Why would it be important for a company to have an employee and managerial self-service portal?

Why would it be important for a company to have an employee and managerial self-service portal?

Why would it be important for a company to have an employee and managerial self-service portal?.Companies must be able to be competitive in the global economy in order to survive and thrive. In order to be competitive a company needs to be able to recruit, train, compensate and retain the best and brightest workforce

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Why would it be important for a company to have an employee and managerial self-service portal?
Companies must be able to be competitive in the global economy in order to survive and thrive. In order to be competitive a company needs to be able to recruit, train, compensate and retain the best and brightest workforce.
For managers, using a self-service portal can be a secure and immediate way to check the status of their employees’ career progress. They can check to see if they have completed training tasks, are achieving education goals and if they are being compensated and promoted appropriately.
For employees using a self-service portal can put them directly in charge of their career goals, make training more convenient by being available online, let employees update their information based on life events (i.e.: Adding a dependent to health benefits access in case of marriage or birth of a child.) and having immediate access to company policies and procedures. Portals can also integrate company email and messaging systems into their portal applications.

How do these portals benefit an organization?