HR Management Trend: Time To Roll Into 2017 With An HR Software

HR Management Trend

The HR software industry is growing faster than ever before. Despite limited budgets and IT resources, demand for automated human resource tools have increased exponentially in every sector. 57% of organizations are planning to make major HR software purchase in the next 18 months, as reported by Deloitte’s Bersin division. Cloud HR software vendors are providing excellent solutions to help small and midsize businesses in centralizing their HR data, streamlining processes and making workflows more efficient.

When it comes to human resource department, small and midsize businesses want to automate each of their processes or move to an upgraded and more efficient system.In past few years, small businesses have been impacted by the need to build a competitive workforce and manage the complete lifecycle of employees efficiently. No doubt, HR software industry has evolved itself to meet strategic demands of these organizations. Yet, these businesses are facing several challenges.

Challenges for Small & Midsize Businesses

Limited HR Staff

Due to limited resources, there is a lack of sufficient HR staff in a small organization. A handful of team members struggles to manage HR responsibilities while overseeing multiple cross-functional processes. A single HR person may be responsible for managing recruitment, leave, attendance, payroll, appraisals, disciplinary issues and more – all at the same time.

This could overburden HR team, cause stress for the team members, and even result in disordered management of human resource processes. Introducing an automated HR software is a better way to deal with HR workload, save resources, and run human resource management processes efficiently.

Compliance Issues & Complex Record Keeping

A human resource team deals with multiple issues on daily basis. Enforcing HR compliance is another important process that HR professionals need to intervene into.For each business, it is necessary to maintain taxation, insurance, labor law and health care documents in place.

With limited HR staff, managing multiple human resource processes could result in frequent data errors, recurrent employee records, and an unsystematic file management.These mistakes can cause processing delays and legal fines especially when it comes to compliance issues. A highly-functional online HR tool can reduce the errors and help HR in maintaining the records quickly and efficiently.

Identify Employee Performance Gaps

In absence of formal performance management system in SMBs, identifying real reasons behind performance gaps of the team members become difficult for managers and HR. Unclear work expectations, lack of training, knowledge gaps, low engagement and unawareness of organizational objectives cause low employee productivity. Organizations need efficient online HR tools that can continuously track the performance of individuals, capture their achievements, allows managers to review their goals periodically, support skill development, and do a lot more.

High Employee Turnover

No clarity of work expectations, the absence of regular feedback, inadequate pay and lack of career development opportunities lead to a disengaged workforce. Having unsatisfied, unhappy and disengaged employees at work reduces overall employee morale in an organization. And may become a reason for high employee attrition.

Since organizations are always competing to hire high-performing employees, retaining top talent becomes a critical task. Recruiting, hiring, onboarding and retention, all these painful areas for HR can be simplified with a reliable HR software.

The Takeaway

To alleviate HR burden on a small to mid-size business and to get high returns on investment, there is a need for HR automation.

Having a cloud HR software in place can help you with:

- A centralized employee database

- Reduce employee queries and speed up HR processes

- Clearly aligned employee goals with organizational objectives

- Transparency and timely employee appraisals

- Identification & recognition of top performers

- Leadership pipeline for succession planning

- Statutory compliance regulations as per government norms

- Hassle-free employee time tracking and leave management

- Efficient streamlining of recruitment processes

- Reports and analytics for better decision-making

By automating human resource processes, small organizations can reduce HR workload, save resources, empower managers with the ability to make informed decisions, attract and retain top talent. HR software for small business not only manages people-related processes efficiently but also improves overall business profitability.

 

Similar Articles

HR Management

Human resources management engages in staffing, employee benefits, training, and retention of employees through appropriate policies and practices. The motivation of HRM helps to achieve organizational objectives. Directions and support of the HRM to staff develop leadership approach and ensure exemplary work accomplishments. 

employees

Companies often concentrate on numbers, tactics, and end profits to achieve continuous growth and enduring success. However, the crucial factor behind every successful enterprise isn't found in data or calculations and is unfortunately often neglected – the employees who consistently bring enthusiasm, skills, and motivation to their work. 

office

Ensuring a transition for hires as they integrate into a company's IT ecosystem is vital. It helps them adjust to their roles quickly and sets the tone for their entire journey with the organization.

Proven Methods How to Improve the Relationship With Remote Workers

Remote work is becoming a hotter and hotter topic in recent years, ever since the outbreak of COVID. In fact, it was soon proven that many jobs can be easily performed from the comfort of one’s home, and that entire teams are much more productive working remotely. 

Job Recuitment Consultnacy

Recruitment can be a boring and moderate process. When so many candidates remain available for one job profile, the search process becomes more hectic. If you are looking for entry-level executives, you will struggle to figure out the best choice for your company.

10 Signs Which Indicate a Professional Deformation

Sooner or later, professional activity leaves a certain imprint on your personality. Your habitual patterns of behavior, character traits, way of communication, and even inner values ​​change. All these changes are the result of professional deformation. 

HR

Black Friday has been known as a great chance for consumers to stock up for great deals during the Thanksgiving Period. However, there is a new alarm and dampener for 2021's edition of Black Friday; There is a new Covid-19 variant B.1.1.529 which has its origin from South Africa and may start spreading.

interview

After you have attended an interview, you are waiting for the call and constantly checking your emails. You are excited to know whether you are going to be selected for the job. 

HR Must Develop Corporate Board-games

Everybody must have played a board game at least once. The most common board game could be a game of chess or snake and ladders. The endpoint of winning may be different, but the start of the game is usually the same.