Effective Human Resource Management can help you save costs and increase profits in the long run as you continue to nurture the talent within your organization
BEAM Team21 Apr, 2017
HR Technology company, TraitQuest launches to offer a wide range of Human Resource management solutions for both startups and SMEs.
TraitQuest aims to close the gap between employers and employees, where there’s been an ever-growing increase of demand for proactive talent management.
With more Millennials/Gen-Yers flooding into the job market, it is expected that Malaysia would have up to 50% of the market comprised of millennials by the year 2020.
According to founder Leo Lee, one of the major problems faced by companies in today's world is the lack of tools to measure the performance of their employees effectively, especially with more millennial employees flooding the marketplace.
With this solution in mind, TraitQuest has created a set of powerful tools to support startups and SMEs so that they can automate their administrative (paperwork) tasks to a more effective and automated fashion, allowing them to focus their resources into other areas like generating more revenue and scaling their businesses.
One of the key features of TraitQuest is the ability for startups and SMEs to trace, track and treat their employees using their performance management (dashboard) solution. Prompted KPIs are also provided to assist in allocating the right KPIs to staff based on their roles and respective departments.
The Recruit, Retain and Reward Model (3R Model) that's built into the heart of the TraitQuest System is based on the T3 Methodology that Tracks employee performance, Traces their winning traits and Treats employees when they have overachieved their targets.
The current-day workplace is distinctly different from what it was a decade ago. The work culture has changed and so has the attitude of the workforce. Assertiveness and being autonomous are a few of those traits that many employers appreciate. Hence, knowing this, TraitQuest has developed an internal profiling system that will identify a talent’s traits, recommend appropriate training or mentoring, track their progress for improvement ensuring their readiness for future leadership and managerial roles.
In the end, well-trained employees will have a positive impact on the organization’s growth.
As all entrepreneurs realize now that customer satisfaction is most important to the business, it is a cycle, and it first starts with higher employee engagement. After all, it is great people in a company that make the company great.
In conjunction with the partnership between TraitQuest and BEAM, an offer of a consolidated and automated platform for managers and HODs to track their staff leave application, expenses claims and KPIs is free for BEAM users.