How Vega-HR is Revolutionising HR with AI-Powered Personalization and Recognition

• ByStartupStory     |    August 11, 2023

Startup Story Media recently had the opportunity of speaking exclusively to Amit Alsisaria — Director, Vega-HR. Vega-HR is a comprehensive HR platform that uses AI and analytics to incentivise, recognise and empower organisations with an all-in-one employee rewards & recognition platform. It also enables organisations to streamline processes, improve decision-making and enhance employee engagement and recognition to create an engaged workforce.

Acknowledging the Crucial Role of HR

In conversation with Amit Alsisaria, we learnt about how they aim to transform workplaces by providing a technology platform that streamlines HR processes, enables data-backed decisions, and enhances employee engagement and productivity — emphasising that HR involves more than just fun events on Fridays.

HR plays a crucial role in ensuring the growth and productivity of employees throughout their professional journey, and Vega HR aims to enrich company culture to achieve this. Amit Alsisaria comments, “The purpose of any business is to serve people, and the core of it is the HR component, which involves more than just fun events/ programs. Vega HR offers a comprehensive HR suite with AI and analytics to improve decision-making and employee motivation, recognizing that feeling valued is crucial to business success”

Recognition and Rewards in the Digital Age

HR’s main goal is to ensure that employees grow both personally and professionally, as well as drive business values. “Vega HR offers a streamlined HR suite that covers the entire employee life cycle from hiring to retiring, with additional features such as AI-ML generative AI, analytics engine, and engagement centres to improve decision-making, talent development, and employee motivation”, adds Amit.

Vega HR understands the importance of recognition and rewards in the digital age, and provides services to help all employees grow and develop their skills. Recognition and rewards should also extend beyond the organisation to the outside world, as employees in the digital age want to showcase their achievements, leading to increased productivity and reduced attrition.

Tailored Leadership Development

The company recognizes that while some employees are natural leaders and others are followers, everyone within an organisation wants to grow and develop their skills, and Vega HR’s service offerings are designed to help manage and develop all employees accordingly.

Employees are categorised and assigned job roles based on their traits and skill sets, allowing for growth and development for individuals with varying levels of experience in an organisation. Everyone in an organisation plays a valuable role in driving an organisation forward, and it is important to have a structure that allows for growth and development for individuals with varying levels of experience.

HR can drive different strategies for developing talent based on individual skill sets, aspirations, and paths, as there is no one-size-fits-all approach to leadership development. The challenges faced in building the company include the need to change the perception of HR and its role, understanding the industry and how other organisations operate, and the gradual process of coaching and implementing changes.

Educating and familiarising employees is key to overcoming the challenge of adopting new technology in organisations, as people tend to revert back to old habits and are inherently resistant to change. The challenge of adopting new technology in organisations can be overcome by educating and familiarising employees, as technology itself is not difficult to use, as demonstrated by the ease with which even cats can adapt to using mobile phones.

AI-Driven HR Tool

Vega-HR uses AI to track employee mood/ sentiments, suggest improvements, and connect individuals, while also screening candidates and suggesting rewards, making it a unique and flexible HR tool. The platform provides advanced analytics and insights on employee performance, enabling HR to make informed decisions, improve attrition rates, and retain top talent by focusing on personalised rewards and recognitions. “Additionally, it enables the HR departments to take the right actions by providing strong insights on employee performance, including correlations with factors like leaves, attendance, payroll, and learning and development, and it can accurately predict performance expectations based on these patterns”, shares Amit.

In a market influenced by factors like the recession, retaining top talent remains a priority for HR professionals and entrepreneurs. By capturing and analysing relevant data organisations can effectively execute insight from data in order to build a more employee-centric workplace.

In a competitive environment, it is important for the role of HR to revolutionise by leveraging technology. “We are revolutionising the role of HR by providing a comprehensive platform that goes beyond traditional practices. With a tech-forward approach, organisations can enhance overall employee engagement, drive growth, and build an employee-centric organisation”, concludes Amit.

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