Nearly 20 percent of senior managers and executives in HR think their organisations are inefficient when it comes to how they store and apply HR data.
These findings are as a result of research from data visualisation platform Zegami, which found 28 percent of such professionals believe they are “highly efficient” in storing and applying people data.
The research also found that senior managers involved in HR spend, on average, 5.2 hours a week in this area. Around 21 percent of those interviewed for the research believe their organisations are poor at managing employee wellbeing and benchmarking the personal growth of staff. Just 28 percent say they are “highly effective” at this.
Zegami said that one of the issues facing many organisations, when it comes to their HR processes, is that a number have old legacy systems. The research found 51 percent of professionals are using systems that are over four years old, and 14 percent said they are using systems more than seven years old.
When it comes to how tech-savvy executives and managers are in using HR tools in their roles, only 22 percent said they were ‘“very confident”, with 25 percent saying they were not confident at all.
Despite the issues raised by the research, the findings also reveal the importance employers place on their data and their ability to analyse it. More than 20 percent (22) said it is essential they can do this, and that they are willing to pay for it, and a further 41 percent said they would consider paying to do this.
Samuel Conway, co-founder and chief executive of Zegami, said: “Employers increasingly acknowledge that the most powerful asset they have is their staff. However, many have a poor overview of their employees, which adversely effects how they utilise their workforce, identify issues that need addressing as well as who the key members of their team are, ensuring they feel motivated and don’t want to leave.
“However, many employers are waking up to their weaknesses in this area and investing heavily in new technology to address these issues, with organisations such as us.”