Blockchain and Human Resource Management
Introduction
Bhuvaneswaran. (2019) in her article says that deciding on the right human resource information is not an easy decision. In the first place, all the human resource information systems look similar. They have leveraged mobility, cloud computing, and other components that form an umbrella-like solution to the demands of ever-changing human resource management (Bhuvaneswaran, Jun 10, 2019). She also gives an account of the human resource information system and its elements.
Question One
The Human Resource Information system does manage the people, processes, and human resource policies in any organization. It has a powerful collection of features that work together to handle the multiple face complications of the H.R. processes. However, very few of these features could be useful for businesses and organizations. Quite a number of them are all but marketing strategies. Therefore like she puts it, it is important that you tread keenly before you procure the HRIS services (Bhuvaneswaran, 2019).
To come across a low-cost HRIS software solution that will cater to all of your needs is not easy, and when you have to, you must have a system that will serve you well and come with the following characteristics:
A centralized database that will provide automated storage, data collection, and the up to date displays, non-erroneous information of policies, personnel, and procedures in the organization.
Recruitment automation provides a whole applicant tracking system with an engine of reporting to analyze patterns and trends in recruitment (Wang et al., 2017). A system that is capable of seamlessly integrating with the internal website and the job portals and many other essential things.
The employee onboarding provides the workers with self-service, which is connected to the cloud database, which removes the untidy paperwork in the office.
The feature is the talent management where the workers are the most valuable resources that an organization has. However, the idea of engaging, attracting, developing, retaining, and recruiting the best employees is such a complex process. You need a system that can guarantee all of these.
Payroll is important because many organizations currently use a standalone system in managing the payroll process (Wang et al., 2017). HRIS should be a system with unquestionable efficiency to handle the full package of the services needed with a dedicated payroll system.
The HRIS should also have the time and the absence management feature that will be able to track attendance that when done manually, it calls for a sizeable amount of labor from the human resource office.
Question Two
With the fast development of the accelerating process and society’s economic globalization, many companies face a lot of challenges and pressures (Swan, 2015). As mentioned above, human resources remains an important carrier of technology, service, and knowledge as the core component of business management practice.
At the moment, the human resource information management systems are either based on C/S or B/S framework (Swan, 2015). There are many safety factors that do exist in the management mode. The blockchain technology adopts the private and the public key encryption, consistency verification, and byzantine agreement (Wang et al., 2017). The following table gives a comparison of the three mentioned items.
| Consistency
verification |
Storage equipment | Encryption mechanism | Internal operation | Real-time | Tamper resistance | |
| C/S framework | There is none | The host | Encryption of the common password | There is | Not good | Can only be modified from within |
| B/S framework | There is none | The storage is done at the network server | Encryption of the common password | There is | Fair | be modified from within |
| Blockchain technology | There | Every blockchain node | Encryption of both private and public key | It is public | Robust and strong | Can never be modified from within |
Conclusion
There are quite a number of elements in the human resource department that are boosted by the blockchain technology. There are also differences between the components given. The conclusion is that when blockchain technology is deployed, the client gets access to many options in terms of enhancements and automation, which saves many resources at the end of the day.
References
Shivasankari Bhuvaneswaran (June 10, 2019) Retrieved from https://kissflow.com/hr-process/human-resource-information-system-hris/
Swan, M. (2015). Blockchain: Blueprint for a new economy. ” O’Reilly Media, Inc..” Retrieve from https://books.google.co.ke/books?hl=en&lr=&id=RHJmBgAAQBAJ&oi=fnd&pg=PR3&dq=Melanie+S.Blockchain:blueprint+for+a+new+economy%5BM%5D.Sebastopol:O%E2%80%99Reilly+Media,2015&ots=XRqAD0WPd1&sig=RE4vnc_I0hcGBmbXALijI5lRfqs&redir_esc=y#v=onepage&q&f=false
Wang, X., Hui Zhang, L. F., Lyu, C., & Yue You, L.W. (2017). Human resource information management model based on Blockchain technology. IEEE Symposium on Service-Oriented System Engineering, 168-173. Retrieve from https://ieeexplore.ieee.org/abstract/document/7943308/