GeneralHr Library

Value creation through HRMS (Human Resource management system)

Source | LinkedIn : By Ankur Sehgal

We are in an interesting Digital Era:

1 in every 5 minutes is spent on work-related apps
85% of time spent on  mobile is on app
520 million smart phone users by 2020
500 million working population by 2020
702 million internet users by 2020

80% of the companies are adopting Saas(Software as a service- Cloud) in HR
30% of increase in mobile apps in past year
2X increase in employee satisfaction through mobile
25% of the organizations are looking for mobile enablement
Advantage India-65% of population is under age of 35


Source- 
Nasscom, Techcrunch, Statisca,EY,Gartner,Peoplematters,Sierra Cedar,IMA report


User Experience has surely led the way we experience work with fun.

The Business dynamics is changing as ever and a lot of focus is on primarily 4 levers:

Predictability- How can a system(e.g- HRMS) help an organization in building 
predictability across the candidate or employee lifecycle value chain, resulting 
in insightful analytics which help in apt decision making impacting the business.

Scalability- Business goes through troughs and crests. Can a HRMS help manage
this scale both upstream and downstream and be a true value creator?

Governance- With Info-security guideliness being prime, data security and 
confidentiality becomes most important. Can a HRMS capture all the Audit trails
and give meaningful insights as and when needes.

Stakeholder Experience- User is the chooser- Experience is key! Hence it is at the core. And DIY-
Do it yourself platforms are the ones in demand.

Lets look at how does a HRMS help in creating value to the business across Candidate and Employee life-cycle.

Recruitment- Organizations look for nothing but hiring “The best talent”

If we break the Recruitment life-cycle and see the Value impact that a Integrated HRMS can bring by managing a Candidate life-cycle well, it will look something like this:

Similarly, across the Employee life-cycle, the following will emerge:

On boarding- An unforgettable Day-1 experience ensuring higher candidate experience scores for the organization. Allowing the candidate to download the on-boarding pass. Pre-joining document completion ensuring: 100% compliance and making an employee productive on day-1. Anytime, anywhere access. In my experience, highly engaged new-joiners result in 25% less attrition.

Read On….

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