Private and multinational companies use data analysis in various functional areas pertaining to sales, marketing, and finance. But its incorporation into modernHR practices is no less than an emerging reality.
Analytics in HR is a driving force to evaluate team performances and prevent unpredictable mishaps. It has enough scope to serve evolving workforce experiences, hybrid working styles, and cultural norms.
Consider a few pointers surrounding data analytics and its growing relevance in thehr management system below. Establish a holistic understanding of how employee data shapes a company culture with digitally transforming purposes.
Organisations estimate their turnover rates for better manpower planning. They set goals and work diligently to achieve the same. Though, it’s a nearly impossible task without studying current and previous attrition data.
With data analytics, it’s pretty easy for HR persons to useHRMS systems. They check early, timely, and acceptable turnover reasons there.
For example, an employee departing from the organisation after 3-4 years to pursue higher studies is an acceptable situation. Whereas an employee leaving the firm after 8-9 months for a better offer is early turnover.
Companies and human resource persons must avoid such situations to manage their hiring and recruitment effectively. That’s when data analytics in these social sectors become more valuable.
HR persons now improve theirHR practices for retaining their employees continuously. They regularly check predictable analysis of these systems.
After a careful study, they can reform their retention practices, ensuring high-performers find better opportunities in their firms.
You can trust analytical data reports to attend to the underlying issues in your team. It comes from the social intranet engagement boosted within the team.
If there is a dip, you will know. However, if people are engaging more, even then, the report gives you a clear picture.
Ultimately, using data analytics inHR practices is a must to control the level of employee engagement. It’s an emerging concept altogether, along with the infusion of data analytics in the social sector.
Both are equally important. With employee engagement, there is a consistent impact on their perception of company culture and values.
Engaging employees can turn out to be loyalists and brand ambassadors. They always have something better and revolutionary to talk about the firm.
YourHRMS systems need these employees. They believe in honest opinions and engagements; they can reform how your teams communicate. With data analytics, you’re aware of who engages more in the network.
You can plan to elevate certain employees’ engagement levels with reformed team-building activities later. Applying data analytics toHRMS software solutions is a very innovative idea to improve and break employee engagement records.
You start paying appropriate attention to your staff’s welfare and mental well-being when data analytics comes into the picture. The reports integrate data from their daily attendance, and punch in or out hours.
InnovativeuKnowvavirtual biometric also provides happiness metre. Employees choose their mood while logging in or out. Analysis drawn from there help HRs establish a factual framework of their staff’s well-being.
They know if anyone works too hard or less. They can appropriately arrange detailed conversations for these employees to know what’s bothering them. If such matters are handled on time,HR practices show fruitful manpower planning and management results.
Data analytics brings seriousness to the social sector ofHR practices. It gives enough insights on strict and sincere performances delivered by employees. HRs and CHROs can reward and recognise their staff on time using human resource systems.
That’s an essential practice for employers to keep their staff engaged and satisfied. The modern workforce, particularly millennials and Gen-Z, has a knack for getting rewarded for their efforts on time.
They work better when they know their organisations love their input. It boosts their self-confidence too. Therefore, data analytics remains helpful for improvingHR management systems to nurture the top performers within defined timelines.
This can be a linking point when you understand the concept of the previous one. With data analytics, surely you get your staff’s performance reports on time. With those, though, you know who outperforms and who does not.
This way, you can allocate more demanding and interesting projects to the one who values timeline and follows a discipline. It saves your time and company’s cost in delivering tougher and more worthwhile projects to their clients.
You also know whom you need to train more beforeassigning challenging roles or KPIs. This way, you don’t stress either as a manager to allocate the right manpower at the right time.
The system generated reports already assist your HR practices enough. This way, you can build better rapport with end-users, clients, and your staff. Because you will be focusing on nurturing the right employee with sincere efforts.
The HR management system is valuable to HR persons with an infusion of data analytics. It is more so because it shows which employee is more dedicated and disciplined for their job roles. That can be through different deciding factors. Some are:
Such answers are necessary for understanding whether your workforce is involved in their job roles sincerely. If not, take corrective measures like digitally transforming team communications towards relevant value-adding collaborations.
“HR practices” is an interesting topic to study and talk about. Its dynamics keep shifting, as does the employee management/engagement trend. Currently, data analytics is becoming a core part of managing and empowering your employees at a firm.
Through this blog, you acknowledge how modernHR management systems shape company culture and employee experience.
Learn more about modernuKnowva HR software solutions.
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HR roles and duties are changing daily with digital transformation and its avenues opening up new opportunities to manage a workforce. The strategic development reinforces the HR process and its maturity.
For the same reason,HR digital transformation is bringing new development to business organisations every day. HR persons no longer just hire or fire employees who do not fit into the company.
They are becoming a strategic partner for a robust alliance with the CEO or founding members. However, it pays off for a new HR to know the radical benefits of HR digital transformation.
Read them as you get your hands on the latest HRMS tools like uKnowva for added advantages like never before.
One of the topmost advantages ofHR digitisation is to retain your high-scoring employees.
Do that by checking/auditing their reports on time without hovering over their workstations. You don’t need to talk to them every hour for work reports.
They can enter their To-Do list on theuKnowva PMS software for reporting managers to check and audit.
Later, they use this data to reward and recognise sincere employees on time. That’s one sharp way to promise them the value they deserve in the firm.
HR digital transformation brings more clarity to goals and their accomplishment. Employees can check their KPIs and their weights on the system. It could be on any day. So, the risk of ambiguity or non-clarity is eliminated between teams.
They connect on the chat process or messenger for quick conversations. That is also applicable to remote employees. Thus, there is no acceptance of any excuse for not understanding the importance of common goals.
With that in practice, every conversation is purposeful and bound to be goal-oriented.
The talent management process is never easy in today’s time.
TheuKnowva recruitment engine and performance management system are manageable to greater levels. HR managers now know if they are hiring, recruiting, or staffing right. They check their hired talent’s scorecards any time using these tools.
Thus, most of their daily decision-making skills and strategies are becoming more accurate.
It means they get to work with more trusted and reliable change-makers in the organisation to push forward the company’s strategic benchmarks.
Which is effective in its entirety because without the right people, it’s hard for any organisation to sustain and operate profitably.
HR digital transformation is reshaping and sharpening company culture beyond standard imaginations.
HR persons are not considering people as mere company assets. People analytics and operations departments are actually, for once, focusing on the “human” factor.
That means there is more focus on knowingthe whys andhows of their talent’s behaviour. Then, HR people reward and recognise talented employees’ contributions on time. This is a practice that even co-founders follow to boost confidence in their employees.
Employees ' satisfaction levels are higher when they work for a better future in their organisation. They want to achieve more if they are rightly rewarded for their efforts – on time!
Not every task can be carried out simultaneously by HR persons. But every task has a weightage when working in the company. Thus, HR digitisation helps automate tasks that matter, even if these are time-consuming or too boring to execute without flaws.
With that assistance from the uKnowva HRMS, HR managers can focus on more critical employee management/development tasks. The tool ends up saving 1000+ hours for HR teams every year or quarter, depending on the number of members in a team.
It is a cost-effective and pocket-saving avenue to consider when implanting the digital transformation of people management at your firm.
The moderntalent management process does not require you to sit over your employee’s head, figuratively. Trust your employees for them to work effectively and better than their expectations. Build a rapport with your fellow teammates.
That’s the perk global HR digital transformation brings forward. HR executives or even team leaders mustn’t indulge in micromanagement anymore. They have the PMS or performance management system.
They can audit or overview their staff’s performance from there. Accordingly, they participate in strategic decisions based on the data collected there. They no longer have to disrupt or intervene in their employees’ workflow.
Employees work without ill at ease when there is a centralised HR help desk in the system. They reach out to concerned HR people to solve their HR-related issues. The response time on the system is fast.
Admins can also use automated chatbots and fill them up with NLP algorithms and language processing skills. This way, without the active participation of HR persons, employees’ queries still get resolved on time.
That’s one of the most reliable and enthusiastic perks ofHR digital transformation. That’s because now HRs hire employees from any corner of the world and life. Employees need assistance, especially when they are new to the company.
Not every HR person or personnel is free at that moment. But workflow must not be delayed. Automated help desks and chatbots solve that problem. Admins and software developers feed the chatbot with the most common FAQs and their responses.
This practice also increases employee engagement with the tool.
To date, the best add-on ofHR digitisation is letting employees chat, talk, or come forward with new ideas, suggestions, or POVs. With that, each employee knows they’re heard at any given time.
This practice increases their self-esteem and confidence. They know how to value an organisation’s time and efforts. Thus, they indulge in giving out better ideas and workable solutions to complex business problems.
They experience an unexpected surge of engagement with their job roles as well.
It is most likely to happen when they work from offshore locations but interact with teammates having an utterly different experience.
Sometimes, such interactions bring culture shocks to people. Overall, experience is overwhelming but needed for a diversified workplace environment and to open their mindsets.
Another importantbenefit of HR digital transformation is people analytics. It helps HR persons keep a watchful eye on their staff’s well-being. It’s becoming the need of the hour for multiple reasons, pandemic and lockdown scenarios being the primary.
Next, when employees are working alone, they should not turn into information silos. Rather, they must be happy and joyful to turn up to work.
For that, HRs have to keep an eye on it. Without their proactive take on their people’s well-being, it’s impossible to nurture them accurately.
The uKnowva HRMS helps access analytics to verify if the talent working for you is happy at this moment.
Watch over the benefits of modern HR digital transformation listed above. These could be similar to your organisation’s culture if you implant uKnowva HRMS solutions from today.
Your HR persons start to save at least 100-1000 working hours every year. That’s what a firm needs to create a major impact in the market to hire and nurture right.
Contact us today!
With the ongoing CoronaVirus pandemic, the world has seen a huge paradigm shift in every possible sector of life and the business world has been no exception! As organisations predominantly shift online, keeping the Work-From-Home spirit of the employees raises new challenges, leaving the companys’ Human Resources Department to do all the heavy lifting.
uKnowva, a cloud-based HRMS software, identified that when it launched its innovative, groundbreaking and extremely customizable software that understands the different needs each business has as it caters to over 450 different organisations!
Having seen the numerous responsibilities an organisation’s HR has to juggle between, like negotiating between hiring, onboarding, scheduling, perks, and compliance etc, uKnowva is poised to make its HRMS software a one-stop solution for all HR related activities, making the organisation run more seamlessly and transparently!
Most firms throughout the world are now making the shift and adapting to such software-based solutions for operations since the turn of the century and technological growth, and almost all businesses operating throughout the world are on the hunt for instruments that will cater to the benefits of the industry's procedure. While there might be many HRMS softwares in the market, uKnowva’s easy and accessible user interface makes it one of the best choices for any business to increase efficiency while also improving the employee experience.
The software can also be downloaded as a mobile application, making it much more accessible than most of the other HRMS softwares.
uKnowva is one of the top HR management platforms on the market today, bagging “Entrepreneurial Company of the Year” Award in the AI in Talent Technologies Industry by Frost & Sullivan for its excellent operational functional capabilities and dependable module-based architecture that integrates a variety of application-specific dedicated process modules.
Employee database management:
One of the most notable features of the uKnowva HRMS platform is the ability to perform efficient attendance monitoring, time management, and dedicated leave management, which is enabled by the well-defined ESS system which allows employees to take greater control of their leave and attendance management.
Not only that, uKnowva, in collaboration with Barrier Break, a Digital Accessibility Consulting firm, has made its software easily accessible to people with special needs to improve their workplace operational efficiencies.
uKnowva also has one of the top HR & Payroll software solutions for accurate pay calculations, employee statutory deductions, and employer contributions.
Since giving suitable remuneration for each month, week, or day will be one of the components that will contribute to employee happiness and indirectly affect a company's performance and functioning.
With uKnowva, you'll be able to automatically produce payroll depending on each employee's attendance.
Furthermore, each employee's fundamental salary data can be defined, and the auto-generated payslips will be based on these, as well as each employee's attendance.
Here every process, from TDS calculation to bonus calculation, is automated and updated by government policies. These on-time payments keep the employees more motivated towards their work!
Transparent communication between employees and managers:
uKnowva also creates a transparent mode of communication where employees can request permissions from their managers or the HR department using the specific approval management module.
These could include leave requests, reimbursement requests, equipment requests, salary raise requests, and any other internal components of the company's operations.
uKnowva also understands that every business has its own set of procedures, and hiring is no exception.
That method may also alter depending on the roles you're recruiting for, the size and kind of your company, and your hiring budget.
The more diverse your requirements, the more adaptable your recruiting module must be, with features ranging from screening prospects and applications to managing specialised pre-interview checks, assessment phases, and even full-fledged assessment centres.
Using uKnowva recruiting engine, organisations can automate the entire employment process. Manage job ads and applications with ease and recruit the right employees who have the necessary expertise.
Moreover, uKnowva offers a unique feature of an interactive intra-organizational social intranetplatform which allows employees to interact with other employees in the organisation where they can make announcements, chat informally, share work assignments, and much more! Here employee engagement, performance management, addressing questions, and much more may all be streamlined with the help of a virtual assistant and chatbots which are always present to assist. This extremely secure and easy way of communication makes work more interactive and less monotonous, giving a more personalised touch to your everyday office activities, building a sense of community.
These are the most important aspects of the uKnowva HR Process through automation and innovation, but they aren't the only ones that make it the best HR management tool on the market today.
Furthermore, the uKnowva platform will lead the path and give specific tools for the comprehensive management of personnel management operations, thanks to its exceptional capability of defining any type of HR operations, making the business move into the workspaces of the future!
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