It's no secret that times are tough and many organizations are feeling the pinch. Everyone is looking for ways to do more with less and HR is no exception. In fact, recent data shows that a whopping 84% of HR professionals don't expect to have enough budget to meet their technology needs this year.
With that in mind, HR teams are taking a closer look at their tech stacks and trying to figure out which tools to keep and which to let go. It's tempting to default to a human resources information system (HRIS) as an all-in-one solution, but that might not be the best approach.
Sure, an HRIS can handle administrative tasks like a pro, but it's not necessarily the best option for managing the more human aspects of HR. We're talking about things like employee engagement, continuous performance and development, diversity, equity, inclusion, and the overall employee experience.
While it might seem like a good idea to try and shoehorn all of these elements into an HRIS in order to save resources, it's important to remember that doing so could actually end up costing your organization more in the long run. So, it's worth taking the time to find the right tools for the job and investing in the employee experience.
The importance of the employee experience
It's all about the journey that workers go through during their time with your company. This includes everything from their first day on the job to their performance reviews and even how they feel about leadership and compensation.
Now, managing the employee experience is a pretty big deal. A positive experience can help boost morale, improve retention rates, and even strengthen your employer branding efforts. But, on the flip side, a negative experience can lead to low engagement, decreased productivity, and high turnover rates. Yikes!
So, why is it so important to focus on the employee experience right now? Well, with all the uncertainty in the world, workers are feeling pretty stressed out. From layoffs to returning to the office, it's a tough time for everyone. And, unfortunately, studies show that employee dissatisfaction and disengagement are at all-time highs.
That's why it's crucial to pay attention to the employee experience and find ways to make it more positive. By doing so, you can help maintain morale, improve retention rates, and bolster your employer branding efforts. Plus, it's important to remember that more and more employees are looking for flexibility at work, whether it's in terms of their hours or where they work from. Prioritizing the employee experience can help make sure that everyone feels supported and valued, no matter where they're working from.
At the end of the day, the employee experience matters. It can have a real impact on engagement, productivity, and even your bottom line. So, it's worth investing the time and resources to make sure that your employees are happy, engaged, and fulfilled during their time with your organization.
Having a balanced approach to your HR tech stack can help you maintain a positive employee experience? It's true! While your HRIS might not be the best option for managing every aspect of the employee experience, that doesn't mean it's useless.
In fact, many companies have found success by using an HRIS for back-end administrative work and an employee experience software for front-end, employee-focused work. This approach can help you strike the right balance between streamlining your processes and making sure that your employees feel supported and valued.
The key is to find software solutions that work well together. By integrating your HRIS with employee experience software, you can create a seamless experience that makes it easy for employees to manage their information, access training and development opportunities, and more. So, don't think of your HRIS as the be-all and end-all of your HR tech stack. Instead, think about how you can use it in combination with other software solutions to create the best possible employee experience.