The Average Cost of a basic HR Software plan is $5 per month.
38% of HR Software offer a Free Trial , while 12% offer a Freemium Model .
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Employees or the human capital is one of the most prized assets of any company or business. The human resource needs to be managed, monitored and tackled excellently to ensure a smooth running of the company and its very success depends a lot on it. An HR software helps in automating, streamlining and managing all the aspects concerning human resource or employees with higher efficiency and confidence.
A myriad of options on HR software is flooding the market and all are advertised as the best in the segment. You, as a buyer, need to examine all aspects before investing on an HR software. Check the factors below-
Typical Features
Automates the documenting processes involved in training management and records the performance of employees during training sessions
Helps in managing employee absence and control the time off efficiently
Helps in managing and automating important aspects of a recruitment process
Helps in documenting, reviewing and evaluating the performance of the employees
Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion
Helps to integrate newly recruited employees into the organization through an automated process
Provides technical support and software solution to manage everything from hire to retire
Helps in providing an organized collection of employee data
Helps to stay in compliance with HR laws by notifying users of all HR law updates or changes
Helps keeping track of the employee hours to enable recording their worktime
Helps in tracking, searching and scanning the applicants that in turn eases the recruitment process
Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions
Manages employee compensation related data in an organized and automated manner
Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages.
Captures and centralizes a holistic feedback of the target audience that helps in making business decisions.
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