HR professionals often take a lot of flak, but with the right tools, HR can measure initiatives across the company. HR’s ability to effectively measure and report on hiring, retention, goal progress, and more can give your business the data to make strategic and informed decisions.
Human Resource Management (HRM) software has revolutionized the way that businesses manage their people on a daily basis. These platforms were initially started to enable organizations to become more efficient through digitizing many of their processes. Now, HRM software has given businesses the ability to involve their employees in an assortment of processes. This has dramatically changed the workflow to become not only more automated but also engaging. Now there are specific features of HRM software that are going to help your business to scale at a lower cost while also growing a company culture that embraces innovation.
Human Resource Management software (HRMS) brings structure to employee management. Everyone in human resources wants to make sure their employees are firing on all cylinders, but the best way to do that is not always clear. The companies that have the happiest and most efficient employees use software to put employees in the driver seat of their careers. So how do you do this?
Staying compliant is an important part of any business, no matter the size. Because your HR department deals with a variety of issues on a daily basis, staying compliant becomes a bigger responsibility for them in particular. Being aware of the most common compliance issues allows your HR department to prevent any problems if your company were to get audited. There are specific guidelines and regulations that your HR staff should follow in order to stay compliant such as the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act, the Uniform Services Employment and Reemployment Rights Act, Federal Civil Rights, and so on.
The older I get, the more I realize how important time is and how it goes by so quickly! Sometimes I feel like there aren’t enough hours in a day for me to get my work done, but let’s be honest, sometimes the day can seem never-ending. In the workplace, time is very important and delegating how you use it is a necessity. Depending on the nature of your job, some tasks might take longer to complete than others, which can sometimes put us behind. As an HR professional, you deal with employees on a daily basis. They sometimes come up to you with issues, questions, and so on, and you have to pause whatever you are doing and take care of them. Did you know that you could create more time in your day and become more efficient in your process simply by using the employee self-service (ESS) feature of your software?
Did you know there are different types of Human Resources Management Systems (HRMS)?There are multiple acronyms used to describe HR software solutions, such as HRM (Human Resource Management), TMS (Talent Management System), ATS (Applicant Tracking System, but the most commonly used are HRIS (Human Resource Information System), HCM (Human Capital Management), and HRMS (Human Resource Management System). Whatever acronym you choose to use, there really isn’t much of a difference. It all depends on the scope of what the system can do. Obviously, the needs of a small start-up company will be different than for a multi-billion dollar company. According to betterbuys.com, the real concern for the different terms is among vendors fighting for search engine optimization (SEO).
As you may already know, there are many different types of payroll processing: ranging from in-house to outsourcing, to even using a CPA. You’ve probably have heard of many different payroll service companies, but do you know exactly what they do and what they offer? Just like their name suggests, payroll companies ensure that employees are paid on time and that all of the employers stay compliant. Obviously, payroll is more than just writing checks, and a good payroll company will offer more than just that. Depending on the size of the company and the software’s capabilities, there are a variety of different things that payroll companies do for their customers.
It doesn’t matter if you’re starting a new business, newly managing an existing one, or have been in the same position for years, it’s never a bad idea to re-evaluate your processes to make sure you’re running your business to the fullest extent. You know better than anybody how much work it takes to keep things in order, and since not all companies are run the same, it’s important to find a process that works for you. However, that doesn’t mean you have to do it on your own. Keeping your paperwork in order, monitoring your employee’s time and attendance, evaluating client needs, maintaining open communication, and measuring the success of your company on a global and personal scale, you’re probably willing to utilize as many tools as possible. That’s why today I’m going to go over the top 5 tools you should be using in order to run your company better.