In recent months, we’ve reviewed some of the great features and benefits available to your organization when you adopt an integrated people management system. Simplified recruiting, goal management and business intelligence all add value to your business, but how will a system like this actually save you money? Investing in a people management system can be justified on quantitative ROI alone, but there are also a number of qualitative benefits that are crucial to your organization’s bottom line.

Enhanced Connectivity

There’s a lot of buzz these days around work-life balance. Some people like to work set hours, some people need more flexibility, while others are happy and most proficient working from their home office. A system that provides secure anytime, anywhere access essentially allows you to determine work schedules best suited to maintain employees’ productivity.

Reduced Turnover

Did you know that over 43% of employed US adults do not plan to have a long-term career with their current employer? With an average cost (in the US) of approximately $104,185 to replace an employee reducing your employee turnover is sure to affect your bottom line. A people management system will benefit you through the entire hiring process from simplifying the application process to streamlining onboarding. Overall, this will free up your HR time to focus on more thoroughly interviewing your candidates and ensuring your new hires get the attention they need to get comfortable and become productive in their new workplace. Engaged employees are much less likely to leave your organization and have been found to be 38% more productive.

Seamless Scheduling

Absenteeism costs US businesses $35 – $40 billion per year. Utilizing a people management system will not only track timesheets, but also allow you to monitor vacation, illness, personal time and incident-based leaves of all of your employees. Employee time tracking and scheduling is automated and auditable so when it comes to working hours you are always informed.

Total Integration

In our professional experience, we’ve encountered many businesses that use one system for recruitment, another for performance reviews, a third for time tracking, etc. Not only do multiple systems equal expensive interfaces, they can add a ton of training time and drain employee productivity. An integrated system (aka a one-stop-shop) can provide employees with a single username and password to access all aspects of HR from their own personal information to the big-picture corporate strategy and everything in between.

Better Decisions

A Cloud-based people management system will centralize all of your employee and organizational information in one location. In addition to the convenience, you will also feel supremely organized! Through the use of homepages and logically organized information, employees will be able to complete their tasks on-time, set goals and collaborate with others. Reporting and analytics will be able to summarize organizational data in a very meaningful way. Management will be able to access information quickly and easily to make great business decisions.

More Time for Strategizing

Up to 80% of the HR department’s time is spent on administration and paperwork. A system that is set up for self-service can reduce time spent on redundant tasks and improve the accuracy of information, not to mention save paper! Instead of an employee submitting an address change form on paper to be input by an HR employee and then approved by a manager, the employee can input their address change in the system and a process will take care of the rest. This creates more time in the HR department to devote to strategic initiatives like planning and workplace culture.

Do you feel your organization could benefit from the real value of a people management system? Nortek People Management Software has everything you need to improve your bottom line. Your employees can be on the system in no time, taking advantage of our amazing functionality and easy-to-use interface. Read more about Nortek here, or contact us for more information.