Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 1224819277
iStock 1224819277

AI isn’t a one stop shop for all of HR’s problems, it will always require a human touch


 

Matthias Hansson Fredlund, Founder & CTO, Winningtemp

Human Resources (HR) has always been an important part of every business. It is directly responsible for the wellbeing and productivity of the workforce, ensuring that every employee has a healthy work environment which enables them to thrive. 

As a result of the pandemic, HR’s importance has grown even further. Nowadays, HR leaders are contributing towards the success and growth of the organisation by improving company culture and the employee experience. With the Great Resignation causing a real talent crunch for many organisations, the role of HR becomes more important and strategic. To remain successful and profitable, businesses must ensure they are able to attract and retain the best talent.

All of this is happening whilst we are witnessing workforces operating in a hybrid fashion.

This means that HR is able to take a top seat within the business and drive strategic change. To do this successfully, many HR leaders are turning to technology to help them. One of the technologies being used in HR is artificial intelligence (AI).

AI’s potential in HR

The potential of AI has been discussed for many years, with commentators predicting that it will transform many industries. HR is no different and AI will be vital to the HR department of the future, but it is also important to recognise that the technology isn’t a panacea to all of HR’s problems. 

AI cannot solve everything and for it to be successful it needs to be combined with personal human feelings about specific questions or challenges. AI will be useful in highlighting where certain issues lie and allowing HR to focus on what really matters, but a human touch will still be required to little bit deeper into issues to get the right nuances about specific topics and so on.

To make the use of AI within HR a real success, businesses should ensure they are approaching it with an employee-first mindset. If implemented in a transparent way and combined with real life experience, AI-enabled employee engagement platforms can be a powerful tool to improve the employee experience.

To do so, companies should follow focus on two areas:

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
  • The employee experience

The employee experience encompasses everything from how businesses attract, introduce and develop their personnel to the wellbeing of each employee in the workplace, both mentally and physically. Many organisations are increasing their focus on employee experience as a result of the pandemic, which is positive.

However, just implementing these initiatives is not enough – businesses need to also ensure they are measured effectively. This is where AI can play a part. Real-time employee engagement can be measured through AI-enabled, automated “temperature measurements” utilising frequent employee feedback.

Through visualisation of the collected data, enterprises can gain an overall picture of how each member of their organisations is doing and then make adjustments to strengthen the employee experience. This strengthened experience will benefit the business because there is a clear link between profitability and the wellbeing of a business – it’s easier to retain employees than hire and onboard on a regular basis, and engaged employees are more likely to go the extra mile to support their business, making them a company’s best brand ambassadors. On top of this, a happier workforce leads to a better experience for customers.

This measurement also enables the HR department to report back its results to the board and prove that initiatives are working, which will increase the leadership’s buy-in. 

  • Making informed decisions

Another way that AI can be used is to enable HR leaders or teams to make sound decisions based on the data gathered from employee feedback. Real-time surveys are the best way to gain this feedback and Ai can be used to learn from employee responses to create sophisticated questionnaires used for the employee engagement and wellbeing feedback loops.

The insights that HR gets from these surveys are extremely valuable to the organisation when it comes to decreasing employee turnover. A well-designed survey, that is informed by AI, can help better understand the thought processes of the employees and help employers detect patterns associated with job dissatisfaction.

Another benefit of this is that it removes human biases and inconsistencies from the survey generation. Overall, an AI-enabled employee engagement tool helps to create a work environment that is more responsive to addressing each employee’s needs.

It is clear that there are real benefits to using AI within HR and there is no doubt that AI will be a vital part of any modern HR department’s toolkit in the future, but HR professionals should remember to combine it with a human touch to make it a real success.

Recent Post: