HR technology trends for 2016: 7 Features to Look for in HR Software in the upcoming year
HR Management Systems (HRMS) have become powerful tools for business, by simplifying the way HR departments are run. Long gone are the days when staff members had their maternity leave approved after their baby was born due to delays in the HR chain.
HRMS cut down on the resources lost in various HR processes. Adopting the right HRMS can keep your HR department lean, flawless, and highly efficient; however, this is only possible with the right system. Not all systems are created equal.
So then, what features should you look for in an HRMS? Here are seven critical features to consider:
1. Core HR Functions
A human resource system should be able to handle daily HR functions including:
· Performance appraisals
· Leave management
· Payroll functions
· Attendance register
Attracting the right talent has the potential to transform your business. Look for a system that helps you simplify the recruitment process by providing tools to assess interview tests, pick keywords from CVs, and establish a database of potential recruits.
3. Compensation and Remuneration
Invest in HRMS that automate staff payments and manage the issues around remuneration. Overtime allowances, per diems and other payments should be generated automatically by the systems through input from other features in the system such as time management.
4. Time Management
Your staff gives their time and skills in return for payment. The right HRMS ensures your business gets time and attendance right. The system should have functions punch in and out, record breaks, etc. It should also monitor that Customer Service Level Agreements are being met.
5. Performance Assessment
An effective HRMS has an integrated Learning Management System(LMS) that gives you the ability to assess staff performance to make the right decisions based on performance. This instills a sense of fairness in the review and promotion processes by letting each member feel that he or she is getting the right dues.
6. Learning Management
As cutting edge skills keep businesses ahead of the competition, improving your staff’s skills should be a priority.. The system you choose should have the capability of assessing staff skills, identify gaps in capability, and present potential remedies.
Issues with promoting the right staff at the right time can be a big headache for HR managers the world over. With the HRMS, this should not be the case. The system can use the input from its various tools and functions to analyze attendance, skills, performance, disciplinary issues, etc. The analysis helps HR managers make the correct decisions regarding promotions and other succession issues.
As a HR professional, installing the right system will help you improve the performance of your department and do its share for the success of the business. Given these considerations, make 2016 a year for positive change as you pick the right system for your business.