{"id":10893,"date":"2024-12-09T08:04:41","date_gmt":"2024-12-09T08:04:41","guid":{"rendered":"https:\/\/www.tankhapay.com\/blog\/?p=10893"},"modified":"2024-12-20T07:08:43","modified_gmt":"2024-12-20T07:08:43","slug":"why-must-hr-adapt-to-the-shifting-technological-landscape-in-india","status":"publish","type":"post","link":"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/","title":{"rendered":"Why Must HR Adapt to the Shifting Technological Landscape in India?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_78 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Digital_Transformation_The_New_HR_Mandate\" >Digital Transformation: The New HR Mandate<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#TankhaPay_Revolutionizing_HR_Automation\" >TankhaPay: Revolutionizing HR Automation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Statistics_Supporting_HR_Tech\" >Statistics Supporting HR Tech<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Managing_the_Multigenerational_Workforce\" >Managing the Multigenerational Workforce<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Catering_to_Gen_Z_and_Millennials\" >Catering to Gen Z and Millennials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Research_Insights\" >Research Insights<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Home_Working_and_Work-from-Home_Arrangements\" >Home Working and Work-from-Home Arrangements<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#The_Role_of_Cloud-Based_HR_Solutions\" >The Role of Cloud-Based HR Solutions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Research_Findings\" >Research Findings<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Upskilling_and_Retention\" >Upskilling and Retention<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Reports_and_Insights\" >Reports and Insights<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Employee_Experience_The_New_Strategic_Imperative\" >Employee Experience: The New Strategic Imperative<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Tackling_Change_Weariness\" >Tackling Change Weariness<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Key_Statistics_Driving_HR_Evolution\" >Key Statistics Driving HR Evolution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.tankhapay.com\/blog\/why-must-hr-adapt-to-the-shifting-technological-landscape-in-india\/#Future_of_Human_Resources_in_India\" >Future of Human Resources in India<\/a><\/li><\/ul><\/nav><\/div>\n<p>The HR industry in India is going through a seismic shift because of global competition, changing workforce demographics, and technological advancements. With businesses transforming into digital-first models, HR is the key to leveraging technology in solving worker issues, boosting productivity, and fostering creativity. Let&#8217;s discuss why Indian HR needs this shift to avoid falling behind in a world where everything is becoming more tech-centered.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Digital_Transformation_The_New_HR_Mandate\"><\/span>Digital Transformation: The New HR Mandate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Technology is changing the classical roles of human resources by providing tools that make workforces quicker, more accurate, and more efficient. HR automation software leads this change, making processes streamlined and eliminating errors, making businesses more efficient. One such application that\u2019s making leaps and bounds in the HR automation world is <b>TankhaPay<\/b><\/p>\n<p>Its automated payroll system leverages advanced payroll automation. This includes salary structuring, advance and reimbursement, and real-time processing. This means salaries will be paid on time without errors, reducing the workload of the HR team so they can focus on strategic work instead of administrative overheads.<\/p>\n<p>This enables firms embracing AI and automation to change all their HR processes easily. For instance, AI-driven recruitment tools can make the hiring process much easier by reducing inefficiencies and allowing HR teams to make more informed decisions. This leads to better hires and quicker recruitment cycles.<\/p>\n<p><strong>Statistics indicate that the use of HR tech in India has been positive:<\/strong><\/p>\n<ul>\n<li>Implementing HR tech in India saves Indian firms about <b>50% of <a title=\"What is Payroll Process? Basics, Requirements, Compliances\" href=\"https:\/\/www.tankhapay.com\/blog\/payroll-process\/\">payroll processing<\/a> costs<\/b>.<\/li>\n<li>Companies have also enjoyed an improvement of up to <b>60% in employee satisfaction levels<\/b> due to the efficiency and accuracy introduced by automated tools.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"TankhaPay_Revolutionizing_HR_Automation\"><\/span><b>TankhaPay: Revolutionizing HR Automation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One such application making giant strides in the world of HR automation is <b>TankhaPay<\/b>. Its payroll automation solution includes advanced payroll automation on salary structuring, advance and reimbursement processing, and real-time handling, thus paying salaries without error in real time. This would significantly minimize the burden of work for the HR team and make room for strategic work instead of carrying around administrative overheads.<\/p>\n<p>This enables firms embracing AI and automation to transform all their HR processes easily. For instance, AI-driven recruitment tools can make the hiring process much easier by reducing inefficiencies and allowing HR teams to make more informed decisions. This leads to better hires and quicker recruitment cycles.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Statistics_Supporting_HR_Tech\"><\/span><b>Statistics Supporting HR Tech<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Implementing HR tech in India saves Indian firms about <strong>50%<\/strong> of payroll processing costs.<\/li>\n<li>Companies have enjoyed up to a <strong>60%<\/strong> improvement in employee satisfaction levels due to the efficiency and accuracy introduced by automated tools.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Managing_the_Multigenerational_Workforce\"><\/span>Managing the Multigenerational Workforce<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TankhaPay&#8217;s <b>Leave &amp; Shift Management<\/b> feature allows customization for shift schedules and leave applications, creating a work-life balance that appeals to both younger and older employees.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Catering_to_Gen_Z_and_Millennials\"><\/span><b>Catering to Gen Z and Millennials<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><b>Gen Z<\/b>, who are essentially digital natives, like modern intuitive interfaces that allow for uncomplicated communication and self-service capabilities.<\/li>\n<li><b>Millennials<\/b> require tools that simplify administrative tasks and provide insights into their performance and well-being because of their emphasis on work-life integration and career growth.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Research_Insights\"><\/span><b>Research Insights<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>As per TCS&#8217;s research, more than <strong>60%<\/strong> of TCS workers favor hybrid work models which makes digital automation tools indispensable.<\/li>\n<li>Deloitte&#8217;s Insights indicate that <strong>70%<\/strong> of Indian workers value flexibility and digital engagement tools, underscoring the need for HR to adapt to the preferences of a multigenerational workforce.<\/li>\n<\/ul>\n<p>With TankhaPay&#8217;s automation capabilities, companies can more effectively manage these preferences, improving employee engagement and satisfaction.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Home_Working_and_Work-from-Home_Arrangements\"><\/span>Home Working and Work-from-Home Arrangements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The pandemic catapulted the demand for remote working, and one of the major challenges that HR departments faced was to manage remote teams.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Role_of_Cloud-Based_HR_Solutions\"><\/span><b>The Role of Cloud-Based HR Solutions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cloud-based HR solutions, like TankhaPay, ensure smooth communication, engagement, and tracking of individual performances for both office and remote staff.<\/p>\n<ul>\n<li>TankhaPay&#8217;s <b>Employee Onboarding<\/b> feature facilitates the fast integration of new hires into the company, building early engagement and a strong foundation with employees.<\/li>\n<li>Its <b>HR Letters<\/b> functionality allows essential documents to be created and distributed efficiently, improving overall efficiency.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-10937\" src=\"https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions.webp\" alt=\"The role of cloud-based HR solutions\" width=\"680\" height=\"680\" srcset=\"https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions.webp 1080w, https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions-300x300.webp 300w, https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions-1024x1024.webp 1024w, https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions-150x150.webp 150w, https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions-768x768.webp 768w, https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions-100x100.webp 100w, https:\/\/www.tankhapay.com\/blog\/wp-content\/uploads\/2024\/12\/The-role-of-cloud-based-HR-solutions-250x250.webp 250w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Research_Findings\"><\/span><b>Research Findings<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>EngageRocket Research revealed that <strong>40%<\/strong> of employees express dissatisfaction with the company&#8217;s processes, indicating a need for HR-driven transformation.<\/li>\n<li>The SAP India Study shows that companies using digital onboarding and self-service solutions report much higher employee engagement and satisfaction levels.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Upskilling_and_Retention\"><\/span>Upskilling and Retention<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Retaining the best talent in today&#8217;s competitive market is challenging. TankhaPay provides automated tools to measure employee performance and implement targeted learning programs to keep employees constantly upgrading their skills.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Reports_and_Insights\"><\/span><b>Reports and Insights<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Infosys&#8217;s platform allows employees to take various skill development programs, helping reduce attrition by <strong>20%<\/strong>.<\/li>\n<li>NASSCOM reports that more than <strong>70%<\/strong> of Indian companies plan to invest in AI-driven learning platforms to future-proof their workforce.<\/li>\n<\/ul>\n<p>TankhaPay\u2019s detailed reporting helps identify skill gaps and develop targeted upskilling strategies, improving retention and workforce productivity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Employee_Experience_The_New_Strategic_Imperative\"><\/span>Employee Experience: The New Strategic Imperative<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Employee experience is emerging rapidly as a strategic focus for HR teams around the world.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tackling_Change_Weariness\"><\/span><b>Tackling Change Weariness<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8220;Change fatigue&#8221; is a challenge faced by many employees. According to Gartner, <strong>38%<\/strong> of employees feel fatigued by constant change.<\/p>\n<ul>\n<li>TankhaPay\u2019s HR automation software assists employees through change by providing clear communication, automating administrative work, and enabling self-service capabilities that reduce the burden of change.<\/li>\n<li>Integration of HR automation systems like TankhaPay makes transitions easier, provides consistent updates, and improves the employee experience during times of change, reducing fatigue.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Key_Statistics_Driving_HR_Evolution\"><\/span>Key Statistics Driving HR Evolution<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The impacts of HR automation are highlighted in statistical findings:<\/p>\n<ul>\n<li>Infosys reduced attrition by <strong>20%<\/strong> through customized employee engagement strategies and automation.<\/li>\n<li>Capgemini reduced recruitment time by<strong> 30%<\/strong> using AI-based technologies.<\/li>\n<li>McKinsey reports that automation can reduce payroll processing time by up to <strong>50%<\/strong>.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Future_of_Human_Resources_in_India\"><\/span>Future of Human Resources in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As Indian businesses look toward the future, HR leadership must embrace human resource automation and technology-driven solutions to remain competitive. TankhaPay enables organizations to deliver more streamlined and engaging HR processes through automated payroll, attendance management, asset management, and employee self-service functions.<\/p>\n<p>The future of HR in India is undoubtedly tied to technology. Innovation and implementing the latest HR tools will help companies attract, retain, and develop top talent while improving productivity and job satisfaction.<\/p>\n<p>India&#8217;s HR leaders must adopt automation to thrive in an increasingly digital and fast-moving global marketplace.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"tmnf_excerpt\">The HR industry in India is going through a seismic shift because of global competition, changing w\u2026<\/div>","protected":false},"author":1,"featured_media":10897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[148],"tags":[],"class_list":["post-10893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hr-glossary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Must HR Adapt to the 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