Human resources (HR) staff can use technology to lighten their workload and improve productivity. An HR tech stack automates or streamlines everything from training to record keeping, and you can build a system that handles everyday tasks effectively and precisely.
An HR tech stack is a combination of digital tools that automate and optimize processes. HR should assess what functions need upgrades and use this integrated system to streamline tasks.
However, you should evaluate what improvements you need to make before doing so. For example, only implement recruiting software if you are actively hiring. It is better to focus on relevant and necessary changes. When a company uses this technology correctly, it can take over many manual processes to increase productivity and efficiency.
These six tools are necessary for your HR tech stack.
1. Attendance Tracking
HR needs to monitor schedules to have accurate payments. Attendance tracking technology removes the possibility of human error and tracks things down to the second. Employees benefit from being able to alter their plans and digitally access their timesheets personally. Their input also helps enforce report accuracy.
Plus, some software collects employee data, so a company can better understand how they are spending time. It exposes inefficient practices so they can make improvements and provides a way to track remote workers to ensure productivity. Software that tracks hours will also positively affect other internal systems like payroll.
2. Payroll and Benefits Management
A company that uses management software can easily confirm the validity of payroll and employee benefits. It tracks what each worker receives and can automatically initiate transactions each pay period. You wouldn’t have to calculate anything since the software works for you. It saves time and ensures transaction accuracy.
Typically, this software also provides workers with access to payment information. For example, they can log in to their automated portal to see how much they’re getting paid and when the money will be in their account. It saves the company time and money because errors can be fixed immediately.
Most things are already digital, so employees also expect this access to a certain degree. Everyone benefits from having a space to access their payment information easily.
3. Digital Recruiting
Companies take a lot of time to recruit new hires manually. Typically, a business must seek new applicants, attract interested candidates and interview multiple people before considering hiring. Recruiting software streamlines this process because it can take over each step.
Companies that put a time limit on finding new hires can’t be sure when people will apply. Automated tracking and assessment software collects data on the number of applicants who interact with the job listing, which can simplify the approach.
It can track interest to see which job posts work better. Beyond that, it can automatically assess people and reach out to them instead of waiting for engagement. Passive candidates comprise 70% of the workforce, so it makes sense to take the initiative. A company can use these tools to make an accurate hiring timeline.
You can also make the interview process digital. Video interviews are becoming more common. In 2021, around 79% of companies regularly used video to interview applicants. It allows you to speak to prospective employees worldwide and is essential for businesses that want to make the process more efficient.
4. Record Maintenance
You must be meticulous when record keeping. You’re responsible for constantly tracking and updating all employee information and should digitize it for better efficiency. Automated administration can take over the collection and maintenance of employee data.
One of the most significant benefits of such software is that it can standardize all related processes. It can categorize sick days, medical leave, vacations and more in one system. Additionally, you and your employees can access this data from anywhere. Workers who want to double-check or change their records can update the digital copy instead of manually altering paperwork.
5. Automated Onboarding
Onboarding is one of the most time-consuming tasks for a company. It must train new hires while keeping track of necessary paperwork and schedules. Training remote workers can be especially challenging since distance is a barrier to prompt communication. You will likely train remote candidates since 74% of professionals believe remote work will become the new normal.
Automated tools streamline the onboarding process. The software can immediately import all necessary paperwork and employee information into existing systems. It trains employees, accurately reflects their progress, and generates goals and schedules that keep them on track. It tracks their data and reports to HR as they continue training.
6. Performance Management
Every employee benefits from reviews and feedback. You can use performance management tools instead of scheduling meetings since they can give workers input and set goals. You can use them to collect data and track progress.
For example, a company could implement an HR chatbot that automatically communicates with employees about their progress. It is useful for achievement tracking and goal setting.
Improve Your HR Tech Stack
An HR tech stack can significantly improve your ability to complete everyday tasks accurately. It frees up your time to focus on the duties you cannot automate. Beyond that, it can give a company a better strategy for interacting with employees and internal systems. Integrated software that makes information accessible will likely improve HR and employees’ work experiences.
