Many of the top companies and executives of the business world know that employees are a crucial component of an organization's success. When we have great employees who have great experiences and grow in their roles, your business will also benefit as well.
That's why many companies today focus on employee growth. While it's the job of employees to seek out ways to grow, companies have agency over the process of facilitating that growth. You do this by empowering staff to do their best and grow in their careers and roles.
How HR Software Can Help
Most organizations that succeed in this effort use certain HR software to facilitate growth and development opportunities. That's why HR software is important in an organization and why any business or company should have access to it.
How does HR Software help with employee growth? Here are five of the most prevalent ways:
1. Employee autonomy
Top employees grow when they're given the space to explore and strategize independently. Gone are the days when we want teams to operate like robots and do what they're told. In this highly agile environment, adaptability and initiative matter more.
One of the many benefits of using HR software is that it allows for that autonomy. You can use HR tools to plot goals and objectives and let your employees brainstorm and strategize on how they will achieve those goals. The leader's job is to provide a clear direction and the tools necessary to make that happen. With HR software, you can track those goals, note milestones, and provide feedback where needed so your team can work towards certain goals with more independence.
2. Better decision-making
HR software uses all sorts of automation to eliminate time-consuming and head space-occupying tasks. That's why 44% of talent managers use HR software to improve productivity and efficiency— because it allows employees to spend less time on administrative activities and more time on decision-making and results.
It's like how finance professionals might use the top budgeting software to remove menial tasks like data entry, follow-up, and budgeting computation so they can look for ways to streamline expenses and maximize profits. Human resource teams and managers can use HR tools to delegate tasks more effectively and spend more time on decisions and approvals.
3. Improve people management
Human resource development tools can help you track and analyze team performance data to help you determine coaching and training points. With more informed people management comes more effective programs to increase employee productivity and happiness.
One example is how tools like BambooHR can track employee happiness through pulse surveys and net promoter scores. This provides HR professionals with insight into what makes their teams happy and what's driving frustration in their roles or workflows. Many other BambooHR alternatives in the HR software market provide this service and others that help with people management.
HR software provides managers and HR teams with more concrete ways to measure employee engagement. Armed with this information, they can make adjustments that will improve engagement and happiness, positively impacting their output and contributing to bottom-line growth.
4. Reskilling and upskilling employees
Part of employee growth facilitation is determining and providing reskilling and upskilling opportunities for your employees. Doing so promotes career progression, significantly affecting a company's overall performance. When employees grow and improve skill-wise, the company benefits directly.
Take, for instance, how an upskill in your marketing department could bring better results to your organization's marketing efforts, helping your marketing team learn and implement new ways to generate more awareness for your brand and sales to your business.
Also, consider how customer service teams could access skills upgrade training programs to improve communication, empathy, and so on. Businesses could use features of HR systems to gather data points to determine training opportunities and then host a learning management system for their teams to learn on-demand.
When individual performers grow within your organization, your company will inadvertently grow as well. And if one would argue whether the risk of investing in an employee that could potentially leave an organization is worth it, think about the risk of retaining one that doesn't grow. Moreover, a growing employee is a happy employee. With that, the likelihood of turnover could drop significantly.
Misalignment has grown more prevalent, especially as remote and hybrid work arrangements abound in the new normal. Employees easily feel disconnected from a company's mission and goals over time. But having HR software to facilitate alignment helps massively.
Tools like human resource information and resource alignment systems help define, refine, and enhance employee development and productivity. It also sets strategic reminders to employees to help them know how their roles contribute to the whole.
74% of companies plan to increase spending on HR software in the coming year, showing that the trend for human resource development now is towards technology and innovation. So, if you haven't started using HR software, now is the time to begin. Don't wait until your company gets left behind.