Getting the Most From Human Resource Management Applications
So, you’re transforming HR with a management app. Smart move. Particularly in today’s uncertain and still-evolving business and labor environment, agility, and the ability to recruit and attract the talent you need are of utmost importance. But you do need to optimize your fancy new system. With that in mind, here’s what you should know about getting the most from human resource management (HRM) applications.
What is Human Resource Management?
Essentially, HR management handles organizational elements such as payroll, benefits, performance reviews, etc., all of which can assist human capital management in getting the most from employees.
HR management strives to effectively manage the processes, systems, and policies that allow employees to flourish at work.
How has Human Resource Management Evolved?
HR Resource Management has, by necessity, become more strategic. This means that the human resources department is increasingly involved in developing HR initiatives and helping the organization reach specific goals. For example, if the company’s five-year plan includes growing the marketing division, then HR may aim to add 2 new marketers annually.
Another area of focus is data and analytics, on which organizations are increasingly dependent when it comes to making decisions. Coming off the labor force upheaval caused by COVID-19, this is no time for guessing. So, for instance, if the organization offers employee training, HR will examine the actionable findings to, where necessary, make changes.
What About HR Stakeholders?
An HR digital transformation also means acknowledging the interests of stakeholders – not just employees. Other stakeholders can include, for instance, customers, partners, government agencies, and investors. HR must be certain that its strategy lines up with their needs as well.
HR management must also expand its view to outside its department. That is, it must be intertwined with every area of its organization’s business, including finance and operations.
By getting in front in terms of acknowledging stakeholder needs and working with other organizational departments, the company can save a lot of time and expense in recruitment and other HR functions. A proactive approach can also foster the development of ways the organization can slash the time it takes to meet performance goals.
Human Resource Management and Technology
As you know, your old manual system is now obsolete, and could result in missed opportunities and missteps. HR must be stream-lined using contemporary tools so that you can save time, heighten productivity, and better support stakeholders.
The benefits of HR transformation, which is based on automation, include:
- More security. There is an assortment of available HR management tools that can provide improved security in terms of employee data protection. You don’t want employees or executives worried about unauthorized people gaining access to employee data.
- Centralized data. You can toss those bulky personnel filing cabinets since your new software solution enables HR to access employee info anytime and from anywhere. In turn, this increases productivity.
- More data management. It’s imperative that you’re able to monitor, track, and analyze data that’s specific to employees. An HR transformation will allow you to do this as well as compare year-to-year data, which is accurate because it’s automated.
- Better employee experience. Employees can gain more control through tools such as self-serve document systems and learning management systems since they can access info sans reliance on others. And as we know, a great employee experience is key to recruitment and retention.
Optimizing Your HR Management Apps
The fact is that 75 percent of companies still aim to provide their employees with a fully digital experience. Most HR functions remain in the early stages of business digitalization, which keeps human resources from making a true contribution to the organization’s overall success.
It’s clear that data analytics and digital adoption are vital. But what you need is help to define your strategy and implement it, and an assessment of how cloud-ready you are. You also need assistance with technology vendor selection.
The leading HR consultant Mercer, for example, provides an HR Accelerator – a digital development tool – to allow you to create a roadmap for human resources service delivery. It also provides transformation insights that unlock the employee experience, benchmark HR digital, and help you with the shift to target-interaction models.
The bottom line is that if your want to get the most from your human resource management app – and why go through all the time and expense if you don’t? – you need a consultant that has deep knowledge of such systems. We recommend Mercer.