Attract & Retain Employees

Bringing it All Together: A Path to Efficient, Effective HR

Businesses have learned to do many things in new ways over the past two years. The business of human resources (HR) is no different. With the rapid adoption of remote work, the challenges of attracting and retaining talent, and evolving compliance and reporting requirements, a business’s benefits and how they are accessed and administered is more important than ever.

One new framework that is gaining traction is called Human Capital Management (HCM). This integrated approach consolidates and links functions of HR so businesses can enjoy the convenience of consolidating HR and benefit services with a single vendor.

The business advantages of an efficient system can include freeing up HR professionals to spend time on strategic and employee-related matters, reducing errors that can lead to compliance issues and possible penalties, and increased employee satisfaction. If you want to learn more about consolidating benefits with one provider or about HCM, contact an Alerus business advisor today.