What is Workforce Management and How Can it Benefit My Organization?

Transcription

1 What is Workforce Management and How Can it Benefit My Organization? Presented by: David Rubin, Director of Sales - Paypro Corporation

2 Business A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

3 Employer An employer is a person or institution that hires employees or workers. Employers offer wages or a salary to the workers in exchange for the worker's work or labor. One speaks of wages if the employee is paid by the hour and of salary if he is paid a set rate per pay period. Wages are paid for all hours worked, including overtime, but a salary is typically not paid more for more hours worked than the minimum. Employers include everything from individuals hiring a babysitter to governments and businesses which may hire many thousands of employees. In most western societies governments are the largest single employers, but most of the work force is employed in small and medium businesses in the private sector.

4 No one got in Business to be an Employer.

5 An Integrated, Single Source Solution for: Payroll HR Benefits and Benefit Administration Time & Attendance Risk Management Unemployment Claims Management Retirement Plans

6 Why Workforce Management? Maintain your level of benefits while reducing costs Minimize employer related compliance & liabilities Provide guidance & avoid HR overhead Reduce vendor & administrative costs Reduce costs & gain operational efficiencies Flexible, modular approach

7 WFM Value Model

8 Focus on what you do best and outsource the rest

9 HR Management Solutions Allowing you to focus on your business HR Software Functionality: Consult with you to enhance your capabilities through the HR tabs in Millennium Skills Education Events Labor Distribution 401k Admin PTO Accruals Insurance Position Control

10 HR Management Solutions Allowing you to focus on your business HR Helpdesk Expert Advice, Planning & Consultation: Support, Supplement, Strengthen or Create your HR Presence Dept. of Labor Issues EEOC FMLA COBRA Discrimination and Harassment Guidance Hiring and Termination Guidance Disciplinary Issues Recruitment Guidance Support and Improve Employee Relations

11 HR Management Solutions Allowing you to focus on your business Employee Handbooks: One of the most important communication tools between you and your employees Having a legally sound employee handbook is vital: Reduce employer related liabilities first line of defense Ensure compliance of federal and state labor regulations Improve communication of company policy and procedure Set clear employee expectations Improve employee morale Proactive approach to all of the above

12 HR Management Solutions Allowing you to focus on your business E-Z Hire : An integrated, web based on-boarding tool that gives a new hire the ability to enter, complete and view new hire documents online prior to their first day of employment Process improvements and automation Ensure accuracy and compliance Improved new hire experience

13 HR Management Solutions Allowing you to focus on your business Benefit Administration: Automate many aspects of the benefit process Benefit Information Flows Benefit Tracking Employee Benefit Portal COBRA Administration Eligibility Tracking Notice Generation Plan Selection Tracking Payment Tracking Ensure Compliance

14 DID YOU KNOW???? Each year 3 out of every 5 employers are sued 70% of employers are out of compliance with FLSA (Fair Labor Standards Act) More than half of the discrimination charges filed with the EEOC are against small to mid sized businesses Labor & employment matters are the #1 are of litigation today Over 40% of employment practices claims are brought against employers with fewer than 100 employees

15 Would My Organization Benefit from a Workforce Management Solution? Collaborative Discovery and Analysis: Designed to determine fit and advantages, enhancement, process improvements, etc.

16 Can My Organization Grow into a Workforce Management Solution? YES: Step by step, phased approach Flexible and scalable to fit your needs

17 How do I Evaluate My Current Situation vs. a Workforce Management Solution? Once the Investment analysis has been completed we will consult, compare and evaluate the following: Current process and efficiencies lack of data access = lost opportunities, revenues, increased costs Current vendor costs Current HR needs and enhancement to internal resources Implications of current compliance exposures

18 More than ever in today s business climate it is vital to implement the strategy of evaluating your business and be consider your options and alternatives. Paypro Process: Overview Analysis Proposal How do I Explore Workforce Management Further?

19 Questions?