What is HR Software

Definition and Key Elements of HR Software

What is HR Software. HR Software is an electronic system that allows people to manage people based information and processes more efficiently and effectively, in return for giving detailed insight into the information stored within it.

There are many types of HR Software. These different types manage information relating to the Employee life-cycle.

e-Recruitment Software: Managing information and processes relating to the hiring process. The benefits of which can be seen in output related to KPI and HR bench mark information relating to: Time to Hire and Cost of Hire. Quality of hire. Best hiring avenue. Candidate satisfaction and so on.

Employee Onboarding Software: Engaging with new starters. Existing Employees and Leavers at the right time, to introduce them to key business information and reduce administration time by allowing for new employee based information to be captured, stored and processed electronically. Employee Onboarding also relates to Crossboarding and Offboarding.

Core-HR Software. Management of key employee information relating to core records. These records can include but are not limited to: Employee Masterfile. Absence. Address. Salary. Job. Training. OH&S Incidents. Expenses. Benefits. Core-HR is closely linked to Self-Service.

Employee Self-Service Software. Allowing people around the business, depending on their Jobs, locations etc to access and interact with Employee Information and HR Processes.

Employee and HR Surveying Software. Creating forms, knows as surveys, relating to gathering information relating to the businesses people and their opinions of different aspects of the business. Surveys and Workflow work closely together.

Performance Management Software. Automating data capture at specific times of the year and linking that data capture to key business decision making and employee performance promotions and remuneration. Succession Planning is also a key element of Performance Management Software.

Remuneration Software. Analysing Salary and Bonus related information to make informed workforce management decision which link to payroll and finance. Linking to employee engagement and culture. Modelling tools available to perform what if scenarios.

Flexible Benefits Software.  Managing benefits that employees can opt into the reduce the amount of tax payable. Closely linked to engagement and culture.

e-Learning Software. Managing the content and IP of a business and deploying it electronically so that people can learn effectively and in a timely manner, to upskills themselves in line with business objectives.

Learning and Development Software. Managing Training Courses and Events to streamline the administration related to educating people in a face-to-face learning environment both internal and external to the business.

Payroll Software. Paying people at the right time. Remitting Tax and Tax Reporting. Managing Superannuation. Managing the businesses obligations to their employees and federal government departments.

Time and Attendance Software. T&A Software captures peoples start times and finish times, allowing for payroll to be performed accurately in line with awards and other payroll requirements. Scheduling is also performed based on shifts and skills, knowledge required for those shifts.

Talent Management Software. HR Software sometime is referred to as Talent Management Software. Talent Management basically rolls up, all of the key elements of HR Software, relating to peoples abilities and performance and how they relate to the overall performance of a business.

 HR Software can include any of the elements names above. In any combination.

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