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The Importance of Identifying People Risk for Human Resource Management

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Risk in an HR context is most often perceived incorrectly. However, what HR should really focus on is ‘People Risk’. People risk should be viewed as a risk the organisation may have to face as a result of employees being absent at work or due to hindrances to their productivity.

These people risks cannot be eliminated, nevertheless they can most certainly be mitigated. Firstly what is important is to clearly understand how much an organisation may have to invest to ensure this phenomenon is avoided. HR people can then work with this investment the organisation is willing to make, to develop programmes to make sure employees perform better within the organisation.

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Cloud HR analytics- providing a better understanding of organisational performance

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Human Resource analytics is a tool that aids with data mining and organizational analytics with relation to a company’s human capital. These tools have the ability to capture, analyse and illustrate an overall picture of the performance of an organisation, thus allowing them to generate higher revenue through better understanding of the company and achieving business goals faster and effectively. In addition, business processes will be improved and enhanced through better understanding, hence cutting back on costs.

Tags: HRIS, Cloud HR

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PeoplesHR Participates at AHRI National Convention and Exhibition

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PeoplesHR was a part of the AHRI National Convention and Exhibition that was held from the 19th the 21st of August 2014 at the Melbourne Convention and Exhibition Centre. The convention offered the participants access to the world’s leading HR products and services that can be implemented in their organisations to enhance overall effectiveness.

PeoplesHR launched its next generation HR features at the AHRI conference. These features are a combination of Social HR, Mobility and Analytics that add a new dimension of competitiveness to an organisation’s HR strategy.

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Latest HR technology trends companies should adopt to be in the game

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The following trends will have a significant influence on the performance of the HR field and HR professionals;

1. Use of technology to support business goals, while enabling HR to concentrate on strategy
It is essential to automate lengthy and time consuming processes using a system such as a cloud HR system, in order to enable the HR professionals to redirect their time and effort towards overall company strategy.

2. Ensuring that HR data stored is highly secure on the cloud
Making sure employees know that all personal information stored in the system is protected using an encrypted forma.

3. Embracing and integrating social media into organisations
Organisations are currently in the process of integrating social media into organisations to improve and expand communication and employee engagement. It is also important to ensure that policies are in place to control social media usage.

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Enterprise Social Networks on Cloud HRIS

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Employees who are socially connected and involved have the ability to switch up the game at their jobs. They will have a better understanding of corporate goals, will be more engaged and will shine. A comprehensive Enterprise Social Network will give an organisation an edge over competition by facilitating collaboration and engagement.

Organisations using Enterprise Social technologies are able to double their productivity levels through better communication and collaboration. However, presently only 3% of the companies are using these technologies to its full potential and benefitting from them. In order to succeed well in the current digital world, it is important that internal communities are developed and nurtured. This will also help a company to respond to outside market changes.