Author Archives: CorpStrat News

5 Reasons Spreadsheets Can’t Replace an HCM

HR Spreadsheet vs HCM software

Many HR admins and managers rely on spreadsheets to help them record key skill and talent-related employee data. It may be sufficient enough when you are managing a small number of employees or want to work with a very specific set of data. However, using spreadsheets once the your organization starts to grow and staff numbers increase isn’t going to work long-term.

The resources associated with tasks such as approving time off, changing demographic information and managing performance evaluation becomes very quickly. Before too long, there comes a point the HR team will need to look at other solutions – such as Human Capital Management software – to help reduce time and resources and process tasks more efficiently.

5 Reasons it’s Time for Your HR to Move Away from the Spreadsheets

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Why Googling HR Issues is a Bad Idea

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If you are running a business, chances are you have used Google to research a variety of HR issues at some point in your career. For the occasional form or broad level question, it isn’t a bad thing, but if you’re someone who’s uncomfortable with uncertainty, it’s best to avoid the practice altogether.

Because information on internet can be unreliable, organizations should avoid seeking advice about issues that could have serious legal consequences. Know who you are dealing with, before you trust their information. Continue reading →

HR Technology – Looking To The Future

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Working with HR technology has never been more exciting. The HR landscape is evolving, as is the technology that supports it. It is empowering to provide businesses with the tools that can help manage the people side of their organization. Technological innovations have created the opportunity for HR departments to generate a far greater impact than ever before. HR technology trends in 2017 are creating unparalleled tools for achieving stronger cohesion and communication. In addition, they will undoubtedly attract millennial workers, while also maintaining familiarity with the older generation.

The advent of computers and the Internet has had a tremendous impact on the world, so it is no surprise that many business owners are embracing HR technology to benefit all facets of their businesses.

HR automation technology eliminates paperwork, manages compliance, onboards new hires, tracks vacation hours, tracks PTO, Applicant tracking, document signing, annual reviews, terminations, benefits communication, documentation management, and list goes on.

Every Company can Benefit from a Solid HR Technology Platform

It’s critical for even the smallest companies to make sense of all their data so they may thrive in a competitive market. Prior to the internet, HR recruiters had to rely on print publications to post jobs and find qualified candidates. Technology has revolutionized and globalized the way in which we find these qualified candidates.

In terms of training, there couldn’t be a more efficient manner to bring staff members up to speed. The ability for large numbers of employees to gain quick access to company information and training programs from remote locations has enormous benefits.

Electronic imaging has made it feasible for companies to retrieve and store files in electronic format. HR technology makes it easy to simply print any necessary forms that an employee may need from a central digital library.

Increased performance management is yet another byproduct of technological improvement. With the use of metrics, companies can ensure that employees are meeting performance standards; based on these metrics, employers can either implement additional training, or transition the employee out of their position.

With all of these developments, business leaders would be wise to understand these technology trends that will shape the year ahead, and far beyond. As a result, companies are vastly improving their strategic recruiting, performance management, employee development, social networking, and internal employee communications – all vital business issues.

This is a very compelling time to be in business, especially with all of the technological options available to business owners – and they will continue to get more and more innovative!

Recruiting Made Easier with CorpStrat

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Hiring qualified, top-level candidates takes much longer than many organizations would like it to, especially with the population of job posting boards on the internet – how do you manage your time? As your company grows, your recruiting overhead increases alongside it. How do growing organizations keep these costs in check?

With CorpStratHR, you can collect data that will help you understand the applicant landscape and make more efficient hiring decisions. Here’s how:

Simplified Job Posting

Save time you used to spend posting to job boards and make the most of your day. CorpStrat HR creates an out-of-the-box application portal which can be connected to hundreds of job posting sites, allowing your recruiters to attract as many candidates as possible!

Ziprecruiter Boost

Along with our many job board integrations, a new connection with Ziprecruiter Boost allows recruiters to reach potential applicants’ inboxes through Ziprecruiter’s job alert email notifications. Get applicants who aren’t actively looking!

Digital Applicant Interviews

In the era of ‘1-click apply!’ your recruiters can be hit with a tidal wave of unqualified applicants. Keyword-based application filtering can mean that you miss out on qualified candidates who did apply for the position, that you didn’t see.

Digital interviewing allows recruiters and hiring managers to ask more in-depth questions about the applicant’s background and know-how, without the time required to perform a phone screen.

Applicant Referral Tracking

With time, your hiring decisions and applicant screening will provide insight into what job posting platforms are the most successful for your organization, and how you best reach qualified applicants. With this information, you can focus your recruiting efforts in the direction that brings you the highest success rate, saving your recruiting and hiring teams even more time, and reducing job posting costs!

Built-In Background Checks

If you are hiring for a position that requires handling sensitive data or working with vulnerable populations, a background check is a great way to get insight about a candidate’s history and risk level. Our partnership with Aurico Reports means that background checks are simple to carry out, and fully integrated with your applicants’ data.

Simple Email Templates

When you find the right candidate, you want to make a good first impression! With CorpStrat HR’s email templates, recruiters can send informative, branded template emails that look great and save everyone the work of copying over a form letter.

If your organization is struggling to keep up with the investment involved in making smart hires, call us today. We’ll set you up with a demo that answers your questions about how to equip your business to recruit and manage your employees the 21^st century way!

How can HR Technology Streamline ACA Reporting?

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In past posts, we have discussed the value of a fully-integrated HRMS system for evaluating performance evaluations and hiring decisions. This value can also extend to your ACA reporting to the IRS, by reducing the amount of time you need to invest both ensuring year-round ACA compliance, and compiling employee data for year-end reporting.

Your HRMS dashboard can be configured to give you information on employees who are eligible for benefits, or may soon become available based on measurement period data, so that management can quickly make informed benefits and budgeting decisions.

How it Works

Employee Onboarding

ACA Reporting relies on a lot of basic employee information, including Taxpayer Identification Number (TIN). A properly secured and designed HRMS allows employee enrollment data to be cross-referenced by your payroll, legal, and ACA reporting HR systems, and can warn you of any potential TIN mismatch errors before you risk an IRS penalty.

Significant Life Events

Eligibility periods for significant life events can be small, and a major headache if an employee finds out too late that an election period has expired. Organizations can make use of their HRMS to communicate eligibility for insurance adjustment, as well as election deadlines to enroll or remove a spouse or child from benefits coverage.

Measurement and Stability Periods

If you have employees who work an average of 30 hours per week, these are variable hour employees – and their health benefits eligibility can be complicated. In order to reduce the overhead involved in hourly employee health benefits management, your HRMS can calculate any employees’ average hours worked per week, to determine their ACA eligibility during your Measurement Period, and track their eligibility though a Stability Period.

When further integrated with CorpStrat Payroll, CorpStrat HR simplifies the process. By allowing employees to enroll into the system online, CorpStrat HR can track employees through their stability period to ensure that deductions are made accurately and on-time.

Your CorpStrat Account Manager will help you configure these data dependencies by understanding your organizations’ individual needs and capabilities, and provide the information that empowers your employees, HR department, and management teams to make the most informed benefits decisions.

Ask us how you can spend less time on ACA reporting and more time on growing your business. Contact us today, or learn more about CorpStrat HR and CorpStrat Payroll.