Thanks to the emerging human resource (HR) technologies, companies have a way to sift through a number of applicants to find the best fit, keep track of the payroll, or update their HR database. HR software has found its strategic niche to streamline various HR functions for hiring managers, recruiters, and staffing firms. One such technology is the Human Resource Information System (HRIS).
If you want to input data for tracking, managing, and automating core HR functions, then HRIS is the software for you. It’s a platform that features a database tied to individual employees, departments, or the whole company.
What is the purpose of HRIS
What your business needs is an HRIS that provides information you can use for tracking and analyzing company-related data that you get from your current, former, and prospective employees. This way, you can check which HR strategies work or don’t work for your company. Choose a customizable HRIS that will meet your current needs and will adjust to your future requirements.
What are the features of HRIS
An HRIS usually has the following features, namely:
Recruitment and retention
Your HR team holds the crucial role of ensuring that the talents they find and acquire are well-trained and engaged. This feature displays an employee’s journey throughout their employment in your company.
Time and labor management
Your HRIS will let your employees record their attendance. It will also let them file vacation or sick leaves which your managers will verify and approve later on. This data will automatically reflect in their payroll, thus allowing your HR department to track attendance and punctuality.
This lets your HR team pull employee hours from the database upon which compensation deposits are based. This feature reduces the risk of payroll errors, as well as improves tax compliance for your business.
Your employees can track the status of their benefits received from the companies, such as leave time used, leave time accrued, bonuses received, etc.
What are the benefits of HRIS
Google is one of the companies to massively reap the benefits of using HRIS. The company has ranked first in the list of best companies to work for. Google gives employees free meals, lets them take a snooze in sleeping pods, and provides generous allowances. These policies were based on the data that Google collected about the factors that could increase employee satisfaction.
The features mentioned earlier pretty much show the benefits of HRIS. For instance, letting your staff update their own benefit details or personal information already reduces your HR team’s workload, giving them more time to perform fr more strategic functions.
HRIS is a useful tool which you can use to work with your HR team on the best strategies for employee management, career development and growth, and incentive programs. Through this tool, you can let your managers access all the information they need to find out how their staff is doing, in terms of performance, just for a start.
HRIS’ many benefits can cascade throughout your organization and help you tap your workforce to leverage your competitive advantage. It is one reason why HR leaders should seriously consider the use of HRIS.