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The Impact of Artificial Intelligence-Based Human Resource Management Systems on Organizational Efficiency

Pankaj Kumar TyagiChandigarh University,Mohali,PunjabVikram Jit SinghChandigarh University,Mohali,PunjabAjit Kumar SinghChandigarh University,Mohali,PunjabA. K. SaxenaLovely professional University,PunjabPriyanka TyagiChandigarh University,Mohali,PunjabPankaj MehtaChandigarh University,Mohali,Punjab
2023en
ABI

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The transformative impact of AI-based HRMSs (artificial intelligence-based human resource management systems) on the effectiveness of organizations has been examined in this empirical paper. Artificial Intelligence (AI) is revolutionizing workforce management in today's dynamic business landscape. It is transforming functions like employee engagement, performance management, the onboarding process, recruitment, as well as workforce planning. By streamlining HR procedures, AI-HRMS enables automation, and predictive analytics, in addition to data-driven decision-making. The study illustrates the benefits of AI-HRMS with case studies and statistical analysis. By automating the screening of candidates and anticipating job success, these systems strengthen the efficiency of recruitment. Personalized plans and real-time support speed up employee onboarding and increase fulfillment. AI-HRMS uses personalized development plans, automated forecasting, and task automation to increase employee engagement and retention. Continuous improvement is promoted and worker contributions are matched with organizational objectives through data-driven performance management. The paper highlights challenges as well as successful implementations in companies such as Siemens, Unilever, IBM, as well as others. Careful consideration is needed for data privacy, opposition from staff members, system integration, and potential bias. Organizations can fully utilize AI-HRMS by triumphing over these obstacles, bringing in improved prospects for HR administration and organizational effectiveness.

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