Features
WagesHR revolutionizes team management by offering a comprehensive and efficient solution for all HR processes. From employee onboarding to payroll management, WagesHR simplifies and streamlines your HR operations.
WagesHR goes beyond traditional HR platforms, offering a comprehensive suite of features designed to streamline workforce management. Explore the extensive functionalities that make WagesHR an indispensable tool for your organization:
- Employee Records:
- Enhanced Security: Utilize robust encryption options, including decentralized* and wallet-encrypted storage*, ensuring the utmost security for sensitive employee information.
- Calendar:
- Holistic Scheduling: Seamlessly plan vacations, monitor employee hours, and track project milestones with an intuitive calendar interface.
- Project Progress Tracking: Gain insights into project timelines and milestones directly within the calendar, fostering efficient project management.
- Invoicing:
- Transparency and Accountability: Empower employees to generate invoices and access payslips effortlessly, promoting transparency and ensuring timely payment processing.
- Customization Options: Tailor invoices to meet specific organizational and employee needs, enhancing flexibility in financial transactions.
- Payment Flexibility:
- Cryptocurrency Integration: Provide employees with the option for automated cryptocurrency* payments or traditional bank transfers, offering a convenient and flexible payroll experience.
- Earnings Accessibility: Ensure quick and easy access to earnings through various payment methods, catering to diverse employee preferences.
- Expense Management:
- Comprehensive Control: Effectively manage expenses, promoting financial health through our comprehensive expense management tool.
- Real-time Monitoring: Keep a real-time pulse on expenses, allowing for proactive decision-making and cost control.
- Annual Performance Reviews:
- Performance Documentation: Streamline the process of conducting and documenting annual performance reviews, fostering team productivity and employee development.
- Goal Setting: Facilitate goal-setting discussions within the platform, aligning individual objectives with organizational goals.
- Alerts:
- Timely Notifications: Stay informed with timely alerts for payment processing and leave request validations, ensuring that critical actions are addressed promptly.
- Customizable Alerts: Tailor alerts to specific criteria and preferences, providing a personalized experience for users.
WagesHR transforms workforce management into a well-organized and empowering experience. From secure data handling to flexible payment options and comprehensive performance tracking, WagesHR is your key to efficient and modern HR practices.
Above all, is there an HR professional who doesn't fantasize about having a dashboard incorporating key performance indicators (KPIs)? There is a myriad of KPIs that vary depending on the company and HR management practices. However, Wag3s aims to make some of these KPIs accessible to everyone: automated and customizable. Here are the primary ones that HRs can monitor with WagesHR:
- Turnover Rate: Measures the percentage of employees who leave the company over a given period. A high turnover rate may indicate retention or employee satisfaction issues.
- Employee Satisfaction Index: Evaluates the level of employee satisfaction within the organization. This can be measured through surveys, individual interviews, or other methods.
- Absenteeism Rate: Calculates the frequency and duration of employee absences relative to total working time. A high absenteeism rate may indicate morale or employee health issues.
- Cost per Hire: Measures the average cost associated with each new hire. This typically includes recruitment fees, advertising costs, etc.
- Recruitment Process Duration: Evaluates the time required to fill a vacant position, from posting the job opening to selecting the candidate.
- Training and Development: Measures the effectiveness of employee training and development programs. This may include the percentage of trained employees, training costs, and progress made.
- Diversity and Inclusion Index: Assesses diversity within the company in terms of gender, ethnic origin, etc. This may include workforce composition and initiatives to promote inclusion.
- Employee Productivity: Measures individual employee or team productivity. This can be assessed based on goals, completed projects, or position-specific indicators.
- Cost per Employee: Calculates the total cost of labor per employee, including salaries, benefits, and other associated costs.
- Employee Engagement Index: Evaluates the level of employee engagement and motivation within the organization. This can be measured through periodic surveys or other assessment methods.
Decentralized Storage: A method of storing data across multiple nodes in a network, rather than in a single centralized location. This enhances security and reduces the risks associated with central points of failure.
Wallet-Encrypted Storage: A form of digital storage where data is encrypted and secured using cryptographic methods similar to those used in digital wallets, enhancing data security and privacy.
Cryptocurrency: Digital or virtual currencies that use cryptography for security and operate on a decentralized network, typically a blockchain. They are distinguished from traditional currencies by their decentralized nature.