IT is one of the sunshine sectors in India and some other parts of the world and has shown high growth rates in the last 2 decades. Yet, it's not without its share of challenges. If the high rate of technological obsolescence is one of the challenges from a business perspective, there are several other challenges from the HR perspective.
Recruitment: Given the wide diversity of role profiles and specifications in the industry, recruitment procedures are longer and managing them more cumbersome.
Attrition / Retention:The abundance of opportunities in the marketplace is not the only reason for attrition. Most companies get into a rut after some time and less attention is paid to customer engagement.
In-cohesive teams : Lack of adequate information about company policies and fellow associates cause frequent communication gaps and poor collaboration among associates.
Un-coordinated operations:Given the quantum of activities involving an associate, such as Training, Transfer, Travel, etc., the lack of an efficient HCM system can stress HR resources.
Cloud-based HCM solution, hence more convenience and mobility
Streamlines HR processes across locations to a centralised process
Cost-effective and hence less resistance for Capex allocation
Optimized solution, ensures higher usage and hence ROI
Identify top performers based on valid data, and not mere perceptions
Map skill sets in the team more accurately
Showcases project team capabilities to prospective clients
Reduces productivity and time loss and focuses on project planning and delivery better