Human Resources Management is a fundamental cornerstone in the strategy of any company, which through a set of techniques, can align the goals of employees and the company to optimise results. 

Improving employee performance and engagement has a direct impact on business results. In the last two years, how we work and relate to each other has changed, and technology has undoubtedly become even more crucial. From information analysis to recruitment, Data Analytics and Artificial Intelligence solutions bring efficiency and productivity to daily Human Resources Management while allowing for more accurate strategies. Knowing the turnover rate, the level of employee happiness or the impact of absenteeism on company costs is fundamental for more efficient management. 

A corporate culture based on people is crucial to achieve good results and differentiate itself in the market. But in practice, how can a Data Analytics and Artificial Intelligence solution make a difference in Human Resources Management? 

Having information about employees centralized and easily available can save time and money when making decisions. Knowing, measuring, and analysing the actions being developed, their impact, areas for improvement, and timely detection of internal problems is increasingly critical for the success and growth of organisations. 

Solutions based on innovative technologies make it possible to automate many of the processes that are so time-consuming for HR teams. With a click, you can obtain dashboards and reports with all the KPIs necessary for more intelligent decisions or make processes such as salary processing more agile and less susceptible to error. 

In addition to increasing productivity levels, using disruptive technological solutions adapted to the real needs of your organisation allows you to set free employees for more strategic and complex tasks.  

Recruitment also benefits from technological solutions. With automated processes, it is possible to accurately profile several candidates, thus helping to find the most qualified and suitable professional for a specific position. 

Nowadays, what are the main challenges of Human Resources Management? 

• Access to faster and more measurable results. 
• Retain the best talent and develop strategies for continuous training and career development.  
• Promote a proximity culture amongst employees.  
• Develop a strategy aligned with the company’s goals that strengthen employees’ productivity and level of commitment.  
• Promote the well-being of HR by listening to their concerns and expectations. 
• Know employee performance metrics. 
• Identify skills gaps and find strategies to reduce and/or eliminate these gaps. 
• Reduce employee turnover through measures that increase employee commitment to the organisation. 
• Reduce employee absenteeism  
• Attract the best talent. Improve candidate assessment and selection  
• Improve hiring processes, making them more intelligent and efficient 

But then, how can Data Analytics and AI solutions help? 

Data Analytics and AI solutions help maintain the company culture and proximity between employees, providing in-depth knowledge about their needs and expectations. In addition, they enable you to recruit and manage talent and meet the challenges that the hybrid working model imposes. 

More agility and efficiency for Human Resources: 

• Transforming data into useful information for decision-making with quick access to multiple KPIs such as turnover rate, payroll and absenteeism rate 
• Higher knowledge of the level of employee engagement, evaluation processes, skills profiling and training needs 
• Key insights for essential alignment with the organisation’s overall strategy with dashboards that give a unique, accurate and simplified view of the workforce  
• More intelligent and effective hiring processes, managing to employ people with the required profile  
• Tasks and processes automation, reducing errors and costs and allowing more creative and strategic tasks to be carried out.