THRIVE is a one-stop solution for all things HR at Lodha Ventures Group
In today's fast-paced business world, smart HR systems have become increasingly important for organisations to manage their workforce efficiently, reduce manual effort, and ensure compliance with legal regulations. Lodha Ventures's HRMS portal, THRIVE, is the new solution that streamlines HR processes, enhances employee experiences, and improves talent acquisition, management, and retention.
The Lodha Ventures Group has launched its latest Human Resource Management System (HRMS) that will transform the way employees interact and learn. The new system has been designed to streamline talent acquisition, onboarding, core HR, leaves and attendance, payroll, performance management, learning and development, skill gap analysis, succession planning and much more. The HRMS system also includes Jinie, a personal talent coach at employees' fingertips, providing personalised recommendations based on their career path, succession plan, and individual talent profile.
One of the key features of the HRMS system is its advanced sourcing capabilities, which allow recruiters to auto-match relevant candidate resumes and recommend intelligent skills. This makes the talent acquisition process more efficient and streamlined. The system also integrates job listings with social media platforms, internal and external job portals, making it easier for candidates to find and apply for open positions.
Another feature of the HRMS system is its automated, personalized onboarding experience, which makes candidates' first experience a delight. This feature includes hassle-free and paperless remote onboarding, configurable checklists, and onboarding surveys, and the ability to pre-align, connect, and prepare them for work and the workplace. The system also instils a culture of feedback with regular feedback surveys and custom workflows with triggers for timely and effortless onboarding.
The HRMS system also enables effortless employee lifecycle management with a unified view of the organization, instant access to workforce data across systems, departments, and workflows, and a dynamic organization chart that helps understand the hierarchy. The system provides a single-click to access employee records, from professional to skill, personal data points, and more, allowing for seamless digital experiences from hire to retire.
Leaves and attendance and payroll management are also made easier with the one-tap attendance capture feature, geofencing, and GPS technology, and automated maker-checker processes and tracking. The system calculates TDS, EPF, ESI, and other statutory numbers automatically and provides rich analytics and insights with custom report builders.
Performance management is simplified with accelerated outcomes using simplified goals, KRA, or OKRs, and aligning employee goals with business goals for high-performance teams. Learning and development are also prioritised, with AI-powered personalised learning paths, individual development plans, and training recommendations to match learner's skill analysis, interests, career path, and language.
Skill gap analysis can be enabled and run anytime to understand the organisation's unique skill landscape, and competency frameworks can be defined and set up using AI-powered recommendation engines. Capability assessments can be used to measure employees' skill sets and identify areas of improvement. Succession planning is also made easy with visibility of the organisation's talent pipeline, investing in high performers, creating succession plans for any position, and reducing bias in selecting successors with AI-powered recommendations.
The HRMS system's standout feature is Jinie, the personal talent coach, providing personalised recommendations based on an employee's career path, succession plan, and individual talent profile. Jinie's ability to provide personalised guidance and recommendations to employees enhances their learning and development journey and helps employees reach their full potential.
Overall, Lodha Ventures' new HRMS system is a game-changer for the organisation and its employees. The system streamlines HR processes, enhances employee experiences, and improves talent acquisition, management, and retention. The inclusion of Jinie adds an extra layer of personalisation and guidance, making the HRMS system an asset for any organization.
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