In today’s world international migration is not just about number of people migrating between countries because of economic, political or social factors. It is a reality for millions of people who in search of better futures are changing their countries.
Data by United Nation studies show that there are about 244 million migrants living in different parts of the country mostly living in high Income countries such as United States & Europe of which 47 million are living in US alone.
Studies in the past and of present suggest that people usually people from low-income economies migrate to high income economies in search of better jobs. Though economic factors were major reasons for migration but in contemporary time political disturbances are also leading to large scale migration.
So it is not the question that whether one is migrating for better income or for a better living standards. The question is how we are making a migrated community a sustainable and inclusive community. Even the 2030 Agenda for Sustainable Development recognize the contribution of migrant communities for inclusive and sustainable development which does limit to safeguarding their human rights issues but also largely entails safeguarding their jobs future. Not necessarily in their migrant country but that can also be in their origin country.
Earlier, if look at Indian migration trend such as carpentry, electrician, plumber, construction workers, domestic helpers, nurse etc. were highly migratory skills. Though the trend has still continued to persist but what we now see is the swift to new skills such as IT, Research & Development, Academic Professors etc. which are the high end skills also migrating to other countries.
The question of sustainability becomes important for not only the host country which gives them better working conditions, better salary, friendly work environment etc. It is also important to think of their sustainability when they return back. For e.g. an IT consultant or an Engineer may return back to India after a tenure and it is a great possibility that he or she has to start afresh with look out for job.
A concrete data may not be available but as a HR consultancy GlobalHunt witnesses cases where people with good qualifications and experience have returned back with look-out for better jobs in India which also creates a pool of unemployed population. The situation differs for a both formal and informal sectors where a person with formal skills through a rigorous job search will get a job in a new organization or generally tend to start their own entrepreneur venture. But for an informal worker he will be absorbed back to the informal sector of India and continue work with low wages and unskilled workers.
For such cases there is a need to strengthen Indian industries and job opportunities which can also enroll such caliber. ‘Make in India’ is one such initiative which is meant to strengthen the India industries and retaining Talent in India. But the parent organizations should build robust system of policies that can enroll these people back to the system. Also, formal on-job training to enhance skills has to be widely penetrated in India to bridge the skill gap.
However, we have to look for far-reaching solutions that improve the framework of absorbing these migrants back to our country where we need to strengthen our workforce structure with better job opportunities, better working styles, better work culture and improving skills.
The growing market complexity, diverse consumer expectations, geo-political dynamics and the changing workforce etc are enormously affecting they businesses work. Businesses vision has gone wider with time and apart from mere earning profits they want to excel on the scale of customer satisfaction, create an environment of learning & development, thinking over the edge to mitigate its challenges.
However, in this entire scenario the need for good calibre People have remained consistent. The search for People with right talent has grown with time to lead businesses in crucial times. Thus, to manage the growing demand, HR industry is evolving technologically for workforce management and branding demand
Being a leading HR Consultancy and Advisory organization GlobalHunt India Pvt Ltd through its internal research lists down certain technologies which are increasing adopted and implemented in the HR processes in current times.
- Talent Analytics has become one of the most popular tools of HR segment now days. It refers to the prediction of employee performance, attrition and cost with the application of statistics and technology to large people related data sets. This helps in making better strategic planning and decisions for the company. The major benefit of talent analytics lie in finding the right candidate for particular job profiles. Understanding the knowledge gap within an organization, chalking out the right profiles to hire, short listing and selecting the right candidates while making it cost and time effective at the same time is the true essence of talent analytics. Some of the market best talent management software includes Synergita, Kenexa, Cornerstone Talent management and such like.
- Cloud Computing is another technology that is revolutionizing HR segment in recent times. It has been contributing significantly towards productivity of employees and strategic planning. It helps in gaining faster access to innovation. It has differentiated itself from on-premise software in an effective way as it provides software release updates automatically. It is one of the simplest technologies used until now. Furthermore it is very flexible which allows remodelling quite easily providing the benefits of in-premise software. Some of the cloud computing software are Oracle Taleo Cloud service, Datis, UltiPro and such like.
- Human Resources Management System (HRMS) is the ultimate of all the HR based technology innovations of all times. It can be defined as the systems and processes in between the human resource management and information technology. HRMS is the merger of basic HR activities and IT. It is an all round system that encloses recruitment and retention, management and administration, HR planning, knowledge management through learning, analytics, feedback and communication management and employee self service promotion. It also handles certain repetitive backend process like payroll management, attendance tracking, time sheet management and so on. These processes unlike recent times took a lot of time, effort and resources. But now these have been automated to minimize errors and increase efficiency. Patriot Payroll, JobDiva, Bullhorn Staffing and Recruiting Software, ApplicantStack are to name a few of popular HRMS software.
The technology innovation is producing to be quite cost effective and efficient wherein they are reducing time and energy to manage big data.