Feedback helps the employee as well as the organization to learn about shortcomings, the scope of improvement, the remedies, as well as the new opportunities in the industry.
Photo Credit : Shutterstock,
Technology changes the way of our life, the way we perform tasks, and the way we run our office. HR tech is rapidly evolving and taking huge strides that are transforming our work environment. Traditionally, the HR department has always been a time-intensive and paper-intensive one. With digitization bringing a change of direction in the tides, more and more companies are making the switch to digital from traditional. The impact of technological advancements is a profound one, one that gives rise to quicker adoption of faster and more efficient tools. HR tech comes in many forms, such as:
Applicant Tracking System: Applicant tracking system relies on a centralized database to streamline the entire recruitment process of an organization. With the help of cloud-computing, ATS is capable of screening all the CVs based on predefined search criteria. This enables recruiters to focus on things like evaluating the cultural values and personality of a candidate.
Payroll Management Software: Designed to measure the hours logged in by an employee and their attendance, as well as manage holiday calendars and leave policy. The payroll management software improves work efficiency, is secure and maintains transparency throughout the workplace.
Employee Perks, Rewards & Recognition Platform: To reduce attrition and keep the employees engaged, HR managers and leaders are leaving no stone unturned. The use of platforms like Advantage Club is helping the HRs keep their employees happy and satisfied by giving their employees access to the 10,000+ brands where they can redeem their earned points. The brands are further divided into 12+ categories for the ease of the users. Apart from perks and rewards, Advantage Club also has features like Buzz, that lets all employees know what's going on in their company. It also focuses on recognition among peers and well as across the various levels of hierarchy in the organization. The platform also supports the employee engagement activity buckets like Hobby Club, where an employee can join and connect with their colleagues who share similar interests. They can also post their pieces of work, like painting, creative writing, photography, etc on the wall.
Better Communication Software: Digital tools like social media newsfeeds, IMs, career sites & social intranets are instrumental in keeping everyone in the loop. They promote interactions in the organization, build coordination in teams and improve the overall performance of the employees.
Performance management Software: Companies are adopting performance management software to assess the output of their employees with the help of active tracking. The upper management can make decisions based on the data from the software regarding training, promotions, and recruitment.
Feedback: The latest HR Tech have a built-in feature of giving and receiving feedback. Feedback helps the employee as well as the organization to learn about shortcomings, the scope of improvement, the remedies, as well as the new opportunities in the industry. It is vital for identifying key areas in the organization that needs work and if unchecked, will have a negative effect.
Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house