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.