The COVID-19 pandemic has pushed businesses to quickly adapt to a new ‘socially-distant’ style of working, with work from home being the new normal. However, this poses a whole new set of challenges as handling the HR functions remotely is not an easy task.
The global human resource management market size is anticipated to reach $38.17B (approx €31.17B) by 2027, registering a CAGR of 11.7% from 2020 to 2027. Even though the market is growing, there aren’t many HR solutions currently available for navigating the new normal brought about by the pandemic.