In any business, the human resources (HR) department can ideally contribute toward saving time and money. The use of HR software has continued to grow over the years, and this trend is likely to continue. In a survey by PwC, 74% of respondents said they envisage HR tech spending increasing. As an SME, you may not see the relevance of HR software. After all, you don’t have many employees. However, HR software can save you money in many different ways.
1. Switching to virtual onboarding
Orientating and training new employees can now be done quickly and efficiently while also guaranteeing that all new hires get a unified message about your business and expectations in their job role. Training materials, whether PDFs or videos, can be easily uploaded and available as well as answers to frequently asked questions so new hires can look back for answers as they get to know their role. Instead of days spent going over an overwhelming amount of paperwork, HR professionals can be freed up as onboarding is automated and at the new hire’s pace.
2. Reducing paper document
Anyone in HR management knows the amount of paperwork that goes into the job. Employee agreements, schedules, benefits, — the list goes on. No matter whether the staffer in question is an intern or high on the management chain, they create a paper trail with every move they make.
So the question is, “What is the smartest way to tackle that challenge?” Perhaps it’s time to consider a paperless human resources solution. It will take your business to the next level and help you to achieve better clarity, organization, and efficiency.
Up until now, you and your HR department have likely invested considerable time in creating, recording, and filing physical records. These tasks can quickly overwhelm anyone and make additional responsibilities difficult to complete. If you are already considering automating your HR processes, however, you are riding the wave of the future. The trend is clear: data from more and more HR departments are making its way online and onto the cloud in a highly secure fashion.
3. Proactively Managing conflicts
How you handle a conflict that arises in the workplace can make a difference in how employees view your company going forward. Human resources professionals are often tasked with mediating staff issues and working to provide a solution that everyone is happy with can be quite a challenge.
You need to find creative and strategic ways to resolve employee conflicts that are beneficial not only to the worker but also your organization. Allowing both sides to be heard, remaining transparent in your decisions, and working to find solutions that make both parties happy can make you better equipped to handle problems as they arise at your company.
4. Focus on employee retention
Employees are the most crucial assets of an organization. They are the reason why businesses flourish so much because they bring more customers to a company and up their profits and revenues. The most immense responsibility of moving the company forward falls upon the shoulders of the staff. The managers should do everything they can in order to make them happy and satisfied with work. It is the top management’s duty to make sure the plants they sow in the organization in the form of their workforce don’t wilt. They should focus on what drives employees to work and motivates them to perform their duties and help them achieve the goal they are trying to achieve by doing everything in their hands.
They should allow them to differentiate between their personal and professional goals and make sure they also aim for the former while achieving the latter. By providing the workforce with whatever they need and supporting their demands, they would want to stay in the company and up the retention graph. This also saves the business time and money a great deal without them having to lose talented employees from the company. Because the consequences of losing an employee can be adverse to both the personnel as well as the managers, it is advisable for them to protect the staff at any cost because it will be a bad rep for the company if not done so.
5. Automating Employee processes in the HR department
HR professionals have the potential to make a big difference in their organizations if they have the time and resources to focus on what matters most, that is. For many HR departments, all the benefits, questions, time-off requests, hiring tasks, and more leave barely enough time to breathe, let alone think about strategy.
That’s where automation comes in. With HR software on your side, many of the most time-consuming HR tasks become fast, easy, and automatic, giving valuable time back to your HR team so they can focus on people. In this article, we’ll break down the incredible benefits that come from HR automation across your organization as well as benefits of automating leave management.
6. Utilizing Employee self-service
As an HR professional, you probably spend a lot of time on daily tasks, like capturing new employee information, dealing with leave requests, and updating performance data. These tasks might often leave you time-poor, but self-service HR tools can help to streamline daily processes, such as scheduling interviews and making shift changes, giving you more time to work on tasks that grow the business.
Time is money, and if managers or business owners are spending time on HR processes, it is time not spent on projects or business development. With HR software, you can provide employees with a self-service system, where they book their holidays, find your staff handbook or their contract, etc.
Self-service functionality can be a real timesaver for business owners. The initial investment is better than continuous time wasted on HR admin management throughout the month. The more employees can do for themselves, the better it is for company profits. Read more on Benefits of Swifta Employee Self Service.
With the modules on SwiftaHR, you can fully own and automate your HR processes.