Performance And Profits: How Digital HR Utilizes Data To Improve Employee Wellbeing And Revenue

May 8, 2021

The performance and profitability of an organization go hand in hand. Employees are one of the most important assets of an organization as they drive performance and productivity in the direction of a firm’s objectives. 

However, improper employee management or HR functions can easily withdraw employee engagement, setting an idle, disorganized and unproductive workplace, affecting a firm’s overall financial stability, i.e. revenue. Here is how digital HR utilizes data to improve employee well-being in a way that positively influences the company revenue. 

Boosts Productivity

Digital HR that utilizes reliable HR management software can facilitate a company to maintain updated data on the behavioural profile of employees. With such profiles, HR managers can get a better understanding of employees within an organization. When there is a better view of an employee’s strengths and weaknesses through their behavioural profile, it becomes easy to offer them a personalized way of job roles, tasks or training accordingly. 

When employees are given tasks or responsibilities that upholds their behavioural profile and capabilities better, it contributes to their well-being as they are doing things that match their capacity. In turn, this will make it easy for employees to give their potential towards an organization, boosting productivity and successfully contributing to a company’s revenue. 

Supports an effective reward program 

Rewarding staff and recognizing them for their efforts are a mainstay of business best practices and are equally essential to boost employee productivity. While reward programs aren’t necessarily a new thing within HR, digital HR makes these programs more effective and meaningful. 

There are plenty of HR systems that can support internal communication and transparency within an organization. These systems allow employees to interact and engage more openly with their peers, team members, and even HR managers.

From recognizing peers, teams, or team members for good work instantly to allowing these data to be effectively stored and utilized for rewarding employees appropriately, HR managers can take an effective and meaningful approach to their reward programs. The ability to save such data and retrieve them whenever needed also ensures employee efforts are not overlooked by tedious paper-based evaluation and rewarding processes. 

As such, when employees are duly recognized for their efforts towards an organization it naturally brings a feeling of belonging within the workplace, improving their wellbeing. In turn, such positive feelings will motivate employees to do better, improving productivity and the revenue generation capacity of a company.  

Match people to appropriate positions

Having potential candidates in the wrong job or positions can significantly affect a company’s productivity. With AI-based digital HR systems, it’s easy to assess the work skills of new recruits or other employees. This gives a clear picture of the types of skills employees possess. The relevant data can then be used to rotate or shift employees to positions that complement their skills thereby enhancing productivity and positively influencing the company revenue. These data can also be used for internal recruitment which is a cost-effective way to get qualified and experienced candidates to fill a job position immediately. 

HR managers can add suitable members into different departments based on their work skill data and check the productivity of the team then after. This will give a true measurement of performance, productivity, and overall revenue generation. 

If you’re looking for an HR software company in Dubai that can integrate all your HR requirements into one single digital HR platform, contact us at EmiratesHR. We make sure all our platforms are tailor-made to create the most productive workspace that can enhance both performance and profitability.