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Technological Applications for HR

Technological Applications for HR

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Technology has the capacity to transform the way in which HR is delivered to an authority. Together with the exponential rise in the use of technology in the corporate field, it now plays a vital role in effective people management. The range of HR delivery options is vast in scope and so it is common for authorities to combine them to maximize their HR abilities.

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Page 1: Technological Applications for HR

Technological Applications for HR

Page 2: Technological Applications for HR

CONTENTS

PARTICULARS PAGE

Introduction …………………………………………………………………………………………………………..…1

Importance of HR Technology ………….………………………………………………………………………2

Top HR Technologies ……………………………….………………………………………………………………3

HR in Bangladesh ……………………………………….…………………………………………………..…………6

Conclusion…………………………………………………………………………………………………………………7

Page 3: Technological Applications for HR

Introduction:

As an enabling tool, technology has the capacity to transform the way in which HR is delivered

to an authority. Together with the exponential rise in the use of technology in the corporate field,

it now plays a vital role in effective people management. The range of HR delivery options is

vast in scope and so it is common for authorities to combine them to maximize their HR abilities.

These delivery options include:

Outsourcing

In sourcing

Employee relationship management technology

ASPs (Application Service Provision) and ERP (Enterprise Resource Planning) platforms

Interactive voice recognition

More commonly companies are looking to ERP and other systems, to enable their change of

delivery systems for both HR and wider company services.

IT is being leveraged by HR to benefit almost every aspect of its day-to-day operations. With HR

technology constantly improving and costs continuing to decline in many instances, it is

inevitable that implementation of these applications will continue to rise.

Page 4: Technological Applications for HR

Importance of HR Technology:

The Society for Human Resource Management’s new HR Technology Survey highlights the

following key findings for the industry:

Expanded use of the web for delivery and utilization of HR applications on a service

basis.

The majority of HR professionals surveyed said their organization did not have an

employee self-service component built into its HR technology system.

This is likely to change according to HR technology experts, however, as Internet-based

self-service applications are improved and are better integrated into other work processes.

Most organizations are not measuring the ROI for HR technology systems, and thus some

are finding making the case for HR technology problematic.

Significant growth in the use of e-learning.

Heightened awareness of HR data privacy – an increasingly important issue given the rise

of identity theft using employee information.

Increasing outsourcing of human resource information technology systems

Increasing transition to paperless payroll.

Page 5: Technological Applications for HR

Top HR Technologies:

The technologies making the biggest impact in the HR market at present are:

1. Employee self service is a web-based application that provides employees with access to

their personal records and their payroll details. The most common features of ESS allow

employees to change their own address, contact details and next of kin. Often included

with ESS is the ability for employees to apply for leave and have that application directed

to the employee’s manager for consideration. Some applications enable employees to

change their bank account details and provide details of pay slips, both current and

historical.

2. A workflow technology is a new field of software products designed to improve the

design of information systems. It involves use of workflow engine to execute models of

processes. The models can be edited by persons not experienced in programming (e.g.

managers) using workflow. Workflow maps business processes systematically and helps

prevent some tasks from falling through the crack or lost amongst numerous emails.

3. Vendor management systems is an Internet-enabled, often Web-based application that

acts as a mechanism for business to manage and procure staffing services – temporary,

and, in some cases, permanent placement services – as well as outside contract or

contingent labor. Typical features of a VMS application include order distribution,

consolidated billing and significant enhancements in reporting capability that

outperforms manual systems and processes.

Benefits:

Streamlined requisition approval workflow

Reduced time-to-fill cycle times

Bill rate standardization / management

Optimization of supplier base

Consolidated invoicing

Improved security and asset management

Availability of vendor performance metrics

Visibility and cost control over maverick spend

10-20% reduction in contingent labor spend

4. Applicant Tracking System (ATS) is a software application that enables the electronic

handling of recruitment needs. An ATS can be implemented on an Enterprise or small

Page 6: Technological Applications for HR

business level, depending on the needs of the company. ATS systems are very similar

to Customer Relationship Management Systems, but are designed for recruitment

tracking purposes.

This technology provides a complete and versatile solution for managing recruiting,

hiring and on boarding processes to help you make better hires and realize efficiencies

every step of the way.

Benefits:

Functionality of an ATS is not limited to data mining and collection, ATS applications in

the recruitment industry include the ability automate the Recruitment Process via a

defined workflow.

Another benefit of an applicant tracking system is analyzing and coordinating recruitment

efforts - managing the conceptual structure known as Human Capital

5. Hiring management systems is Organize and manages all employee data, performance,

training and succession planning tasks from one portal.

Benefits:

One software platform for all performance management activities keeps

technology investments cost-effective and controllable

Real-time reporting system: easy performance management for recruiters,

divisions, business units, and more

Align hiring management systems and performance management processes with

strategic business goals

Sensible resource management through Source Effectiveness tools and reports

Configurable, scalable performance management software solution to meet both

current and future hiring and performance needs.

6. E-recruitment software is referred to as Internet recruiting is the use of the internet for

attracting, hiring and retaining job seekers. This involves matching candidates and

validating their skills and qualifications. As the number of people searching online for

jobs increases, companies are taking advantage of e-Recruiting software to manage the

entire recruitment process and reduce recruiting-related costs

E-Recruitment utilizes the power of online resume search technology to parse resume

databases and help recruiters and human resource personnel actively search for

candidates on a global scale. Though E-Recruitment initially began as a simple method

for finding talent online, it has evolved to incorporate all aspects of candidate

management.

Page 7: Technological Applications for HR

7. Internal mobility software is a web-based mobile cloud computing business solution,

leveraging the Internet infrastructure to deliver software as a service to business. It

consists of a collection of online interactive business applications. For data

transfer, networks with GPRS and UMTS are connected to the Internet. Mobile

Enterprise depends HSDPA and HSUPA technology. Like mobile messaging

technologies, such as SMS and E-mail, mobile enterprise supports enterprise mobility.

Benefits:

With the Internal mobility software entire businesses can be moved onto the internet.

Company databases can be remotely accessed and updated from anywhere in the world,

at anytime, with any device equipped with a Web Browser and by anyone with

permission to access the service.

Disadvantage:

The Internal mobility depends entirely on the Internet as its infrastructure. The system

breaks down when a user cannot connect to the Internet. The system does not work in

places where Internet service is not available. The system is disrupted whenever the

Internet suffers a disruption such as when underwater data cables are damaged by

earthquakes.

8. Performance and appraisal management software is automates the process of

reviewing employee performance, setting new objectives and writing individual

development plans. A type of Performance Appraisal solution is 360 degree feedback

software, which manages the process in which an employee completes a self-evaluation

and is also evaluated by his/her manager, peers and direct reports. Performance Appraisal

software is related to 360 Degree Feedback software, Human Resource

software and Workforce Management software.

9. Succession planning software provides insight across company organizational silos and

into the global talent marketplace to power true talent mobility and succession. In a single

view, anyone can systematically evaluate and compare individual experience, skills, and

competencies to select the right person for each role. This software enables to go beyond

simple performance and potential to evaluate risk of loss, compensation, and career

preferences. Now an executive can create, monitor, and develop stronger talent pipelines

for leadership and other critical positions.

Page 8: Technological Applications for HR

10. Personal development software is an example of Word Press software, where employee

can edit this to put information about himself or his site so readers know where s/he is

coming from. Employees can create as many pages like this one or sub-pages as s/he like

and manage all of his/her content inside of Word Press.

More others HR technologies are:

Career planning software.

Package review software.

Executives and key people management software.

Electronic Passport for New Hires

Feedback and Engagement Initiative

HR in Bangladesh:

In Bangladesh, the latest economic downturn demands that any HR initiative prove itself on the

bottom line. Employers are learning that effective use of technology can, as promised,

dramatically reduce costs. Success comes from paying attention to the small things. Getting the

basics right. Those steps may not sound exciting, but when the cumulative effect produces cost-

savings in the hundreds of thousands of taka, people notice.

More firms are installing Internet and computer-based system for improving Hr productivity.

There are many technology used by HR in Bangladesh, like:

E-procurement

Web Portals

Mobile web and wireless net

Internet and network monitoring

Electronic Signature

Internet baser bill payments

Data warehouse and computerized analytical program

Technology makes easier to outsource Hr activities to specialist service provider, by enabling

service providers to have real-time, Internet-based access to the employer’s HR database.

Page 9: Technological Applications for HR

Conclusion

Software is being deployed to manage areas such as internal mobility, appraisal management,

succession planning, package review and personal development. E-recruitment and performance

management software are also helping to dramatically improve HR’s ability to carry out

effective people relationship management (PRM), and improve their organization’s employer

brand. PRM allows organizations to form one-to-one relationships with potential and current

employees, enabling companies to better attract, develop and retain the right people and realize

their full potential. With such solutions, organizations are able to treat their candidates and

employees as they would treat their customers. It also enables them to move away from

subjective people management to objective and efficient people management to the great benefit

of the employee/candidate.