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The hallmarks of great Human resources management are effectiveness and efficiency.
HR programs and solutions that provide tangible value can increase morale and employee retention, as well as saving time and bandwidth on tasks throughout the entire project timeline.
The best HR solutions are only as good as their implementation however, and that’s why so many companies look for intuitive, scalable, and proven human resources management software solutions.
It’s not always easy to find what you want, though.
We’ve put together some of the most in-demand features and functions to help you determine your ideal HR software solution for your business.
In this piece, we’ll look at:
- Key Functions, to help you shop and purchase the perfect solution for your situation
- Compliance management, to keep you in the know and on-side with all regulations and legal requirements
- Technology for Improved Human Resources Management, and how the right software can revolutionize your HR processes
Key Functions
Most people understand the broad strokes of Human Resources, but the actual processes are often more nuanced than legacy systems can keep up with nowadays.
The sheer volume of data that many companies produce can be massively daunting to workers, and take up immense amounts of time and energy.
With features like automation and advanced analytics to capture key metrics, you won’t miss any of the must-have information generated and captured by your HR department.
HR Analytics
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 broader trends.
Read more at HR Analytics
HR Data
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 argument?
Read more at Reporting HR Data
HR Reporting
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 as their productivity.
Read more at https://netchex.com/how-technology-makes-hr-reporting-and-analytics-easier/
HR Organizational Charts
Developing an org chart may highlight problems in the organization’s communication and workflow, but not all charts have the same goals. Discover what exactly is an organizational chart, different types, how they work, and how they can benefit your organization.
Read more at HR Reporting & Analytics Technology
Compliance
No one wants to deal with fines and lawsuits.
Effective HR management will reduce the risk of professional disputes and issues ballooning out of control and becoming even bigger problems.
With the right software in place, it’s easy to share and refer back to HR policies that keep your company and your workers compliant with labor laws and regulations.
HR Policies
The HR compliance landscape is continually evolving. Businesses have no choice but to keep up or become subject to fines and other penalties. Company leaders aren’t always aware of (much less fully understand) their company’s compliance needs.
Make sure your business is fully covered with these essential HR policies. Include these 20 must-haves in your employee handbook to avoid unnecessary conflicts.
Read more at Essential HR Policies
HR’s Role in Compliance
HR compliance is critical for both small and large businesses. HR must help their companies stay up-to-date on all local and federal laws and regulations, as well as industry standards and best business practices. By creating and following internal guidelines centered around compliance, HR can ensure the organization is safe from audits, fines, lawsuits, and other negative impacts to the business.
Read more at HR Compliance
Technology for Improved Human Resources Management
How HR software works
Human Resources is a broad term applied to the department within an organization that is responsible for the management of employees as assets of the business—sometimes referred to as human capital. Just like any other business asset, the goal is to maximize the effectiveness of employees, while reducing risk and maximizing return on investment (ROI).
Read more at How HR Works
HR Technology: Why NOW is the Right Time to Switch to Netchex
If your current HR technology doesn’t make your job easier and company run smoother (or if you have yet to even try out HR technology), then NOW is the perfect time to switch to Netchex before everything else overwhelms your time.
Read more at Switching to Netchex
HR Data Integration: Streamlining Data with HR Technology
A piecemeal approach to technology can lead to some big problems, especially when you’re building an HR system. Sure, you can find a different software provider for every solution, but there’s little hope that they will work together.
With HR software, data integration is an essential measure of software compatibility. This is why integrated technology solutions are so important—and why true single source technology is really the only way to go.Read more at HR Data Integration