Shaping HR strategy in growing businesses: 3 trends

You can expect part-time and flexible workers to make up an increasing proportion of your workforce. Remote work plays an important role in this trend, with some employees working from different countries or regions. The result is both greater diversity and increasing complexity, as your HR team must offer new employee structures, stay on top of regulatory requirements and manage day-to-day core processes like onboarding, absence management and payroll – all across national borders.

GDPR and other data privacy legislation have put data protection in the spotlight – for employees as well as companies. As a result, HR is also under pressure to manage data responsibly and transparently. This means that companies must absolutely remain compliant with the latest information handling regulations. This has a direct impact on HR processes that rely on document management, data input, data management and removal and more.

A wide range of tools and solutions exist to streamline, digitalise and revolutionise the entire employee lifecycle – including AI, robotics and digital assistants. Being fluent in these tools doesn’t just improve the productivity and effectiveness of your HR process. Offering these technologies to employees may prove a key way to differentiate your business.

Businesses must gain rich insights into their employees through robust, comprehensive and aligned HR systems and payroll solutions to offer the right benefits and compensation option to today’s global, flexible workforce. Such solutions enable HR to understand workforce demographics and costs, track working hours and to compensate employees, as well as to manage performance and succession and create competitive benefits packages.

The HR team must also have a clear grasp of the legislation concerning tax, payroll and human resources in every country where it employs people. This includes perfectly accurate, timely payroll in multiple currencies that complies with local legal and HR regulations.

Armed with this expertise plus the organisation-wide insights revealed by data analytics, the modern HR team can help employees – and the business – thrive.

We realise that embracing international HR is a daunting undertaking, and we’re here to help.

By providing easy-to-use, scalable, integrated HR and payroll solutions to EU-based international businesses, SD Worx facilitates the transition toward the future of work. Enable your HR team to focus on adding business value and building strong relationships by streamlining, digitalising and automating complex, time-consuming manual processes in a fully compliant way.