Has the role of the Chief Human Resources Officer (CHRO) ever been more important?
HR departments – and specifically CHROs – have had to adapt to meet the demands the pandemic has brought to bear on business, with technology driving new initiatives, core components and guidelines for change. Add to the mix a focus on reimagined global expansion, the importance of international hires and the emergence of remote, flexible workforces on a mass scale, and it’s clear that the role of the CHRO has become perhaps more pivotal than ever before for a well-organized, flexible company with global aspirations.
Gone are the days where most employees worked together in the same premises and HR issues could be easily and quickly resolved on-site. New working methods have pushed technology to the forefront of how HR departments deal and communicate with employees, wherever they are based. The shift in emphasis requires CHROs to understand how best to utilize the technology at their disposal and appreciate its strategic importance in creating a welcoming, nurturing and transparent environment for their workforce.
Recruitment: How Tech Allows You to Attract the Best Talent
Ensuring you can locate, attract and retain the best talent available is critical to success, and as the CHRO, you play a vital role in the implementation and management of this process. Make sure you are maximizing the opportunities that technology affords you when looking for new talent; monitor those job sites potential candidates visit on a regular basis and keep track of the types of roles that attract the most interest. For example, many companies use cloud-based recruiting software to standardize their role descriptions, allowing them to cater positions to the candidates they wish to attract.
A study recently conducted by Forbes showed that productivity has increased by up to 47% in staff working from home, potentially signposting a long-term shift to remote working. As the CHRO, it is important that you can facilitate, nurture and provide welfare for your talent, regardless of location. This is where partnering with an Employer of Record, such as Elements Global Services, can reap dividends for businesses needing to source talent from the widest possible pool. By leveraging its reach in over 135 countries with the advantages offered by ground-breaking technology like ApprovPay, our global payroll and human capital management platform, not only can you quickly bring on the best people the world can give you, but you can also make sure they’re paid and receive the benefits that make your company a top destination for talent.
Beyond the obvious benefits for administration tasks that our systems offer, we understand the important role they play in expanding and enhancing communication channels within your company. Because we have teams based all around the world, we can provide rapid and relevant assistance to your workforce if ever the need arises.
Compliance: The Ever-changing Landscape of Local Rules and Regulations
While it is not possible to have a physical presence everywhere, it is vital that, as the CHRO, you are aware of the impact of the fast-changing landscape of local rules and regulations in those countries where you do operate. No matter the size of your team, staying abreast of these changes as they evolve and change from country-to-country is a monumental and – literally – never-ending task. That’s why outsourcing these tasks typically makes the most business and administrative sense. That could take the form of contracting an external compliance team to do the work or by leveraging tools that facilitate the process for internal teams, such as Elements’ one-stop-shop global business intelligence platform, Expandopedia.
With our proprietary technology, your team will benefit from:
- Researched, verified and up-to-date information, guiding your decision-making with the best business intelligence
- Access to the templates you need to onboard, manage and offboard employees in over 150 countries worldwide
- Bespoke solutions, when needed, through the Ask An Expert feature
- And much more
Global expansion will always be a daunting prospect. Getting to grips with local labor and tax laws and regulations while ensuring you remain compliant presents a challenge for even the most seasoned of HR teams. An expert partner, like Elements, with a proven track record of helping companies expand their business globally, saves you and your organization both time and money.
Engagement: The Role of Social Media in Your Role as CHRO
Social media has become an inescapable feature of our personal and business lives. The near-permanent connectedness afforded by global social networks has radically altered the way people look for work and heralding a wave of modern, digital-first platforms, such as LinkedIn.
The advantages for jobseekers are clear: applicants can apply for multiple jobs by simply uploading their CV . For employers, social media also offers a wealth of great networking opportunities. According to a recent study conducted by ADP Research Institute, 50% of employees look forward to using social media as a platform to collaborate, while 38% are already tapped in. Data like this
underlines the significance of choosing the right platform for your employees, your potential candidates, and your sector, to enhance your chances of finding, collaborating with and retaining the right talent and clientele.
Not only do platforms such as LinkedIn provide opportunities for job seekers and employers, they also allow the CHRO to boost their visibility among employees and create a culture of transparency and approachability. By utilizing these tools, a CHRO can impact the climate of the business, shattering hierarchal walls and making the company a more enjoyable place to work.
Technology was the undeniable star – and hero – of the workplace of 2020. Without the Slacks, Office 365s and Zooms of the world, thousands of otherwise successful businesses would have struggled to continue to operate while managing their workforce.
It is apparent that the role of the CHRO is more important than ever, and their success can rely heavily on being tech-savvy and welcoming changing technology in with open arms. Not only does technology streamline and enhance business functionality, but it can also aid the CHRO in building the best working environments and cultures for their employees.
About Elements Global Services:
Elements Global Services is a global tech firm, focused on software that is built to go beyond country borders and simplify a company’s ability to Expand their Business, Onboard Employees, Manage Compliance and Pay Globally. Visit elementsgs.com, LinkedIn or Twitter for more information.