What are the trends in the HR industry in 2021?

This year, the topic of human resources has attracted much attention. And, such attention is always slightly negative. At the 315 party, several well-known recruitment websites were exposed for selling job seekers' resumes; many labor service companies were investigated, and non-compliant behaviors of fake outsourcing and real dispatch appeared frequently, and the industry was still far from standardization and transparency...

According to statistics, the human resources industry is a plate of hundreds of billions of dollars, but the market is extremely fragmented, and the level of companies in the industry is uneven, which is the pain point in the current industry. At the just-concluded "2021 First Hr Industry Digital Empowerment Innovation Forum", practitioners and investors in the industry discussed their views on the future trend of the HR industry.

<h3>The reshuffle is taking place, forming a new pattern within 5 years</h3>

The consensus within the industry is that a reshuffle in the HR services industry is taking place. Xue Jingfeng, CEO of One Meter Network, listed the timeline of the industry reshuffle: within 3-5 years. At the same time, he also pointed out three keywords for the future development of the human resources service industry: professional, focused and refined.

Xue Jingfeng believes that the threshold of the human resources service industry is not high, and many enterprises still maintain the operating mode of husband and wife shops, with extensive management and relying on some customer relationships to win customers. Clearly, such a situation is not sustainable. A truly healthy industry must be a professional and market-oriented company to participate in the operation in order to form a good industry ecology. In the future, long-tail companies will be more professional service agencies "dimensionality reduction strike", can stand out of the enterprise must rely on professionalism to establish barriers, in order to stay away from inefficient homogeneous competition,

The second is focus. Most practitioners are going with the flow, and where there is an opportunity in which there is money to be made, they flock to wherever they go. But it is the most correct thing to really cultivate in a field for a long time and strive to extend your long board in the market segment. Zhang Jie in Shanghai focuses on channels, which have been the same for decades. Now channels have become a scarce resource, and Zhang Jie is also getting bigger and bigger in the highly competitive industry.

Finally, refinement, only more refined, efficient, in order to provide different value. Like Ingmar, it has been continuously deepening in the field of outsourcing, and improving the efficiency and service quality of all aspects of outsourcing. Therefore, Ingmar can serve the highest quality customers in the industry and form a positive business cycle. The tail service provider can only be selected by the "customer", and the survival situation is becoming more and more difficult.

<h3>How is the digitalization of the HR service industry itself accomplished? </h3>

Although the human resources service industry is a business for people, its own organizational construction and management efficiency are actually in a very traditional state. The industry is also completing the first phase of digitization from offline to online informatization. In the future, companies in the human resources industry will not only complete information management and operation, but also achieve the digitization of the entire industry and the company.

If technology companies can develop and grow rapidly in a short period of time, then what is lacking in the development of the human resources service industry is such efficiency and high-quality concentration.

With the arrival of 5G, the release of Hongmeng system and more and more enterprises began to pay attention to the development of science and technology, technology empowerment is not only applied to large IT companies, but also has an extremely significant role in the human resources industry. For example, Haina Human Resources Cloud's functions such as identity information technology collection, intelligent accounting of employee salaries, and visual dynamics of enterprise bosses will increase the efficiency of enterprise offices by at least 50%, and the meaning behind this is not only the improvement of efficiency, but also the enterprise boss can make better decisions for enterprises through scientific data, so that enterprise development has a better direction. Only with the help of quantifiable and analyzable digital tools can HR service providers avoid stagnation, better serve customers, and win the market.

<h3>The future of traditional HR services? </h3>

According to incomplete statistics, the human resources industry has more than 230 financings in the human resources industry in 2019, especially in the rapid development of new employment models such as flexible employment after the epidemic in 2020, the human resources industry has once again been favored by the capital market.

Of course, if enterprises want to achieve higher development, it means to change the status quo of enterprises to a greater extent, and the control of epidemic data by the state during the epidemic period largely reflects the advantages of big data empowerment, and in the future, human resources enterprises also need to lay out development strategies from three aspects as soon as possible:

1. Rapid layout digital upgrade, so that the management efficiency of enterprises can be greatly improved;

2. Introduce the power of capital to allow enterprises to quickly occupy the market;

3. Assist and assist enterprises through professional law firms and accounting firms, and stabilize and improve the basic work of enterprises;

Through the above three aspects, from the construction of basic enterprises + digital technology empowerment management + the support of capital market funds, human resources companies can smoothly enter the fast lane of development when they reach a certain stage of development.