Appraisals are on the top of everybody’s minds. An employee wants to know how he performed and expects to be rewarded if has met his company’s aspirations. Similarly, an organization wants to monitor the performance of employees in the past financial year.
Success of an organization depends on satisfaction of employees
An organization’s success depends on the performance of employees. The management cannot achieve results unless every cog in the system works optimally. It needs to engage and reward people and motivate them to achieve the results. One way to appreciate the employees’ contribution, productivity, and efficiency is by appraisals. Annual appraisals is at the core of performance management system in most organizations.
The task is long and tedious. An HR professional will admit their time is mostly spent managing appraisal documents, goal sheets, etc., particularly in these days. Leveraging technology can reduce the headache for HR executives, freeing up resources for creative aspects such as execution of human resource strategies, employee engagement, etc.
What exactly is Human Resource Management System (HRMS)?
The Human Resource Management System (HRMS) is a software which combines systems and processes for management of employees data, including payroll, recruitment processes, performance evaluation, etc. It makes processes easy to access and use through information technology (IT) tools by integrating data from different sources on one universal database. The HRMS software solution eliminates the need for paper work and manual intervention, even while acting as repository for important documents. Let’s see how the HRMS helps in the streamlining of performance appraisals.
How can the HRMS business software solution help in appraisals?
The HRMS application controls what a user views when they access the system. An employee with no supervisory role has a different user interface than that with supervisory responsibilities. HR professionals also get a different user interface.
Supervisors and HR personnel set up goal-sheet templates for employees according to their designation and responsibility along with appraisal criteria. Employees get a notification and accept goals. Once appraisal cycle begins, a notification goes to employees to give self-input. Once completed, supervisors get notifications asking for appraisals. The appraisal cycle ends after documentation and acceptance.
Enterprises and businesses need Cloud HRMS to optimize processes
Earlier, the HRMS was expensive and privilege of big corporate houses. However, things have changed. New modern technology such as cloud has brought down prices and made the software user-friendly. Cloud Web-hosted business applications carry out appraisals with minimal cost and hassle. Cloud HRMS is useful for enterprises having several working locations as the technology can be used on the go and helps enterprises coordinate among offices. A premise-based legacy system will not be able to tackle geographical spread.
“The HRMS software has the ability to integrate the entire appraisal process in an easy-to-use way. A cloud-based business application further facilitates the process in a seamless fashion,” said Shashank Dixit, CEO, Deskera, a global provider of cloud-based business software.
An enterprise with more than 25 employees needs HRMS. However, adoption of modern technology such as HRMS is slow in India because businesses, startups and SMEs are not aware of benefits. Sooner or later, enterprises will have to use technology to adhere to best practices and make things simpler and easier for HR departments.