Hidden Cost of HR Inefficiency

1. Corporate business
leader believe that
on an annual basis
A BETTER
HR FUNCTION
CAN LEAD TO
12%extra profit
($1.5 bn
within the UAE)
FINANCIAL COSTS
(Oxford Strategic Consulting, 2016)
EFFICIENCY COSTS
(CIPD, 2016)
is expected to improve
HR productivity and KPIs
following HR
automation
by
22%
WELLBEING COSTS
process inneficiencies,
bottlenecks, and purely
admin tasks84%
of HR professionals believe that
NEGATIVELY AFFECTS
THEIR MOTIVATION
(The International Journal of Human Resource Management, 2013)
(48% of participants)
LACK OF TIME IN
HR DEPARTMENTS
OPPORTUNITY COSTS
(CIPD, 2016)
results in a short-term
view in their tasks
HIDDEN COSTS OF
HR INEFFICIENCY
believe that
empowering HR
within the next
2 years will be
crucial for
their organizations
future success
95%
79%
STRATEGIC COSTS
(Oxford Strategic Consulting, 2016)
of HR leaders, and
General Business
Leaders
HR Automation and
proper Benefit
Management can result in
increase in productivity
up to a
increase in sales
OPERATIONAL COSTS
31% 37%+
(Harvard Business Review, 2013)