Human Capital Management (HCM) Technology 101

Paycor

What does Human Capital Management (HCM) Technology Offer? As human resource professional, where do you spend most of your time? To help combat this administrative nightmare and allow HR to focus on bigger-picture initiatives, organizations are investing in Human Capital Management (HCM) technology. Learning Management. And with technology built to ensure tax compliance, your payroll solution can eliminate the challenges tax season present.

The Importance of Human Capital Management for Non-Profits

ONEMINT

Your nonprofit faces many of the same challenges, including controlling costs, increasing efficiencies, and managing compliance, which confront organizations in the private sector. At the same time, you’re grappling with issues like reduced funding, ever-increasing demand for services, and a widely dispersed workforce — all of which can make it more difficult to achieve your mission.

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Four KPIs to Consider When Evaluating ROI of In-House vs Outsourced Human Capital Management Solutions

Unicorn HRO

This is certainly the case for Human Capital Management (HCM) operations, as new technologies fuel the transition to automation to streamline workflows, improve personnel engagement and increase intraoffice communication. Whether you are outsourcing cloud-based HCM solutions to manage your workforce or handling these tasks in house, there is always a need to justify expenditures in automation by demonstrating ROI. Human Resources

Paycor Challenges the Status Quo in Human Capital Management at TECH+ 2018 Event; Launches Enhanced Partner Loyalty Program

Paycor

26, 2018 ( GLOBE NEWSWIRE ) -- Human Capital Management (HCM) company Paycor last week concluded its TECH+ Partner Forum , the company’s first national HCM conference for benefits brokers and financial advisors. TECH+ 2018 Highlights at a Glance. In addition, Paycor’s compliance expertise provides clients with peace of mind and access to a wealth of HR reporting.

2018 HCM Trends: Ceridian’s execs on working smarter, AI and the gig economy

BambooHR

The idea underlying the trends and shifts in HCM that leaders expect in 2018 all link back to how the workplace is evolving. Here, from the perspective of a few of Ceridian’s senior leaders, are some areas of focus for HCM in 2018: Always-on feedback. Smarter Systems, Technology and Data Privacy and Compliance. Compliance. Related: The top HCM compliance issues to watch for in 2018.

Automating Regulatory Compliance: ACA

ONEMINT

Companies must calculate healthcare coverage for employees who work a 30-hour work week, enroll eligible employees and/or weigh penalties for non-compliance. Human Capital Management ACA Features Compliance ToolsThe Affordable Care Act (ACA) was signed into law in 2010. It mandated new and detailed health coverage and reporting requirements for businesses. ACA eligibility is determined based on company size or the average hours worked per month.

Payroll Solution That Ensures 100% Statutory Compliance and Regulation

Empxtrack

Payroll is a complex process that becomes more challenging with a company’s unique processes, compliance issues, varying allowance and deductions and with constantly changing legislation. Many organizations manage this process in-house while some look for professional service providers. The goal is to avoid compliance risks and to adapt to the constantly evolving regulations. One of the most important concerns of an employer is to meet statutory compliances.

Managing Human Capital With Acumatica Cloud ERP and InfinityHR

InfinityHR

The Acumatica Cloud ERP platform is perfect for organizations who need to manage many various components of their day-to-day business functions from a single vendor. It focuses on providing real-time data into the inner workings of their operations, enabling businesses to manage areas such as inventory control, shop floor management and other areas much more effectively than their current system might allow them to currently do. Warehouse Management. ACA Compliance.

4 steps toward making equal pay a reality at your company

PeopleStrategy

To provide a genuinely beneficial policy – and avoid running into compliance violations in the future – all of the above must be considered when crafting a strategy for equal pay. The Equality and Human Rights Commission recommends that companies use their equal pay policies to define all economic language involved, outline each aspect of benefits adjustments and include any notices or stipulations that are necessary for compliance to all state and federal regulations.

Gender equality, employee experience and HCM compliance: the top-read posts of 2017

MBO Partners

We’ll see this continue to trend in 2018, with greater use of AI technology and analytics, and a greater focus on the employee lifecycle as a whole. Much attention has been paid to the study of bias (both conscious and unconscious) in the workplace, and many HCM leaders, including our own, predict that AI technology will play a larger role in removing unconscious bias in the recruiting and hiring processes in 2018. The right side of compliance.

Conference Twitter Primer #HRtechConf 2018

Advos

Dates: September 11-14, 2018. Josh_Bersin : Corporate Talent, HR, & Learning Analyst, Founder of Bersin by Deloitte, research and advisory firm focused on management, leadership, HR tech. Deloitte’s Human Capital practice digital leader and global practice leader for HR Strategy & Employee Experience. bneverest888 : Technical Recruiter managing a global team of rock-stars at InterSystems; looking for the best and brightest minds in the industry.

Quality is Everywhere – Friday Distraction

HR Bartender

(Editor’s Note: Today’s article is brought to you by our friends at Kronos , a leading provider of quality workforce management and human capital management cloud solutions. Our friends at Kronos remind us in today’s Time Well Spent that it includes human resources and payroll. According to the Society for Human Resource Management (SHRM), average time to fill is 42 days. And we have a compliance component to consider.

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Technology System Design Needs Both Form and Function – Friday Distraction

HR Bartender

(Editor’s Note: Today’s article is brought to you by our friends at Kronos , a leading provider of workforce management and human capital management cloud solutions. That doesn’t mean technology doesn’t offer value in compliance, administration, scalability, and more. Kronos announced this week that they were named by Forbes as one of the top three places to work in technology. Congratulations to them! Enjoy the article.).

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Payroll Solution That Ensures 100% Statutory Compliance and Regulation

Empxtrack

Payroll Solution that Meets Statutory Compliance Requirements. This case study is about an Information Technology company managing more than 1500 employees deployed in multiple cities. The organization wanted to replace their legacy payroll software to meet statutory compliance requirements, get better transparency and accuracy in the payroll management. The company faced a key challenge in maintaining statutory compliance and transparency in the payroll management.

How to Successfully Navigate State and Local Labor Regulations

ONEMINT

Proposed state and local labor regulations are adding to already challenging federal rule compliance. Managing compliance with federal labor laws is difficult enough for HR and payroll managers given constantly changing regulations and the ongoing list of pending legislation. Human Capital Management Payroll Compliance

Should You Use Your Real Job Title on LinkedIn – Ask #HR Bartender

HR Bartender

I have an HR and a healthcare compliance background. The resume was no issue – just simply create separate ones for healthcare HR, non-healthcare HR, and healthcare compliance. At first, I combined HR and compliance on my LinkedIn profile. As I mentioned, HR and healthcare compliance are interrelated, and I do list some of my HR experience that is relevant (i.e. Suzanne Crest, HR Manager for SRK Consulting Inc.,

Leverage More ERP Sales with HCM Integration

InfinityHR

The powerful and strategic business processing management tools available can be used to manage data, automate manual process, generate impactful reporting and more for any organization. ERP and human resources solutions. ERP systems collect and store data into a centralized location from the following areas of business operations: Human Resources (HR). Warehouse Management. Supply Chain Management. Production Management. Benefits Management.

Top 4 Online Payroll Management Practices for 2018

Empxtrack

A lot has changed in payroll management over the past few years. Today, organizations use automated system to process payroll accurately and meet statutory compliance. A company with a well-integrated Payroll system, which is compatible with time, leave, attendance, overtime, loans & advances, and travel & expense management tools , is already at an advantage. Look for an automated system that generates cost accounting reports, wage reports and management dashboards.

Compliance Automation and the FLSA

ONEMINT

Last week, the ONEMINT Blog talked about how human capital management automation can decrease ACA compliance risks and save you money, but ACA isn't the only government regulation covered by streamlining your employee schedules and timekeeping

5 Ways to Communicate and Engage With Your Deskless Workers

SocialChorus

They can quickly check their PTO balance, get the latest corporate news, and sign off on compliance notifications when it’s convenient for them. Uncategorized company communications app employee engagement tools frontline employees future of work human capital management why internal communications is important workplace trendsIt’s time we took care of deskless employees who are 80% of the global workforce.

No, an ERP System is not the Same as a Dedicated HCM Platform

InfinityHR

ERP systems can collect and store data in a centralized location from the following areas of business operations: Human Resources (HR). Warehouse Management. Supply Chain Management. Production Management. As human capital is factored in with an organization’s revenue tracking, some companies will rely on their ERP platform in place of a true HCM solution. ACA Compliance. Benefits Management. Performance Management.

Everything #HR Needs to Know About Machine Learning

HR Bartender

A few weeks ago, I wrote about Kronos’ new next generation workforce management solution called Workforce Dimensions. His work includes designing AI solutions around compliance and business forecasting for Workforce Dimensions. His work has covered diverse fields from robotics to educational modeling, and now workforce management. Why should human resources professionals pay attention to machine learning? A great HR example is around compliance auditing.

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Hireology 2018 Year in Review: See How Our Customers Saved Time and Money While Driving Quality Applicants

Hireology

We’re excited to help our 5,000+ customers build a pipeline of qualified candidates, manage the hiring process and streamline post-hire HR efforts each and every day. In 2018, Hireology customers have seen great success with hiring, including the following key metrics: 2018 Product Updates. We continuously identify new ways to help our customers attract, hire and manage top talent. In 2018, we’ve had the opportunity to build relationships with several industry leaders.

Bookmark This! Employee Leave Donation Programs Edition

HR Bartender

According to the Society for Human Resource Management (SHRM), 11 percent of organizations permit vacation donations and seven percent permit sick leave donations. Sullivan Benefits has a compliance overview on “ Employee Leave-sharing and Donation Programs ”. OnePoint Human Capital Management outlines the steps for creating a paid time off (PTO) or leave donation policy. I received this reader question a few months ago and it’s had me stumped.

Organizational Trust Is the Key to Innovation

HR Bartender

(Editor’s Note: Today’s article is brought to you by our friends at Kronos , a leading provider of workforce management and human capital management cloud solutions. If managers and employees cannot trust each other, the project would never get off the ground. I asked Bill Bartow, vice president of global product management at Kronos, what kept management from jumping in and directing the project. It’s not the manager’s job to prevent risks.

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5 Steps to GDPR Compliance

Oracle HCM - Modern HR in the Cloud

As a Human Resources manager, you’ll probably be asking yourself how this upcoming European legislation will affect personnel data that your company might have, wherever your employees might be located. Here, I have outlined five simple steps that can help you get on the path to continuous compliance. The EU GDPR will come into effect on May 25, 2018. Written By: Alessandro Vallega, S ecurity Business Development Director, Oracle EMEA.

SilkRoad Connections 2018 Agenda Spotlight: Aptitude Research Journey Series

Silkroad

We’re excited to welcome back Aptitude Research Partners to SilkRoad Connections 2018. Aptitude Research Partners is an independent research-based analyst and advisory firm guiding businesses to success within the increasingly complex Human Capital Management Technology Landscape. It has a tactical, compliance workflow, but it also needs a cultural and strategic workflow, making sure that the energy and promise of new hires is harnessed from the start.

The Top 5 Employee Engagement Challenges That Government Agencies Face

Cornerstone On Demand

Human capital managers at government agencies face many challenges thanks to strict budgets, set compliance policies and an organizational hesitancy to change the status quo. But it's no easy task— The State of Human Capital Management in Government report highlights the five key obstacles that HCM leaders grapple with at government agencies, and how to overcome them. Photo: Twenty20 Categories: Talent Management Article Tags: Talent Management

10 Questions to Consider When Reviewing Employee Scheduling Software

Benetech

To boot, poor schedule management can lead to increased employee frustration, decreased engagement, and higher turnover. The right employee scheduling software helps you put the right employees in the right shifts at the right time to minimize labor costs, overtime, and compliance risks and maximize business performance. Human Capital Management Employee Scheduling

The HR Journey from Productivity to Purpose

Working Girl

Here are a few suggestions to get started: Know Your Personas: Some HR solutions support tailored talent management practices, but what matters is in how you personalize. Dream Compliance: We know in our hearts that employee surveys are blunt instruments at best, and that satisfaction is a poor predictor of performance. career career development employer branding HR human capital management human resources Innovation talent management

The Top HCM Compliance Issues to Watch for in 2018

Ceridian

The HCM world has seen a flurry of recent compliance changes that will continue into 2018. We’ve put together a summary of major HCM compliance issues and trends we believe will be important to employers in 2018. Employers should anticipate major tax reform changes in 2018. It will have a major impact on businesses if both houses can reconcile the differences in their tax bills in time for President Trump to sign it into law in late 2017 or early 2018.

Is HR Ready to be GIGantic?

Working Girl

In my most recent post HR and the Gig Economy , I talked about how the workforce is changing as managers staff their teams with more contingent labour. Compliance : There are some legal challenges with making contractors feel too much like part of the team - not to mention employment ensurance - but someone needs to figure that out for the business. Not procurement, unless HR also wants to share ownership of core competencies, performance management and employer brand.

Four Reasons Private Equity Firms Are Rethinking Their Workforce Investments

SuccessFactors

Most methods used by private equity (PE) firms for enhancing business value, beyond pure financial engineering, involve optimizing people management in some way, such as restructuring teams, bringing in new talent, refreshing training programs, or modifying incentive structures. As a result, firms are putting greater emphasis on maximizing the return on their investments in human capital and using technology to help them do that.

Four Reasons Private Equity Firms Are Rethinking Their Workforce Investments

SuccessFactors

Most methods used by private equity (PE) firms for enhancing business value, beyond pure financial engineering, involve optimizing people management in some way, such as restructuring teams, bringing in new talent, refreshing training programs, or modifying incentive structures. As a result, firms are putting greater emphasis on maximizing the return on their investments in human capital and using technology to help them do that.

8 Reasons Onboarding is Essential

Hireology

Note: This is a guest post from Complí, a Hireology partner that manages HR and compliance initiatives across the entire workforce. Over the past few weeks, we’ve explored the myriad reasons why, from financial savings to improved oversight and compliance outcomes. Onboarding Ensures Workforce Compliance from Day One. Your compliance program is what keeps your business protected, and onboarding is the first step.