Yazad Dalal, Head of HCM, Oracle APAC
A business cannot thrive without delivering the right customer experience. But what about the experience of employees? Oracle believes that employee experience should sit at the heart of every great HR strategy – and thanks to Oracle’s innovative suite of HCM technology, it can.
Happy staff are more productive, more innovative, and more loyal. Improving the employee experience is good for employees, good for business, and a fantastic way to show your staff a little love this Valentine’s Day.
Putting the employee experience at the heart of HR means a shift in focus. Instead of concentrating on how to manage people, businesses must consider how to provide their people with the best possible experience at work.
Improving employees’ workplace experience is particularly important in APAC, where enterprises are working overtime to recruit and retain new talent. This is extremely important as the competition for top talent can be fierce. Oracle’s research indicates that new employees are the least likely to feel confident, empowered or fairly compensated. Our report found that only 38% of employees see a long-term future with the organisation during their first two years. If they don’t like where they are, they will move on.
If businesses in Asia hope to build a successful workforce, improving the employee experience is key. It’s good for employees, good for business, and a fantastic way to show your staff a little love this Valentine’s Day.
Oracle helps businesses put employee experience front and centre with a suite of HCM technology that’s innovative, empowering and easy to use. Based in the cloud, Oracle’s HCM applications help workplaces recruit stronger talent and retain the great talent that’s already on board. The technology improves and modernises the processes that define every employee’s experience at work – from initial onboarding, to collaborating with colleagues, to long-term skills development. What’s more, because Oracle’s HCM technology sits in the cloud, it’s quick to install and affordable for every business, big or small.
The key insight behind our technology is that employees – like consumers – expect an efficient, interactive digital experience at work. They want quick access to information about their salary, benefits, time off, and how they’re progressing towards career development goals. Employees expect the latest cloud tools so that they can communicate and collaborate with their colleagues from any place, at any time, and across any device. When it comes to timesheets, expenses and other HR tasks, employees want efficient, modern processes so they can get back to the work that matters most.
Improving the employee experience through Oracle’s cloud solutions has a myriad benefits for HR management and C-suite executives looking after the bottom line. The technology helps employees self-manage, freeing up HR staff to focus on strategic development rather than paperwork. Oracle’s data solutions also enable HR to better understand which employees are doing a great job and reward them fairly. For business leaders, Oracle offers a new way to drive competitive advantage. Satisfied employees are productive employees, and by putting employee experience at the heart of HR, Oracle’s HCM technology can improve the business’s bottom line.
The HCM solutions we create are subject to constant innovation. Oracle issues updates every six months at a minimum to predict and deliver on what employees will want next. We’ve created HR chat bots to help employees understand workplace policies; cloud software that gamifies wellness and CSR initiatives; and automated recruiting applications that lets new hires accept their offer with one click and start the onboarding process well before their first day in the office.
At Oracle, we’ve already put these HCM cloud solutions into practice – and we’re saving our business an estimated 16 years of work every year through cloud technology that improves the workplace experience for our people. We know first-hand the power of capitalising on cloud solutions to put employee experience at the heart of HR strategy, and we can help other businesses do the same. It’s all about driving success by showing staff a little love – on Valentine’s Day, and every day after.