HR professionals in the UK are prioritising employee wellbeing through increased technology investments.
- A survey highlights a surge in HR technology expenditure with a focus on mental health resources.
- Over 93% of HR professionals link technology adoption to enhanced employee engagement.
- AI and automated tools are being leveraged to improve employee satisfaction.
- Organisations plan significant HR tech investments over the next five years.
A recent survey of over 1,000 HR professionals across the UK reveals a notable shift towards enhancing employee wellbeing through technology. This trend is largely driven by investments in HR technology, including AI-powered tools and other innovative solutions. The aim is to provide personalised support, reduce stress, and ensure mental health resources are easily accessible. This initiative follows research commissioned by the organisers of HR Technologies UK, a prominent event in the field.
The survey results are telling, with 68% of respondents affirming the critical role that HR technology plays in supporting employee wellbeing. Furthermore, an overwhelming 93.71% of those surveyed have identified a direct link between technology adoption and improvements in employee engagement and retention. This illustrates a growing recognition of the positive impact that a focus on wellbeing can have within organisations.
Investment figures from 2023 reflect this focus, with 56% of HR practitioners reporting that their organisations have allocated at least £50,000 to HR technology. This financial commitment underscores a heightened awareness of the beneficial effects on employee engagement, retention, and overall wellbeing. Looking ahead, 37% of respondents expect their investment in HR tech to increase by at least 20% in the next five years.
Despite these positive trends, HR professionals continue to face significant challenges, particularly in the areas of employee retention, hybrid work management, and overall staff wellbeing. Survey participants have highlighted the need for advanced HR information systems, performance analytics, and employee engagement platforms to address these challenges effectively. This demand indicates a need for solutions that provide personalised support, mental health care, and foster a more connected workforce.
Emerging technologies, such as AI-powered chatbots and virtual assistants, are positioned to play a crucial role in addressing these needs. Over one-fifth of HR practitioners believe AI will become increasingly important for providing round-the-clock mental health support by 2024. The deployment of automated technologies also aids HR professionals in enhancing employee satisfaction through rewards systems that boost productivity and fulfilment.
Paige Bennett, Director of Experiential Marketing, supports the increased focus on wellbeing tools, stating that there is a significant trend of businesses understanding the importance of investing in HR tech to improve workplace culture. Nicki Morris, Group Exhibition Director, echoes this sentiment, noting a shift in business approaches to employee wellbeing, with technology being a key driver in production and engagement.
The commitment to HR technology marks a pivotal shift towards prioritising employee wellbeing in the UK.