Statspeak: What are your core objectives of investment in HR technology?

The State of HR Technology India 2019-20 report states that that the levels of automation of HR technology are considerably low in some strategic HR functions such as identification and management of high potential employees, succession planning, and strategic workforce planning. 
 

Moreover, little improvement has been seen in the past three years. 

People Matters Research spoke to more than 250 respondents from 208 unique companies with a series of questions about their HR technology and service delivery environment and has charted out the trends.

20% 

Planning to invest more than Rs 1 crore in HR Technology in the year 2019-20 which is a 35 percent increase from FY 2016-17.

Attributes in HR technology

74%  Ability to integrate 

71% Strong analytics layer

71% Consumer-centric user experience 

71% Flexibility to customise 

While shortlisting HR technology, which attributes do you look out for?

69%  To increase effectiveness of HR execution (higher impact) 

59%  To empower employees and managers to self-manage people workflows and processes

59% To increase efficiency of HR execution (cost reduction) 

Function-wise automation

All responses in percentage of respondents who have automated half the functions under the following heads