Labor shortages, missing shifts, or declining productivity, HR managers face multifaceted workforce challenges every day. And the only way to fix these issues is to establish a company-centric organizational culture, which is only possible by leveraging technology.
Over the years, the integration of technology into HR practices has become a new norm in the corporate world. Plenty of options are available for companies to digitize their HR operations for better results. Organizations can use cloud-based workforce management software to improve their team performance and increase employee satisfaction. Besides, replacing paper-based timesheets with digital timecards enables businesses to stay competitive and make payrolls more accurate.
In this article, we will discuss some of the potential applications of HR technology that can help businesses navigate workforce challenges.
So, let’s dive in!
What is HR Technology?
HR technology refers to digital solutions or cloud-based software to streamline HR processes for operational efficiency. Automated HR tools enable HR managers to effectively manage their teams and make intelligent decisions based on real-time actionable insights.
There are several domains in which HR technology plays a key role. These include human resources management, payroll and benefits administration, performance management, and talent management. Businesses can also customize the functionalities of HR systems depending on their HR needs.
By automating traditional HR tasks, HR professionals can free up valuable time and focus on their strategic initiatives. Besides, they can improve employee engagement and transform their HR functions into strategic business support.
Typical examples of HR technology include staff recruitment and onboarding tools, workforce management software, and time-tracking solutions. Modern HR systems also offer exclusive features like automated control room management, patrolling management, and staff vetting. Other important functionalities are incident management, leave management, and employee recognition.
Importance of HR Technology for Modern Businesses
Having a happy and productive workforce is the ultimate desire of every employer. To achieve this goal, companies make different strategies and use various techniques to solve workforce challenges and overcome potential issues.
The right HR system provides companies with an integrated approach to managing their employees. Besides, these high-tech solutions can track employee workable hours, streamline the workforce, and drive organizational success. HR managers can review their team performance in real-time and make informed decisions to boost organizational growth.
Additionally, exclusive features like staff vetting enable HR teams to track applicants’ data and perform comprehensive background checks to ensure a seamless hiring experience. Thorough skills assessments, document verification, and reference checks improve recruitment practices that positively affect team performance.
Eventually, businesses can embrace HR technology to enhance their employee experience, reduce administrative burdens, and secure top talent.
How to Embrace HR Technology to Overcome Workforce Challenges?
A firm’s ability to overcome workforce challenges on time is the road to establishing a successful business. Below are a few ways employers can implement modern HR systems to improve staff productivity and achieve their desired goals.
1. Streamlined Talent Acquisition
Employees are the powerhouse of any organization and play a key role in its success or failure. However, hiring and retaining top talent can be a hectic and time-consuming task. Selecting the right person for the right job requires more profound insights into different roles, advanced skills, and expertise.
To overcome this workforce challenge, companies can leverage staff vetting and screening, applicant tracking, and candidate evaluation features of HR solutions. These features can help businesses evaluate large volumes of applications and select the most suitable ones in less time.
Besides, HR technology can perform comprehensive background checks on applicants per vetting standards like BS7858. This data shows companies can build robust talent acquisition strategies and a talented workforce.
2. Enhanced Employee Engagement
Once a company hires a talented professional, the next crucial step is to offer a seamless onboarding process. Seamless integration is pivotal in long-term retention and employee engagement, contributing to organizational success. On the other hand, a disengaged workforce usually underperforms and fails to meet employers’ expectations.
With HR technology, employers can access automated onboarding workflows to empower new hires and create a positive first impression. Cloud-based HR software digitizes record management and provides instant access to relevant resources. Similarly, companies can use these tools to deliver personalized training modules and contribute to the professional development of their teams.
Eventually, enhanced employee engagement accelerates team productivity and significantly improves overall performance.
3. Real-time Performance Evaluation
Being an HR manager, one key workforce challenge is assessing employee performance. This task is not easy because companies now embrace multiple models like remote, hybrid, and in-office. Similarly, managers can’t monitor every worker individually, particularly in enterprises with a large workforce.
However, HR solutions have advanced and dynamic performance assessment tools and functionalities. They enable ongoing performance evaluation and regular feedback for continuous improvement. Both managers and employees can use these tools to set projected goals, track progress, and identify areas for improvement.
Hence, regular performance evaluation enhanced transparency, accountability, and collaboration. Ultimately, HR technology drives employee performance and delivers impeccable results.
4. Accurate Calculations
Time theft is a common problem for HR managers. It costs employers millions of dollars annually due to their inability to accurately calculate working hours. These inaccuracies lead to discrepancies in payrolls and financial disputes.
HR software can solve this issue by bringing accuracy and transparency into employee hours calculations. These automated systems allow employees to clock in or out with their HR mobile app by reaching the specified service area. The system then accesses GPS location and calculates total working hours automatically.
Ultimately, HR managers can calculate employee wages and process payrolls accurately with a few clicks. Besides, they can download detailed payroll reports for weekly or monthly shifts and integrate their HR software into preferred payroll systems.
Imagine a centralized dashboard where you can see the overall progress of your teams deployed across different areas and sites. The dashboard provides real-time information about ongoing and upcoming shifts, employee schedules, clock-in and out information, and other relevant data.
This centralized dashboard is a cloud-based HR system or HR software. It empowers managers to get actionable insights into their team performance and make informed decisions for higher productivity. Companies can use these automated tools to overcome workforce challenges and improve employee engagement.
By implementing HR technology, businesses can empower their teams and attract and retain top talent. Eventually, they can stay more organized and strengthen their competitive edge.