This tool is designed to cover the operational needs of an HR department. It helps with compensation, payroll, disability, insurance, tax management, and keep employee records. It helps you log employee attendance and records time sheets as well. The payments made to employees also include the option of various benefits such as offering stocks.
Zenefits allows you to produce a wide range of reports – all on the basis of the data fed into the system. You may use these reports for tax filing as well as analyzing human capital and other resources. It is one of the most comprehensive HR tools available in the market and has been designed for compliance with the taxation and employment laws in USA.
In today’s marketplace, there are tons of HR tools and technology than ever before. Unless you have a clear understanding of your HR business needs, and what you want to achieve now and in the future, you’ll find it difficult to find the right tool for your business. The software industry has evolved to meet the workforce needs of businesses of every size. Some of these tools help meet needs such as a competition for talent, demographic shifts, and the change in economy. Don’t be dazzled by the products available out there. Your objective is to not just support your business, but build and manage a more effective workforce.