While it may be tempting to assume that automation only effects manual labor intensive jobs, that’s not exactly the case. According to a recent CareerBuilder survey, 72 percent of employers believe that within the next 10 years, some roles within talent acquisition and human capital management will have gone completely automated.
Automation is already available within the HR space for a wide variety of essential functions. Yet even of employers who have begun to automate some processes through HR technology, most have only scratched the surface.
The most commonly automated functions are employee messaging and setting up benefits and payroll. That’s a good start, but there are a lot more ways automation could save you time and money, many of which are underutilized. For example, only 37 percent of employers who have embraced automation use it to help with archiving candidates, and just 21 percent use it to promote continuous candidate engagement – just to name a few.
What Does This Mean For You?
Talent acquisition and human capital management are essential parts of any organization – and new automating technologies make them easier and more cost-efficient. Employers who have automated parts of their talent acquisition and management processes are overwhelmingly pleased with the results: 93 percent say the switch has saved them time and increased efficiency, and 67 percent say they’ve saved money and resources.
Automation isn’t going to steal your job – it’s going to make it easier. The sooner you begin to implement automating technologies, the more time and money you’ll be able to save.
Want to learn more about how HR technology is making your job easier? Check out the 20 Most Important Types of HR Technology.
When is the last time that you’ve had to manually calculate your organization’s payroll? Or had to manage employee time cards? It’s probably been a while, thanks to HR automation tools. These products have empowered HR professionals to spend less time on the tactical details of their jobs and to concentrate on more strategic elements. A new survey from CareerBuilder shows that 72 percent of employers expect that some roles within talent acquisition and human capital management will become completely automated within the next 10 years.
Now that we have the basics down, it’s time to crank the effectiveness of HR automation to the next level. But the rate at which companies with 250-plus employees are adopting automation varies considerably. Although more are turning to technology to address time-consuming, labor-intensive talent acquisition and management tasks – that are susceptible to human error – the study shows a significant proportion continue to rely on manual processes. One-third of employers (34 percent) don’t use technology automation for recruiting candidates, 44 percent don’t automate onboarding and 60 percent don’t automate human capital management activities for employees.
Why Now Is The Time to Adopt HR Automation
Employers who have automated a part of their talent acquisition and management processes have seen a lot of improvements as a result. Some of the most common include:
- Saved time and increased efficiency (93 percent): An HR manager who wastes time looking through time-log spreadsheets, files or emails might end up doing nothing else but that. The more the time consumed, the lesser the productivity. Automating the process increases the productivity rate of the HR team and also makes the work hassle-free.
- Improved the candidate experience (71 percent): Communicating clearly and consistently with applicants throughout the recruiting lifecycle reduces candidate frustration. Applicant tracking software makes it easy to communicate electronically, and candidates also feel empowered because they can log in and check their own application status. Further, if applicants call HR with questions, all the relevant information is available in one place for the HR team.
- Reduced errors (69 percent): Automating your strategy enables you to standardize records management. At the same time, it removes the potential for human error that plagues so many HR offices. A paper-based system can be a big risk – there might not be back up and, if misplaced or lost in a fire or burglary, for example, some information may not be recoverable.
- Saved money and resources (67 percent): Automation saves time, and therefore money, leaving your business free to spend that cash on things that really matter.
- Improved the employee experience (60 percent): Every employee has different requirements. Some travel and have to apply for travel requests and submit expense reports. Others may contact the HR constantly to update their personal and professional information. As an organization grows there will be more and more employees that require HR assistance. Automated HR systems let employees manage all these activities themselves. This way the employee is empowered and the HR burden is reduced tremendously.
To help companies find, hire and manage the talent they need, CareerBuilder has extended its product offering beyond recruitment and background screening. Moving into post-hire solutions, CareerBuilder offers everything from benefits administration and onboarding to performance management compliance and wellness.
For more information, visit hiring.careerbuilder.com.