From the course: Human Resources: Compensation and Benefits
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HR technology in compensation and benefits
From the course: Human Resources: Compensation and Benefits
HR technology in compensation and benefits
- Technology is such a part of everyday life that we often take it for granted. Need transportation? Open your Uber app. Want the answer to a trivia question? Log in to Google. Need directions from point A to point B, open a GPS app. Compensation and benefits are no exception when it comes to technology. Let me show you how HR information systems, or HRIS, facilitate the administration of payroll and incentive systems, as well as employee and manager self-service systems. Today's HRIS are affordable even for small businesses, and a key feature of all modern HRIS systems is the use of relational databases. A relational database lets a user sort the data by any of the fields. This becomes important in linking, for example, an employee's identification number to their dependents for purposes of enrolling a family in a health insurance plan. HRIS systems also allow employees to log in to a company's intranet, so they can make informed decisions about their benefits. They can ask what if…
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