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What is HR Tech?

HR Tech - Meaning and Definition

HR-Tech is Human Resources Technology. This is an important term in the HR department, which is software and hardware responsible for automating different functions performed by HR. The processes and methods that used to be time-consuming have been converted into a fast-working system with the help of HR Tech, which automates and digitalizes the functions. HR Tech has reduced the workload and burden on the shoulders of the HR department. This is one of the cutting-edge technologies that has enabled the working in a quick and smooth method.

Criteria to be fulfilled by the HR leaders for the use of :

  • Refreshing and broadening the knowledge about the same
  • Essential collaboration with the department of IT
  • Updating the policies that are about the tech-related matters
  • Making the employees and workers adaptable to the new tech-related method

Verticals of HR Tech

Recruitment :

Software for sourcing and hiring candidates.

Posting jobs through job board integration with the system.
Examples: Applicant Tracking Systems (ATS)
Employee Onboarding:

Solutions for integrating new hires into the organization.
Examples: Onboarding software, digital forms, and training modules.
Payroll and Benefits Administration:

Tools for managing employee compensation, benefits, and tax compliance.
Examples: Payroll software, benefits management systems, Compensation and Incentives Planning Software.
Performance Management:

Systems for evaluating and improving employee performance by setting their objectives and establishing transparency.
Examples: Performance appraisal tools, 360-degree feedback systems.
Learning and Development:

Platforms for employee training and professional development.
Examples: Learning Management Systems (LMS), e-learning platforms.
Employee Engagement:

Tools for measuring and enhancing employee satisfaction and involvement.
Examples: Employee survey tools, engagement platforms, Internal Communication Software.
Workforce Management:

Solutions for managing employee schedules, attendance, and leave.
Examples: Time and attendance software, shift scheduling tools.
HR Analytics and Reporting:

Tools for collecting, analyzing, and reporting employee data.
Examples: HR analytics platforms, Intuitive dashboards.
Payroll and Statutory Compliances:

Systems for ensuring HR processes cohere to legal and regulatory requirements with all necessary
Examples: Payroll with all necessary compliances

Employee Wellness:

Platforms promoting physical, mental, and financial well-being of employees.
Examples: Wellness programs, health tracking apps.

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