Sharing service platforms to be a trend

Xing Ying, deputy general manager of Beijing Foreign Enterprise Human Resources Service Co Ltd (FESCO),speaks at the Talent Economy Forum in Beijing, August 10, 2016. [Photo provided to chinadaily.com.cn]

The fundamental purpose of HR digital transformation is to build up strategy, develop standardized procedures for routine work and better serve the employees, said Xing Ying, deputy general manager of FESCO.

Sharing service platforms are currently the most representative and one of the widely accepted ways for companies to embrace digital transformation, said Xing.

According to Xing, FESCO has been building a service sharing platform for businesses in these years. Data on the sharing platforms can provide HRs with insights and support companies in decision making.

"According to the analysis based on our survey among more than 1,000 companies, sharing service platforms will be likely a big trend of the future," she said.

Of the companies who have set up service sharing platforms, more than 60 percent have established the centers in the recent three years, and companies with more than 1,000 employees take up the most shares, she introduced.