Tips for Reporting HR Data to Company Executives & Managers
The HR department must have a good relationship with upper management. Ideally, HR should report to the highest levels of the C-suite, such as the CEO and CFO. When margins get tight and somebody upstairs wants to cut bonuses or benefits, does your HR team have the data to advocate for employees with a compelling […]
Read ArticleThe Biggest HR Data and Reporting Mistakes to Avoid
A lot goes into HR data, analytics, and reporting. Advanced HR software can improve accuracy and efficiency, but how do you know whether HR analytics will be a smart investment for your company? To better understand the numerous uses and benefits of HR data and reporting, ask yourself the following seven questions. How will HR […]
Read Article10 Critical HR Metrics for Human Resource Management
Though seemingly routine to outsiders, everyday HR tasks are critical to keeping a business running. While its importance is never questioned, how do you set goals and measure the success of your HR processes? Like all departments, there are several critical HR metrics that help determine the effectiveness of HR tasks and initiatives throughout your […]
Read ArticleWhy 2023 is the Year You Invest in Payroll Software
We all put off things we should do because they seem difficult or time-consuming. The end of one year and the start of a new one gives us the chance to tackle these much-maligned tasks with a clear head and renewed drive. If the past several years has taught us anything, it is that companies […]
Read ArticleHow Technology Makes HR Reporting & Analytics Easier
What’s so important about HR analytics and HR reporting? Like everything HR-related, it’s all about people. The most important ingredient in your company’s success is the people who work there, and analytics can help you empower workers while improving overall efficiency. Combine diverse sets of data to produce insights for better supporting employees as well […]
Read ArticleHR Analytics: What do Data & Reporting Mean for Human Resources?
The term “analytics” gets tossed around carelessly these days. Like tech companies talking about “artificial intelligence” or job applicants’ not-so-clever use of “proficient in Microsoft Word,” people can use the term “analytics” to mean just about anything. For HR analytics to be worthwhile, they must provide useful insights for your business and in-depth analysis of […]
Read ArticleTop Strategies to Control Labor Expense for Your Hotel Company
Everyone in the hospitality industry is struggling to find and retain employees right now. These challenges are felt not just in front of house, but also back of house departments like accounting. Regardless of the employee role, there are some important HR technology tools that can help you manage your labor and control one of […]
Read ArticleAffordable Care Act (ACA) Compliance for 2022, 2023, and Beyond
Like taxes, employee benefits administration requires a lot of paperwork and management to ensure compliance. Since its inception, the Affordable Care Act (ACA) has had several requirements for employee benefits and annual reporting with some changes over the years. As 2023 comes more into focus, you ensure that your company remains in ACA compliance to […]
Read ArticleWhat is Daily Pay? The Benefits of Flexible, On-Demand Payroll
How does your company support employees with their finances? For so many workers, unexpected car repairs and medical bills make it difficult to wait until next payday. More than half the country is living from paycheck to paycheck, including 30% of people making $250,000 or more. When it comes to payroll, a little thing like […]
Read ArticleThe Role of Carrier Communication in the Employee Benefits Process
As data grows more and more important, the way Information is transferred also grows more important. Since computer technology has improved and allows for faster, safer data transfers, there is no reason for the employee benefits and carrier communication to remain stuck in the era of fax machines. Carrier communication—also known as carrier connectivity—is an […]
Read ArticleHow HR Technology Elevates Employee Benefits Enrollment
Benefits enrollment can be a major stressor and time strain for HR staff. New hires are excited to learn about their benefits. They are sure to have plenty of questions reflecting their individual priorities and circumstances. Long term employees also need a lot of help during open enrollment periods, especially as deadlines get tighter. Is […]
Read ArticleNetchex Again Recognized as a HR Technology & Service Leader
It was a busy summer for Netchex. We grew as a company in both size and capabilities—with new employees, territory expansion, and introducing new product offerings (including NetPerks). With all that, we consider the last few months as a big success. So, we consider it icing on the cake that we also racked up a […]
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