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3 ways outdated payroll processes hurt your business

Insperity

Payroll is a top priority for any business. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. Compliance risks.

Payroll 171
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7 common HR technology challenges and how to overcome them

Insperity

Small and mid-size businesses share many challenges when it comes to HR technology. one system for payroll, another system for time tracking and another for employee benefits management), to disruptive software upgrades and limited reporting capabilities. So, what common challenges can new HR technology help your business overcome?

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HR technology: Integration with legacy systems done right

Insperity

Well, it’s official – HR technology integration is a must. Integrating HR technology with your legacy systems could fix so many issues. Let’s say your goal is to be able to take a 3,000-employee company, run payroll for every single employee and finish the process in less than 10 minutes. Well, yes and no.

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Streamlining HR administration: Enhancing efficiency and focus

Insperity

HR technology : Systems that store and track employee records and data, automate processes, and perform advanced functions for efficient HR management. These could include things like benefits enrollment, new hire paperwork, time and attendance tracking, vacation requests or payroll administration.

Payroll 255
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What’s the purpose of human resources (HR)?

Insperity

The bare minimum HR functions any organization should have in place are: Recruiting and interviewing Processing payroll Enrolling employees in benefits and administering benefits programs Performance management and training Disciplinary actions and terminations. Without a doubt, every organization needs an HR presence. HR tasks vs. strategy.

Legal 303
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Furlough vs. layoff: What’s the difference, and what do employers need to know?

Insperity

When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. if automation technology or artificial intelligence is replacing a staffed position), this may be called a reduction in force (RIF) but is simply a layoff using a different term. PTO payout.

Payroll 241
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6 big soft cost savings associated with HR outsourcing

Insperity

Wellbeing Added together, all these soft cost savings can have a huge impact on your mental health and peace of mind. The decision of whether to hire an HR outsourcing service really boils down to the quality of life you wish to have as a business leader.