Automation has grown dramatically across many industries in the past several years, including human resources. Using automation is not just a way to free up time for more important issues. It can also ensure that your team is not allowing anything to fall through the cracks and that you have access to information and tools that your employees alone cannot provide. Ultimately, the ROI of HR automation turns out to be much larger than you think.
HR automation is the process of using software to take over some of the tedious, repetitive tasks that an organization’s human resources department has to perform on a regular basis, from record-keeping to recruitment, benefits management, and more.
HR automation helps free up the HR team's time to focus on more complex tasks that actually require a human touch, from dealing with employees who may need additional support to make critical decisions about the needs of the company.
There are a variety of HR tasks that can be automated, thanks to the latest technology. They include:
HR automation is growing rapidly. While it is always important to consider what features will work best for your business, taking a look at the latest trends can help you determine which decisions will work best for your specific needs.
Are you ready to start automating many of the HR processes within your industry? Make sure you incorporate these tips into your plan.
Automating HR tasks can have a higher ROI than you think. Across multiple industries, automation delivers an ROI of around 200%. The measurement of specific return on your automation investment, however, may not just be in concrete dollars. You may also see returns in other areas of your business.
There are some things that software simply cannot do for you, including actually interviewing candidates and helping you make the best choice about the one you need for your organization. However, automation can improve the employee selection process and help you make more informed hiring decisions with data.
Take a look at Crosschq’s solutions on the Talent Intelligence Cloud™ for example.
Finding the right candidate for your company is critical. Onboarding a new hire correctly can take as much as a year after the candidate joins your company, and a candidate certainly will not reach peak productivity for the first several weeks or even months, depending on the responsibilities you need that candidate to complete.
As many as 17% of employees will leave a company before their first month is out, and even more, will quit within the first six months. That can cost you an estimated $4,128 or more, (SHRM Human Capital Benchmarking Report), depending on the type of role you're trying to fill and how long you have to look for the ideal candidate.
With automated HR processes like the ones offered by Crosschq, on the other hand, you can decrease the number of employees who are likely to leave your company during those early days, and choose, instead, the ones who are likely to be a great job match.
How much time does your team invest in onboarding a new hire? Your HR team may need to spend 10-15 hours working with a new employee to get them onboarded and up to speed. An employee with skills gaps or who learns slower may spend longer adapting to the new business and may require more individualized attention.
Automated onboarding, on the other hand, can help you save a great deal of money on each candidate that comes through your doors. Not only can you use Crosschq Analytics to get a better idea of what skills your new employees may have both before they come through your doors and as they integrate with your company, but you can also use an automated solution to help improve their overall learning and strategies.
Instead of having to oversee it directly, your HR team can simply check on progress and see how employees are moving through those training modules and what they may need in order to be successful in the future.
These days, HR employees do not have to manage most employee scheduling and payroll tasks directly. With automated payment solutions, you can keep track of when employees have worked, any claims that they've made for reimbursement, and other critical elements of payroll, and then push out those checks automatically.
In addition, those systems can help manage to schedule and decrease the stress on HR employees. Instead of sitting down over a list of scheduling conflicts and requests for time off, HR employees can simply let team members put those items into the system. As a result, team members can request the time they need off, and HR can either approve or deny it, all without excess stress.
Most automated HR solutions, in fact, are designed to reduce stress for those key team members and put them in a better position to manage the more personal challenges that employees may bring to them each day. As a result, they're better able to provide for employee needs, and, in turn, you'll have more overall satisfied employees.
Those satisfied employees are more likely to stick with your business, feel engaged at work, and ultimately increase their productivity, all of which can have immense benefits to your business that can be difficult to measure directly.
Using automated HR solutions like the ones offered by Crosschq is an excellent way to streamline many of your processes and let your HR team focus on other, more important elements of your daily responsibilities.
Check out our free demo today to learn more about how Crosschq can benefit your business.