Written by Isabella Casale
Most company executives would argue that their employees are their organization’s most valuable asset. However, how can you capitalize on such a precious resource? The answer is through Human Resource data and analytics. Through HR analytics, you can discover how to most effectively manage your workers so that you can derive success for your organization and its team members.
Because no two employees are the same, HR analytics can help establish a customized employee experience to retain workers more effectively. Whether it be a more challenging role, specialized training, or a unique project that helps drive your employees' engagement, more motivated employees leads to higher productivity in addition to greater retention. Additionally, high levels of engagement help strengthen your organization’s culture by fostering office collaboration and enhancing communication.
High retention rates are more than just an attractive number on paper. According to the Harris Poll, bad hires are pricey, and choosing the wrong employees can cost your business tens of thousands of dollars. Taking advantage of preexisting pieces of data helps your organization save money, resources, and time. Organizational and employee-specific data points such as employment history, past job performance, training efficiency, training expenses, and employee revenue, provide insights that can assist you in determining and delivering the highest-quality applicant to complete your team.
According to McKinsey Global Institute, data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times more likely to be profitable. In a world abundant with data, why not take advantage of such a valuable resource? While turning numbers into insights may seem overwhelming and tedious, that’s where RJ Reliance comes into play. Since 2005 we’ve been helping organizations make sense of their data figures. Interested in discovering how RJ Reliance can transform your human capital? Contact us today - our experts are ready when you are!
Concern about cybersecurity is at an all-time high as the level of severity and sophistication of threats continue to evolve. The number of cyberattacks has been on the rise. In a recent University of Maryland study, researchers found that cyberattacks occur every 39 seconds. Furthermore, an IBM 2020 Cost of a Data Breach Report found that it takes the average business around 197 days to identify a security breach and 69 days to contain it. One reason for this prolonged response time is that security staff are receiving thousands or even millions of security alerts each month; many are redundant and take up valuable time to resolve. With a shortage of security analysts, these alerts take time to go through and sort out. The increase in attacks paired with this prolonged incident response time leaves many organizations vulnerable to attacks.
With this continued uncertainty and fear surrounding cybersecurity, businesses want assurance that their sensitive information remains safe and secure at all times. So, how can you keep your organization safe from potential security threats without spending tons of manual hours doing so? One way to do this is through IT automation and integration.
Automation is everywhere as more companies and organizations continue to invest in it. Gartner recently released a report saying that it expects organizations to run 25% more tasks autonomously by 2023. Automation is used to continuously improve the quality of integrations, connecting systems and applications from multiple solutions providers into one. It is critical to the success of any business as it is usually difficult to unify the various functions and vendors of a typical company’s HCM landscape. These processes are transforming the digital world and are vital in scaling the modern IT environment.
RJ Reliance is here to help. Alongside Virtual Practitioner, our automation and integration services help connect your HCM applications to any system to make manual tasks a thing of the past. We train Virtual Practitioner to complete tasks as simple or complex as your business requires, and it gets to work- including the completion of redundant security threats, leaving the more complicated threats to your business’s security analysts. Overall,Virtual Practitioner is designed to boost productivity, improve quality, and assist organizational growth by systematically streamlining repetitive transactions and integrating systems with robotic process automation.
Saves your business valuable time while securing your information is one of Virtual Practitioner’s specialties. Avoid the worry of integration system failure, and rest assured that your systems are secure while having your cybersecurity threat processes simplified. Virtual Practitioner handles all technical challenges, including upgrades, security, and compliances across a hybrid IT landscape.
Security automation is no longer a “nice to have” tool for your business; it is now a must in today’s IT environment. With more effective technology in place, the proprietary information belonging to your business and your client's business remains secure, ultimately maintaining your business's reputation while maximizing the work done by your security analysts.
Automating and integrating your technology applications is a significant undertaking, especially when mitigating security threats. Trust in RJ Reliance to help you through every step of the process! Now is the time to learn more about our automation and integration services- reach out to talk to one of RJ Reliance’s experts today!
Written by Kirsten Scutaro
Every company must be aware of the importance of payroll compliance, especially since it must adhere to federal, state, and local jurisdiction requirements. Not only is payroll compliance a complex and expensive sector, businesses frequently surrender thousands of dollars in legal fees due to compliance errors. These legal penalties can be due to not meeting wage and hour laws, ineligible workers, tax fraud/ discrepancies, and so on.
On the surface, payroll compliance divides into four categories:
It is important to note that while this is a general overview of payroll compliance, every state and even county may implement a set of different laws that will impact your business.
With so many business functions happening simultaneously, there is undeniable demand to have every HCM system running to perfection. There is additional stress in the chance of facing legal penalties that can affect your confidence in your organization’s management. At RJ Reliance, we fully understand the headaches that come with running a company. Our payroll consultants are experts in automating and integrating your systems to simplify your business and improve performance quality. We are also here to reassure you that outsourcing your design will enhance operation by saving your business time, money, and energy. In addition, our payroll consultants are experts in tax law and can ensure that your business will not mismanage any payroll compliance. If you are experiencing any of these pain points or seek to avoid them, contact RJ Reliance!