“Not recognizing what’s important to employees can translate into more job dissatisfaction, lower productivity, and higher voluntary turnover,” says Rosemary Haefner, VP of HR at CareerBuilder.
Denver,CO (PRWEB) July 31, 2015
Employee retention is a concern for most human resource teams. Finding talented people to grow a business is difficult, keeping them is critical. EBS has expanded functions within the PaySuite HRMS system that now allows employers to more proactively monitor and manage employee retention.
The Human Resource department is the heartbeat of any organization. They are the ones tasked with managing the organizations’ human capital. As the saying goes, “Each day, your most important asset walks out the door.” The question is what keeps them coming back? Without attracting and retaining quality employees, how can a business succeed? Each business has to examine what tools it has to give substance to its HR programs?
Jim Duty, owner of EBS, said “The businesses we work with understand that PaySuite is more than just an HR/Payroll solution. They recognize the ability for PaySuite to change the way they do business and employee retention is usually high on that list.” PaySuite offers a unique perspective for users by using the built-in tools to proactively manage critical aspects of any business to include how employees take advantage of the benefits being offered. While economists would argue that the rate of pay is one the highest determining factors when considering employee retention, APA surveys suggest the benefits packages are just as important. “As providers of HRMS solutions, we are driven to develop tools that enable our clients to better understand their workforce and what motivates them.” Duty said.
In 2014, CareerBuilder conducted a survey among over 3,000 workers to determine what people value most in the workplace and why they stay with their employers. Almost half said the benefits kept them coming back, this number was slightly higher even that those that cited being happy with their salary as the reason for staying. “Not recognizing what’s important to employees can translate into more job dissatisfaction, lower productivity, and higher voluntary turnover,” says Rosemary Haefner, vice president of Human Resources at CareerBuilder. “It’s critical that companies regularly take the temperature of their workplace and survey employees to identify where the company excels in providing a positive employee experience as well as opportunities to improve.”
Each organization is different and each requires a unique solution to manage their human capital and the benefits that are presented to their employees. For some, pay is the most important factor when it comes to remaining loyal to an organization, for others it’s time off; fitness centers, daycare, and dry-cleaning services are given a fair amount of attention and still others provide career development opportunities as an effective way to ensure their employees are happy and engaged. No matter that circumstance, PaySuite provides the power and flexibility an HR department needs to help organizations understand what is most critical for them. Training modules that track participation rates and program costs; Attendance modules that help better understand how much time people are using for PTO and why; and Employee Self Service functions that allow employees to understand and exercise their options even from their mobile device are just some of the solutions that exist with PaySuite.
PaySuite offers a creative solution for managing this issue. Jim says “One way we help organizations retain their employees is by using the EBS Alerting system to proactively monitor data changes that affects a company’s retention strategy” Since PaySuite is an integrated solution, data drivers can be more effectively identified and proactively managed, allowing clients to use the technology to stay ahead of the curve. “We have been in this business for over 20 years, we have worked with clients of all types, it is this depth of knowledge that we have acquired which gives us the perspective we need to continue to develop creative solutions to meet our clients’ unique demands.” Duty said. “We are very proud to help our clients find ways to retain their staff and keep their businesses moving.”
Employee Based Systems
Employee Based Systems is full service software consulting firm and software development company specializing in the design, implementation, and support of Human Resources, Payroll, and Time and Labor Management software solutions. With over 20 years in the industry, and a seasoned staff of developers, consultants, and technical support personnel, Employee Based Systems is the premier choice for all your software needs in these areas.
EBSPaySuite- the only truly integrated web-based Payroll, HR, Time & Attendance solution your company will want to consider. We invite you to explore the website http://www.getebs.com and learn more about Employee Based Systems. We change the way you do business!!!!