The widespread use and implementation of technology in the workplace has opened the doors for innovation in almost all concerned areas. Organizations today use data and tech resources to add efficiency to almost all facets of the organization.
The benefits achieved as a result of this transformation are experienced across the organization with almost all departments becoming more proactive and productive.
The HR department is an important part of the organizational setup today and is responsible for a number of things, including the generation of payroll and employee recruitment. Lack of efficiency in HR processes can prove to be detrimental for your organization in the long run as it may soon be overpowered by another firm.
In this article we take a closer look at the amalgam of technology with HR and understand how this has improved the typical functions of the HR department.
Payroll Automation
Payroll automation achieved on the back of some amazing tech solutions is by far the most prominent benefit that technology has brought to the domain of Human Resources.
HR departments that previously relied on tech sources had to go through extreme levels of hassle to create the monthly payroll. Manual payrolls would not only require labor hours but would also disturb the efficiency of the process as employees would have to go through extensive wait times for their salaries to arrive.
However, with the automation in this regard, businesses are now able to prepare payrolls in a matter of one day. The process can now be managed at the click of a button as HR managers shift their attention from the needless data entry to other important tasks.
Improved Retention
Technology and some improved AI functions have also assisted HR managers in hiring processes. While hiring managers would previously sift through resumes manually and make a decision after hours of reading and interpretation, the process is now more automated, faster and reliable. The biggest change has come in the presence of AI models that can go through resumes and find the best fit for you to shorten the screening process.
Performance Management
Organizations in which the HR department is tasked with performance management have also implemented models that track employee performance and generate reliable user data. The data generated by such models can be used to set individual targets for employees and measure their current performance. This removes the presence of bias in annual reviews and can make the process fairer and faster.
We at JS Benefits Group have worked with a number of clients from different industries to advocate the use of technology in HR and help them make the transition. You can get in touch with JS Benefits Group to discuss and devise a strategy.
