An organization’s workforce is usually considered its most precious resource — because while exceptional people can overcome a shortage of process or technology, it’s much more challenging to forego having excellent people in place. Still, the best outcomes come when transcendent people are provided important technology and supported by meaningful processes. But the continuous flow of employees in and out of an establishment can make adequately and efficiently managing the support required at each stage of the employee lifecycle a challenging task for employers and human resources department. Fortunately, these HR technologies can assist with managing the employee lifecycle.
Applicant Tracking System
An applicant tracking method is an online platform that analyzes and streamlines the complete recruitment process — from sourcing to choosing — by permitting recruiters and hiring administrators to seamlessly govern every step of the process all from one electronic method, eliminating the never-ending paper pursuit of traditional recruiting.
Onboarding
It is stated that nearly, half of all fresh workers leave their jobs within the initial 90 days of employment. Businesses with successful onboarding plans, however, have significantly more skilled new hire retention rates. A vital component of a successful onboarding plan is removing the trouble of all that tedious paperwork employees have to perform.
Benefits Registration
Shifting from a paper-based benefits enrollment method to an online enrollment process begins with a wide array of benefits. Not only does an online benefits registration process save time, but it also provides employees the time and autonomy to make their elections, and assists reduce costly errors and errors.
Time and Presence
Online time and attendance programs not only decrease errors and help managers hold track of days of requests, but they also are largely more effective for employees to practice than paper-based time-keeping practices.
Payroll Handling
Payroll is one of the most important line items in an organization’s resources. Processing payroll also can be an example of the most time-consuming phases of an organization’s HR duties, and when it’s not done correctly, it can also be the root cause of some severe employee grievances.
eLearning/learning Management Practices
With the “skills gap” increasing as older employees depart the workforce faster than new representatives can fill their shoes, employee improvement initiatives and corporate training plans have become a priority not only amongst comprehensive employers but small and mid-size companies as well.