How Human Resource Departments Can Leverage HRMS And HRIS Technology
Source: HR Pay 'n' Time
some HR experts are even suggesting that Wall Street look at the human resource processes within an organization, in order to determine the value of one company over another Not a bad idea. Given that salary and benefit costs are the largest expense, it makes sense to look at how effective a company is in managing its benefit costs, attracting and retaining core talent, reducing turnover, linking compensation to performance and driving the automation of its HR & business processes with self-service and other software components. With the help of Human Resource Management System (HRMS) technology, these concepts are moving to reality.