SEPTEMBER 20238ith each passing day, technology is booming unfurling the flag of advancement in the sky making us aware of its existence in the human world. Human is the most wise and intelligent creature on earth which invented science and technology and as its by-products, multiple machineries were invented and still being invented which seem to control the pace of its creator. Human resource is the Sun of this solar system like corporate world, where humans are creating, discovering, exploring, assisting, administering, guiding, and using the technology to enhance its pace of work. So, choosing the right person for the right position is a concerned area for keeping the corporate empire alive perfectly and efficiently. The dedicated department which is responsible for selecting, recruiting, training the perfect workforce to fetch the highest outcome in a top-notch company is called Human Resource Management. Human resource is also regarded as human capital when employees are treated as an asset for the company. In enormous MNCs there are departments of HR, but for smaller ones, they outsource such services from discreet firms which are made for consultation of HR services like advertising, interviewing, selecting, recruiting and training. Globally HR consultancy market is growing at leaps and bounds and exhibited a sale of $49.4billion in 2022 and expected to reach $82 billion with CAGR of 5.2 percent in India, the HR market has grown 21 percent in four years and valued around Rs.22,800 crore.With the wide awakening of science and technology every sector of economy has surrendered in the hands of divine technology which is uplifting the market at the speed of light. Alike Information technology, Marketing and Sales, or Business analysis Human resource management has also been touched by the wave of technology. The part and parcel of this corporate world is seeking the right measures to streamline all the operations and methodologies to magnify their effectiveness, efficiency and efficacy in all types of services. Over 50 percent of people think technology will determine workplace changes in the next 5 to 10 years.So, let's take a look at the recent technological trends of Human Resource departments, which the organizations are following to be the apple of the industry's eye.Applicant Tracking System: Human resource team works as the gatekeeper of a company who checks and scrutinize a person before adding to the workforce. Recruitment process is a long strenuous effort of selecting the best talent for the company which needs a lot of patience and perseverance to get the best chunk out of the pool of applicants. Applicant Tracking system is a special software which posts job openings on a corporate website, screen resume, and generate interview requests to potential candidates by e-mail. The system also has automated resume ranking, pre-screening questions and response tracking, and multilingual capabilities.Data-driven Scrutinization & Skill Assessment: Data analytics and AI can make the process of background checks seamless and more accurate. It runs the automatic system of identity verification, checking previous employment to education checks. It saves the precious time and money of HR manager to check candidate's profile faster, and respond to potential WSC COLUMNTECHNOLOGICAL SUPPORT IN HUMAN RESOURCE MANAGEMENT
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