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Group 10 HRM Project

The document discusses the role of technology in human resource management. It outlines how technological tools are being used in key HR functions like recruitment, employee development, compensation, and decision making. These tools help reduce costs, improve processes, and make HR more effective. The document also examines how technology is impacting different areas of HR like staffing, monitoring employees, and organizational development. It discusses how the future of HR technology will include tools using natural language processing to reduce administrative work and improve the employee experience through personalized assistance.
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0% found this document useful (0 votes)
90 views

Group 10 HRM Project

The document discusses the role of technology in human resource management. It outlines how technological tools are being used in key HR functions like recruitment, employee development, compensation, and decision making. These tools help reduce costs, improve processes, and make HR more effective. The document also examines how technology is impacting different areas of HR like staffing, monitoring employees, and organizational development. It discusses how the future of HR technology will include tools using natural language processing to reduce administrative work and improve the employee experience through personalized assistance.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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GROUP – 10

TECHNOLOGY
IN
HUMAN RESOURCE MANAGEMENT
A PROJECT REPORT

HUMAN RESOURCE MANAGEMENT


TERM – III

DR. SONI AGRAWAL

GROUP – 10

PRITHIRAJ MAHANTA – 20PGDM065


SABUJSREE SIRAJ – 20PGDM134
AVIK BISWAS – 20PGDM009
SHAMIK SENGUPTA – 20PGDM031
SAMYADEEP ROY – 20PGDM029
SOURAV CHOUDHURY – 20PGDM037 1
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.

The study seeks to explore the answers of the following questions:


1. What are the functions performed by the traditional HR Dept.?
2. What changes have taken place in the HR functions due to impact of technology?
3. What are the possible roles of HRIT on the changing HR function?

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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GROUP – 10

KEY INSIGHTS
TECHNOLOGICAL TOOLS USED BY HR PROFESSIONALS

Procurement
Technology Tools Use of Technology

e-recruitment web portals Employers post their positions and qualification.


Social Media Sites like Facebook, LinkedIn Job seekers select their expertise and apply
Induction Packages online.
HR Planning &Forecasting

Employee Development
Technology Tools Use of Technology

e-learning Employees are given necessary inputs for career


Training Need Analysis growth, up-gradation of their skills through e-
Career Development learning and feedback on their performance.
Online Appraisal System (e-performance)

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.

Use of Technological Tools for Decision Making


Technology Tools Use of Technology
Decision Support System (DSS) Technology will help you make quick business
Data warehouse having data mining tools decisions through the IT tools having capability of
Artificial Intelligence (AI) System, summarizing large amount of data with speed and
Online Analytical Process (OLAP) getting useful results
Group Decision Support System (GDSS) Groupware

Employee Relations, Communication and Work Environment


Technology Tools Use of Technology
Communication data sharing, data protection, Creating a Shared information environment allows
knowledge management, Intranet, OD and Team the flow of information from one central point
Development enabling a smooth flow of information- Upward,
downward, horizontally, and outward, quick
communication and better decision-making.

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GROUP – 10

IMPACT OF TECHNOLOGY IN DIFFERENT AREAS OF HR

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 FUTURE OF HR TECHNOLOGY

NLP technology is poised to help human resource teams by:

• Reducing administrative burdens


• Improving employee onboarding
• Increasing employee self-service options
• Providing efficient recruitment experiences

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.

4
GROUP – 10

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.

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