10 | Alstar EMS
Regardless of which industry you are in, the HR, technology and beneets landscape is rapidly changing around you. There are
trends currently being employed in HR departments across all industries. One of the biggest and most broadly accepted is the
use of technology to streamline and improve operational efficiency. This technology is providing business with a new set of
tools allowing HR departments to function in ways previously not possible. One example is Performance Management which
allows a company to monitor and track the performance of its employees through actual data and not through anecdotal
information. Another is Time and Attendance which allows employers to capture time accurately, account for PTO and other
accrual based policies and ultimately pay their employees the right wage for work performed. Included in most applications is
an Employee Self-Service portal where an employee can see all their pay and beneets’ related information, make changes to
personal information as well as W4 elections and track licenses, certiications, performance reviews. It provides them the tools
become less tactical and more strategic. The company derives real value from these systems with the ability to access and
report on all this information quickly and easily. The days of compiling data from various spreadsheets and ling cabinets can
be long gone. The CFO can have real time nancial information at his/her ngertips, the VP of HR can have beneet enrollment
and cost information and the payroll department can access past years tax information quickly. This data comes from a single
platform insuring data integrity.
Unicorn HRO is taking all necessary steps to ensure we are up to date with the changing government regulations as they relate
to the Affordable Care Act (ACA). Provisions of the new health care act will roll out in stages over a period of time, so it is
important for businesses to begin making immediate and long-term plans for the impact on beneets, payroll, taxes, and
compliance reporting.
These changes are already starting to take place, from tax reporting to payroll administration and employer-sponsored
beneets. We are closely monitoring the changing legislative and regulatory measures.
Unicorn HRO specializes in fully integrated beneets, payroll and human resources solutions. With industry-leading client
retention, Unicorn HRO currently services the HR needs of more than 900 domestic and international companies. Unicorn HRO
has offices in Durham, NC, Seattle, WA, Houston and Dallas, TX. For more information, visit www.unicornhro.com.
www.UnicornHRO.com