No matter the size of a company, the amount of work that goes into managing a business is astronomical and more than any one person can handle. While dealing with clients and overseeing the efficiency of operations is a huge part of running a company, one of the most difficult and extensive tasks is the management of employees.
Not only must an administrator ensure that employees are completing their work but must make sure that employees are content with their positions so as not to risk worker turnover. One common way that has proven to be good incentive for employee loyalty is the addition of benefits. Up to 50% of employees have cited employee benefits as a critical reason for remaining with their current employer.
To make sure that workers are receiving these benefits, and in a way that doesn’t cost the company too much money, human resource divisions must oversee all of the processes involved with managing employee benefits and keep up to date with different plans and the status of individual packages. To make it easier on a human resources department and to ensure that all aspects are taken care of, human resource software has been developed to expedite the process and take some weight off the shoulders of employees.
In the past, multiple different systems and programs were necessary to handle all of this information. Even now, only 13% of organizations use one single human resource software system for all employee benefits solutions and transactions. On average the remaining companies use around three or four different systems to segment human resource benefits administration. Their is usually one for human resource management, one for learning purposes, as well as another for recruiting potential employees.
It’s detrimental for a business to be prepared to efficiently handle benefits considering it’s impossible to predict when an employee might need to take advantage of them. There are a number of reasons that employees can take off extended periods of time according to the guidelines put in place by the Family and Medical Leave Act. Workers are entitled to up to 12 weeks of job-protected, unpaid leave during any 12 month period for either the birth of a child, to care for an immediate family member or spouse, or self-care for a serious medical condition.
Without the procedures in place to handle and coordinate these situations, entire operations can be thrown off balance. Human resource software can store all of this information and organize operations so as not to impede other employees. The more well organized a system is, the more cost-efficient and productive it will be.
