{"id":20790,"date":"2023-11-10T09:30:00","date_gmt":"2023-11-10T09:30:00","guid":{"rendered":"https:\/\/benefex-dev.local\/en\/2023\/11\/10\/heres-what-you-missed-at-unleash-world-expo-2023\/"},"modified":"2023-11-10T09:30:00","modified_gmt":"2023-11-10T09:30:00","slug":"heres-what-you-missed-at-unleash-world-expo-2023","status":"publish","type":"post","link":"https:\/\/benifex.com\/en\/heres-what-you-missed-at-unleash-world-expo-2023\/","title":{"rendered":"Everything We Learned at Unleash 2023"},"content":{"rendered":"

We were thrilled to attend Unleash World HR Expo 2023. The leading HR Tech event that brings together the brightest minds in the industry to explore the future of HR and how technology, culture, people, and innovation will shape it.<\/span><\/h2>\n


The event was held on October 17\u201318 in Paris, and featured a variety of engaging speakers, sessions, and workshops on a wide range of topics \u2014 including AI, employee experience, hybrid work, the future of tech and HR and Gen Z. <\/span><\/p>\n

<\/p>\n

Couldn’t make it to Unleash 2023? Don’t worry, we’ve got you covered. Here are some insights directly from our colleagues who attended. <\/span><\/p>\n

On AI\u2026<\/h2>\n


As expected, the event was abuzz with discussions about AI. But despite the hype, AI has yet to make a major impact on HR departments, according to our EVP, Chris Wakely: <\/span><\/p>\n

\u201cStill lots of AI-related technologies, but in many cases I felt that HR hadn\u2019t fully worked out nor seen the full effects of AI yet. I think that will come in the next few years as things like ChatGPT come into their own and start to impact solutions.\u201d  <\/span><\/em><\/p>\n

Even though HR departments are struggling to figure out how to best implement this technology, they still see the benefits of including AI in their marketing:<\/span><\/p>\n

\u201cThere was a lot more mention of AI in products, pamphlets, demos, etc. It felt like a lot of the companies are finding ways to incorporate AI, but most importantly market it.\u201d  
<\/span><\/em>\u2014 Sundara Deepan Nedumaran, Principal Advisor, Pre-Sales, International<\/span><\/em><\/p>\n

\"IMG_8651\"<\/p>\n

On benefits and rewards\u2026<\/h2>\n


At the Benify stand we hosted live demos and showcased our cutting-edge technology, sharing how it can transform the way your employees engage with your rewards and benefits program. We also spoke to benefit and HR leaders who are eager to go global with their benefits experience \u2014 while reducing the administrative burden on their teams:<\/span><\/p>\n

“<\/span>Cutting out \u2018admin hell\u2019 was a topic that came up in a lot of conversations. As the demands of the modern working world continue to evolve, it is simply unsustainable to rely on traditional administration & communication methods, especially when managing a global team.\u201d
\u2014 James Maynard, Head of Sales Development Representatives | International<\/span><\/em><\/p>\n

Our Sales Development Representative, Tao Foy, added that many companies were interested in adopting a \u201ccentralized approach when communicating and managing benefits to the workforce.\u201d<\/span><\/em><\/span><\/p>\n

Companies are often in the dark about what benefits their employees are actually making use of and their total spend on rewards and benefits. This is why implementing a data-driven benefits management platform is becoming increasingly important for organizations that want to improve the employee experience and make smarter  decisions:<\/span><\/p>\n

\u201cOrganizations are demanding data insights regarding how their employees connect with their benefits to improve the employee experience and how they make faster and smarter decisions regarding spend locally and internationally.\u201d
\u2014 Jonathan Bruce, Development Director | International<\/span><\/em><\/p>\n

On the employee experience\u2026<\/h2>\n


Speakers at Unleash shared the importance of a people-centric approach to the employee experience: <\/span><\/p>\n

\u201cThere was lots of buzz around \u2018not counting your people, but making your people count\u2019, focusing on employee well-being, engagement and loyalty.\u201d
\u2014 Jennifer McNeil, Head of Field Marketing | International<\/span><\/em><\/p>\n

For example, Spotify\u2019s CHRO, Katarina Berg, shared the company\u2019s Work From Anywhere Program<\/a>, as a prime example of how flexible and hybrid work practices can increase employee satisfaction and productivity. <\/span><\/p>\n

About Gen Z…<\/h2>\n


Gen Z engagement and recruitment strategies were also a hot topic at Unleash, with speakers from Warner Bros. and Uber sharing insights into what motivates Gen Z workers. Gen Z workers prioritize three key aspects in their job: financial compensation, the quality of their relationships with their company and colleagues, and achieving a healthy work-life balance.<\/span><\/p>\n

While pay is still the most important thing, factors related to well-being (like good relationships, work-life balance, and a sense of purpose) are also priorities. What\u2019s more, permanent contracts are less appealing with almost two-thirds<\/a> of Gen Z workers considering leaving their current company within the next year.<\/span><\/p>\n

\"A<\/span><\/p>\n


On niche HR tech\u2026  <\/span><\/span><\/span><\/h2>\n


Niche HR tech platforms are gaining traction because they offer more specialized and effective solutions to specific HR challenges: <\/span><\/p>\n

\u201cAt Unleash this year, I saw a significant increase in niche HR technologies, such as software designed specifically for compensation management.\u201d
<\/span><\/em><\/span>\u2014 Sundara Deepan <\/span>N<\/span>edumaran, Principal Advisor, Pre-Sales, International<\/span><\/span><\/em><\/p>\n

The rise of specialized HR tech platforms reflects the increasing complexity of the HR industry, and points to a future of more integrated and ecosystem-driven HR tech. <\/span><\/p>\n

As Chris Wakely noted, there\u2019s a trend of organizations \u201cmoving away from traditional methods of data transfer and storage, such as SFTP, and towards more standardized and cloud-based solutions, such as SAML2 and API.\u201d  <\/span><\/p>\n

The growing demand for flexible and scalable cloud-based solutions is driving continued investment in specialist technologies that integrate with core ERP systems: <\/span><\/p>\n

\u201cBest-of-breed specialist technologies surrounding core ERP continue to thrive in specialist areas like benefits.\u201d
<\/span><\/em>\u2014 Chris Wakely, EVP, Multinational Sales, Global <\/span><\/em><\/p>\n

We were absolutely delighted to be a part of Unleash 2023 as both sponsors and attendees. It was invigorating to reconnect with people in person, engage with potential clients, and gain invaluable insights into the cutting-edge trends that are propelling the future of HR.<\/p>\n

\n


If you’re looking to transform your total rewards and benefits strategy, offer your employees a digital first rewards and benefits experience, then reach out to a member of our team for a personalized demo today. <\/span> <\/p>\n

<\/em>{{cta(’19ff9e47-14d5-4389-a99e-5040601a883b’)}}<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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