Improving HR Processes with Innovative Technology
HR tech is a disruptive force that is changing the current human resources (HR) processes for the better. The introduction of this technology, including different forms of hardware and software, has led to a greater level of efficiency and accuracy experienced by many HR professionals. In fact, 75% of HR professionals report that this technology improves the recruitment process for candidates. 82% of businesses as a whole consider HR tech to be a critical component of their success, due largely in part to the improvements it creates for the employee experience.
As time goes on, HR tech continues to become more advanced. One of the most prominent software is applicant tracking systems. This software is most useful during the recruitment and hiring process for candidates and monitors both their reported information and their current stage in the hiring process. 97.4% of Fortune 500 companies rely on an ATS for these purposes. There is also performance management software that can track employee goals, performance, and objectives. This software can result in a 25% rise in business productivity, an 80% increase in recruiting efficiency, and a 50% decrease in attrition rates. Many other forms of HR tech prove to be extremely helpful to companies beyond these softwares making HR Tech PR Agencies vital.
Source: Talent Tech PR