LOUISVILLE, KENTUCKY
DENVER, COLORADO
CHICAGO, ILLINOIS
MADISON, WISCONSIN
HARRISBURG, PENNSYLVANIA
ATLANTA, GEORGIA
CINCINNATI, OHIO
TORONTO, ONTARIO
HYDERABAD, INDIA
BANGALORE, INDIA

V-Soft's Corporate Headquarters

101 Bullitt Lane, Suite #205
Louisville, KY 40222

502.425.8425
TOLL FREE: 844.425.8425
FAX: 502.412.5869

Denver, Colorado

6400 South Fiddlers Green Circle Suite #1150
Greenwood Village, CO 80111

TOLL FREE: 844.425.8425

Chicago, Illinois

5215 Old Orchard Road Suite #950
Skokie, IL 60077

TOLL FREE: 844.425.8425

Madison, Wisconsin

8401 Greenway Boulevard Suite #100
Middleton, WI 53562

TOLL FREE: 844.425.8425

Harrisburg, Pennsylvania

4813 Jonestown Road Suite #103
Harrisburg, PA 17109

TOLL FREE: 844.425.8425

Atlanta, Georgia

1255 Peachtree Parkway Suite #4201
Cumming, GA 30041

TOLL FREE: 844.425.8425

Cincinnati, Ohio

Spectrum Office Tower 11260
Chester Road Suite 350
Cincinnati, OH 45246

Email: sales@vsoftinfrastructure.com
Phone: 513.771.0050

Toronto, Canada

1 St. Clair Ave W Suite #902, Toronto, Ontario, M4V 1K6

Phone: 416.663.0900

Hyderabad, India

Incor 9, 3rd Floor, Kavuri Hills
Madhapur, Hyderabad – 500033 India

PHONE: 040-48482789

Bangalore, India

GINSERV, CA Site No 1, HAL
3rd Stage Behind Hotel Leela Palace
Kodihalli, Bangalore - 560008 India

Lack of HR Automation Can Lead to Employee Turnover?

HR automation is one of the hottest topics in human resources as of late, but does it matter? Is it required to improve employee satisfaction? Here we share some of the benefits of HR automation and how not leveraging HR automation might increase employee turnover and potential loss of quality employees.

The Challenge of Employee Retention

We often see in the companies, people leaving and joining (more or less frequently) and no company is an exception for this.  Employee turnover is costing companies thousands of lost dollars in productivity and wages. The truth is major companies surveyed by LinkedIn in Global Recruiting Trends survey see employee retention as their topmost priority (32%).

Challenges of Employee Retention

As we all know the challenge of employee retention is big for all companies and is tied directly to their success in the long term. The reality is every company faces its own unique challenges dependent on industry or many another number of factors. Here are a few common ones:

Continued focus on employee turnover is of critical importance, because of the direct relation of turnover to improvements in labor costs and guest satisfaction."

Finley Peter Dunne

Individual Employee Challenges

  • First impressions matter (how smooth is your on boarding process?)
  • Salary dissatisfaction
  • Clear path to career progress
  • Relationships in the office (are you fostering a team or individual workplace?)
  • Positive workplace culture
  • Objective and transparent performance reviews (company performance too)
  • Lack of appreciation and recognition
  • Job security

Marketplace Challenges

  • Competitive pressures of commodity job positions
  • Low unemployment rates
  • Geography (how far are you from a viable workforce?)
  • High demand for specialized positions
  • Good employees get pursued by your competitors

While many of these challenges to employee retention success are out of your control, a little bit of attention can help you overcome most of them. The challenge of every HR professional is time; time to respond to all the emails, voice mails, or drop-ins at your office for employee management. If a large % of these HR tasks can be automated you will have more time to address employee turnover challenges.

Employee Satisfaction Surveys

As you can see from the statistics below, it is evident that “Employee experience and satisfaction” is what matters the most. The cost to your business is big when it comes to high employee turnover and figuring out how to maintain your current workforce.

How Not Automating Can Quicken Employee Turnover

Employee Turnover is the process of replacing a current employee with a new employee, calculating the frequency of these replacements is termed as turnover rate.   

The cost involved in replacing an employee is somewhere close to 60% of annual salary. Irrespective of all these losses, the time taken by the new employee to deliver the productivity of an existing employee is approximated to be one year. 

A research report by SHRM foundation states that, in the USA, the career job transition rate of professionals is greater than 25%. More Specifically, close to 500,000 managers prefer to get to promoted every year and jump companies once in 2-4 years. 

Over 75% of the reasons employees leave could have been prevented by the employer."

Work Institute, RETENTION REPORT, 2017

As we saw from the survey results, most of the turnover is fueled by lack of positive workplace culture and transparency in the organizational information; e.g.., performance reviews information, individual career path and so on.

Benefits of HR Automation

  • Assigning onboarding documents is as simple as a click and all that employee needs to do is sign, as all other information is auto-populated.
  • Payroll is auto-generated to the account provided by the employee upon approval of the manager, which simplifies HR efforts.
  • The transparency of onboarding to the employee is also much higher as everything can be tracked on the custom HR portal. This way HR automation improves the onboarding process.
  • Changes in an employee’s profile, data, or elections can all be completed in the same user-friendly interface.
  • Each employee’s documents are all auto-saved, which saves the effort of organizing them and auto copies are distributed for employee records.
  • All communications (phone, email, portal, and chatbot) with the employee will be in one location and managed through a process, not email or voice mails.
  • Implementing a mobile HR strategy would help to increase HR-employee communication, productivity and deliver better employee satisfaction
  • Through chatbots, HR department offers 24/7 support to employees helping them on HR policies, PTO's, employee data, answer questions, and create ticket requests for those questions they cannot answer.
  • By having chatbots and mobile strategy in place, an employee can be kept informed 24/7 through push notifications, wherein HR teams can push sensible organizational notifications instantly.
  • Running predictive analytics tools help HR to have workforce analytics data about each employee. This helps the HR to locate the performance issues and factors halting the employee growth. Based on these reports, HR can suggest training sessions or suggest ways to improve further. This increases the morale of the employees.

If you want to be an HR Hero get your HR process automated to create a stress-free, happy and memorable workplace for your employees and enjoy maximum employee satisfaction.

Save 12 Hours a Week With HR Automation

Topics: HR Automation Software, ServiceNow HR Automation, Human Resources Management, HR Automation

Get Weekly Updates

Practical Guide to HR Service Delivery