With the latest pandemic, certainly all HR professionals are
encountering major problems in withstanding this battle with Covid-19 no matter
what line of business they work in, they have been taking decisions to protect
their staff, and ease the already stressful work environment affected by the
virus. And now, that the pandemic has slowed down, HR professionals are still
facing multiple problems that are universal in every human resources
department. We will list 3 major problems every HR team faces and how to solve
them effectively and with little to no cost.
1-Manual
Work
And when we say manual work, we mean still doing payroll and
attendance manually and offline, nearly every company now needs the internet to
make things easier and better for their workflow, yet many still stick to the
traditional ways refusing to follow up with the rest of the world and going
online, either internally or externally. Papers are subject to getting torn,
lost, or burnt, and they’re costly. Working manually consumes time and effort
that is better used for other tasks. On top of this, it can also lead to human
error.
How to
Fix it? By simply moving online! There are many systems and
applications today more than ever, systems for recruitment, systems for payroll
and other tasks (The best Payroll solution that every company should adopt!),
and other systems for attendance. We suggest you choose the best system that
works best for you and your corporation, and if you need help, our experts here
at CODERS can assist you with finding your solution. Some of you might be
familiar with Microsoft’s 365 programs such as Word, Excel, and PowerPoint, you
can start there and move up the latter with time.
2-Employee
Benefits, Tax, and Compliance Calculation
Many employees have changed jobs and career paths in the
last year because of the pandemic. Many people were forced to find new jobs
with companies that understood their needs.
Employee benefits have always been a top priority for HR
professionals. Benefits are vital in helping companies attract and retain top
talent.
While many small
businesses can’t offer a ton of unique benefits to set them apart from the
competition, they can offer more flexibility in the workplace to ensure their
employees have a better work-life balance.
Tax and compliance usually change and thus making sure
you're adhering to all relevant laws in your operation area is quite the
challenge for most HR teams. Failing to fully comply with laws and regulations
can lead to serious consequences for companies, including audits, lawsuits, and
even bankruptcy.
How to
Fix it? Concerning employee benefits, we suggest you discuss this
manner with the higher management in your company and set a standard
compensation and benefits plan for employees within their departments and field
of work. But with taxes and regulations you should always be updated on the new
rules and regulations; consulting a legal expert would be considered a good
start, but you have to continue with it. And the best and easiest way to stay
updated is to work on software that is always up to date with the rules and
calculations of taxes within your country, and if you work with a global
country with many different legalities and currencies, you need a global solution
for your payroll.
3-Payroll
Your staff love payday. In most cases, they rely on it to
happen promptly.
Whether you pay them weekly, monthly, or on a different
schedule altogether, it’s vital that they receive their correct wages at the
agreed time. Failure to pay on time is a breach of their employment contract,
and employees could bring forward a tribunal claim for unauthorized deduction
from wages.
The accounting team should be responsible for the processing
of payroll, but it’s up to HR to keep records and instruct them on how much to
pay.
How to
fix it? Use payroll software to keep track of all wages, and make
sure everyone receives payment on time. In addition, make sure your staff can
view your company policies regarding salaries, bonuses, etc. Always keep
policies in the company handbook, and email staff the handbook when they join
the business.
How to fix it? Use payroll software to keep track of all
wages, and make sure everyone receives payment on time. In addition, make sure
your staff can view your company policies regarding salaries, bonuses, etc.
Always keep policies in the company handbook, and email staff the handbook when
they join the business.
Do you
need a payroll solution that has proven its efficiency in helping great leader
companies across the middle east?
PayDay is a global payroll solution built on top of Microsoft Dynamics 365 Business Central. It helps streamline activities and integrates payroll with
associated business processes.
It’s easy to use and provides a simple interface that is
easy to understand, allowing you to focus on what matters most: your business.