Human Resource Management is actually a key ingredient of any business. Poor HR management can lead to a significant decrease in net profits due to a decrease in employee productivity and efficiency stemming from unaddressed attendance issues or position/function forecasting. For example, if a valued employee resigns, improper HR management may lead to not knowing exactly what this employee’s functions were (since job titles don’t disclose everything), and thus, even if this employee gives a 30-day notice, it may take you longer than a month to figure out which potential applicants have all the skill sets needed to fulfil the now-lacking functions in your company.
According to a recent article by Business2Community, 2015 will mark new, progressive trends for HR management. No longer is HR management going to be one-dimensional, with employees, wages and other statistics boringly laid out on long spreadsheets and multi-page documents: “In 2015, visual media [will become increasingly utilized and]… when it comes to HR technology, the importance of visuals will increase.”
You should start improving your HR management resources today! Be ready to re-fill positions and functions this upcoming year, since “according to a recent survey, one in three employees will look for a new job in the next year.” This goes both ways – your employees are at a higher risk of leaving you, and you’ll have a more rich pool of applicants – so HR management becomes critical.
Elf Productivity Ltd. offers innovative software that efficiently and accurately records and processes all of your employees information. Not only will you have them neatly organised by job titles, you can include notes and sub-notes in a detailed, organised fashion that allows you to list specific functions and roles that the employee performs. Our software also allows your employees to perform self-attendance. Contact us today to learn more!