Harnessing HR Technology for Effective Employee Learning and Development: A Guide
In today’s competitive business landscape, retaining top talent is a priority for every organization. According to a global study from GoodHabitz, more than half of employees would stay in their current job if they were offered the right development opportunities. This highlights the shift from personal development being a ‘nice-to-have’ to a ‘must-have’. Employees are now advocating for their own growth and personal development at work, resulting in a growth-driven workforce.
However, a major issue that arises is that although employers have made investments into learning and development (L&D), they often fail to communicate effectively, leaving employees unaware of the opportunities available. In fact, of the 24,000 global workers surveyed, just one in three said they were very aware of the learning opportunities on offer at work. This calls for a more robust system to support workers in developing skills, and this is where HR technology comes into play.
The Need for L&D Tracking in HR
In the era of digital transformation, businesses face several challenges in tracking employee L&D. It’s not just about identifying the skills gaps and providing the necessary training. It’s about creating a comprehensive plan for each employee’s career development and ensuring they are aware of and engaged with this plan.
Moreover, with the rise of remote work and flexible working arrangements, traditional methods of tracking L&D are becoming obsolete. Businesses need a system that can adapt to these changes and provide a seamless experience for both HR managers and employees.
The Role of Human-centric Leadership in L&D
According to GoodHabitz’s report, the solution lies in adopting a human-centric leadership style. This approach puts employees in the spotlight, listens to their needs, and puts those needs into action. It’s about allowing your employees to be in the driver’s seat and offering tools that give them a chance to learn when, what, and how they want, matched to the needs of the business.
This approach not only empowers employees but also fosters a culture of continuous learning and development within the organization. It encourages employees to take ownership of their career growth, leading to higher job satisfaction and retention.
How HR Technology Helps in L&D
HR technology plays a crucial role in facilitating effective L&D management. It provides a centralized platform where HR managers can plan, track, and manage L&D for each employee. This includes identifying training needs, scheduling training sessions, tracking progress, and evaluating outcomes.
Moreover, HR technology can help in tracking the expenses related to employee development. This provides valuable insights into the return on investment (ROI) of L&D initiatives, helping businesses make informed decisions about future training programs.
Another significant advantage of HR technology is that it allows for a mix of company-focused and soft skills training. Employees today are looking for holistic development opportunities that not only enhance their job-specific skills but also their interpersonal and leadership skills. HR technology can help businesses cater to these diverse learning needs, leading to a more engaged and competent workforce.
HRSimplified is an HR technology solution designed to address the challenges of managing and tracking L&D. It features a Training Module that integrates with Performance Management to identify training needs based on performance reviews and feedback.
Once the training needs are identified, HRSimplified helps in planning and scheduling training sessions for each employee. It keeps track of all learning activities and provides historical training data, giving HR managers a comprehensive view of each employee’s learning journey.
Moreover, HRSimplified has the capability to track key skills and certifications. This is particularly useful for businesses in industries where certain skills certifications are mandatory. By ensuring these certifications are always up-to-date, businesses can stay compliant with regulatory requirements and avoid potential legal issues.
In conclusion, leveraging HR technology for effective L&D management is no longer an option but a necessity for businesses. It not only helps in planning and tracking L&D but also fosters a culture of continuous learning and development. By adopting solutions like HRSimplified, businesses can ensure their employees are equipped with the skills they need to succeed, leading to higher job satisfaction, better performance, and ultimately, improved business outcomes. So, get ready to harness the power of HR technology and unlock the full potential of your workforce.