Highlights
- Organizations are reimagining their approach to access, engage, harness talent, and drive employee experience.
- Cognitive capabilities can help companies acquire talent through intelligent recruiting, transform HR business operations, and retain talent.
- TCS’ Cognitive HR solution helps provide an intuitive and personalized experience for employees at all levels.
In this article
Overview
Redefine talent management to build future workforces.
As acquiring the right skills at the right time and place becomes more critical, it’s imperative for human resources (HR) to choose the best in business and retain world-class talent. High attrition rates lead to increased hiring and training costs, and disrupt business processes.
Organizations must invest in their employees by providing an atmosphere of all-round professional development through continuous learning and upskilling. In addition, replacing legacy systems and manual processes with a digital HR solution can simplify complex processes, transform talent acquisition practices, and provide personalized employee experiences.
Solution
Cognitive HR changes the rules of talent management.
TCS’ Cognitive HR solution utilizes our HR domain knowledge and is integrated with cognitive levers to address modern-day challenges in human resource management. Overcoming the hurdles of ‘too much data’ and ‘very little insights’, Cognitive HR enhances human expertise and judgment by mining data more accurately, which, in turn, improves the capabilities of HR functions in any organization.
Built on TCS Cognix™, with an AI-driven human-machine collaboration suite powered by MFDM™, the platform offers a slew of services across the ‘hire to retire’ life cycle. It:
- Provides plug-n-play and modular services to meet the ever-evolving demands in employee onboarding and engagement.
- Accelerates hiring with smart CV screener and predictive demand forecast.
- Controls cost with enhanced auditing and better decision-making through real-time analytics.
- Replaces legacy processes by operational dashboards with immediate insights to ensure better employee management.
- Enables personalized learning to help employees develop core competencies.
- Reduces attrition by implementing better employee engagement processes.
- Helps organizations become future-ready and purpose-led by managing key metrics, such as speed of implementation and payroll accuracy.
Benefits
Ensure employee engagement.
TCS’ Cognitive HR uses new-age technologies such as virtual assistants, prescriptive and predictive analytics, natural language processing, and chatbots to deliver multifold benefits:
- Lowers HR expenses to operating ratio
- Reduces hiring cost and time
- Improves annual turnover rate
- Boosts employee productivity and satisfaction
- Increases the effectiveness of learning programs
- Enhances payroll accuracy and timeliness
The TCS advantage
We understand HR—and your industry.
By partnering with TCS, organizations can create an effective and efficient workplace.
- Our agility enablers and productivity accelerators offer compelling experiences.
- Built on a cognitive foundation, the intelligent HR solution has an intuitive design that provides real-time analytics and insights.
- Our simplified and dynamic pricing structure allows flexibility of a modular solution.
- TCS’ deep industry knowledge, vast HR domain capabilities, global coverage, and innovation can profoundly change the way the HR function operates.
TCS’ Cognitive HR solution enhances human expertise and judgment by mining data more accurately, which, in turn, improves the capabilities of HR functions in any organization.
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