April 5, 2023
HCM Consulting Support, HCM Support, HCM System Support, HCM TechnologyIs Your WFM System Optimized for 2023 Employees?
From the increase of remote work to the need to ensure employees know they are accurately compensated, much has changed in the modern workforce over the past few years. Through it all, one thing remains constant: Your employees are your greatest asset. So how do you recruit and retain those employees in today’s modern workplace? Read on to find out why an optimized WFM system is the solution to ensuring satisfied employees and how to make that happen in 2023.
Make Recruitment and Onboarding a Pleasant Process
Potential employees today know that the market is struggling to find quality candidates to fill workplace roles. Companies with poor workplace policies and practices experience higher turnover and ultimately increased costs of the difficulty associated with recruiting and retaining quality employees. We all remember companies that we’ve left due to poor management, but one of the easiest ways to ensure that your employees are satisfied is to make the process of welcoming them to your team as smooth as humanly (and automatically) possible. A quick solution to this is to make sure your WFM system is set up correctly.
A good consolidated system limits the number of logins and portals that employees have to sign up with before they can get to work. Once onboarded, consider how your WFM system performs for your employees. Does it give them everything they need in one place? If employees are hourly or asked to clock-in are they automatically prompted to do so when they turn on their computers? Can they find everything they need to track their hours and performance in one place? If so, that’s an optimized system.
Allow Employees to Easily Track Benefits, Performance, and Other Important Metrics
An optimized workforce management system allows employers to strategically allocate their human capital and other resources to affect the company’s financial outlook positively. This includes tracking attendance and complying with constantly changing workplace laws and regulations. However, it should also allow employees to get the information they need in a timely, accurate, and easy-to-track manner.
Automate Compliance and Get the Data You and Your Employees Need
By providing performance profiles, automated performance reviews, and even tracking employee skills and certifications, an optimized system can set a company up to retain its highest-performing employees. Automating compliance takes that happiness one step further by ensuring the thing your employees find the most important is done correctly: their paychecks.
While audits can be performed at a later date, your workforce management system should automatically calculate federal, state, and local labor laws to ensure employees (and your business) don’t have any compliance surprises come tax time. This ultimately leads to happier, more productive employees because they know they can count on you to make sure their paychecks are correct, as well as an accurate payroll process to make sure the company isn’t losing money and time fixing errors that could have been prevented.
Recruit and Retain Quality Employees in 2023
We’ve been there for the businesses who, because of less-than-perfect software configuration, accidentally paid their employees twice in one pay cycle, as well as the businesses who couldn’t get their new system to run a report if their life depended on it. These things happen, especially after a new WFM system (or a new Human Capital Management system) is installed. The key is to make sure your WFM system is fine-tuned to effectively manage the complexities of your business and your industry. If your new WFM system feels like all promises and no delivery, give us a call.
Our Wise consultants are ready to help examine your organizational requirements and set you up for success. Talk to a Wise consultant today about how an optimized system can change the game for your organization: call 800-654-4550 to get in touch with a member of our team.
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