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Spurred by the pandemic, the Great Resignation of 2021 continues to impact organizations globally well into 2022 altering the dynamics of HR economics in the process. Limited career growth, burnout, lack of work flexibility and remote working, and outdated technology have been cited as some of the key reasons contributing to this. On the one hand, it has put employees in the drivers’ seat especially in the technology and healthcare sectors, and on the other, it has been a part of the pandemic’s causative effects with disrupted supply chains, unstable economies, and a dwindling talent pool.
Organizations worldwide have been battling the Great Resignation in their own ways by opting for innovative employee retention solutions while some others have realized this and begun the transition towards embracing technology for long-term solutions. Implementation of these innovative tech solutions and further strengthening of existing technologies could be brought about by hyperautomation; one of the top technology trends that is expected to redefine strategy in 2022. According to Gartner, “Hyperautomation is a business-driven, disciplined approach that organizations use to rapidly identify, vet and automate as many business and IT processes as possible. Hyperautomation involves the orchestrated use of multiple technologies, tools or platforms.”