One of the most important resources that a business must take care of is its human resource. The way company leaders and human resource professionals or departments manage their teams will greatly affect the organization’s whole directory. Many HR and management principles are timeless, but their applications have really changed through time.
One of the biggest factors to the evolving practice of human resources and the employee management process is the rise of technology. The digital revolution is changing the way companies operate, penetrating all aspects of business activity, including marketing, sales, customer service, and even human resources.
In this time of technological advancement, what are some ways that HR professionals and executive leadership teams can stay relevant in terms of employee management? Here are some simple practices that any business can implement no matter what shape or size.
Systematize recruitment and onboarding
As companies shift or expand, new employees will be added to the company. Whether to replace employees who have moved on or fill in new roles, recruitment remains an important part of the employee management process. However, recruitment can be very time and energy-consuming. That’s why companies should systematize the recruitment process by putting in processes to semi-automate the new hire pipeline.
Also, studies show that 25% of onboarding programs don’t include any form of training, which can lead to employee confusion or even higher turnover rates. One of the important employee management strategies is to use human resource management software for recruitment. These digital tools will help automate the onboarding process and ensure that all new hires go through some level of onboarding or training.
Set project management systems
Once HR teams hire employees, the next challenge would be learning how to manage staff effectively. This is where project management comes into play. In many small businesses, managers take on a human resource and project management role. Sometimes HR professionals aren’t equipped to do project management. But the good news is that they can now take an online degree in project management and quickly learn the process.
In cases where companies have the capacity to hire project managers, human resources can simply partner with PMs to ensure that ad hoc projects and day-to-day operations continue running. Setting up a project management tool to streamline the supervising process can also significantly improve this process.
Digitize payroll processing
Calculating salaries, bonuses, net pay, tax deductions, and disbursements of salaries to employees can be a tedious matter. It’s also something that happens to have a lot of room for error. When discrepancies in payroll happen, it can cause the company some financial woes and decrease employee happiness if unresolved.
The good news is that workforce management automation services now provide digitized payroll processing that helps streamline pay calculation, payslip creation, payroll disbursement, and reporting. Before deciding on a tool, do some research and find out whether the payroll tool supports banks in your country and what the fees will be.
Provide continuous learning
Another important aspect of employee management that many companies neglect is constant learning. Companies with good management practices will always choose to invest in their staff. There’s an old anecdote where the CFO asked the company CEO, “what happens when we invest in our employees and they leave?” The CEO then responded saying, “what happens when we don’t and they stay?”
When creating learning opportunities for staff, companies have two options— to buy external training programs and disseminate them to staff or create internal programs. Each has its own pros and cons. There are other businesses that also do a hybrid and provide both in-house and MOC-based learning courses for their staff. In any case, getting a learning management system can help your human resource management process. The LMS can also be a helpful tool in onboarding as it allows HR staff to pre-record and provide training and orientation on an on-demand basis.
Apply Robot Processing Automations
All in all, technology has rapidly accelerated mainly because of the increase in the adoption of artificial intelligence into business processes. There are many ways to improve core HR functions with robot processing automation or RPAs. Through robot automation, businesses can blend unstructured and structured HR processes, perform data analysis, and deploy activities that will streamline processes like employee evaluation and assessment, resume screening, employee data management.
There are many ways of managing employees in an organization and all those approaches need a human touch, no doubt. But automating certain administrative processes won’t make HR less personal. In fact, what it does is provide HR professionals or business owners more time to focus on the things only humans can do by automating processes that bots can do for you.
Digital Revolution in Human Resource
The digital revolution is quickly changing the way we think of employee management. 54% of HR professionals don’t see technological innovation as a threat to their jobs or practice. So it’s time that team leaders and managers start thinking of implementing digital innovations in the way we manage our most important business asset— our people.