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Challenges Companies Face in the Hiring Process

According to a recent study by Glassdoor.com, the time required for the hiring process in the U.S. and abroad has grown exponentially in recent years, averaging almost 23 days from first contact to offer acceptance. Employers and HR departments are struggling, now more than ever, to find and acquire great talent to complement their teams. Let’s take a look at a few common road blocks in the hiring process. Sourcing Talent The job market is overflowing with talented, skilled workers seeking a career path. So why does it seem like there is never enough talent to go around? The answer lies in the processes by which HR departments seek and source candidates. Hiring Strategy: Many

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Benefits Of Partnering With An HCM Company

Why Partnering With An HCM Company Matters How are you currently managing your human capital competencies in your organization? If you're like many small business owners, chances are, human capital management isn't currently making it to the top of your priority list. This can prove a costly mistake. Understanding the concept of human capital management, as well as the benefits associated with an HCM company partnership can help you understand how to best leverage the most critical component of any organization: its employees. The Beginnings Of Human Capital Management While some entrepreneurs think human capital management is only a recent trend, the concept has roots dating back ove

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Use Your HCM To Empower Employees

Empower HR Self-Service: Try These Three Simple Steps Using a human capital management (HCM) system can have a major impact throughout your human resource department. An innovative HCM program instantly empowers your employees to manage a host of specific HR functions, such as benefits and compensation. Additionally, your HCM streamlines the dreaded paperwork bottleneck as well as saves company money throughout its use. Why Employees Resist Using HCM Functionality With so many benefits, it may be hard to understand why more companies aren't adopting an HCM model within their organization. One major deterrent is change. Employees, comfortable with the way "things have always been done,

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HR Tip of the Month

Rounding employees’ time is legal under the Fair Labor Standards Act as long as doing so doesn’t result in the employee being shorted pay over an extended time. Although the Department of Labor doesn’t specify how many pay periods over which timekeeping must even out, employers who round should spot check at least every four pay periods or two months, whichever is shorter. To ensure that rounding is fair, time should be rounded both up and down, and to an increment no larger than 15 minutes, e.g., rounding time to the nearest quarter hour or ten minutes. Keep in mind that rounding only works for an employee’s regularly scheduled workday or shift. It does not allow employers to dis

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Use Employee Benefits Administration Software

Employee Benefits Administration Software Grants Small Companies Big ROI As the owner of a small company, you already know that your total employee compensation plan can make a major difference in your hiring process. Without a cohesive benefits package, you may continuously find yourself at the mercy of your larger competitors when it comes to hiring talent; the industry giants get to handpick their candidates and your business is left with the applicants they didn't want. Don't settle for leftovers when staffing your team; incorporate employee benefits administration software into your organization to streamline your overall compensation initiatives and level the hiring playing field w

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Best Practices for Welcoming New Employees

At one time or another, many companies have struggled with employee satisfaction and retention. It is all too easy to focus on the goals of production and the needs of the client, leaving employees to feel undervalued and unmotivated. Without setting priorities to cultivate a healthy work environment for your staff, it is likely that your company will also face difficulty in retaining satisfied employees. The positive environment you create for your employees should start on their very first day in your office, if not sooner. From the moment your offer for hire is accepted, your new employee should feel like a valued member of the team. In order to make each new hire feel welcome and comf

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Use Your HCM For Data Sharing

The Power Of Data Sharing With An HCM Modern business owners recognize the importance of data storage. In order to successfully run an organization in any industry, you must have a viable way to collect information that is relevant, especially when focusing on internal needs. As our corporate needs evolve, so too does our reliance on how we view data storage. Savvy entrepreneurs understand that when it comes to internal operations, it's not just about collecting information; the real power of data, the very lifeblood of any organization, comes from successfully sharing it to relevant employees across all functions, departments, and branches. A key resource for effective data sharing is an i

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Optimize HCM User Experience

Don't Dismiss The Benefits Of A Positive HCM User Experience Are you currently considering implementing an automated HCM (human capital management) system within your organization? If so, it's important to evaluate two vital considerations before choosing the best innovation for your business. First, think about functionality. It's critical to select a system that actually does what you need it do. When working with HCM providers, you will go through your checklist of  "must haves" to guarantee that all your distinctive corporate needs are covered. However, functionality alone should not be the cornerstone of your HCM selection. Experienced human capital management vendors will know tha

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Partner With A Quality HCM Company

Selling HCM To Your Employees In today's fast-paced, ever-changing global market place, hiring impressive talent is a must. This proves particularly true for smaller businesses. No matter what your corporate offerings, staffing your team with the very best candidates can mean the difference between merely treading water and actually leading within the industry. For many HR specialists tasked with recruiting these top tier applicants, teaming with an HCM company to incorporate a customized system into their infrastructure can prove an invaluable tool. Give Your HR Team An HCM Advantage Using human capital management systems prove a major first step in out-recruiting the competition for

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5 Benefits Of Applicant Tracking Software

Five Reasons Why Your Business Should Utilize Applicant Tracking Software Not sure if applicant tracking software will prove a wise investment for your organization? Many business owners find themselves struggling with the same quandary, particularly if they already have an existing (aka manual) recruiting process for them that they believe "works." Greasing up a seemingly non-squeaking corporate wheel may initially feel pointless. However, understanding some of the many benefits offered by an application tracking software can illuminate why you may want to utilize this efficient and omnipotent resource. Reason #1: Candidate Volume Ever feel like you are simply drowning in resumes fro

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