Technology in Total Rewards

Total Rewards & HRIS

An organization’s total rewards is based on its HR strategy, as each of the elements is designed to support the execution of HR objectives to achieve business goals. Total rewards are a key component of an offer of employment, organization culture, and employee engagement. When considering the use of technology for a total rewards program, organizations should look for functionality in such areas as payroll, benefits, employee self-service, attendance, recruiting, training, and workforce analytics. When a well-designed HRIS platform is utilized for a total rewards program, overall department capability and credibility is enhanced by enabling HR to:

• Manage the cost of labor and deliver analytics to make business decisions that improve organizational knowledge and efficiency
• Improve workflow processes through technology
• Ensure compliance with federal and state requirements
• Provide enhanced communications and ease of access to users anywhere

To choose the right HRIS platform for their organization, total rewards leaders can work with their human resources generalists, the company’s information technology department, external resources, as well as getting feedback from employees and management through focus group discussions or surveys. It is important to obtain feedback from current employees and managers about the organization’s total rewards programs because they are the end users of the system and their input can make the solution relevant, driving higher realized value and utilization. Finally, while IT staff might not understand employee benefits well enough to design a solution, they do understand the mechanics of online administration and software solutions and will be necessary to administer the chosen HRIS platform.