Tracking the Employee Lifecycle
If you are a business owner, you know that your employees are your most valuable resource. Part of effective management is having accurate data on your employees safely stored in a secure format, and one way to accomplish this is through a computer-based human resources management system (HRMS). These systems have the ability to track the entire employee life cycle, including recruitment, hiring, training, employee data, timekeeping, compensation, and benefits. Below are some highlights of how an HRMS can benefit your company.
An HRMS can help to streamline the entire recruiting and hiring process for your Human Resources staff. Modules are available that will sift through submitted resumes and automatically remove those that do not meet minimum job criteria from consideration. Additionally, the system can be programmed to automatically data enter information on applicants for review and follow up.
Your company can use an HRMS to provide employee training and track its completion. It can also be used to bring your employee performance review system online.
If an employee’s attendance is a factor in their payroll, you can use an HRMS as a means of tracking their time and guaranteeing their paychecks will be accurate.
A human resources management system can house employee contact information, age, race, gender, social security number, vacation days, and total time with the company. It also allows you to quickly and easily run reports on any aspect of your employee data.
Overall, a human resources management system can create efficiency in your workforce by automating details of your business that would otherwise take hundreds of man hours. This allows your Human Resources staff the opportunity to spend more time on recruiting the very best employees and providing them with superior training and support.