Wearable technology couldn’t get any hotter than it is right now. Be it fitness trackers, smart bands or smartwatches, these are widely popular these days. People from all walks of life are tracking their fitness achievements, heart rates, sleep patterns, steps and much more on the go through wearables. In fact, according to a recent study, the wearable market is poised to reach a staggering 1.1 billion by the year 2020. All thanks to the Internet of Things (IoT) revolution. While the telecom tech shifts from 4G to 5G, the number of connected wearable devices is expected to skyrocket wildly.
Thus, the billion-dollar question: why should businesses and employers care about this rapidly catching up tech trend? To start with, wearable technology is proven to improve workplace productivity by as much as 10% and employee satisfaction by 5%.
How Pocket HRMS leverages wearable for HR and employees?
It’s a known fact that it has always been a foot-in-mouth situation for HR when it comes to keeping with emerging tech trends and times. While the good thing is that HR ecosystem has begun to put its head into HR technology, wearable is something that is yet to catch up. Pocket HRMS understands the need for intelligent HR analytics to help with people management and all things HR. Take smHRty for example, an AI-powered HR chatbot that takes away the burden of mundane admin tasks for HR, but wearables still remain an unexplored concept when one talks about human resources management.
According to a research, more than 70 million wearables will penetrate the workplace by 2020. This is where Pocket HRMS stands out.
Pocket HRMS brings in a New Dimension to Employee Management.
Wearables can bring in a fresh new dimension to employee management. For instance, users (companies) get to instantly notify their employees about leave approvals/rejections, attendance, employee time management, etc. on their smart wearables.
Improved Workplace Efficiency
Pocket HRMS believes that wearables can greatly drive workplace efficiency and productivity. Reason being wearable technology when integrated with HR software helps collect data pertaining to employees that were difficult to obtain previously. Wearable tech allows employees in sectors such as emergency services, construction, etc. to request for help much faster.
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Helps HR provide better Employee Experience
Wearable technology when integrated with HR software provides the HR department with vital health insights including sleep activities, steps, exercise routine, etc. of their employees. “This data can be further utilized by the HR to come up with suitable health programs and activities to ensure employee well-being and workplace safety,” says Mr. Jiten Somani, CEO for Pocket HRMS.
“Wearable tech in HR paves way for a data-driven workforce management and most importantly, drives workplace wellness and employee experience,” added Mr. Somani.
It’s known that human resources department in every organisation is devoted to structuring and managing workforce, and wearable tech provides a solid opportunity for employee time management, workforce engagement and workplace wellness.