Robo-Advisors

Abstract

Artificial intelligence (AI) and automation are also becoming increasingly prevalent in the business landscape. Even, such technologies have streamlines important HR functions to reduce tedious manual work. In every company, employees are highly concern about their payroll, perks, financial benefits, investment plans. HR department also gives more focus on making employee feel best physically, mentally, and financially. But it's a big challenge for HR to overcome with financial as well as investment worries of employees as different employees have different financial priorities and goals. Hence, providing access to such investment platform is a crucial element of a well-designed financial wellness programme. It can provide employees with a peace of mind for their financial future, make them feel more valued at work. Such innovative benefits can help to attract talented employees. This paper will discuss on role of robo advisor in HR functions. Also review its contribution in future HR strategies and growth of organization.