HCM
22 HCM
Human Capital Management is a dying art: here’s how to revive it
Keeping track of today’s workforce is akin to a medical emergency. Organisations are bleeding money due to inaccurate and outdated ERP ( Enterprise Resource Planning) and time and attendance systems. The Human Capital Management Institute calculated that employee salaries, hourly wages, overtime and indirect compensation account for an eye-wateringly painful 70% of an organisation’s total operating costs – a figure that has risen every year since 20051. With stats like that, the doctor’s prognosis would be very dire indeed.With the…
Posted by: ADP 20 Jun 2016 | 0 Comments
Cost-Effective Growth: Let Big Data Do Your Heavy Lifting
When your business grows, it can be exciting but also expensive. If you maximise big data, however, you can have the best of both worlds: cost-effective growth. Data has always been out there, but until recently it's been too difficult to pull it all together. Thanks to advances in data aggregation technology, you can now fully leverage data to help your expansion easier and less expensive.Here are some areas where using data can help you discover cost-effective growth opportunities:Workforce ExpansionWouldn't…
Posted by: ADP 22 Apr 2016 | 0 Comments
ADP ReThink Global HCM Conference Reveals Insights on How to Manage a Global Workforce
For more than 10 years, we’ve hosted our annual ADP® ReThink Global HCM Conference for top-level executives from some of the world’s largest multinational organisations. This year, more than 140 clients and prospects – representing more than seven million employees around the world – joined us to learn from their peers and industry experts, to discuss global human capital management, and to see some of our latest innovations.It’s always interesting to observe that most attendees believe their people are their companies’…
Posted by: ADP 12 Apr 2016 | 0 Comments
The 5 trends that redefine Human Capital Management
“What’s new?” and “what’s next?” are two questions that business owners and executives often ask. Trend research is one of the ways to gain good insight into what is likely to be coming down the road, as you manage your business and its most important assets: your employees.Over two-thirds (65%) of companies around the globe, according to Towers Watson, are concerned about retaining critical skills and top performing employees. In addition, more than half of employers are concerned or very…
Posted by: ADP 18 Nov 2015 | 0 Comments
The compliance gap: don't be left standing in Midair
Are disparate Human Capital Management (HCM) systems and processes impacting productivity and leaving your business vulnerable to risk? Here are some tips for catching up.Most companies have a number of separate systems in place to handle a range of HCM processes, such as paying employees, managing their time, and administering their benefits.Yet, according to a new study of 161 senior finance and HR executives conducted by ADP and CFO Research, HCM-related compliance requirements are increasingly a major challenge. And once…
Posted by: ADP 18 Nov 2015 | 0 Comments