It’s no secret that most Human Resources departments are spread absolutely thin. With the dozens of daily questions about benefits, the time spent finding and managing new hires, and the leagues of administrative paperwork, most departments simply can’t dedicate their time to the stuff that actually helps attract and retain top talent, the heart and soul of a growing company. According to a study by Kronos and the Human Capital Institute, 57% of HR leaders believe strapped departments are a major barrier to improving the onboarding process -- but what if there was another way?As a people-focused department, HR isn’t known for its technology -- but that doesn’t mean the technology doesn’t exist. The truth is that automation, though vastly underutilized, can make it easier for departments to handle the busywork, so they can dedicate their time to working with the talent.
Automation Speeds Up Payroll
Payroll takes a lot of effort, especially at a large company with a ton of employees and contractors. All the time HR spends chasing down invoices, reporting, or double-checking calculations could be spent on, quite literally, anything else. This is why so many companies have turned to automation software specifically for payroll.The benefits of automating payroll stem way further than lessening HR’s burden. It also reduces errors by simultaneously calculating taxes, deductions, overtime, bonuses, commissions, and any other pay variation you may have to otherwise manually figure out. Fewer errors mean less time spent correcting them (and less annoyed employees!). Automation also helps keep and save clean records in the event of an IRS audit.
Automation Can Find Better Candidates, Faster
There’s a reason PwC found that 49% of employers are planning to increase their investment in recruiting technology. Recruiting is About struggle finding qualified candidates, but it’s a lot more difficult when strapped HR departments are doing the searching on their own. This is where automation comes in.Automation can help streamline the recruiting process by not only organizing paperwork but utilizing artificial intelligence to evaluate and screen candidates so you can engage the talent in the least amount of time. The truth is that the most elite workers spend about 10 days on the job market, so the faster you can put yourself on their radar, the better chance you have of making a key hire. In addition, many HR departments in quickly growing companies have a lot -- and I mean -- of roles to fill. This puts a strain on strapped departments whose teams haven’t yet caught up with the company’s overall growth. By increasing HR’s bandwidth, automation makes it possible to hire for numerous roles simultaneously, which could save you thousands when it comes to the cost of vacancy.
