HR and Payroll have evolved significantly. The regulatory/compliance environment, the behavioural/social environment and the technology environment have changed immensely… and rapidly! In my discussions with analysts, industry experts and prospective clients, it has become clear that many businesses today have systems and processes geared to yesterday's needs.
In 2015, for the first time Millennials will make up the largest portion of the workforce according to the U.S. Bureau of Labor Statistics. Millennials are extremely tech-savvy and spend a lot of time online on mobile devices. They don’t use their smart phones to make calls; they rely on apps to communicate with their friends and peers. Where websites used to be the norm, now mobile access is becoming the defacto standard. Many people in the world (especially in Asia and Africa) completely skipped the PC revolution and moved to mobile right away.
The birth of the smartphone has changed our lives forever. The increase in functionality allows us to be more social, more productive and more efficient but “with great power, comes great responsibility”. In 2010, the number of mobile phones, globally, exceeded one billion and is ever growing. As we head into 2015, employees are expecting access to critical business applications and data on their mobile and tablet devices.