Human Capital Management (HCM) systems typically consist of four main functional areas: Time and Labor Management (TLM), payroll, HR, and benefits. Top-notch HCM systems like PayNorthwest’s seamlessly drive these four areas from a single database and a responsive user interface. The smart application of TLM holds the highest potential ROI of any component of an HCM system.
Effective human capital management (HCM) strategies include an emphasis on developing effective front-line managers who are critical to your business. They manage and supervise field-level or customer-facing employees – your most critical asset in delivering value to your customers. Yet front-line managers often don’t have access to adequate tools and information necessary to support their direct … Continue
Human Capital Management (HCM) is the set of processes related to your organization’s payroll, human resources (HR), time and attendance, scheduling, and other personnel administrative needs. Through automating HCM functions, businesses can see significant savings in the form of time, money, litigation exposure, and overall aggravation. We invite you to click here to download our new ROI white paper to … Continue
From our partners at Kronos Ensuring the efficiency of your business means that you understand how to optimize your entire workforce, whether hourly or salaried. Here are three tips on how to leverage workforce management to drive an enhanced organizational effectiveness strategy for your organization: Minimize Labor Compliance Risk The management of FLSA, FMLA, and … Continue
Employee absenteeism in the workplace is a growing concern for employers which, when compounded, threatens productivity and could jeopardize not just a company’s overall operations, but also its financial health and longevity. With more and more employees now opting for non-traditional working environments such as telecommuting, it has become even more difficult and important for … Continue
Eliminating errors in the payroll and personnel administration process is consistently rated as a top goal among employers that we talk to. Unfortunately errors are often categorized as “so-and-so’s mistake” and efforts are made to double check the results next time or to just be more careful.