Human Resource & Payroll White Papers
Download free, informative whitepapers on PerfectSoftware's suite of human resource and payroll management solutions.
Economic Crisis For HR
During a recession, Human Resource and Payroll System technologies can help companies better prepare to deal with the management of people, pay and benefits. As HR repositions itself from the administrative role of the last decades to a more strategic role, it’s more necessary than ever to remove human factors from HR processing.
From a Rock to a Mountain
What happens in human resources when companies grow? Most companies start off as small businesses with the owners doing most, if not all of the hiring and firing of employees. Performance reports are not a primary concern because owners and key managers can quickly spot poor performers and take appropriate actions.
How to Remove Human Factors From HR Processes
The average new hire creates more than 30 transactions in the first 14 days of his/her employment. The average terminated employee creates a minimum of 25 more. Adding life event transactions, most employees require a minimum of 100 unique processes, each guided by a Human Resource specialist.
No HRIS system?
To most business executives and owners, their business is their baby and feeds upon the formula which is the influx of dollars from the product or service that the business sells. The deliverer of the formula (the bottle) is-without question, the people who make it all happen - the employees.
Save money with Human Resource Automation
US companies are spending over $10 Billion to manually process new hires and terminations, an area of the business that Human Resources executives have long struggled with how to automate this process. With an estimated 25 activities required to hire an employee, which requires everything from notifying the mailroom, IT, security, insurance providers, pension administrators, department managers, payroll, and several other related areas of the company, it is not difficult to imagine how time consuming these activities can be, not to mention the room for human error. Industry experts are predicting that HR departments are facing major changes in their organizations, including a reduction in HR staff and increased outsourcing.
The Modern Workforce
When most people think of “the modern workforce”, images of iPod-toting young professionals with PDA’s and smart phones come to mind; people who are tech savvy and perhaps most noticeably, young. The reality presently being experienced by most Human Resource professionals is all too often the opposite, as millions of retirement-age workers, reeling from financial woes and a downtrodden economy, are opting to stay in the workforce longer.
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