Employee engagement and the recruitment process
Building lasting relationships with employees, and thus their involvement in the company’s activities, begins at the time of recruitment. According to the research conducted by the Brandon Hall Group, efficient onboarding and support during the adaptation period can increase employee retention by as much as 82%! Streamlining the recruitment and onboarding processes for new team members promotes positive integration and builds a sense of belonging.
SAP HXM is the result of integrating SAP Successfactors with the SAP HCM module. The solution helps increase the effectiveness of recruitment activities and their transparency by centralizing candidate data, automating recruitment-related tasks, and analyzing key recruitment performance indicators. Thanks to the tool, employee engagement is built from the first days in the organization. It is also a way to better match new team members to the needs and culture of the company.
High employee retention through effective compensation management
Employee engagement and retention are undoubtedly influenced by satisfaction with compensation and access to benefits. Satisfaction with compensation is an important element in building loyalty to the organization and increasing satisfaction with the tasks performed.
SAP HXM provides flexible management of compensation and additional benefit systems, such as health insurance and incentive programs. The tool makes it easy to create an attractive compensation package that results in high employee retention. SAP HXM also enables you to automate payroll processes, reducing the risk of errors in calculating compensation. All payroll information is collected in one place, making it easier to analyze and monitor compensation changes in the company.
Employee retention and access to training
SAP HXM capabilities are not limited to the above. The platform also provides easy access to a rich library of educational resources, including online training, e-learning courses, and training materials. It is an opportunity for employees to develop their professional skills and enhance their competences. Feedback modules provide feedback on achievements and development progress.
Additionally, SAP HXM allows you to test employee engagement using advanced data analysis modules. With this tool, you can better understand the needs of team members and take immediate action to increase retention.
To learn more about how SAP HXM can improve the employee experience and the system’s numerous features, contact Hicron consultants. You can also count on their support during the implementation and operation of the tool.