HR technology may be something your small or medium-sized business has flirted with recently. But did you know HR technology can be leveraged by growing businesses to develop and strengthen their strategic human resource management practices, often at very little cost?
Here are five reasons HR technology should be part of your strategic human resource management in 2017 and beyond.
Automate repetitive HR functions
HR technology reduces the workload of your HR team by automating a number of repetitive administrative tasks such as record keeping and attendance, time off, performance reviews and expense management. When HR technology takes care of many of the ‘in the weeds” HR tasks, the team frees up time to focus on strategic human resource management tasks such as discovering ways to boost employee retention or devising effective employee engagement strategies.
Promote corporate culture
HR technology that incorporates a chat function and a social feed promotes a sense of cohesiveness amongst employees. Regularly shared shout-outs, inter-departmental announcements and personal wishes, such as birthdays, assist in developing and maintaining a corporate culture that is transparent and self-sustaining.
Improve your security
It is crucial to any company to not waste valuable time running around to find papers and lose crucial information because it’s not located in one central place. An HRIS helps you store all your information in one system, and reduces the amount of paperwork. This is not only environmentally-friendly but also much more secure, especially if the solution is ISO certified. Security should never be an option, but a must.
Boost your employees’ performances and capabilities
HRIS will help your employees have a better understanding and view of how they are doing in the organization thanks to features such as competencies, and performance reviews. By knowing how to fulfill their job requirements, how they can improve, and getting feedback from their managers, an HRIS can truly help them optimize their aptitudes and stimulate their work. It is essential for managers to communicate with their employees, and thanks to an HRIS that can generate automated reminders so they don’t forget to fill in performance reviews, this task seen as tedious and complicated becomes easy and fast.
Design employee career plans
Recognizing and retaining key employees is crucial to the healthy performance of any organization, regardless of size. High performers in particular need to feel that they “moving up,” otherwise they are likely to move on. For small to medium-sized businesses especially, HR technology assists the HR team in designing and tracking employee career plans and individual development trajectories to promote employee retention and make sure your stars stay with the firm.
Many affordable HR technology options exist for small to medium-sized businesses. The trick is to find one that grows with you, in order to avoid having to change solutions every year or two. Looking for more information on HR technology? Reach out to me at email@example.com or visit hrwize.com.