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How are Cloud-Based HCM Systems Changing the Game for HR?
Organizations are always on the lookout for ways to reduce outlay while trying to achieve ambitious goals for growth and expansion. Cloud-based HCM technology, also referred to as HRIS, can be a game-changer for companies who want to improve the employee experience and increase efficiency. A well-utilized HCM system can also reduce the stress of…
An Overview of Cloud HCM Software and its Benefits
Once upon a time, an organization could buy HR and payroll software, install it physically on-premise and complete the subsequent required installation of updates as the product evolved. Time passed and the Internet grew up, becoming more sophisticated with the advent of online commerce, user interface advancements and a multitude of entertainment and social media….
Banishing the New HRIS Jitters: How Wise Can Help
It’s a fact: not all HRIS systems stay relevant or grow well with every organization. The average life span of an HRIS is around five years. Given all that an HRIS typically provides, which includes applicant tracking, onboarding, time and attendance, HR reporting and analytics, payroll, HR and benefits administration and learning management, most companies…
Setting Yourself up for a Smooth HRIS Launch
You’ve taken the plunge and committed to transforming your entire organization by purchasing a shiny new HRIS that has the power to increase employee satisfaction with self-service functionality, improve training and communication, enhance and automate payroll administration, access key analytics and produce incredible reports. Yet, if you don’t get the implementation of this new system…
The Benefits of Outsourcing Your Payroll Function
Among the many tasks that payroll professionals cite as frustrating, staying up to speed on ever-changing government tax regulations and the cost of correcting mistakes or paying penalties for errors are at the top of the list. Add to that the relentless and cyclical nature of payroll–it has to go out accurately and on time,…
Why Keeping Detailed Payroll Records and Reports is so Vital
Payroll is complicated, confidential and constant. The business of maintaining detailed records and reports on behalf of employees is highly regulated. The IRS cares, and so does the U.S. Department of Labor. Its Fair Labor Standards Act (FLSA) has rigid rules regarding recordkeeping that must be followed, and which are different for exempt and nonexempt…
Creating a Workplace that Supports Mental Health and Well-Being
The World Health Organization estimates that depression and anxiety cost the global economy one trillion dollars per year in lost productivity. They cite the following workplace factors as risks to mental health: Inadequate health and safety policies Poor communication and management practices Limited participation in decision-making or low control over one’s area of work Low…
Why Is Everyone Talking About Analytics?
Interest in HR analytics has been steadily rising for the past 10 years, which is no surprise considering how analytics-driven data can be harnessed to help sculpt corporate strategy and impact the bottom line. Would the ability to make data-supported decisions to attract, manage and retain key talent be helpful? How about boosting employee collaboration…
Four Keys to a Successful Implementation
A robust and useful HR/Payroll system (also called HRIS or HCM) can quickly elevate the effectiveness and success of both HR and Payroll. However, even the highest-rated system can create headaches or bottlenecks if poorly implemented or not fully adopted throughout the organization. Implementing a new system is a major undertaking. You can achieve a…
Do You Really Need a New System or Vendor?
HR and payroll professionals often become frustrated by the limited support they receive from payroll and HR system vendors. In fact, vendor support challenges are the primary reason that most companies seek out new systems. But an expensive and time consuming decision like changing your entire HR system is not always the solution.