Doing More for Less with HR Technology ToolsImproving Results and Lowering Costs
If you’re like most HR managers, you also face several business challenges that compound the time and energy crunch you’re facing:
- Succeeding with limited HR resources. Many small and mid-sized businesses have limited staff and resources. You alone, or a small team of colleagues, may be solely responsible for benefits administration, payroll, routine HR administration, and more. You need better tools to track important employee information and to automate HR and benefits transactions so that you can devote more time to your most important duties—employee relations, fostering a good work environment, and providing employees with training and career opportunities.
- Managing compliance and the risk of litigation. It’s difficult to stay on top of the myriad of state and federal workforce laws, regulations, and reporting requirements to protect your company from fines and penalties. You also need to communicate with and train both managers and employees so that the company is not at risk for expensive employee lawsuits.
- Ensuring accurate and timely payroll. Paychecks that are late or have errors cost your company money, hurt employee morale, and undermine your credibility with them. Federal, state, and local payroll taxes are complex, and missing the filing and payment deadlines can incur fines, late fees, and an increased chance of audits for your company.
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