According to a recent study, engaged employees have productivity rates that are 21 percent higher than those of non engaged workers. Organizations also enjoy a 65 percent lower turnover rate, a 48 percent higher safety record, 37 percent lower absenteeism, and 22 percent greater profitability.
Effective use of human capital management technology can help organizations increase employee engagement against all odds by empowering employees to take a more active role in HR and scheduling activities, take advantage of training and professional development opportunities, and get the continuous feedback on performance required to motivate and encourage innovation.
Effective use of a human capital management technology can help organizations reduce unnecessary stress and fatigue that can compromise safety.
Scheduling tools can be used to align each worker to the job ensuing that both employee skills and work preferences are taken into account. Additionally, automated timekeeping rules ensure appropriate rest periods and breaks are taken and exception reporting helps ensure that burnout is monitored and employees are alert and productive on the job
We already covered key benefits of a cloud-based HCM system, which includes employees with real time access to the their time and pay records so they are confident that they're paid accurately and fairly.
A unified HCM software system minimizes costly compliance risk and employee grievances with tools that automatically enforce labor laws, union rules, and company policies for fair, equitable treatment of all employees and use the scheduling and self service components to offering equal opportunities for overtime to eligible employees.
Use scheduling tools to ensure you're taking into account availability and preferences when scheduling shifts and make use of employee self service and time off planning tools to ensure your employees get the vacation and personal time needed for a healthy work / life balance.
Drive productivity and reduce absenteeism by giving employees mobile access and the flexibility to easily view schedules and swap shifts when needed.
Create a culture in which employees understand how their performance impacts the business and their feedback is used to drive continuous improvements. Achieve better operational results by engaging employees in improvement discussions and giving managers tools and data visibility to focus on employee performance and development opportunities
Effective use of human capital management technology can help organizations increase employee engagement. By providing employee self-service applications and automating processes such as time and attendance tracking, scheduling, human resources, and labor analytics.
Employers can can empower employees to take a more active role in HR and scheduling activities, take advantage of training and professional development opportunities, and get the continuous feedback on performance required to motivate and encourage innovation.
Engaging employees is a challenge that can be made easier by implementing HCM software solutions. Inflection HR's flexible and and affordable cloud-based payroll software, time and labor, and human capital management (HCM) technology solutions that include functions like employee and manager self-service, transparent timekeeping, scheduling, and absence management, mobile application and device independent accessibility. This is human capital management in the 21st century.