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How the solution you use can save
big money and improve productivity
1 |
For talent management solutions to deliver an
immediate and demonstrable return on
investment (ROI) to colleges and universities,
they must address higher education’s common
challenges, as well as the unique hurdles facing
each institution.
Hobson & Company, a third-party research
organization, conducted in-depth interviews
with more than 15 higher education institutions
and found that SelectSuite®
, PeopleAdmin’s
suite of talent management solutions, delivered
a quick and compelling ROI.
By using SelectSuite, a typical organization
can see benefits exceed $1 million — all
while meeting the challenges inherent in faculty
and staff recruiting, search committee
management, onboarding, position description
management, recordkeeping, performance
management and reporting.
‘SelectSuite really captures the subtleties of the higher
education environment and uniqueness of our institution’
Research methodology
In this 2016 Hobson & Co. study
commissioned by PeopleAdmin,
Hobson’s team of independent
researchers conducted in-depth
interviews with more than 15
PeopleAdmin SelectSuite customers.
They found that the talent
management solution addressed
higher education customers’ unique
challenges and delivered a quick and
compelling return on investment of
over 2,000 percent in three years.
What this means to you…
To help college and university leaders
understand the cost and efficiency savings
SelectSuite delivers, Hobson & Company
used actual customer data to create a profile
of the measurable benefits a higher
education institution can expect.
| 2
Improved
time-to-fill
Better
application
screening/
processing
Faster
position
creation,
approval,
posting
Search
committee
efficiency
Improved
staff
engagement
Better
performance
evaluation
processes
Increased
retention,
less
recruiting
Simplified
reference/
transcript
collections
Streamlined
new position
requisitions
Other
benefits
$0
$50,000
$100,000
$150,000
$200,000
Typical financial benefit of improvements
to talent management processes
The key financial metrics for the sample
organization were calculated by standard
methods. The NPV calculation assumes
a 10 percent cost of capital.
NPV
$1,793,315
ROI
2,246%
Financial metric
3-year value
Payback
1 month
To see an example of these benefits, compare your
institution to this typical higher education institution:
• 1,500 employees
• 270 annual staff openings
• 75 annual faculty openings
• 3-month average time-to-fill
• Employees spend 40 hours per month managing
job descriptions
• 50 percent of employees receive annual
performance evaluations
For this sample organization, the three-year
investment totaling $94,000 generates a
positive return in one month.
The three-year net present value (NPV) is
$1.79 million, and ROI is 2,246 percent.
These benefits are split between the
organization’s cost savings — 28 percent —
and productivity improvements — 72 percent.
3 |
Faster recruitment
Customers interviewed spend:
• 75 percent less time creating, gaining approval and
posting new positions through (1) integrations with
job boards and (2) easy-to-use functionality for
managers to review and approve applications
remotely.
• Almost no time — close to 100 percent reduction —
screening and processing applications received,
through the use of automated screening features.
Improved time-to-fill
Customers interviewed experienced:
• 25 percent reduction in time-to-fill by streamlining
recruitment and hiring processes and facilitating
improved collaboration between team members.
• 50 percent reduction in temporary cover for open
staff positions, resulting in significant savings.
• 50 percent reduction in time and costs associated
with printing applications by transitioning to
electronic processes.
• Eliminated need for delivery of paper application
packets by delivering information electronically.
Expedited new hire onboarding
Customers interviewed report:
• 25 percent reduction in time to onboard, which
saves up to five hours per new employee, by
templating new hire processes and facilitating many
completion activities electronically.
• 30-120 minutes less time spent managing
onboarding per new employee hired, achieved by
improving visibility into task completion.
“SelectSuite helps us easily reduce the
applicant pool to the most qualified
candidates.”
- Assistant Director of Equal Opportunity/ ADA
at the University of North Carolina
“We definitely have improved recruiting
through a better selection of candidates
that result from the increased volume
of applications.”
- Manager, Recruitment Projects and
Initiatives at the University of Arizona
“Our bottom-line impact far exceeds
the costs of SelectSuite.”
- PA Team Co-lead, Academic Affairs at
Georgia College & State University
“We have easily cut time-to-fill
by two weeks.”
- Manager, Recruitment at
The Scripps Research Institute
“Learning our policies and procedures
is much more efficient for new
employees, and HR reps are now able
to focus their energy on answering
questions about benefits instead of
managing onboarding papers and
related workflows.”
- HR Specialist at Tarleton State University
Customer research that contributed to the calculations of these figures found SelectSuite
delivers improved efficiency, visibility and cost savings across various higher education
talent management processes, including:
Simplified collection of applicant
references and transcripts
Customers interviewed say:
• They spend 25 percent less time gathering official
degrees and transcripts by giving
applicants/employees a central location to upload
documents. That’s approximately two hours saved for
each new faculty hire.
• SelectSuite allows them to gather faculty reference
letters 75 percent faster using automated request and
collection processes.
Better performance evaluation processes
Customers interviewed estimate:
• Supervisors spend 65 percent less time on the
evaluation process using quick-scan dashboards to
help all evaluation participants stay on track.
• Spending 75 percent less time tracking and
managing evaluation processes after implementing
unique evaluation workflows for each employee type.
Dramatic improvements to reporting
and compliance processes
Customers interviewed reduce:
• Time spent creating talent management reports by
95 percent using the Analytics module’s powerful
tools for real-time reporting on key talent
management performance indicators, applicant
demographics, hiring insights, and more.
• Costs associated with employment-related lawsuits
and investigations by up to 20 percent by delivering
timely reports on investigation-related data. They say
the system also helps maintain compliance with
predetermined bargaining units and contracts.
“We now have a central place where
new hires can upload transcripts
themselves that is viewable by everyone
who needs access.”
- HR Specialist at Tarleton State University
“Instead of our recruiters spending
their time on processing, they are able
to spend their time meeting with hiring
managers and actually helping with the
recruiting process.”
- Project and Data Manager at
The University of Pittsburg
“Prior to PA, HR staff spent a lot of
time beating our heads against the wall
trying to enforce compliance with the
performance evaluation process … and it
would have taken two to three times longer
for a supervisor to complete the current
performance management process.”
- Associate Director, Human Resources at
Gonzaga University
“Analytics can help figure out where
bottlenecks are and also gives credibility
to any changes we’d want to make because
they’re data-driven … It took me two to
three times as long to aggregate and slice
and dice data manually to get it into a
format that is comparable to what is
produced in Analytics.”
- Manager, Recruitment at
The Scripps Research Institute
“It is super impactful to be able to
visually demonstrate the makeup of
applicants for specific positions as it
helps explain why we haven’t met specific
diversity requirements.”
- HR & IT Specialist at Oakland University
| 2
“With Position Management, everything
from creating new job descriptions to
having an automated approval process,
to creating online job postings, has
improved dramatically.”
- HR Information Analyst at
Worcester Polytechnic Institute
Enhanced position management
Customers interviewed measured 70 percent improvement
in the efficiency of position management processes by using
automated tools to create new positions based on current job
descriptions, manage approval workflows, and support
complex classification and compensation requirements.
Stronger intradepartmental
partnerships and efficiency
Customers interviewed experienced a 50 to 75 percent
reduction in cross-departmental inquiry calls and reported
faster workflow completion, resulting in a 5 percent
improvement in HR productivity.
Improved search committee efficiency
Customers interviewed felt SelectSuite reduced search
committee members’ time requirements by 30 percent using
an easy-to-access system to share materials and evaluate and
rank candidates.
About
Hobson & Company helps technology vendors and purchasers uncover, quantify and validate the key
sources of value driving the adoption of new and emerging technologies. Our focus on robust validation
has helped many technology purchasers more objectively evaluate the underlying business case of a
new technology, while better understanding which vendors best deliver against the key value drivers. Our
well-researched, yet easy-to-use ROI and TCO tools have also helped many technology companies
better position and justify their unique value proposition. For more information, please visit
www.hobsonco.com
5 |
“SelectSuite increases confidence and
trust in the process which helps cultivate
the relationship between supervisors
and their employees.”
- Associate Director, Human Resources at
Gonzaga University
“SelectSuite really captures the subtleties
of the higher education environment and
uniqueness of our institution.”
- Manager, Recruitment Projects and Initiatives
at the University of Arizona
| 6
About
PeopleAdmin is the leading provider of cloud-based talent management solutions for higher education.
Nearly half of all educators and administrators in the U.S. and Canada use these solutions to streamline
hiring processes, onboard new employees, efficiently manage positions and employee performance,
develop defensible audit trails, and simplify reporting. PeopleAdmin’s integrated talent management suite
includes applicant tracking, faculty search committee management, position management, onboarding,
and performance management. PeopleAdmin solutions are easy to use and supported by world-class
customer service. www.peopleadmin.com
For higher education institutions to achieve
their academic missions, effective talent
management is key. By acquiring, developing
and managing the right people in the right roles,
institutions support student achievement, spur
innovation and advance knowledge.
Independent research from Hobson & Company
found that PeopleAdmin’s SelectSuite talent
management solution empowers colleges and
universities to improve efficiency and
transparency around talent management
processes — allowing them to meet institutional
objectives and experience proven savings of
time and money year over year.
www.hobsonco.com
www.peopleadmin.com

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slctSte16WhitePpr_092216v10o_kp

  • 1. How the solution you use can save big money and improve productivity
  • 2. 1 | For talent management solutions to deliver an immediate and demonstrable return on investment (ROI) to colleges and universities, they must address higher education’s common challenges, as well as the unique hurdles facing each institution. Hobson & Company, a third-party research organization, conducted in-depth interviews with more than 15 higher education institutions and found that SelectSuite® , PeopleAdmin’s suite of talent management solutions, delivered a quick and compelling ROI. By using SelectSuite, a typical organization can see benefits exceed $1 million — all while meeting the challenges inherent in faculty and staff recruiting, search committee management, onboarding, position description management, recordkeeping, performance management and reporting. ‘SelectSuite really captures the subtleties of the higher education environment and uniqueness of our institution’ Research methodology In this 2016 Hobson & Co. study commissioned by PeopleAdmin, Hobson’s team of independent researchers conducted in-depth interviews with more than 15 PeopleAdmin SelectSuite customers. They found that the talent management solution addressed higher education customers’ unique challenges and delivered a quick and compelling return on investment of over 2,000 percent in three years. What this means to you… To help college and university leaders understand the cost and efficiency savings SelectSuite delivers, Hobson & Company used actual customer data to create a profile of the measurable benefits a higher education institution can expect.
  • 3. | 2 Improved time-to-fill Better application screening/ processing Faster position creation, approval, posting Search committee efficiency Improved staff engagement Better performance evaluation processes Increased retention, less recruiting Simplified reference/ transcript collections Streamlined new position requisitions Other benefits $0 $50,000 $100,000 $150,000 $200,000 Typical financial benefit of improvements to talent management processes The key financial metrics for the sample organization were calculated by standard methods. The NPV calculation assumes a 10 percent cost of capital. NPV $1,793,315 ROI 2,246% Financial metric 3-year value Payback 1 month To see an example of these benefits, compare your institution to this typical higher education institution: • 1,500 employees • 270 annual staff openings • 75 annual faculty openings • 3-month average time-to-fill • Employees spend 40 hours per month managing job descriptions • 50 percent of employees receive annual performance evaluations For this sample organization, the three-year investment totaling $94,000 generates a positive return in one month. The three-year net present value (NPV) is $1.79 million, and ROI is 2,246 percent. These benefits are split between the organization’s cost savings — 28 percent — and productivity improvements — 72 percent.
  • 4. 3 | Faster recruitment Customers interviewed spend: • 75 percent less time creating, gaining approval and posting new positions through (1) integrations with job boards and (2) easy-to-use functionality for managers to review and approve applications remotely. • Almost no time — close to 100 percent reduction — screening and processing applications received, through the use of automated screening features. Improved time-to-fill Customers interviewed experienced: • 25 percent reduction in time-to-fill by streamlining recruitment and hiring processes and facilitating improved collaboration between team members. • 50 percent reduction in temporary cover for open staff positions, resulting in significant savings. • 50 percent reduction in time and costs associated with printing applications by transitioning to electronic processes. • Eliminated need for delivery of paper application packets by delivering information electronically. Expedited new hire onboarding Customers interviewed report: • 25 percent reduction in time to onboard, which saves up to five hours per new employee, by templating new hire processes and facilitating many completion activities electronically. • 30-120 minutes less time spent managing onboarding per new employee hired, achieved by improving visibility into task completion. “SelectSuite helps us easily reduce the applicant pool to the most qualified candidates.” - Assistant Director of Equal Opportunity/ ADA at the University of North Carolina “We definitely have improved recruiting through a better selection of candidates that result from the increased volume of applications.” - Manager, Recruitment Projects and Initiatives at the University of Arizona “Our bottom-line impact far exceeds the costs of SelectSuite.” - PA Team Co-lead, Academic Affairs at Georgia College & State University “We have easily cut time-to-fill by two weeks.” - Manager, Recruitment at The Scripps Research Institute “Learning our policies and procedures is much more efficient for new employees, and HR reps are now able to focus their energy on answering questions about benefits instead of managing onboarding papers and related workflows.” - HR Specialist at Tarleton State University Customer research that contributed to the calculations of these figures found SelectSuite delivers improved efficiency, visibility and cost savings across various higher education talent management processes, including:
  • 5. Simplified collection of applicant references and transcripts Customers interviewed say: • They spend 25 percent less time gathering official degrees and transcripts by giving applicants/employees a central location to upload documents. That’s approximately two hours saved for each new faculty hire. • SelectSuite allows them to gather faculty reference letters 75 percent faster using automated request and collection processes. Better performance evaluation processes Customers interviewed estimate: • Supervisors spend 65 percent less time on the evaluation process using quick-scan dashboards to help all evaluation participants stay on track. • Spending 75 percent less time tracking and managing evaluation processes after implementing unique evaluation workflows for each employee type. Dramatic improvements to reporting and compliance processes Customers interviewed reduce: • Time spent creating talent management reports by 95 percent using the Analytics module’s powerful tools for real-time reporting on key talent management performance indicators, applicant demographics, hiring insights, and more. • Costs associated with employment-related lawsuits and investigations by up to 20 percent by delivering timely reports on investigation-related data. They say the system also helps maintain compliance with predetermined bargaining units and contracts. “We now have a central place where new hires can upload transcripts themselves that is viewable by everyone who needs access.” - HR Specialist at Tarleton State University “Instead of our recruiters spending their time on processing, they are able to spend their time meeting with hiring managers and actually helping with the recruiting process.” - Project and Data Manager at The University of Pittsburg “Prior to PA, HR staff spent a lot of time beating our heads against the wall trying to enforce compliance with the performance evaluation process … and it would have taken two to three times longer for a supervisor to complete the current performance management process.” - Associate Director, Human Resources at Gonzaga University “Analytics can help figure out where bottlenecks are and also gives credibility to any changes we’d want to make because they’re data-driven … It took me two to three times as long to aggregate and slice and dice data manually to get it into a format that is comparable to what is produced in Analytics.” - Manager, Recruitment at The Scripps Research Institute “It is super impactful to be able to visually demonstrate the makeup of applicants for specific positions as it helps explain why we haven’t met specific diversity requirements.” - HR & IT Specialist at Oakland University | 2
  • 6. “With Position Management, everything from creating new job descriptions to having an automated approval process, to creating online job postings, has improved dramatically.” - HR Information Analyst at Worcester Polytechnic Institute Enhanced position management Customers interviewed measured 70 percent improvement in the efficiency of position management processes by using automated tools to create new positions based on current job descriptions, manage approval workflows, and support complex classification and compensation requirements. Stronger intradepartmental partnerships and efficiency Customers interviewed experienced a 50 to 75 percent reduction in cross-departmental inquiry calls and reported faster workflow completion, resulting in a 5 percent improvement in HR productivity. Improved search committee efficiency Customers interviewed felt SelectSuite reduced search committee members’ time requirements by 30 percent using an easy-to-access system to share materials and evaluate and rank candidates. About Hobson & Company helps technology vendors and purchasers uncover, quantify and validate the key sources of value driving the adoption of new and emerging technologies. Our focus on robust validation has helped many technology purchasers more objectively evaluate the underlying business case of a new technology, while better understanding which vendors best deliver against the key value drivers. Our well-researched, yet easy-to-use ROI and TCO tools have also helped many technology companies better position and justify their unique value proposition. For more information, please visit www.hobsonco.com 5 | “SelectSuite increases confidence and trust in the process which helps cultivate the relationship between supervisors and their employees.” - Associate Director, Human Resources at Gonzaga University “SelectSuite really captures the subtleties of the higher education environment and uniqueness of our institution.” - Manager, Recruitment Projects and Initiatives at the University of Arizona
  • 7. | 6 About PeopleAdmin is the leading provider of cloud-based talent management solutions for higher education. Nearly half of all educators and administrators in the U.S. and Canada use these solutions to streamline hiring processes, onboard new employees, efficiently manage positions and employee performance, develop defensible audit trails, and simplify reporting. PeopleAdmin’s integrated talent management suite includes applicant tracking, faculty search committee management, position management, onboarding, and performance management. PeopleAdmin solutions are easy to use and supported by world-class customer service. www.peopleadmin.com For higher education institutions to achieve their academic missions, effective talent management is key. By acquiring, developing and managing the right people in the right roles, institutions support student achievement, spur innovation and advance knowledge. Independent research from Hobson & Company found that PeopleAdmin’s SelectSuite talent management solution empowers colleges and universities to improve efficiency and transparency around talent management processes — allowing them to meet institutional objectives and experience proven savings of time and money year over year.