With the costs of standard medical treatment and health insurance continuously on the rise, medical benefits have never been such an important perk to employees. Currently, an estimated 50% of employees cite benefits as a major reason for remaining with their present employer. For many, people this isn’t just for themselves, but also to provide their families with health support.
The rising costs of healthcare have become so prevalent, that the government has felt the need to step in, in order to provide more United States citizens with medical support. Various legislation, such as the Patient Protection and Affordable Care Act, require organizations to offer appropriate health benefits to all employees if they have a staffing contingent that reaches 50 full time employees. Even part time employee benefits are included in these cases.
With so many benefits packages being provided to employees, there is a large amount of personal information and data that must be managed by human resources departments. To ensure that this information is managed correctly and efficiently, companies have begun to turn to human resources software solutions to handle these operations. These programs have the ability to encompass what would be the duties of multiple employees, while simultaneously expediting business processes, and reducing operation costs.
Now that HR software has become a more widely spread tool, organizations are even implementing new versions, such as mobile HR software, to offer more accessibility to employee benefits. New research has found that only 13% of institutions use a single HR system and on average, companies have three or four different HR applications, including one for HRMS, another for learning, and even one for recruiting.
Following in the wake of the technology wave, mobile HR software provides companies with the ability to manage benefits and HR operations remotely and at any time of the day. It can also offer more accessibility for employees to keep track of and manage their benefits. Most people have become accustomed to open accessibility in many facets of their lives thanks to mobile devices.
Regardless of the benefits a company plans to offer to employees, there are multiple duties entailed with human resource management. Be it on location or mobile HR software, directing benefits has never been easier.