Payroll & HCM for Healthcare Industry

Like other industries, the healthcare field is subject to a wide range of local, state, and federal regulations that change frequently, often within the same calendar year. Healthcare regulations are especially stringent due to liability concerns, required training and certifications, and the need to ensure workplace safety and patient welfare.

IRIS Payroll & HCM ensures that your payroll, timekeeping, scheduling, benefits, and tax-related processes are fully legally compliant. We adapt our solutions based on your organization size, the jurisdiction(s) where you operate, and other key factors. Each client receives personalized support from our team of advisors, who help address any regulatory questions specific to your organization.

Many healthcare organizations employ a mixture of permanent and temporary employees, including on-call staff, leading to complexities in managing and calculating working hours, retainer-based pay, salary pay, and union-related requirements.

A qualified payroll provider with healthcare expertise can help avoid errors and penalties from manual payroll processing or a disjointed digital approach. With IRIS Payroll & HCM, you can enjoy automated and streamlined payroll solutions that generate payment reports, track deductions, and handle various tax-related concerns.

An ideal payroll solution offers lasting peace of mind with robust features for overtime tracking, managing holiday hours, tax calculations, and early detection of payroll errors or form entry issues. Equally important, it includes software and personalized support to ensure employee satisfaction, engagement, and retention.

By consistently providing accurate and timely pay, utilizing direct deposit, updating pay frequency, and employing other tools to enhance the employee experience, investing in a streamlined payroll solution supports a productive and motivated workforce. Conversely, relying on a manual or in-house approach risks reduced productivity, higher turnover, damage to organizational reputation, and potential compliance penalties.

Although a payroll software solution paired with professional support simplifies deductions and managing employee pay across classifications and scales, its value significantly increases when integrated with other HR and HCM processes.

At IRIS, we understand payroll’s intrinsic link to time and attendance, scheduling, and benefits administration. By consolidating employee and organizational data across all HR processes, we help reduce manual data entry, ensure accuracy, simplify recordkeeping, and support mobile employee self-service, thus enhancing transparency, employee agency, trust, and productivity.

As large quantities of data are consolidated across HR processes, eliminating the need for redundant data entry or concerns about inaccuracies, a payroll solution grants your organization the opportunity to leverage historical data to gain insights into employee hours, overtime trends, and labor allocations.

Easily generated reports and analyses through our workforce management platform enhance budgeting, workforce cost management, and fine-tuning of scheduling practices among staffing managers and supervisors.

Especially in the healthcare industry, employee questions about taxes, deductions, pay scales, overtime, and other compensation-related concerns are commonplace. Given the intensity and unpredictability of the work itself, employees value transparency regarding the payroll process.

To address these needs, IRIS Payroll & HCM emphasizes employee self-service, offering a fully mobile, cloud-based platform with 24/7 access. Through the ESS portal, healthcare employees can update personal information, banking details, review benefits, monitor overtime, and more. This is particularly valuable for temporary personnel, staff working at multiple locations, or those who prefer to stay consistently informed.

Providing an employee self-service portal increases trust in the payroll process and alleviates HR staff burdens, freeing them to focus on other essential tasks like talent acquisition and onboarding.