Technology Benefitting HR and Engaging Employees

Technology is changing faster and changing now and then. No organization or department is left untouched by it or not transformed by the power of IT in some way or another, especially where employees are working remotely. The number of companies integrating technology into their HR operations continues to rise. According to a report by Fortune Business Insights, the global human resource (HR) technology market size is projected to grow to USD 39.90 billion by 2029. For HR, digital transformation is transformational and transactional. Transformational comprises talent management, including learning, recruiting, and performance, and transactional involves processes, such as leave management, payroll, time management, and benefits management.

This blog digs into the benefits that transforming HR functions using technology brings to all the stakeholders of an organization, from the C-Suite to managers, employees, and the HR department.

How Technology Benefits the Human Resource Management

Paces the Process of Recruitment

Using technology in hiring helps you quickly transform a prospective candidate into an employee. Application Tracking Systems (ATS) and other recruiting software enable you to provide a positive candidate experience. Tools come with technology features, permitting real-time offers and one-click offer acceptances. Over 90% of recruiters and hiring professionals believe employing recruiting software affects hiring in a positive sense. Having the right technology solution and process that speedily provides offers and ease of acceptance aids you in hiring the perfect new candidate before your competition does.

Lessens Administrative Burden

Employee self-service (ESS) tools play an important role in lessening the administrative burden of HR professionals when remote working employees or those operating from the office must make a change. Your staff can easily enroll in an ESS tool, enter their information, review plans, and make updates without seeking the help of an HR representative. Let us take an example to understand this better. Say, an employee wants access to the paystub that is two months old. An ESS tool allows them to instantly log in and print the requisite information.

Improves Communication and Transparency

Employee experience platforms like UnlockTalent help establish an organization’s strong internal communication system. Employees are aware of who is working on what. When your staff knows that their daily tasks are well-aligned with those of the organization and others are assisting them in achieving the set goals, there is a rise in employee engagement and productivity. Through the check-ins feature of the employee experience platform, managers and leaders can keep a track of the planned and achieved tasks for effective one-on-one and team communication. They can also easily identify challenges and roadblocks faced by their teams. As an individual, you can even request a 1-on-1 and feedback from your manager. Doing so makes communication better.

Eases New Employee Onboarding

Employee onboarding software or platforms manage the complete onboarding process and ensure all the documents, guides, forms, and training are accessible 24/7 to all employees without any hassles. Doing so has become more important today than ever when employees are working remotely. Now, there isn’t a need for the back-and-forth communication between the newly hired employee and the HR to complete the new hire “paperwork”. Employee onboarding software also tracks work progress. The software reduces the administrative burden for HR and provides a similar kind of experience to the new hires. The HR department can thus plan for novel ways to augment the new hire experience.

Increases Data Accuracy

HR technology lends HR and management access to crucial data. From financial forecasting to succession planning, staff performance information plays a key role in business decision-making. The most appropriate human resources technology solutions to hone employee engagement and productivity integrate across a few dimensions, from attendance and time to HR benefits utilization. When managers can access such information for employees, they gain insights valuable to their business.

Remember, intelligent HR and IT professionals employ HR technology that well-aligns with their HR strategy. You must find an employee experience platform with scalable features and services. Only then can your business accomplish its goals and adapt to the changing needs as they evolve.