Best HR Software to Manage Employee Data

Best HR Software to Manage Employee Data

Table of content

  1. Problems with Large Scale Data Management
  2. How Does it Apply?
  3. What are the benefits?
  4. To Wrap Up
  5. SCHADS Award Compliance Made Easy with Workstem

The complexity of handling employee information increases exponentially as businesses grow. For medium to large businesses, managing employee data at a big scale can be a source of frustration and difficulty especially when labour laws, Fair Work regulations and modern awards like the SCHADS Award are in the equation. To solve that efficiently, a human resource management software is the perfect solution.

Problems with Large Scale Data Management

A complete HR software lets you manage important employee functions such as onboarding, rostering, attendance, leave, expense claims, payroll, tax, superannuation and STP2.

Businesses that consist of large teams, particularly in industries under the SCHADS Award, must continuously manage employee rosters, payments, and legal compliance. This becomes even more challenging when handling changes for casual, part-time, and full-time workers. Data accuracy and timely updates are essential to avoid payroll discrepancies and legal penalties.

Key Data Management Issues:

  • Adhering to Modern Awards: Ensuring that all employees are compensated fairly in line with the SCHADS Award 2024 and other relevant awards.
  • Processing Bulk Updates: Applying changes like classifications, pay rate adjustments, or shift modifications for numerous employees simultaneously.
  • Maintaining Legal Compliance: Keeping up with Fair Work regulations and managing data for audits or reviews.

How Does it Apply?

Imagine a scenario where a company needs to update the classification levels for 50 employees due to a change in the SCHADS Award 2024. With traditional methods, this could take days and risk errors. By adopting a reliable HR software the process can be streamlined :

  1. HR manager initiates a bulk update in the system
  2. The software automatically recalculates pay rates based on the new classifications
  3. Affected employees receive notifications about the changes
  4. Payroll is automatically adjusted for the next pay run
  5. A comprehensive report is generated for record-keeping and compliance

This process, which could have taken days, is completed accurately in a matter of hours. It saves businesses from unnecessary time and effort.

What are the benefits?

In addition to saving time and effort, there are multiple other benefits that it brings to businesses of larger scale:

  • All-in-One HR Solution: It combines multiple HR tasks into one platform, simplifying the entire workflow.
  • Compliance with Modern Awards: It ensures businesses remain compliant, automating complex award interpretation and payroll calculations.
  • Real-Time Data Tracking: It allows real-time tracking of employee attendance, working hours, and leave balances, providing up-to-date insights and helping streamline payroll processing.
  • Automated Payroll Processing: It automates payroll calculations, ensuring accurate payments for various types of employees while simplifying compliance with tax regulations, superannuation, and overtime rates.
  • Customizable Rostering: It allows for flexible rostering, making it easy for businesses to schedule employees, track shifts, and adapt to last-minute changes, improving workforce management efficiency.

To Wrap Up

Investing in HR and payroll software in Australia can help to take a huge workload off from your team as well as a good positioning for sustainable business growth. Employers who adopt it quickly will find themselves well-equipped to face future challenges and opportunities. The question is no longer whether to digitise HR processes, but how quickly and effectively your business can make this transition.

SCHADS Award Compliance Made Easy with Workstem

Workstem HR Software provides a comprehensive solution tailored for community and social services organisations. Our software includes pre-built modern award interpretation covering 122+ awards and 34 EBAs, ensuring accurate pay rates and keeping you updated on penalty rates and award entitlements.

By automating payroll processing and offering features like scheduling, attendance tracking, leave and expense management, and a robust payroll system, Workstem simplifies HR processes and reduces administrative burden. Choose between our Standard and Advanced plans to enjoy additional benefits such as Fair Work compliance, an employee self-service App, and customised rule sets.

Don’t miss the opportunity to optimise your operations – book a free demo with our payroll experts today and experience the efficiency and accuracy of Workstem HR Software in streamlining SCHADS Award compliance and enhancing HR management.

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