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The construction industry is facing severe workforce challenges. Workers are in short supply and once hired, many companies are struggling to retain their best employees.
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Benefits administration, or employee benefits management, is one of HR’s biggest responsibilities. Every year, HR must evaluate, manage and provide benefits, like health insurance, to employees. Between deciding which plans to offer, assessing eligibility, communicating available benefits and enrolling employees, the entire process can be a time-consuming task.
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Construction Enterprise Resource Planning (ERP) systems are essential for managing core business processes. But if your ERP doesn’t talk to your HR systems, the benefits it provides might be squandered. While ERPs are designed to improve financial control, you could unknowingly bleed profits if your HR data is disconnected.