Benefits Administration Archives - Netchex

HR Technology: Why NOW is the Right Time to Switch to Netchex

The HR calendar is full year-round. From open enrollment to taxes, there is so much to plan, analyze, and report. HR professionals barely have time to breathe, much less get anything else done.   Thankfully, HR technology is designed to make the administrative side of HR easier, smarter, and more efficient year-round, not just at year-end (but we are here to help then too!).  […]

Read Article

Benefits on the Go: Why Mobile-Friendly Benefits Administration is Required

We’re all moving through the world cell phone-first, both in our personal lives and in business. Mobile-friendly sites and apps have become the default. So, when your employees want to check their benefits, they’ll likely use their phone for convenience. That means mobile-friendly benefits administration is not only preferred, it is necessary. Americans check their […]

Read Article

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 […]

Read Article

The 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 Article

10 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 Article

How 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 Article

HR 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 Article

10 Ways HR Technology Helps Manage Labor Cost More Effectively

In many industries, labor cost is one of the biggest expenses for a business. According to the Bureau of Labor Statistics, wages and salary costs make up about 70% of employer costs for employee compensation. The remaining 30%of costs go toward benefits. In a period of inflation and rising wages, how can your business manage […]

Read Article