Personnel Management Systems could bolster personnel retention by improving workplace satisfaction
Personnel Management Systems featuring extensive team rostering capabilities could potentially help maintain and improve the overall levels of employee satisfaction within the workplace, thus preventing the high levels of “brain drain” that is affecting British SMEs.
Small firms are suffering the most from ‘brain drain’ due to poor benefits structures, with nearly one in five employees (18%) at SMEs leaving their job each year, according to research from Pure Benefits.
Small businesses with fewer than 50 staff employ more than 12.4 million across the UK and have total annual turnover of more than £1.2 trillion. The study found that around 450,000 of those employed at SMEs switched positions each year in the past five years, claiming a major reason to be lack of benefits at their firm.
When it came to benefits offered, the most common was a pension scheme, provided by 77% of SMEs with 25 to 49 staff, and 72% of firms with between five and 25 employees. The smaller SMEs were least likely to offer critical illness cover (provided by only 14%).
Stuart Gray, founder and chairman of Pure Benefits, warned of a small business “brain drain”, as talented people may choose to leave for an organisation with a stronger benefits package. “Well-designed and cost-effective employee benefits are a major driver in enabling businesses to grow and ensure staff feel valued and are more productive as a result,” he said.
Tensor offers advanced Personnel Management Systems
Advanced staffing, personnel management systemsand time and attendance solutions play an important part in the overall management of employees.
Additionally, time and attendance systems provide the data required for organizations to better manage both tactically as well as providing a future view of workforce requirements based on the strategic plans of the organization.
Last, but certainly not least, human resources modules implemented across T&A systems enabled HR departments to manage the available talent pool and keep employees engaged and satisfied by providing them with incentives that go beyond salary, such as continuing education and tuition assistance.
Tensor offers a comprehensive range of workforce monitoring and management options, that can be used by companies of any size in order to staff at optimal levels, match roles with patient requirements, improve employee satisfaction and also elevate the overall level of care delivered.