In the midst of an ongoing talent conflict, business leaders are confronted with an additional obstacle: the global productivity crisis.
Only one-third of employees are motivated to perform their duties effectively. Every day, HR managers inquire about the most effective methods for recruiting, retaining, and optimizing talent.
Appreciation in the workplace
Sage, an HCM software company, discovered in its report “Why your workforce isn’t working” that over 66% of respondents considered employee recognition to be the most critical aspect of the employee experience.In light of this, why do employees experience feelings of disengagement and lag in productivity?
Paul Burrin, vice president of Sage Business Cloud People, stated to HR Tech News that the underlying causes of this disengagement can be multifaceted and intricate.
“Our research indicates that there is frequently a discrepancy between the priorities that employers believe are significant and the expectations that employees have of their employers,” he stated.
This discrepancy frequently results in people management programs that fail to resound with employees.
“Organizations frequently emphasize the importance of superficial perks and fringe benefits, such as in-office ping pong or various company outings, as a means of motivating employees.” Nevertheless, Burrin asserted that employees perceive greater value in working with a sense of purpose, being acknowledged, and feeling appreciated.
A novel type of human resources technology
Innovative human capital management (HCM) software solutions can assist HR administrators in comprehending the requirements of their workforce.“The primary focus of technology has been on transactional HR, which involves the automation of core processes and the enhancement of the productivity of HR teams,” Burrin stated. However, the emphasis has shifted as the talent conflict continues to escalate.
He stated that new solutions are assisting not only HR, but also managers and leaders throughout the organization in enhancing the quality of the workforce experience throughout the employee lifecycle, thereby boosting productivity and engagement.
Naturally, it is effortless to be captivated by the latest technological advancements. However, Burrin encourages HR and business leaders to exercise caution when selecting HR technology: “whether they are selecting solutions that automate traditional, but now outdated, methods of conducting business or selecting ones that offer them greater flexibility and the ability to manage the evolving needs of the contemporary workforce.”
A new generation of human capital management (HCM) software, including Sage Business Cloud People, which is based on People Science, utilizes near-real-time data obtained from pulse surveys and other employee feedback tools to enhance its comprehension of the workforce.
“Predictive analytics and augmented intelligence can predict future behaviors through sentiment and intent analytics, while hidden trends can be revealed,” Burrin stated.
He stated that HR leaders require this more profound comprehension of the workforce in order to “inform the business and identify issues related to performance, retention, or the perceptions and emotions of employees toward the business, their manager, and the company leadership.”