4 Today’s Message We can help you leverage the right technology to simplify the administration of HR & Benefits - saving you time, money and improving employee satisfaction. We focus first on understanding what you have and the business problem you need to solve. We analyze your needs and apply our market knowledge to determine the most appropriate options. Finally, we guide and support you through the configuration and installation process in order to ensure maximum value.
Solution Hierarchy 5
The Business Case 6 Research shows that superior HR practices accounted for a 47% increase in company market value on average. Source: Scott Cohen and Bruce Pfau, Consulting Psychology Journal, Aligning Human Capital Practices and Employee Behavior with Shareholder Value; Summer 2003.
7 HR is being asked to do more. Investing In The Right HR Administration Technology and Services Will Save Time & Money
8 What Is An HR Administration System? Recruitment Benefits Management Compensation Planning Training & Development Time & Attendance Performance Management Succession Planning Employee Administration
New Hire Processing
Termination Processing
Track Job Information
Track Personnel Information
Track Work Experience
Track Skills
Track Grievances
Reporting
Software that addresses HR’s needs.
9 Automated Enrollment Carrier Carrier Employee Carrier Save time and money. The Process
Open, new hire enrollment
Participant Modeling
Life Event Changes
View and Compare benefits
Verify eligibility
Access benefit statement
Benefits
Empower employees with key information
Eliminate need for printing communications
Forces enrollment rules
Shortens enrollment cycle
Reduces data errors
Reduces calls to HR
Streamlines data transfer process
Eliminates redundant data entry
HR Enrollment Database Payroll
10 Automated Recruitment HR Candidate Hiring Manager This strategic solution is focused on optimizing the workforce. Key Features Basic:
Requisition management
Job board integration
Resume uploading
Pre-screening questions
Key word searching
Applicant tracking
Candidate Ranking
Approval processes
Follow-up Reminders
Agency Access
Contact Logs
Reporting
Benefits
Save money
Post jobs with greater ease
Reduce your time to hire
Get better candidates faster
Automate your hiring workflow
Build an ongoing talent pool
Improve your marketplace brand
Job Boards E-Recruiting Corporate Site
What does it promise? 11 Example: Benefit Enrollment Automation *Source: Forrester Consulting, bswift TEI study – May 2009
Sample Feature Differences Requirement = Track Training
Administer training enrollment
Track training classification
Track training costs
Maintain current library
Update employee qualifications
Evaluate training requirements
Generate notices
Schedule courses
Marketplace Trends
16 Key HR Technology Trends Strong preference toward Software As A Service (eliminating reliance on IT) HRIS solutions are becoming more affordable and easier to use Increased adoption of Self-Service Technology solutions are being more tightly integrated
Payroll, HR, Benefits, FSA, 401k
Core HR with Best-of-Breed Solutions
Core HR vendors extending capabilities to compete with best-of-breed (niche) vendors Challenging workforce issues driving Talent Management Suites with particular focus on Recruitment
Define your objectives – Short and Long-term Vision
Understand the options available
Build your shopping list
Consider multiple vendors
Educate yourself
Script the demos
Define and weight your priorities
Understand selection and ongoing resource requirements
Select the vendor that is best aligned with your goals
19 Considerations Before You Buy How will your company grow in the next five years? How quickly will you launch? What is your budget? Do you have IT resources to support an on-site system? With what current systems must any new system integrate? Are you comfortable giving up control of private data – do you have stringent data security rules? What features are your priorities?
20 Success Strategies for Implementing HR Technology Build a business case to gain internal commitment Don’t treat as a single project with a start and end date Identify milestones to achieve success points – build momentum Make sure it’s not viewed as just an HR Project Get resource commitment and make sure they are accountable for results (can’t be someone’s second job) Technology alone isn’t the answer – will need to rework processes Understand that users will experience change Continue to sell internally Think strategically – use the data Implementation Plan “The difference is in the delivery”
How We Can Help.
Phase 1: The Discovery Process 22 Proposal 24 hours 2 Weeks Client Summary Form emailed to HRT Proposal or Discovery Prep Call between HRT and Producer Discovery Call with Client Analysis & Recommendations Client Decision Point Stop Phase 2
Summary of Findings Identify Situation Define Project Objectives Define Current Requirements Recommend Next Steps 23
Identify Situation
Define Project Objectives
Define Current Requirements
Recommend Next Steps
The Process 24 Research and Analysis Compare and contrast different vendors to ensure the right solution solves the problem.
Phase 2: Vendor Selection 25 2-4 Weeks Demo 1 Final Proposals Consult & Review with Client Product Demo’s Final Consult & Review Demo 2 Demo “n” Client Decision Point Stop Purchase & Implementation
Reap The Benefits Now. 27 Invest in the right HR technology solution for your organization. HR can reduce the time spent on administrative work by 40 – 50%* *Giga Information Group
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