Companies that do not utilize some sort of human resources software are certainly falling behind the times. The digital revolution that we are currently in has changed nearly every aspect of life, some for the better, some not so much. Technology has provided a lot of new innovative ways to help companies deal with administrative duties such as managing employee benefits, employee onboarding training programs, the hiring of new employees, and punishment.
HR systems and software technology has been increasing and seems like that trend will continue. A low 13% of companies only currently have one HR software but 57% of companies are planning to purchase a new HR software in the next 18 months. These new software systems could help smaller companies do a lot more without hiring too many employees. They will be able to incorporate new online HR software to do administrative duties like training new employees, orientations on payroll, managing employee benefits, and hiring and firing employees.
About half of all employees report that one of the most important reasons they remain with their current organizations is because of benefits. There are many benefits out there that are not available to everyone, but job seekers do keep these in mind: vacation pay, holiday pay, healthcare, life insurance, dental care, paid personal leave, childcare, financial planning, and many more.
Regarding all these benefits, employees may be more likely to stay with a job they dislike because they are receiving important benefits, as opposed to rolling the dice with a new company that may not be able to offer as many benefits. However, the Patient Protection and Affordable Care Act requires that companies offer at least health benefits to all employees is their total staff number is over 50 full-time employees. Having an electronic HR software that will be managing employee benefits can be very handy for organizations.
These HR software systems are designed to help any company out with their administrative tasks and various other jobs. Whether it’s a small business with only a few employees, or a large corporation, utilizing these HR software solutions can help with any aspect of business.
