National, 20th September 2024 – Genius Consultants Limited, a leading Workforce Solutions & HR Services Provider has released its latest Digipoll survey report, underscoring the pivotal role Human Resource Management Systems (HRMS) play in enhancing organizational efficiency in today’s technology-driven era. The comprehensive survey provides insightful data on employee perspectives regarding HRMS, advanced analytics, and the future of HR operations.
The survey reveals that a remarkable 88% of employees believe HRMS platforms are essential for streamlining and improving the efficiency of HR operations within organizations. This overwhelming consensus highlights the growing recognition of HRMS as a cornerstone of modern HR practices, with only 7% opposing the practice. The widespread acceptance reflects a collective understanding that HRMS platforms are essential for streamlining processes, managing talent more effectively, and adapting to the evolving demands of today’s workforce. It marks a clear indication that integrating advanced HR technologies is becoming a standard practice for forward-thinking organizations.
In an era where data-driven decisions are crucial, the survey found that 75% of employees view the integration of HR analytics as a vital component for informed talent management strategies. This indicates a strong belief in the power of analytics to drive more effective decision-making processes. Only 17% of employees hold a different view suggesting that traditional methods should take precedence over data-driven strategies, expressing concerns about the implementation or interpretation of analytics in HR.
Employee engagement and retention are also significant areas of focus. The survey shows that 75% of employees are confident that incorporating advanced analytics into HR processes will substantially boost engagement and retention rates. In today’s time, employee engagement plays a huge role in employee retention parameters, as the current generation views the office culture, adaptable work environment and interactive openness in organizations as much more valuable than basic pay scale. Despite this, 14% of respondents do not agree with the same possibly due to concerns about the accuracy or relevance of the data, the potential for misuse, or a preference for more traditional HR approaches.
Regarding the support for remote and hybrid workforces, 70% of employees feel that their organization’s current HRMS adequately meets the needs of such flexible work arrangements. However, 22% of employees feel that current systems fall short in this aspect, pointing to a potential area for improvement. This significant minority highlights a potential gap in the system’s capabilities or its adaptability to the changing work environment.
Predictive analytics is another key area of interest. The report indicates that 75% of employees find predictive analytics a valuable tool for anticipating workforce trends and needs. However, the report also notes that 18% of employees are not convinced of the utility of predictive analytics showcasing reservations about the accuracy or reliability of predictive models, or the practical application of the predictions in real-world scenarios.
Commenting on the same, Mr. R P Yadav, Chairman & Managing Director, Genius Consultants Limited, said, “Our latest survey underscores a critical shift in the role of Human Resource Management Systems in today’s technology-driven landscape. With 88% of employees recognizing the importance of HRMS platforms for operational efficiency, and 75% supporting the use of advanced analytics to enhance talent management, it’s clear that organizations must embrace these tools to stay competitive. As we navigate an increasingly remote and hybrid work environment, the insights from this survey highlight both the opportunities and challenges that lie ahead. We are committed to supporting businesses as they adapt to these changes and harness the full potential of HR technology to drive future success.”
The survey also sheds light on future implications of HRMS advancements. It reveals that 68% of employees believe that with the evolution of HRMS technologies, there might be a decline in manual operations, potentially leading to job cuts and layoffs. Conversely, 18% of employees do not anticipate such outcomes.
