Here’s how the right technology product can help organizations increase their business goals.
New Delhi,renew: IST October 17, 2022 15:16
5 ways technology is turning your organization’s talent into market value
Online Help Desk in India Today: HR departments in this day and age have a great opportunity to use technology to manage and improve the overall employee experience – from pre-hire to post-hire. When planned and implemented properly, it is not only great for employee well-being, but also has the potential to transform the workforce.
With recruitment and employee retention a perennial challenge, HR needs to devote resources to running technology solutions powered by agile processes. Therefore, it is important to understand, select and implement the most suitable technology solutions to achieve maximum value.
Here are 5 ways the right technology product can help organizations increase their business goals.
1. Workforce efficiency optimization
The key to business success is optimizing the workforce to bring out their best skills and abilities. New-age technology solutions can seamlessly track employee performance and provide leads to HR managers, whether training or development modules are required.
2. Mobile workforce optimization
The introduction of cloud HR technology has brought a sea change to the employee experience. The pandemic has also played a role in accelerating the adoption of cloud HR technology. It keeps all employees informed and empowered with collaboration tools, instant notifications, and subsequent productivity tracking.
Automation is a buzzword not only in HR but across different functional areas. However, the application of automation in HR has a symbiotic relationship. From the moment a candidate is hired, from collecting documents, to tracking and verifying candidate information, to getting documents digitally signed by candidates, all other formalities can seamlessly manage the entire employee experience ahead of the onboarding date.
Data is the new oil, and now is the perfect time to use it. A typical HR department has a lot of data in various systems. Modern HR platforms can analyze this data and identify patterns that can greatly support business performance.
For example, if an organization has a large number of resignations within the first year of joining, these platforms will help identify patterns and determine justification. This will ultimately help the organization roll out corrective actions.
5. Customization and Configurability
In the wake of the pandemic, we have witnessed a series of HR trends impacting the HR department of an organization. Whether it’s a job from anywhere, a white-collar lethargic or a quiet resignation.
This is where an adaptable HR solution can increase efficiency. It can create processes to manage different scenarios. It remains flexible and customizable to meet the changing needs of an organization.
Article by Sumit Sabharwal, CEO, TeamLease HRtech