HR tech is one of the most disruptive forces in the HR landscape. This technology includes software and hardware that is used to simplify all processes related to human resources, such as hiring, onboarding, training, and retaining employees. All of these processes help to determine the top talent’s experience at a company, so it is essential that they are as streamlined as possible. This is where HR tech comes in; in fact, 78% of employees believe that this technology has benefited their overall experience. 75% of HR professionals reflect this belief and claim that HR tech improves recruitment processes for talent.
There are many different types of HR software that are available. One of the most impactful is performance management software, which tracks employee goals, performance, and objectives. High-performing HR teams are more likely to use this type of software due to all of its benefits. These benefits include an 80% improvement in recruiting efficiency, a 25% rise in productivity, and a 50% decrease in attrition rates. Applicant tracking systems are also really important to the hiring journey within a business, as this technology helps monitor a candidate from recruitment to hiring. This can reduce time to hire by as much as 93%.
Other systems include candidate relationship management software, which helps to nurture positive relationships with hires. This type of software engages new hires through automated workflows, which can save 250 hours per year for program managers. There are also talent marketplace platforms, where people and opportunities can be matched based on relevant skills and experience. In this non-traditional method of matching talent to companies, the companies apply to top tech talent, instead of the other way around. All of these different softwares can lead to massive improvements in existing HR processes and create an enjoyable employment experience for the hired talent.
Learn more about finding the right HR tech PR agency in the infographic below:
Source: Talent Tech PR
