Understanding the concept of HRIS
HRIS is known as the Human Resource Information System. It is the software commonly used by the Human Resources department of different companies to manage their company’s employees.
The HRIS software helps to organize the important information and files of every employee. There will never be a worry of misplacing information of the employee because most of the HR’s save the data in the cloud. Instead of keeping your data in the cabinets where it can be destroyed, it is best to keep your data in HRIS software.
If your company has several locations or you want to check information of any employee when you are not in the office, this software is very beneficial.
Various Features of HRIS
Different HRIS programs have different tools and features. It is vital to choose the software that meets your requirements. Below are some of the standard features that are available in most software are:
- HR Compliance
- Tracking System
- Benefits Management
- A Mobile App
- Offboarding and Onboarding
- PTO Tracking
- Organization Chart
List of HRIS Software Companies
In earlier days, there were less HRIS companies available for business. Even small to medium-size business companies didn’t even afford HRIS companies. But now there are plenty of HRIS companies available to choose from.
Below we have enlisted the most popular HRIS companies. Remember, it is vital to choose the right HRIS that meet your company’s needs:
- Berni Portal
- People Guru
- Sage People
Benefit Management System
One of the most crucial features of HRIS is its capability to help your company by managing employee benefits. It is necessary to have an employee benefits management feature in every HRIS.
The employees of your company enter their relevant information as well as their dependent’s information in HRIS. With the help of HRIS, they can go through their benefits and plan options.
A right benefit management system helps the employees in choosing and comparing their plan options. Once an employee selects a plan, the system will fill out the correct form automatically for each insurance carrier.
The software will fill out the insurance forms for the employees rather than telling your employees to fill their forms. This procedure ensures that not even a single data is missing while filling the form.
With the ESIGN Act passed in 2010, the insurance carrier allows e-signature. Hence, HRIS enables the employees to sign their paperwork electronically.
The enrollment application of your employees will be saved in the HRIS as a document forever. It is imperative to save the record just in case if your employees decline the benefits offered by the company.
If you have never set an HRIS before, make sure to choose an HRIS company that provides proper training if they are not doing an implementation for you. The HRIS implementation process needs time and efforts for setting everything appropriately for your company.
Make sure that you know what your HRIS setup is going to cost you, whether in time or money or both.