Online HR Economics
Companies decide to use HR Administration systems so that their HR professionals
can avoid performing low level tasks without hiring numerous support personnel.
Some current HR tasks can be completely eliminated by using built-in automation, and
other tasks can be delegated to the employees themselves. Companies want
HR professionals performing tasks that relate to strategic human capital management,
not repetitive administrative tasks. Thus, the goal is to save man-hours,
or Full Time HR Equivalents (FTEs).
Today, that saving is achieved by using Web technology on both your intranet, and on the Internet,
so that you can have the functionality from an Application Service Provider (ASP) in your
office as if you owned it and housed it -- but without the investment.
The following pages in this section detail exactly how these savings are created for you.
No Upfront Costs
Easy Migration From Paper Files
Justifying Background Checking
Justifying Online HR Files
Hosted Application Economics
How Much You Actually Save
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