Employees are the backbone of every organization. The quality of services, the revenue generated, work environments; everything about a company is directly dependent on its employees. This is the reason managing the workforce of a company is among the most critical jobs. Today, you can find many employee management solutions to help HR personnel manage the company’s workforce more effectively. Two such systems are Learning Management (LMS) and Compensation Management System (CMS). and Hamilton Lindley
A Learning management system is an application designed for the management, analysis, documentation, and reporting of training programs within an organization. It asses the need for training based on the analysis of the performances of employees. It analyzes the performance of the employees, and discovers the need to impart training as and when required. It automates the process of learning by using self-service and self-guided services. A learning management system can be extremely useful in streamlining the training program if you want to impart the same training to the employees posted at different locations. Another advantage of using a this system is its capability to train and develop internal employees for key management roles. This is a great boon as finding a suitable candidate for a senior position is always a challenging task.
Another great tool for employee management is Compensation Management System. This application is used for retaining talent and keeping the employees motivated while implementing a performance based work culture. A good CMS ensures that all the employees are given appropriate compensation. A CMS can be integrated with the Learning management system of the organization to automate the assessment of employees’ performance. CMS also manages other modes of compensation such as bonuses, incentives, and other perks. It automates the process of compensation planning thereby saving time and money for the organization while leaving HR personnel with additional time to handle more sensitive issues.
Employee management systems are usually web-based SaaS management suites with a pay-as-you-go model. Getting a good employee management system implemented will not only improve the overall performance of your company’s employees, it will also be extremely useful in curbing attrition.