If you work in HR, you’ve got a lot on your plate. Chances are, your team is not only responsible for payroll and benefits, but recruiting, onboarding and offboarding, culture and engagement—the works! Fortunately, there are tools out there to help make your job easier. Like… a lot of tools.
So many, in fact, that assembling the right combination—what we call an HR tech stack—can be an overwhelming and exhausting ordeal.
That’s where we come in. In this handy guide, you’ll learn how to build an HR tech stack that actually works for your team… with some of the very best tools out there.
Here’s what we’ll be covering:
- What an HR tech stack actually is
- How to build an HR tech stack
- HR tools for recruiting and hiring
- HR tools for onboarding
- HR tools for payroll
- HR tools for benefits
- HR tools for employee engagement
- HR tools for performance management and reviews
- Human Resource Information System (HRIS) tools
Ready? Let’s dive right in!
What is an HR tech stack?
A Human Resources technology stack—or simply HR tech stack—is any combination of integrated digital tools and software used to streamline, optimize, or otherwise support a company’s HR functionalities. An HR tech stack can systematize traditionally complex processes—like recruitment and hiring—or automate administrative tasks, such as payroll and benefits.
What does an HR tech stack look like? Well, that’s up to you! It can incorporate everything from robust HR information systems (HRIS) down to single-task tools, like recognition software or employee engagement surveys. When built properly, an effective HR tech stack should help your team run like a well-oiled machine. The key is selecting the right tools to address your unique challenges and needs.
How do you build an HR tech stack?
When it comes to the latest in HR technology, it’s easy to get distracted by all the bells and whistles. Before you commit to a new tool, however, you’ve got to have a game plan—a system for sourcing, evaluating, and ultimately selecting the best choice for your team. Otherwise, you could find yourself stuck with software that isn’t the right fit or winds up causing more headache than it’s worth. Here’s the IDEA:
- Identify your specific needs and areas of improvement
It’s tempting to dive straight into new software and tools, but you need to have a clear understanding of your team’s needs first. Take a good look at the tools and systems you have in place already, and see if you can spot any gaps. Start by mapping out your current workflow for payroll, recognition, benefits, etc., and identifying areas for improvement. How are you actually spending your day? Are there any tasks that drain valuable time and resources? What about the rest of your team?
Hot Tip: If you know you want to streamline your HR processes but aren’t quite sure where to start, a simple time tracking tool like Clockify can give you a better sense of the amount of time you’re spending on different tasks throughout the day. Manually responding to job applicants or managing older software systems might be eating up more hours than you realize!
- Determine your priorities
After you’ve taken a critical look at your existing systems, you may have identified several areas which you’d like to improve. Unless you have an unlimited budget, it’s likely that you’ll need to pick and choose where to invest your resources. Involving your senior leadership team in this process will help ensure your priorities are aligned with the company’s.
- Establish your budget
Don’t book a software demo or start comparing prices until you know exactly how much you have to spend. Once you have a clear understanding of your budget, your search will become a whole lot easier. You’ll also save precious time by avoiding products that don’t fit.
- Ask the right questions
Now that you’re ready to start checking out different tools, it’s a good idea to establish some baseline questions for you to answer. These will help you compare and evaluate your options. Some suggestions:
- How does this tool align with my company’s goals?
- How would this tool improve my workflow? Is it easy to use?
- Does this tool offer enough support to my team?
- Is this tool compatible with our existing technology?
- Does this tool meet my team’s security requirements?
- Will this tool scale, as my team and company expands?
You don’t need anything fancy here—just a simple spreadsheet where you can record the results for every tool you’re considering.
That said, keep the IDEA framework in mind as we dive into buzzworthy tools in the HR market!…
Source: Bonusly Blog