Markets and Markets, a global market research and consulting firm estimates the Human Capi- tal Management (HCM) market to grow from USD 12.59 Billion in 2016 to USD 19.88 Billion by 2021, at a CAGR of 9.6 percent. These numbers are attracting a lot of attention from both global and local players in the Indian HCM market.
Selecting the right HR Tech partner
According to PeopleMatters SME HR Landscape Survey 2017, the top 3 challenges faced by SME play- ers in India are‘Managing turnover and retaining high performing talent’, ‘Engaging and motivating employees to cover the extra mile’, and ‘Develop- ing leaders’. So what’s stopping SME players from leveraging technology or making it a central part of their HR strategy? The answer lies in what HR lead- ers expect technology to do for them:
Do HR tech solutions improve efficiency of the HR processes?
Does HR tech reduce business costs?
Does HR tech make employees self-reliant?
Are the sol...