New In Personio: Better Employee Insights And Performance Assessments, Customized Workflows And Payroll Payments Increase Impact For HR Teams
Sweden (BUSINESS WIRE ) - Personio , Europe's leading HR systems company for SMEs, has today unveiled a range of enhancements designed to reduce administration for HR teams so they can focus more on delivering results for their organizations.
These enhancements are being announced at the same time as the launch of Personio's latest survey, Workforce Pulse 2024 : How to solve workforce and engagement challenges. It shows that 32% of HR decision makers believe that the most important challenge their organizations must address in the coming year is talent retention. This is followed by 29% who believe the focus should be on improving employee wellbeing and 27% who say the same about improving productivity.¹
The news Personio is introducing today helps HR teams address these challenges with more capabilities for dynamic employee analytics and development interviews, as well as faster ways to build and automate custom workflows.
Understanding our customers' needs and solving their challenges is our product organization's highest priority. And we have always seen it as our duty to reduce the enormous pressure on HR teams and streamline the way work is done. I am therefore happy to be able to present a series of innovations in, among other things, people analytics, automation of tasks and employee development, which enable HR to focus on strategic work with an effect on the entire organization, says Maria Angelidou-Smith, Chief Product and Technology Officer on Personio.
People Analytics: Enhanced Data Insight
HR managers are often overwhelmed by scattered HR data and isolated systems. Personio's Workforce Pulse survey found that 68% of HR managers agreed with the statement that HR today is a more data-centric function than ever. This makes it challenging for HR teams to translate data insights into informed decisions, while compiling data can take time and lead to a disjointed view of the organization's HR data.
New features in Personio's Workforce Analytics module address these challenges and enable data-driven decision-making while making it easy to use data within the system to gain real-time knowledge of the workforce. These innovations empower HR managers to extract actionable insights from current data, to drive strategy, employee programs and resource discussions, while enabling the seamless consolidation of HR data from one trusted source.
Employee development : customizable employee interview processes
For HR managers, it can be a struggle to gain an overview of key employee performance data, while building a high-performance culture can often feel challenging. Many managers express that it can be stressful to hold employee interviews, as traditional employee interview processes are often rigid and do not allow for honest feedback. Something that in turn could have contributed to better performances.
The news in Personio's Performance and Development product makes HR teams – and managers – more efficient by allowing them to create processes that match the organization's unique culture. Personio's upgraded solution provides HR with structured yet highly customizable performance cycle processes, enabling easy access to knowledge for all stakeholders to make better and faster employee talent decisions. This means work is significantly reduced – HR managers can adjust performance cycles on the go, with employee updates automatically displayed and actionable with a click.
Workflow Automation: custom workflows and templates
HR teams must deal with the administrative overhead of manually managing hundreds of business processes across different systems and teams. To address these challenges, new features in Personio's Workflow Automation solution enable HR teams to systematize the best business processes and execute them at scale.
The new features of Workflow Automation include pre-built templates that standardize common business processes with intuitive and adjustable steps. Additional features include a tool that enables HR teams to design custom workflows based on their business needs and a dashboard that helps them keep track of how their workflows are evolving. And coming soon is a redesigned inbox that highlights critical tasks with all the details teams need to make quick decisions and keep those workflows simple.
These updates and news come at a time when new customer data from Personio shows that HR teams using the platform experience an average 38% improvement in productivity and an average 31% cost savings in HR. Organizations using Personio also experienced an average monthly employee time savings of 42% and a 22% improvement in employee satisfaction.²
For a detailed overview of “What's new with Personio” this quarter, including demonstration videos of the product, visit this website .
¹ Personio Study: Workforce Pulse 2024: How to Solve Staffing and Engagement Challenges (Published August 2024)
³ Personio Study: The Power of Personio Report (published August 2024)
About Personio:
Personio is an all-in-one HR platform that unlocks people's potential in small and medium-sized businesses. Trusted by over 12,000 organizations with over 1 million employees combined, Personio drives the productivity of HR teams, managers and employees by improving HR processes and enhancing the employee experience. Our product is constantly evolving, making Personio the obvious choice for organizations that want to upgrade their employee platform both now and in the future.
Read more about our product or how to become part of our teams in Munich, London, Madrid, Dublin, Berlin, Barcelona, New York, Amsterdam or remotely here: www.personio.com
© 2024 Business Wire