How Can HRIS Contribute to a Business?

Most businesses, big or small, can benefit from a human resource information system, or HRIS. An HRIS makes it much easier to manage all facets of the human resources department. Many small businesses especially think that the cost of an HRIS might not be worth it. This couldn't be further from the truth. In this blog, we’ll outline why an HRIS for small business can make a huge contribution.

Help Employees Help Themselves

Your HR department doesn’t have time to be answering employee questions all day. With HRIS for small business solutions, your employees will get access to an employee portal that can answer most, if not all, of their questions. They can view their payroll, benefits, request vacation, download tax forms and more. This saves time for both the employee and the HR rep.

Automate Your HR Department

Many businesses think automating means that the need for an employee will be eliminated. Automation is more of a tool to enable better work than a replacement for human input. With an HRIS platform, the most tedious HR tasks can be automated so your HR team can focus on strategic work that matters more.

Help Employees Communicate

Emails, Slack and other communication platforms can cause employees to lose information and communications in the shuffle. Switching between communication apps constantly is not only a pain, but it also takes time out of the day. With an HRIS platform, all communications can be accessed from a central hub, connecting everyone like never before.

Analytics

An HRIS can also collect data and analytics about your business. These actionable insights allow you to see how your company is performing and where it could do better. Valuable data is hard to come by, but a good HRIS can compile this data for you and make it easily readable and parseable.

Choosing an HRIS for Small Business

If an HRIS for small business sounds like the perfect solution, be sure to find a platform that fits with your business. An HRIS platform can give you the tools you need to help your business grow, so make sure you also seek one out that gives you the ability to scale your platform with your business.

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Benefits of Using PEO for Your Company

Many companies can benefit from the services of a professional employer organization, or PEO. If you’re considering hiring a PEO to help your company, you might be wondering what the primary benefits will be. This is a common question — and a good one to ask. In this blog, we’ll talk about the best PEO benefit plans and why you should consider hiring a PEO to help with your HR and IT.

Save Time

One of the most common reasons to hire a PEO is to save your company tons of time. A PEO is able to take care of all of your HR processes for you. This frees you and your team up to focus on the myriad other tasks on your plate.

Save Money

Despite the fact that PEOs are paid services, they can actually save you money in the long run. When you’re a small or medium-sized business, every hire counts. You have a salary to cover, along with benefits, training and much more. The cost of hiring a PEO can easily be outweighed by the costs of hiring full-time staff members. Plus, the PEO service won’t need any training or onboarding. You simply hire them and start reaping the benefits.

And that’s not even diving into how much they can save you on benefit plans. The best PEO benefits plans will often be much cheaper than sourcing benefits on your own. This is because when you hire a PEO, you’re added to their network. Having a network of clients allows them to get drastically reduced prices on benefits plans. They then pass these savings on to your company. So not only is your HR processes being taken care of, you now have a better benefits plan at a cheaper price.

Compliance

Compliance can be hard to stay on top of, and errors can be extremely costly for small or medium-sized businesses. A PEO will take care of compliance for you, so you don’t have to worry about something slipping through the cracks or an error setting you back.

Choosing a PEO and the Best PEO Benefits Plans

The above benefits are just scratching the surface of what a good PEO can offer. If you’re looking to hire a PEO, make sure you find one that offers the above services along with the best PEO benefits plans possible. Once you start seeing the benefits and savings for yourself, you’ll be glad you made the decision.

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Benefits of an Employee Management System

Employee management systems are becoming increasingly important for modern businesses. Even if you’re a small or medium-sized business, keeping track of all the different aspects of your workforce can be difficult. An employee benefits management platform can make these processes much easier. Here are some of the biggest benefits you’ll see when you start using one of these platforms in your business.

Biggest Benefits When You Use an Employee Benefits Management Platform

Easier to Manage Your Workforce

An employee benefits management platform makes the administrative side of running a business much easier. Tracking employee information, updating it and keeping things organized will be much easier when you use a centralized platform.

Engage Your Employees

Employee management platforms can help you motivate your employees. With an employee portal that they have access to, they can see their goals and targets, their performance, their progress and much more. With access to visible metrics, employees will have a much better idea of how they’re doing and where they can improve.

Avoid Compliance Errors

Many employee benefits management platforms have tools that allow you to automate compliance and avoid human errors. This lets you send and update important employee documents as necessary, without having to worry that they’ve been overlooked.

More Security

Your HR department has a lot of valuable information about your employees, which makes it a prime target for cyberthreats. With a reliable employee management platform, you can ensure your employee information stays safe and secure.

Streamline Employee Benefits

With an employee benefits management system, all of your benefits will be accessible in one dashboard. This means health insurance; commuter, 401(k) and other benefits can all be localized to one system. This makes managing benefits much easier for you, and it’s much more convenient for your employees as well.

Choosing an Employee Management System

When it comes time to choose an employee management system, you’ll want to make sure that it offers all of the above benefits. Some systems are specific with what they offer — only specializing in certain areas, whereas others have everything you need (and more) all in one place. The choice of an employee management system is an important one, so make sure you take your time and weigh all of the pros and cons.

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What to Look for in a PEO

When your business is rapidly expanding, you might consider turning to a professional employer organization, or PEO, to help make scaling up easier. A PEO should provide you with services like HR, IT, benefits and more. But when it comes to actually choosing the best PEO service, you need to look at more than just the services that they offer. Here’s what else you should consider when deciding on the best PEO service for your business.

Things to Consider

Here are some things you’ll want to consider when choosing a PEO:

Your Needs: First, you’ll need to consider what your business needs a PEO to do. Are you needing to just outsource HR? Are you looking to get less expensive benefits? Once you determine your need, you’ll be able to match those needs with the best PEO service possible.

References: When vetting a potential PEO, it never hurts to get references. Seeing how they’ve helped other companies is going to be a great metric to determine if they’ll be able to help your business.

Service Offerings: Look at your potential PEO’s service offerings. Do they offer a full suite of PEO services? Are they only offering certain things? You’ll need to determine if they’re offering everything that you might need now or in the future.

Simplicity: A PEO is supposed to make your life easier, not harder. Make sure that the PEO is able to seamlessly integrate your business into their processes and start providing you with their services as soon as possible. Integrating a PEO into your business shouldn’t compromise your workflows and slow down your business.

Modernity: Not all PEOs are built the same. Make sure your PEO is designed to keep up with the modern work environment.

Choosing the Best PEO Service

With the above considerations in mind, you’ll be able to make a much more informed decision on what the best PEO service will be for your business. The choice of a PEO can be a difficult decision, but it’s also one that is extremely important. Once you find a PEO that works for you, you’ll be glad you spent the time to find a high-quality one.

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