HR Best Practices to Boost Business Performance

January 31, 2024

Highlights

HR best practices give you a bird’s eye view of your HR operations and priorities.
Providing premium employee benefits, integrating new technology, and keeping up with changing regulations should be this year’s top priorities.
At ZumanHR, we provide a single-source solution to manage your business’s HR, payroll, and benefits administration. Contact us to learn how we can help!

Administrative tasks, like handling payroll and benefits, often keep HR teams too busy to focus on more strategic initiatives. However, by embracing the right tools and implementing HR best practices, businesses can streamline their daily operations and lay a solid foundation for achieving success.

Wondering where to prioritize your efforts this year? Read on to find out the top HR best practices that can accelerate your business performance.

1- Offer Competitive Benefits to Attract Skilled Professionals

To attract exceptional talent, maintain high employee motivation, and minimize turnover rates, companies need to offer a comprehensive benefits package.

Here are a few things to look out for when designing your benefits package this year:

Make your employees’ well-being a top priority by introducing family-centric benefits. Consider the possibilities of offering on-site childcare facilities or nursing services, enabling your workforce to seamlessly juggle their work and family commitments.
Integrate mental health support into your benefits package, ensuring your employees have access to counseling services and employee assistance programs (EAPs).

2- Simplify HR Processes With an All-In-One Platform

HR teams often have a lot on their hands, from processing payroll to managing employee benefits and meeting complex HR requirements. But what if you could handle these tasks from just one platform?

With an integrated HR solution, your HR team will be able to:

Gain instant access to real-time insights into your employees’ journey, from recruitment to retirement.
Make your payroll process more transparent and accurate, eliminating errors derived from manual processing.
Reduce the risk of costly fines and penalties by ensuring your business is compliant with labor laws and regulations.

Integrate HR Technology to Simplify Daily HR Processes

3- Ensure Workplace Compliance with Labor Laws

Keeping up with the ever-changing labor laws and regulations is crucial to minimize legal risks and provide a safe work environment. By staying informed and adapting accordingly, companies can protect both their employees and their business from any potential legal complications.

Here are a few HR compliance best practices for this year:

Regularly organize training sessions, emphasizing critical areas such as safety protocols, preventing workplace harassment, and promoting diversity and inclusion.
Accurately classify your employees to comply with wage and hour regulations, assess their eligibility for benefits, and meet your tax obligations. This will not only keep you on the right side of the law but also ensure that your employees receive the compensation and benefits they deserve.
Make sure your company’s policies and employee handbook are always aligned with the latest requirements. Pay special attention to important areas like leave policies and wage and hour laws.

Accelerate HR Operations with ZumanHR

Your HR team has a vital mission: attracting and retaining the best talent, as they directly influence your company’s financial success.

However, that might be challenging when you are constantly juggling admin tasks and dealing with disconnected and inefficient systems that demand duplicate data entry and add unnecessary tasks.