COVID-19 has badly disrupted Human Capital Management. The way organizations manage their employees has changed significantly during this pandemic and has called upon a complete restructuring of the way organizations take care of their human capital. To adjust to this new pandemic situation, employers need to make changes in their HCM initiatives across the globe. Despite all the current issues, all those who have adopted a well-maintained HCM solution, their workforces work effectively & efficiently and the employers can keep an eye on them very closely.
In Coronavirus pandemic shutdowns, roles, duties, and (JDs) Job descriptions of employees are shifted rapidly. However, with continued uncertainty and global lockdowns, HR professionals are forced to hiring and firing aggressively in their respective organizations.
As business marches on and companies make some adjustments, employers are setting up onboarding and separation processes for the staff. Thus, it’s very essential for a company to equip the workplace with the right technology and system in order to address all these frequent and uncertain challenges and match people with all appropriate skill sets to new jobs.
HCMS (Human Capital Management Software) Scope
From comprehensive HR dashboards to automated HR processes that enable employers to stay up to date on workers’ information and performance. A robust HCM software is helping manage the workforce during this COVID-19 crisis. Today it’s a need that an employer must consider a comprehensive HR/HCM software that can streamline all the HR functions, growing pains, unpredictable HR/business challenges and initiate the best ways to look after the employees and their needs for the sake of the organization’s stability and growth.
Owing to the above factors, HCMS should be flexible enough to overcome immediate pandemic-related challenges and needs; like employee management software, attendance marking and tracking in work from home scenario, single click payroll, 360-degree appraisal with KPIs, employee self-service, mobile attendance with geo-fencing, dynamic leave workflow, expense disbursement, and tracking, recruitment or hiring, training, and organizational development, alignment of skill sets, separation/exit management, manpower budgeting, rapid onboarding/offboarding capabilities, overall HR/workforce management along with establishing long-term HR strategies and their execution.
Simply, an organization or a firm needs a dynamic HCM solution that can thrive in these unprecedented times. A good HCM solution strives to keep the workforce connected, it helps to foster a shared purpose and collaborative vision besides increases employee’s engagement and their grooming, also benefits the firm to align workers on short-term and long-term objectives not only helping them with their career aspirations but also business growth at the same time.
Make your HR proactive through a forward-looking HCM solution
HR departments now need to be more proactive and think of more forward-looking HCM solutions that are more focused on amplifying human productivity, workforce motivation, and retention along with the execution of meaningful HR strategies towards the success and growth of organizations.
A comprehensive HCM platform can handle different aspects related to employees and HR needs. With talent onboarding to development and management of the staff, efficiency measurement of employees, improving the organization’s ability to retain all hard-working talents, in addition strengthening their abilities with training and support which ultimately results in the overall productivity and growth of the organization.
Although the COVID-19 pandemic has been a very difficult time and many organizations have suffered. However, to fortify productivity and achieve organizational goals, it’s important that a comprehensive HCM system should be implemented that effectively works to build greater resilience and planning in any organization, nevertheless, helping employees to live more sustainable lives.
From onboarding to training, an HCM modules platform can be a crucial building block in achieving greater flexibility and efficiency in your organization. And it can handle a lot, just incorporate the right system!