Internet of Things (IoT), Artificial Intelligence (AI), voice enabled devices are the latest trends, in the IT industry today, a lot of emphasis is laid on automation. Technologies like AI and IoT are already pickup up pace in various fields, like Automotive markets where you have self driving cars, as a classic example, where 100s if not 1000s of sensors work in sync try to drive the car automatically.
We take a look at the latest trends in the HR industry. We dont have completely AI supported apps or solutions in the HR Industry, but be ready as the future is a lot more exciting for the HR folks. We take a look at some of the key processes which could be automated using AI in the very near future.
An HR bot can be explained as a virtual HR assistant for your organization, similar to those that we have for banks these days. This HR bot can be really smart with the use of AI. Simple examples would be if an employee wants to their payslips to be emailed, they could simply ask the bot to send emails for 6 months from Jan to June, and this bot would easily shoot all payslips password protected to the employee’ inbox. Another example would be if an employee needs to know their annual leave balance, this bot can tell them exactly, what the balance is, how many team members have planned leaves in their own team, and more information like this. One more would be an employee is being harassed they want to complain, but they dont have access to the correct policy documents, the employee can simply ask the bot “How do i complain about my colleague” the bot would oblige with the correct process. These are some of the simplistic scenarios, the possibilities are endless.
Hiring and Firing Trends
Are you falling behind in forecasting, how about a tool, which can exactly tell you when you will need more staff when your existing staff could resign or be terminated, based on 100s of data points, and learning from historical data already available.
How about a system which actually predicts your leave calendar based on historical information, again using 100s of data points, to build the algorithm on its own.
There some of the most simplistic scenarios where AI can be applied to generate a wealth of information, to make the same data more valuable and usable in your organization. Are you interested in knowing more what we are upto at HR Chronicle, yes, we are now working towards the next generation of AI enabled HR Solutions.
HR Chronicle is a leading Cloud Based HR and Payroll Software, we have served our customers since 2006 that’s when the very first version of HR Chronicle came out, HR Chronicle is available in 2 flavors, Cloud Based and On Premise. To know more give us a shout, we will happy to discuss more.