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 […]
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The Benefits and Must-Have Features of Employee Self-Service Portals
Employee self-service (ESS) is a labor-saving HR technology solution. ESS allows your employees to access their own employee information and resolve tasks that might otherwise require a manager or Human Resources personnel. Employee self-service delivers a common-sense need for employees to be able to perform simple tasks for themselves. This saves everyone time and hassle. […]
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Human Resource Management: How it Works, Main Objectives, and HR Technology
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). […]
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Payroll Processing Done Right: In-House vs. Outsourcing
How to handle payroll processing is a question all businesses must consider. Small business owners might be able to manage payroll themselves, but it takes time and is susceptible to errors. Medium and large businesses can justify hiring a dedicated HR professional, but time, errors, and cost are still less than ideal. The right software […]
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Payroll Software Guide: Key Features and Benefits
You certainly know what payroll is. You might even know all that is involved in the payroll process. But did you know that payroll software can make the payroll process easier and more efficient for your company? Check out our insider’s guide to payroll software, including key features you need and real-life business benefits. What […]
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