A high-end employee experience gives your SME business a competitive edge
At a time when many SME’s may be carefully managing costs, making any substantial investment has to be crystal clear on how it will make a positive impact on the bottom line, and whether that is in the short, mid or longer term.
An increase in productivity, reduction in time to deliver or manage HR related tasks plus a more positive experience for your employees and those you hope to join you – does this sound like something that would be worth exploring?
One of the ongoing challenges for SMEs is in managing the many admin-related HR tasks within the business. Often, it’s not just the range of tasks but also the time-sucking, manual, or ‘we’ve always done it that way’ processes using a variety of different non-integrated tech or software.
Does any of that sound familiar?
We are in the middle of a major revolution in the way that work is done, which is very much driven by remote and hybrid working models. These are made all that much easier with technology, cloud-based software, and an acceptance that these pandemic-driven changes are now becoming more permanent, rather than just a knee-jerk, interim reaction to lockdowns and work-from-home recommendations.
Automation and artificial intelligence can take the mundane and repetitive work normally performed by people, and free up their time to focus on more strategic, value-added activities within the HR sphere, such as spending time face-to-face with people in your company, driving development and retention initiatives, and allowing them to create an all-round better employee experience.
There is much media coverage right now on The Great Resignation, as millions have had clarity around what they want, or can realistically have, in terms of their work/life balance. This realisation means that many have chosen to leave their employment for a company that offers what they really want long term, or maybe for a job that they always wanted in a different discipline but didn’t have the impetus to go for or, for increasing numbers, to strike out on their own and start their own business.
All this means the war for talent, a term bandied around for some years, is now really upon us! It’s becoming increasingly challenging to not only recruit new staff but to retain them once they join you.
Here’s a couple of stats from global workplace/future of work reports:
Global employee engagement rates are at a bleak 20%. (Gallup)
88% of executives state their company is experiencing higher turnover than normal. (PWC)
So, in this time of transition, maximising what you offer to your employees in terms of their overall experience of working within and for your business is critical for both competitiveness and survival.
SME businesses can now take advantage of cost-effective, emerging new technologies, software, and automation tools to develop a competitive edge to help retain their current and attract future workers. Embracing these should increase the capability to focus more on the experience of your candidates and employees, and to make the workplace itself, ironically, more human-centric.
Consider this, in 2017 Millennials became the largest percentage of the working population, climbing to 35% of the workforce. Analysts predict that by 2025 the percentage of Millennials and Post Millennials in the workforce will be 75%**. Both of these generations have grown up in the digital age where everything is just a few clicks, if that, away. Are they really going to be content working for an organisation that doesn’t invest in technology to allow them to be their most productive?
Introducing automation to your HR admin and processes could:
Manage holiday requests in one place
Store documents safely in the cloud
Plan appraisals and recognise achievements
Track and monitor sickness & absence
Log and manage expenses
Run insightful HR reports
Create and share new vacancies
Export payroll-ready data
Track remote working
How much time would it free up if you had one streamlined HR system that frees you up to:
Focus on growing your business instead of getting bogged down in admin
Motivate your team with consistent tools
Develop your people and allow your managers to step up
Attract new staff to join your team
Allow access from anywhere at any time for both HR management and employees
BreatheHR is one such cloud-based HR Software which can do all these things and is designed specifically for SMEs. It takes the hard work out of managing employee data and centralises it in a simple to use system. It also means your employees have a much more streamlined way to engage with HR related admin too.
As a Certified Partner of BreatheHR, we can deliver time savings and slick processes to your people management, which means you can focus more on productive conversations and engagement with staff and improve their employee experience and develop loyalty to aid in retaining them.
We really want our SME community to be able to experience the many benefits of this cloud-based HR Software offer. And from as little as £11 per month, it is a cost-effective game-changer in terms of time-saving and efficiency. So why not join over 8,200 UK SMEs using this tried and tested system and saving hundreds of hours of time too?
If you would like to discover more then please give us a call on 01962 217338
or email info@proaction-hr.com and let’s discuss if BreatheHR is the right solution for you.
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** https://www.asia.aonhumancapital.com/home/insights-at-work/millennial-workforce-increase-employee-engagement