HR Best Practices to Make Your Business More Efficient

Highlights

  • HR best practices guide businesses through hiring, managing, and retaining talent.
  • Offering a competitive benefits package and automating administrative tasks should be among the top priorities for your HR team this year.
  • At ShiftableHR, we support businesses across all industries with personalized solutions for payroll, time and attendance, benefits, and other HR requirements. Contact us to get started!

HR teams are often bogged down with everyday tasks, from tracking employee’s work hours to ensuring payments are processed accurately and on time. With so much going on, finding focus can be quite a challenge. HR best practices can give your team direction, by showing them where to focus on this year.

If you think your HR processes and strategies need improvement, you are just at the right place! Read on to uncover the key HR best practices your company should follow to be more efficient and productive.

Let’s get started!

1. Incorporate Payroll Software to Save Time and Improve Accuracy

Dealing with payroll is a very time-consuming task. From crunching numbers to handling deductions and taxes, it places a heavy load on your HR team. On top of that, manual payroll processing is also highly prone to errors, leading to inaccurate or late payments.

So, how can you make payroll more efficient?

Outsourcing payroll to a specialized partner and adding automated software can save time and streamline your entire payroll workflow.

Here’s what to look for in a payroll service:

  • Automate key aspects of the payroll process. Automated payroll software lets you set up automatic calculations for salaries, taxes, and deductions. This eliminates manual data entry and reduces the risk of errors.
  • Integrate a time-tracking solution. By integrating a reliable time-tracking tool, you eliminate the need for manual input of employee work hours, reducing the likelihood of errors and ensuring that payroll calculations are based on precise and up-to-date attendance records.
  • Ensure compliance with tax regulations. Payroll software often comes equipped with features that keep you up-to-date and compliant with ever-changing tax regulations. Configure the software to automatically adjust calculations based on the latest tax laws and regulations, reducing the risk of errors and penalties.

2. Design a Strategic and Competitive Benefits Package

Your employee benefits package is the secret weapon to attracting and keeping the best talent in the market.

The perks and benefits you offer can be the deciding factor for candidates when they receive a job offer.

However, providing high-quality benefits often involves a series of complicated decisions — especially for small businesses with limited budgets.

Keep this in mind when designing your benefits package:

  • Personalize benefits to the diverse needs and preferences of your workforce. Conduct surveys or engage in one-on-one discussions with employees to understand their priorities. Whether it’s flexible working arrangements, wellness programs, or specific healthcare options, a personalized approach demonstrates that you value the individual well-being of each employee, which leads to higher satisfaction and engagement.
  • Partner with a specialized benefits provider. Joining forces with a partner gives you access to an expanded set of benefits for your employees at a more competitive rate. This strategic partnership allows your HR team to stay focused on core responsibilities while tapping into the expertise of professionals dedicated to optimizing and managing your employee benefits program.
Learn How to Design a Competitive Benefits Package for Your Employees

3. Empower Your HR Team With a Cloud-Based Software Solution

HR teams deal with large amounts of data, from employee information to performance metrics and compliance records. However, having this information scattered across different locations can lead to inaccuracies and considerably slow down your daily processes.

With the right technology in place, all your HR data can be centralized, making your operations smoother and faster.

Consider this before investing in a HR management solution for your business:

  • Automate processes and workflows. Look for a cloud-based HR software solution that offers workflow automation features, allowing you to create efficient, standardized processes. Automation enhances efficiency, minimizes manual intervention, and ensures tasks are completed in a timely and consistent way.
  • Integrate employee self-service capabilities. Self-service portals reduce the administrative burden on HR teams by allowing employees to independently access and update their personal information, view pay stubs, request time off, and participate in training programs.
  • Ensure compliance with data protection laws. Stay informed about data protection laws, such as GDPR or HIPAA, and implement measures to ensure that your most sensitive HR data is handled and stored securely. This includes adopting encryption, access controls, and regular security audits.

HR teams are always seeking the perfect balance between strategic initiatives and day-to-day administrative tasks. By embracing HR best practices, they can pinpoint key areas to concentrate on, improve their processes, and proactively tackle any obstacles that come their way.

At ShiftableHR, we help businesses across all industries organize and manage payroll, HR, time and attendance, benefits, and more. With a personalized approach and leading technology, we make daily HR operations a breeze, so you can focus on higher-impact initiatives to grow your business.

Contact us to learn how we can support your HR best practices and goals for this year, while boosting efficiency!


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