HRMS or human resource management system platforms bundle a whole lot of features into one complete software suite. The main objective of an HRMS solution is to streamline repetitive tasks and to automate them wherever possible.
However, various HRMS platforms differ in features primarily based on business needs. Here are some of the most common HRMS features present in most of the software solutions –
One of the main parts of an organization’s talent management strategy is regular employee reviews. This is a key feature of any HRMS solution system to facilitate various 30, 60, 90-day reviews, 360-degree reviews, goal planning and annual performance reviews.
- Employee Management: Payroll, Time Tracking and More
Another important HRMS feature is day-to-day employee management which includes mundane and repetitive tasks such as managing time-off requests, tracking hours worked and working with employees who are out for extended leave.
Having this feature allows the companies to run the gamut from tracking overall performance, managing improvement plans, rewarding individual accomplishments, and ensuring that all necessary credentials are met.
- Employee On-boarding and Applicant Tracking
This HRMS features generally include robust applicant tracking functionality from efficiently monitoring traffic on job posting sites to managing applications and scheduling interviews. Once the right candidates are identified, HRMS platforms automate onboarding tasks for new hires such as offer letters, benefits packages, internal training requirements, and more.
- Workforce Management
Linked closely to the time, attendance and leave management functions, workforce management is essentially a scheduling feature and generally includes real-time functionality, matching workforce deployment to shifting needs.
Drawing on all system data, an analytics module generally includes a dashboard of ready-made reports, predictive capabilities, real-time reporting, and automated data-gathering.