Make Every Minute Count With HR Technology
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The recruitment landscape is changing and as you look to cope with it, you may have thought about promoting and implementing technology in your workflow. There has been a heightened awareness around HR technology among organizations – mostly because recruitment involves a number of complex manual processes.
Finding and acquiring new talent is tough. 36% of HR professionals say they don’t have adequate technology and resources to recruit top talent. Without the right technology and automation in place, you could be wasting time that you could be spending on more important tasks such as training and retaining.
What is HR Technology?
HR technology or HR tech is a broader term that encompasses a wide range of technologies and software that help recruiters manage a variety of functions such as acquiring and retaining talent, and ensuring a skilled workforce. Recruiters can also engage stakeholders, ensure compliance, and safeguard the company’s reputation through these tools.
How Does HR Technology Make Every Minute Count?
With HR tech, companies can now optimize their HR processes significantly. It frees up HR professionals to focus more on strategic initiatives, including employee retention, engagement, and overall company’s success. In this post, we can discuss how HR tech allows recruiters to make every minute count and what are its major benefits:
Better Recruitment Practices
Applicant Tracking Systems (ATS) automate manual tasks, such as job postings, resume screening, and interview scheduling. Also, video interview software and assessment tools make it easier for you to screen and pick candidates with the right personality and skill set required for the role. These tools also come with features that let you communicate seamlessly with your team, fostering coordination and transparency.
Improved Decisions with Data Analytics
Data analytics helps recruiters draw meaningful insights from a large pool of candidate data. It provides insights, and enables organizations to predict better ways to source, assess and pick the right candidates. The predictive analytics and scenario modeling capabilities help you expect future outcomes, such as smarter hiring choices, faster hiring processes, higher employee retention, optimized workforce planning, and cost savings in recruitment. Further, with real-time updates, you’re able to make timely decisions.
Simplified Administration
Human Resources Information System (HRIS) automates routine tasks, including data management, reporting capabilities, and facilitates self-service for employees. Self-service portals allow employees to update their information, answer commonly asked questions without any involvement from the HR. With centralized data management, you have a single source for all candidate and recruitment data. With this form of digital HR technology, your administrative practices are simplified, so you can focus more on crucial tasks.
Reduced Data Entry or Duplication Error
Jeff Weiner emphasized the essential role of data by saying “Data powers everything we do.” For an organization to run smoothly, it is imperative to have reliable and error-free data. Manual data entry is time-consuming and prone to errors. Inaccurate candidate data can lead to miscommunication. Lack of data management can lead to confusion and inefficiency in the candidate tracking process. With the right technology and data, you can ensure accuracy in the HR processes.
Convenient Access to Information
Managing huge chunks of candidate data can be time-consuming. With digitized document storage and centralized systems, it’s convenient to access all necessary documents and information. You can search through resumes and applications based on specific criteria, making it easier for you to find the right candidates. Interview notes, assessments, and feedback from hiring managers will simplify the decision making for you. Additionally, mobile accessibility means you can stay connected on the go, accessing documents from your smartphone or tablet from anywhere. Share and exchange documents seamlessly with your team enabling seamless collaboration. Your HR documents are safe and secured with robust security policies and compliance features.
Final Words
Technology in HR has become an invaluable partner for professionals. With a range of tools, it expands your perspectives and provides important insights that help in better hiring decisions, improve workforce planning, people management and eventually help your business grow.
