Human Resource Management Softwares (HRMS) solutions are an invaluable tool for HR departments for increased efficiency. While most HRMS offer advanced features that suit most organizations’ requirements, they are also available in the form of Software-as-a-Service (SaaS) solutions.
Key Features of A Good Hrms
While every company tends to manage HR in their own unique way, here are a few important features to keep an eye out for in any HR software solution:
- Applicant Tracking (AT): This is crucial for onboarding new employees and a proper HRMS offers AT tools that allow you to track candidates from their very first interaction with a representative of your company till the end of their time at your company.
- Benefits Administration (BA): Benefits administration can be very basic or exceedingly complex depending on the company and individual employees. A good HRMS offers a smooth and simple Benefits Administration, which aids in attracting and retaining the best talent for your company.
- Scheduling and Shift Planning: This is an especially important feature of your HRMS if your company’s operations involve multiple shifts. Using an HRSM based solution for shift planning offers more flexibility, as well as automatic integration with attendance and payroll. It can also be designed to allow participants to be more independent when it comes to shifting, dropping, or picking up shifts.
- Performance Management: Evaluating employee performance is an important responsibility of the HR department and it is important to select an HRMS that helps facilitate your company’s unique performance review processes.
- Online Learning: Effective training to help improve the performances of employees goes a long way in not only improving the company’s overall efficiency but also in retaining talent. To optimize this, it is important to select an HRMS that integrates in a smooth manner with the online learning platform that you are planning to offer to your employees. At the same time, it should give you sufficient tools to evaluate their learning.
- Integration: Ease of integration with your existing systems and software is essential for any good HRMS. Fortunately, most options available today offer simple integrations or open APIs.
- Security: With your HRMS having access to valuable employee and company data, and most systems being cloud-based, it is important to consider the security protocols in place to ensure adequate protection. This includes at the very minimum, role-based access controls, and the ability to encrypt the data.