Welcome

Digital Workforce: Why is Data-Driven Technology the Next Frontier in the Battle for Top Talent?

Sponsored by Ceridian
Tuesday 23 March 2021, 12:30
Zoom

Today’s digital economy has radically changed employee expectations of the world of work: no longer content with healthy salaries and benefits, the financial services workforce is more tech savvy than ever, and expects the same of their employer. As a result, established institutions are competing with FinTechs and InsurTechs competitors - and the perks and digital ways of working they offer- to attract and retain top talent.

The pandemic has also seen HR teams work to onboard and upskill staff remotely, while the volumes of data pile up and the pressure to make efficiencies grows. Meanwhile, rising awareness of data privacy means that staff are now expecting greater access to their own data. As a result, app-based access to payroll, holiday requests and shift schedules are a crucial route to employees feeling valued and in control of their own careers.

To meet these challenges, some employers are making the move from legacy infrastructure to cloud-based platforms which offer HR teams and managers greater visibility of data and automation of core HR functions, while AI-driven apps offer employees a more personalised on-demand experience.

This roundtable will delve into the key challenges for HR teams in financial institutions as they seek to use digital technologies to transform processes such as payroll, holiday and legal and free up time for more human-focussed tasks while giving employees greater control.

Topics for discussion

• What strategies are financial institutions adopting to evolve into digital workplaces, especially with the rise of remote working?
  
  
• How are established FS players using new technologies to attract a digitally-savvy workforce and compete with FinTechs and InsurTechs in engaging and retaining talent?
  
  
• What role can digital HR platforms and applications play in reducing complexity and facilitating onboarding for employees?
  
  
• How has on-demand culture changed employee expectations of control over their data and core employment information?
  
  
• How is AI being used to provide more personalised employee experiences?
  
  
• What role is the shift to cloud data storage playing in the digital transformation of the HR function?
  
  
• How are organisations reducing risk when automating manual HR processes such as payroll and how much time does this free up for more strategic ‘human in the loop’ tasks?
  
  
• What role can digital technologies play in upskilling the workforce and delivering better training and development opportunities?
  
  
• What are the potential pitfalls of employee data stored in silos across legacy systems and how quickly are FS institutions making the shift to cloud-based systems?
  
  
• What role does self-service HR technology play in the future of work including flexible and hybrid working models?
  

Timings:
12:30 – 12:40   Editor’s Welcome
12:40 – 14:00   Topic Discussion

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