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Go Back to WHY OUTSOURCE
| Do you want to be an employer of choice? |
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Do you want to attract and retain the best employees? |
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Do you want to save money? |
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| Do you want to provide HR services comparable to those provided by your major competitors? |
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Enhanced Service
According to the Towers Perrin study, outsourced HR applications, on average, result in:
· 100% improvement in administrative timeliness
· 38% improvement in accuracy
· Workload reduction of 50%
Among the features most valued by clients are:
· Web-based self service for managers and employees
· Automated processes such as New Hire and Salary Changes
· Instant access to critical information
· Pre-built standard and customizable reports
According to Towers Perrin for its 1993 study, essentially all large companies utilize the Web for HR applications.
Availability of Web Self-service (% Companies)
| Functional Availability |
2002 |
2003 |
2004 |
No Plan |
|
View Job Postings |
86% |
7% |
59% |
2% |
|
View HR Policies |
83% |
8% |
9% |
|
|
Apply for Posted Jobs (Internally) |
71% |
9% |
8% |
12% |
|
Change Personal Data |
52% |
14% |
23% |
11% |
|
View Pay Stub |
43% |
18% |
21% |
18% |
|
Change Direct Deposit Information |
32% |
17% |
19% |
32% |
|
Plan Career-needed Competencies |
22% |
12% |
20% |
46% |
|
Update Performance Results |
21% |
12% |
17% |
50% |
|
Set Performance Goals |
20% |
14% |
19% |
47% |
|
View Total Comp and Benefit Statement |
16% |
10% |
35% |
39% |
Employees’ Access to HR Web Site At Work
|
Industry |
Salaried Workers |
Hourly Workers |
|
Health Care |
88% |
62% |
|
Technology |
97% |
83% |
|
Financial |
98% |
93% |
|
Manufacturing |
95% |
50% |
|
Energy/Utilities |
99% |
73% |
|
Consumer |
93% |
27% |
|
All Industries |
93% |
70% |
More than 93% of salaried workers have intranet access at work.Manager Self-Service Availability
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