Employee Self-Service Portals Gaining Popularity Among Employers & Employees!
As the employees become more tech-savvy, organizations are embracing new technology tools to transform their HR practices and market their HR brand. A recent study also revealed that continuous technical advancements have increased autonomy and independence in individuals. Traditional HR methods have failed to give a sense of self-sufficiency to the employees and core HR responsibilities such as recruitment, benefit administration, regulatory compliance cannot be implemented without using sophisticated technology tools.
With the introduction of Employee Self-Service (ESS) portals for HR and benefits administration systems, the administrative burden on HR professionals has reduced significantly. The functionality allows employees to view and manage their crucial tasks such as shift coverage, paid time off, retirement funds, and more all by themselves, thereby freeing up the HR teams to focus on other equally important tasks.
Employee Self-Service Portals have become the win-win factor for employees and employers!
ESS Portal for Employees:
- Manage Information and Perform Benefits-related Tasks:
With ESS portals, employees can directly access their personal data from desktop, tablets and smartphone. ESS enables employees to upgrade their benefit elections in case such as marriage divorce and child birth. The variety of options available to employees allows them to learn about the multiple plan offerings and select the one that is best suited to them. It also eliminates the need to use a middleman or lean heavily on the HR department while making their plan elections.
2. Reduced Error Probability:
ESS portal delivers efficiency to employees and minimizes the inaccuracies as the data is managed through a single centralized system. Employees are less likely to commit errors as they input their own data also, integration with system enhances the speed of HR transactions.
3. View Payroll & Related Details:
Employees get easy access to past and current pay stubs, time sheets and w-2 forms. Employee can add or change bank account information for direct deposit. Through ESS, salary rates, hourly and monthly wages and raises may be reviewed without any trouble.
ESS Portal for Employers:
1.No More Headaches for HR Department:
Implementing employee self-service portal takes a lot of burden off the shoulders of HR department. HR can focus on other strategic areas instead of handling endless benefit queries by employees.
2. No More Compliance Concerns:
Even a minor mistake can lead to a serious legal trouble. A technology solution minimizes the chances of non-compliance and ensures that employees all major factors such as employee eligibility etc. do not get overlooked while providing benefit offerings to employees.
3. Centralized information Repository for All:
Employee self-service portal connects administratively separated levels of business together and provides centralized information. The individual log-ins empower individuals to view and manage their information while the admin and related departments can get the updated information automatically without having to contact every single employee.
4. Escape the Hidden Cost:
Employee self-service portal resolves sweeping tasks like printing pay slips. Employees can have access to all their pay stubs and working schedule on their personalized dashboard. Resultantly, ESS help companies go green by saving money endowed in paperwork and hard copy forms.
To Sum Up:
Deploying Employee Self-Service portal gives employees ownership of data by providing them quick access to their profiles, benefits and payroll data. TeemWurk Employee self-service portal empowers employees to elect health care plans and update qualifying life events thereby freeing up HR and benefit administrators from getting into the hassles managing volumes of employee data.