10 Tools to Build a Formidable HR System

Managing a business and not being stressed are two things that seldom happen together. We know it can get hectic and the last thing you want to worry about are administrative tasks. Don’t worry we have the perfect solution for you. Here are 10 ways in which you can easily manage all your HR tasks and give employees a smooth and happy working environment

• Team Building and Management

The first step to growing your business is hiring a well-equipped and talented team. Hiring can be difficult. Contracts, employee forms, there is a lot to track.

But we have got you covered. Simply use Gusto. It is a one-stop destination for all HR tools. It sends out well-written offer letters to your new team, minimises paperwork and manages all contracts and forms. Not just that, it also provides a grand red carpet welcome for your new team. Well, who doesn’t want to make a great first impression?

Once your team is on board, you can also use Gusto to manage your team and assign tasks. This helps in reducing long trails of emails and everything auto-updates with the employees.

• Time Tracking

You’ve hired a great team, you have distributed them their tasks. It’s now time for you to track your employees and keep your business in check. This can be done by keeping in check hours, overtime, time offs and holidays of employees. It also helps in calculating salaries and bonuses.

Gusto offers an interesting time tracker. Where employees can enter their work hours, overtime, apply for holidays and time offs, and everything can be approved and synced together. This provides a transparent, and easy interface. And there is no need to maintain and cross-check excel sheets every month.

• Expert HR

Your new business can go into a huge loss with a lawsuit. And you must avoid it at all costs. Lawsuits caused due to bad labour practices and harassment can create an unhealthy and unsafe environment. This can reflect badly on your reputation too. Thus, it is important to stay updated with the laws and policies to ensure you do not miss out on anything.

To make this simpler Gusto offers an online personalised HR service as an add-on, and their experts will take care of all the necessary compliances, harassment prevention, labour laws etc. Additionally, they will also take care of building an employee handbook, contracts, termination letters etc. All customised to your need.

• Payroll Management

Payroll Management is tracking the salaries and bonuses of your hourly, salaried and other employees, ensuring payments are done on time, filing taxes, managing employee hours, etc. Sounds overwhelming, doesn’t it? Doing it manually, spending hours on your excel sheet tracking and calculating is something you do not have to do anymore!

Here is how Gusto manages your Payroll:

• Keeps track of work hours, time offs and automatically calculates salaries.
• Reminds you before every payday.
• Calculates and files your taxes! (Who likes doing taxes anyway.)
• It syncs with many other apps, so you don’t have to worry about refilling all your data.
• 5.   Employee Benefits

Employee Benefits are very important. Health insurance, commuter benefits are all necessary for your employees. But again, manual calculations, providing limited options and addressing all your employees’ questions can become quite tedious.

Gusto’s Benefits feature comes FREE with the Payroll. It provides 100s of safe and licensed insurance and other benefits options to choose from. They have an option for every budget. Your employees can choose their program and it will automatically be synced with your payroll. So no more miscalculations!

Gusto also allows employees with call assistance, so all their questions will be solved by their expert team and you remain stress-free.

• Gusto Cashout

All employees face some uncertain expenses and waiting until payday is not always an option. And as much as we would like to help them, we cannot always. This is where Gusto’s most unique feature comes in handy. It allows employees to withdraw urgent cash before payday, as per their estimated wages. This comes with no extra cost and is free. It won’t even affect your account books and will be auto-updated in payrolls.

This is something you can only do with Gusto Cashout, that too at no extra costs. This can be a huge incentive to get newer employees and keep them motivated.

• Worker’s Compensation

As we mentioned, lawsuits HAVE to be avoided. Accidents on the job can happen and compensating workers is the law in most countries. Thus, investing in a good worker’s Compensation Insurance is the best decision to cover all costs and recover from an accident.

Of course, how could you miss out on this? They provide you with several options of policies to choose from and an easy 3-step procedure so you can register within minutes.

They also provide you with personal assistance if needed. And don’t worry, Gusto was designed for small businesses so they surely have an option for every budget.

• Long-term Savings for Employees

One of the best HR practises is to provide employees with long-term saving solutions. This helps employees to save for their retirement and other needs. Gusto’s 401(K) Plan gives employees full control to manage their saving plans and contributions. There are no additional set up costs or hidden costs.

Such policies help in building the faith of the employee with you, and your company. This end of the day impacts their performance and of course, your business. Steady and long term growth requires immense cooperation from employees which requires you to make them feel secure.

• College Saving Plan

Every business is always on the lookout for young and new talent. How about you provide your young employees (or rather any employee) willing to save for college or future education with some plan. Check out Gusto’s College Saving Plan and provide an easy step by step saving guide, specially curated for their goals.

• Integrations

Have you tried other online tools for HR management? And want to shift to Gusto because it offers all HR solutions at one place. But the only thing stopping you is switching and transferring piles of data from one tool to another is a cumbersome task? We understand, but here’s something that no other website will offer you. Auto-sync!

Yes, you heard it right! Gusto Integrations allows you to sync with almost every online HR tool. Your data transfers within seconds. You have no excuses to make now!

Conclusion

These are the 10 most important HR tools to go on with your business. All performed at one place with Gusto. No, don’t drift away thinking your new business cannot afford these services. They were designed for you. Their prices start at a very affordable range. Check out their website and upgrade your business today!