Empowering your line-managers, freeing-up your payroll staff

by with No Comment EmployersEntrepreneursLatest Payroll NewsPayroll Administratorspayroll professionals

In a recent Accenture report entitled The Platform Economy, it was revealed that “81% of executives say [that] platform-based business models will be core to their growth strategy within three years.” This interesting claim makes it clear that managers and business owners have recognised that an excellent software platform may well be a significant contributor towards the ensured longevity of an organisation’s success.

Whether you’re a business owner, a manager or supervisor, we can all identify with the frustration of having to find and/or collate information in order to make a necessary business-related decision. For this reason, since your time is precious to you, pressure rapidly accumulates when you feel that your time is being misspent. When your employees demand immediate answers, there is no greater frustration than having to stop what you’re doing, in order to find the relevant information that your employees are pressuring you for.

Disempowering situations result in frustration

Now, cast your thoughts back to the countless, tedious authorisations and forwarding of claim documents that you’ve had to attend to. Or the innumerable leave forms that you’ve had to forward to your payroll department. (Come to think of it, perhaps we ought to spare a few sympathetic thoughts for payroll departments everywhere!)

For example, have you ever been in the situation where—when busy with the planning of your staffing schedule—you’ve had no clue which of your staff will be taking a period of leave?

Or, have you ever attempted to resolve an overtime-related remuneration query without having due access rights to the necessary system records in order to troubleshoot the query? Does this not compel you to take a walk to your payroll department so that they can provide you with adequate additional information in order to be able to resolve the staff query that you’re dealing with?

Similar examples abound: trying to (manually) run the company’s performance evaluation process, or trying to report on staff-performance trends for the past three years, or being charged with accountability of an entire recruitment campaign that necessitates the collation of several interviewers’ interview notes.

Paymaster understands and identifies with your frustrations

At Paymaster, we understand and certainly do identify with some of the frustrations that you may well continue to experience.

Paymaster understands that you fairly acknowledge that you know you’re expected to ‘deliver the goods’, regardless of these frustrations. After all, as a salaried manager or supervisor, you’re employed to make a significant difference within the organisation despite these frustrations. And, if you happen to be the business owner, Paymaster also understands that you’d much rather be spending most of your valuable time ‘steering the ship’ (i.e. your own business) into the exciting unchartered waters of optimal future profitability and future organisational success.

At Paymaster, we understand that your job-portfolio places a high priority on achieving results which will most likely be measured by successes that are best recognised on the bottom line.

Paymaster understands that your valuable time and energy is of paramount importance to your organisation too.

Empowering your line-managers and freeing-up your payroll staff

You’ll be pleased to know (possibly you’ll even be a bit surprised to know), that Paymaster offers you access to a leading (comprehensive) software platform that has been designed to automate the management of your business’ human resources administration and payroll processes. It’s a matter of fact that the Paymaster system may well turn out to be a significant contributor to the longevity of your organisation’s future successes.

Bottom-line: the net-effect is that you will be empowering your managers and freeing-up your payroll staff, thereby allowing them to get on with more relevant and engaging management imperatives and payroll priorities.

What does the Paymaster human resource software platform involve?

The Paymaster human resource software platform provides the assurance that all aspects related to the human resources within your organisation will be adequately managed. For example, this includes taking control of your organisation’s payroll process, …right through to the budgeting exercise for new vacancies.

[tweetthis remove_twitter_handles=”true” remove_hidden_hashtags=”true” remove_hidden_urls=”true”]The Paymaster [Human Resource Software Platform] assures that human resources will be adequately managed. [/tweetthis]

A special feature of the software platform involves facilitating the management and tracking of a full recruitment campaign: beginning at the start (with the creation and placement of a recruitment advertisement), all the way to the scheduling and recording of employees’ exit-interviews.

The Paymaster human resource software platform is a “One system, One platform, Accessible to many” software platform.

Would you like to find out more? For an in-depth overview of the Paymaster human resource software platform, simply click here for all the details.


Conclusion

Once you’ve implemented the Paymaster human resource software platform at your company, your line-managers and payroll staff will without doubt be significantly more empowered because:

  • They will have significantly more free time to invest in working on tasks and projects that are of priority benefit to the organisation.
  • They will have to endure far less frustration, because the organisation’s human resources information will now be more easily and readily available at the mere click of a few (keyboard) ‘buttons’ (i.e. ‘right at their fingertips’).
  • They will be significantly more motivated because they would have gained the pleasure of being able to quickly and easily resolve HR-related enquiries.
  • They will be operating a software platform that maintains the strictest security and confidentiality of all HR-related
  • They will have complete peace of mind in knowing that all HR-related procedures are being followed, and that all HR-related documents will always be comprehensively completed and duly authorised.

What more could you wish for? Nothing really, because the Paymaster human resource software platform has got it all.[1]

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 [1] There are significantly more benefits and functions than this article covers: in addition, the Paymaster human resource software platform includes the following 5 solution categories: budgeting, position management, recruitment, performance evaluation and training. See brochure for more.

Would you like to know more? You are invited to contact Ian who will be happy to reply to any additional questions that you might have.

 

Six Attributes of Successful Entrepreneurs

by with No Comment Entrepreneurs

An owner’s dispatches from the front lines.

I recently read an article in The New York Times about a program that had been proving for many years what lots of people had long suspected — that SAT scores are not necessarily great predictors of college success. The piece got me thinking about my own observations about the relationship between college success and entrepreneurial success. Or perhaps I should say the lack of a relationship.

Choosing entrepreneurship might be one of the most simple and pure adventures you can take. No permission needed, no essays to write, no tests to take, no interviews to get through, no one to tell you what to do or what not to do — and of course no one else to take the credit or blame.

You need only the possibly crazy notion that someone wants to pay you money for your goods or services — and the guts to quit your job, sign the lease, borrow some money, spend the money and tell your spouse, parents, and/or parole officer. For some, this is invigorating. For others it is intimidating. It can be both. Certainly, it is very different from the more predictable paths of going to graduate school or getting a job.

As I said, in my 30 years in business, I have never seen a relationship between being a good student and being a successful entrepreneur. If anything, there might be some correlation between people who were bored or annoyed with school and people who succeed in their own businesses. I have my own theory that I have shared with college classes over the years — often at schools that would not have admitted me as a student but are happy to have me speak to their students.

I always enjoy telling the soon-to-be graduates that if they decide to go into business for themselves, the straight-A students will no longer have the advantage. While it certainly doesn’t hurt to be smart, I find that it is not enough — just as being tall isn’t enough to make you a basketball player. I believe successful entrepreneurs are likely to have six attributes that they don’t test for in school. Many people don’t know if they have these attributes until they take the leap.

1. Ambition. Most people believe they are ambitious, I think. But there is ambitious, and then there is 70-hour-a-week obsessive, driven, hungry ambitious. Can you make it if you are just kind of ambitious? Probably, in some cases. But most successful entrepreneurs I know paid some serious dues. They did not want to be successful, they needed to be successful.

2. Creativity. I’m not talking about painting a picture or writing a love song. I’m talking about coming up with innovative ideas about marketing, management or finance (preferably not toocreative in finance). Not all business schools do enough to encourage creativity, but it can really bloom in a business and have a huge impact on its success.

3.  Tenacity. I did not know this when I started, but tenacity is critical to starting and staying in business. Rookie entrepreneurs make many mistakes, and they have to be fixed. Plus, bad things and bad economies happen, and they have to be survived. Being stubborn can be a terrible attribute to have in school — but a great asset in business.

4. Risk tolerance. It is almost impossible to go into business without taking risk, and  it doesn’t necessarily get better along the way. Bigger buildings, more employees, more expensive computer systems, the list goes on and on. Some people can’t handle having a credit card balance, and other people can borrow big money without hesitation. Some people obsess about everything that can go wrong, some people don’t think about it or are confident they can deal with whatever happens. Nature or nurture? Don’t know. Doesn’t really matter. What does matter is that you know your own tolerance. Again, this is not tested in school.

5. Intuition. Some people are just better at seeing what is coming down the road and coming up with the right answers to vague questions. Think Steve Jobs. Even just a little bit of Steve Jobs can go a long way.

6. Personality. You remember the person who was always the life of the party in college but almost didn’t graduate? That person might be a successful entrepreneur (or might be living in a van down by the river). The meek may inherit the earth, but they are probably not going to be entrepreneurs. For an entrepreneur, an optimistic personality is a gift — and an occupational hazard.

That’s my list. It is the product of many years of observation and self-analysis. It is not scientific. I can’t prove any of this. But no animals were harmed, and the government was not involved. Let me know what you think — especially if you are a successful (or unsuccessful) entrepreneur.