These days, firms have a host of HR issues to deal with. As well as payroll solutions, they must ensure they comply with all the necessary employment legislation, health and safety rules and other such things. Of course, they can get HR and payroll companies to help with this, lessening the burden in the process.
According to one organisation, HR priorities are changing as the global economy begins to pick up. Research conducted by Bersin & Associates suggested that businesses are increasingly looking to rebuilding growth and skills development and innovation.It polled 130 companies around the world and suggested that the industries seeing the greatest revenue growths are financial services, food service, manufacturing, transportation and technology.
Those behind the study claimed that fast-growing enterprises should focus on building skills quickly among new employees and senior workers. Meanwhile, they should also actively establish relationships with prospective workers though employer branding and social networking-based advertising.Furthermore, they ought to make use of talent management software to create internal career mobility and succession plans and make sure their working environments are vibrant and drive performance.
Of course, they could also make use of payroll solutions provided by HR and payroll companies.Josh Bersin, chief executive officer and president of Bersin & Associates, said: “We are re-entering a marketplace in which talent will play a vital role.”
He added: “Skills gaps in supervisory-level and midlevel leadership are now becoming a major focus, along with the need to identify and promote emerging talent. Nearly half of all organisations state that they are experiencing difficulty filling key positions – up from 35 per cent last year.”Mr Bersin went on to suggest that organisations are now engaging in a “war for talent” and age, geography, gender, organisational boundaries and other such factors are gradually beginning to disappear.