Group 10 HRM Project
Group 10 HRM Project
TECHNOLOGY
IN
HUMAN RESOURCE MANAGEMENT
A PROJECT REPORT
GROUP – 10
INTRODUCTION
“The HR professionals should remember that employees are the lifeblood of any company. If we create a
great workplace experience for them, they’ll pay you back one hundred-fold in feedback and productivity”,
Craig Bryant.
Many researchers have been undertaken in the past to study the changing role of the HR function. HR is no
longer now restricted to the procurement of manpower. The HR professional is the rather involved incomplete
transformation of HR processes with the use of the latest technology. The use of IT in HR is likely to reduce
cost, improve service, and achieve effectiveness. Keeping these facts in mind, the present study has been
undertaken.
Secondary data has been used for the present study. The secondary data has been collected from different
published materials and the world-wide-web. The study has been made to examine the IT tools used for HR
Planning, Communication and Engagement, Maintenance and Development.
The study is of great significance to business organizations as it highlights the various technological tools
applied by HR professionals from time to time, the changing role of HR and the likely impact of technology
on HR.
To achieve the above objectives, the study mainly concentrates on the Role of Technology in HR.
The application of information technology can make value-addition and raise the status of HR professionals
as a whole. Technological advancement has been the driving force for creating new roles for the HR function
to improve their business competence.
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KEY INSIGHTS
TECHNOLOGICAL TOOLS USED BY HR PROFESSIONALS
Procurement
Technology Tools Use of Technology
Employee Development
Technology Tools Use of Technology
Compensation
Technology Tools Use of Technology
Payroll, e-compensation, The IT tools on compensation management
Compensation settlements company and the employees to discuss the
Flexi-reward Packages compensation plans. The company can determine
Facilities/ the cost to company (CTC) for the compensation
benefits Administration. plan awarded to employee and employee can also
determine the pay he will get in hand.
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We have first dissected the role of an HR professional into three primary components:
Staffing and Recruiting, Monitoring of Employee and managing overall Organisational development and
found out how technology has impacted each role.
In the process of Staffing and Recruitment, technology lowers cost and saves time, thus making the process of
hiring much more flexible.
With the use of machine learning and AI based targeted reaches, the correct candidate is chosen. Video-
conferencing helps and speeds up the productivity of the recruitment process too.
In the process of Employee training, monitoring and evaluation, Internet Technology allows us to maintain a
database of all the information of each candidate starting from hire date to absent leaves.
Skills, competencies, jobs held, training and employee development interests can be used by managers to
develop better opportunities for employees.
Technology ensures that the appropriate employees are offered positions that will enhance their skills. This
information will help HR professionals to provide more targeted advice and counsel to managers.
The digitized HR function will provide employees highly individual service through personal virtual
assistance, utilizing continuous technology modernization and highly interchangeable technology architecture.
This will require changes to:
• the perception of constantly evolving platforms
• the consumption and implementation models
• the internal skills needed to build and integrate AI solutions.
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BIBLIOGRAPHY
• www.shrm.org/foundation Accessed on 01-03-2021
• Mishra, Alok & Akman, Ibrahim. (2010). Information Technology in Human Resource Management:
An Empirical Assessment. Public personnel management. 39. 271-290.
• Stone, Dianna & Deadrick, Diana & Lukaszewski, Kimberly & Johnson, Richard. (2015). The influence
of technology on the future of Human Resource Management. Human Resource Management
Review.
• Tanya Bondarouk & Chris Brewster (2016) Conceptualising the future of HRM and technology
research, The International Journal of Human Resource Management, 27:21, 2652-2671.