Welcome to this article on managing your HR & payroll challenges, every CEO strives to implement a vision through his executive leadership team. HR Solution teams play a major role in ensuring alignment towards this vision and typically deploy several motivators.
Some of the motivators that HR
and Payroll Outsourcing organizations
use include
- Nurturing leadership
- Tracking compensation and benefits
- Career path
- Offering skill augmentation opportunities
- Managing reward programs
- Recognition Framework
While its organizations spend a lot
of time and effort in implementing the motivators often some of the basic
hygiene factors may get ignored. Payroll
Outsourcing is one of the important hygiene factors for an organization to
be productive HR motivators, as well
as basic hygiene factors, need to be in place getting all other HR motivators right and the payroll
element wrong can prove expensive
An organization that does not focus
on basic hygiene factors is set up for failure. Typically most organizations
decide to manage payroll systems with
in-house teams and face several challenges. It is difficult to get the right
kind of people who understand accountability responsibility and ethics.
When hiring happens at the junior to
middle management level this makes it even tougher.
Deciding on the right software can
be a tough decision with all the updates maintenance and customization
requirements dependency on the Wender remains high and can be very expensive.
Your teams need to be trained in
utilizing the software efficiently as there is no room for errors. This starts
eating up management bandwidth to implement different policy and regulation
changes in-house teams rely on manual interventions making it heavily
error-prone.
You depend on manual effort to
comply with statutory regulations this is not only a challenge but can have a
huge risk attached to it. With in-house teams, you also lose out on several
other things with so many developments and new trends emerging in the fair role
having domain knowledge plays a vital role.
Is your organization losing out with
in-house teams it is difficult to curtail employee crosstalk and maintain
confidentiality as a key aspect of the payroll
System?
Are you able to maintain
confidentiality in your HR & payroll
System there is no room for error in payroll
processing and junior teams typically will need supervision to ensure
accountability?
Is your management spending more
time than is necessary on your payroll?
Employees want much more communication than just receiving pay slips.
Every month are you able to manage
employee communication related to payroll
well?
Salaries will need to be processed
irrespective of whether your payroll
staff is on leave or has resigned from the organization.
You also need to ensure salaries despite emergencies like server crashes, data loss, fire theft, etc. Payroll teams lack the technical
expertise to manage software customization and depend on software vendors. Are
your teams capable of managing these technical challenges?
Considering all these challenges
it's time you consider a HR and Payroll Outsourcing specialist. Simply Solved has been exclusively
focused in the payroll domain for over 12 years with over a hundred thousand payroll records processed monthly. Simply Solved has the experience to
manage your requirements.
Over 250 clients trust Simply Solved with their payroll isn't
it time that you did too. Simply Solved
has been exclusively focused on the payroll
domain for over 12 years. Handling payroll for a variety of companies across
industry segments Simply Solved
serves companies with as little as 3 employees to as many as 21,000 employees.
Simply
Solved is a highly processed organization and is ISO 27001
certified we are also ISO 9001
certified. A Simply Solved ensures
the confidentiality of data on my payroll
our self-service portal is HTTPS and SSL
secure.
We also have comprehensive business
continuity and disaster recovery plans in place. Simply Solved offers single-window services to all payroll-related needs like statutory
compliances leave management-related services document verification etc.
We offer each client a dedicated
incubation team; the team ensures the flawless transition from your existing
systems to the Simply Solved process
framework. Simply Solved has built
its own IP to ensure automation and convenience to its customers’ precision with our
very own back-end.
The payroll engine is highly customizable and can meet your varied
requirements. My payroll our
employee self-service portal offers 24/7 secure access to employees as well as HR Outsourcing teams Simply Solved is proud to be associated
with several elite clients who consider us to be their true partners.
Thanks for a great tips, This would be a different idea from the routine tips
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