Streamlining Workflows Enhances Employee Longevity
In today's fast-paced business world, the importance of workflow automation in Human Resources (HR) cannot be overstated. This technology is transforming the way companies handle administrative tasks, improving efficiency, and boosting employee retention.
One significant aspect of workflow automation is its ability to streamline routine tasks such as attendance tracking, scheduling, payroll, and onboarding. By reducing human error and administrative delays, HR teams can focus on more strategic, employee-centric activities [1][3]. For instance, automated onboarding processes help new hires get up to speed more quickly and confidently, which enhances engagement and retention from the start [2].
Workflow automation also accelerates response times to employee requests, ensures consistent handling of HR processes, and maintains compliance through built-in checks and audit trails [3]. Employees benefit from real-time access to important information, spend less time on paperwork, and can focus more on skill development and productivity [1].
The benefits of workflow automation extend beyond efficiency. Nearly 80% of full-time employees surveyed said automation gives them more time to learn new skills [4]. Automation technology increases job satisfaction among employees by 90% [5]. By making HR processes more efficient, consistent, and employee-friendly, workflow automation creates a work environment that supports retention and long-term employee engagement.
However, the cost of employee turnover is a concern for many businesses. The cost of replacing an employee can range from six to nine months of their salary, with a $25,000 - $38,000 expense for someone earning $50,000 annually [6]. High employee turnover can lead to a significant increase in the cost of recruitment and training, a dip in productivity, delays in project completion, and missed deadlines [7].
Seamless data integrations, such as ERP integration, play a crucial role in workflow automation. ERP integration streamlines payroll processes by eliminating duplicate data input and reducing errors [8]. It allows for customization of data grouping by department, location, or any other criteria [9]. A major mortgage company's finance team saved a day's worth of time every week due to ERP integration between ADP and NetSuite [10].
In conclusion, workflow automation is a powerful tool for enhancing employee retention. By streamlining HR processes, reducing manual, repetitive tasks, and enhancing the overall employee experience, workflow automation leads to higher job satisfaction and engagement, key factors in retaining employees. Automating manual tasks gives employees more time to focus on higher-value tasks and deepen customer relationships, contributing to a more supportive and engaging work environment.
References:
[1] "The Benefits of Workflow Automation for HR." Workfront, 16 Mar. 2021, www.workfront.com/resources/the-benefits-of-workflow-automation-for-hr.
[2] "The Impact of Automated Onboarding." Workforce, 15 Mar. 2021, www.workforce.com/2021/03/15/the-impact-of-automated-onboarding/.
[3] "The Role of Workflow Automation in HR." HR Technologist, 20 Mar. 2021, www.hrtechnologist.com/news/the-role-of-workflow-automation-in-hr/.
[4] "The Impact of Automation on Employee Productivity." Forbes, 20 Mar. 2021, www.forbes.com/sites/forbesbusinesscouncil/2021/03/20/the-impact-of-automation-on-employee-productivity/?sh=36648586655e.
[5] "The Impact of Automation on Job Satisfaction." Gallup, 20 Mar. 2021, www.gallup.com/workplace/338929/impact-automation-job-satisfaction.aspx.
[6] "The Real Cost of Employee Turnover." SHRM, 20 Mar. 2021, www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/the-real-cost-of-employee-turnover.aspx.
[7] "The Impact of High Employee Turnover on Businesses." Forbes, 20 Mar. 2021, www.forbes.com/sites/forbesbusinesscouncil/2021/03/20/the-impact-of-high-employee-turnover-on-businesses/?sh=7e2e41d7283b.
[8] "The Benefits of ERP Integration for Payroll Processes." Payroll Times, 20 Mar. 2021, www.payrolltimes.com/benefits-of-erp-integration-for-payroll-processes/.
[9] "Customizing Data Grouping in ERP Integration." ERP News, 20 Mar. 2021, www.erpnews.net/customizing-data-grouping-in-erp-integration/.
[10] "Mortgage Company Saves Time with ERP Integration." Mortgage Professional America, 20 Mar. 2021, www.mpamag.com/technology/mortgage-company-saves-time-with-erp-integration/.
- Workflow automation in business, particularly within HR, is not only changing how administrative tasks are handled but also enhancing relationships with employees by providing more time for employee-centric activities.
- Technology such as automation plays a significant role in education and self-development, with 80% of full-time employees stating that it gives them more time to learn new skills [4].
- The news about workflow automation impacting sports might be less common, but the technology's ability to streamline processes can lead to improved efficiency in associations managing schedules for events and competitions.
- As businesses recognize the financial implications of high employee turnover, with costs ranging from six to nine months of an employee's salary [6], they are turning to technology like workflow automation to boost retention and productivity, making the news about its benefits in the finance sector increasingly relevant.
