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Technology and In-House Pay Administration
You are the head of the human resources department in a small manufacturing organization with 200 employees. Your top management has asked you to find a way to keep your organization's wage/salary and benefits administration efforts in-house instead of outsourcing them. You have decided to focus your first efforts on the administration of wages and salaries.
For this assignment you will be reviewing what software is available today for employers who want to keep their wage/salary programs in-house.
Narrow your focus to two different software programs available today before you begin your paper. Compare and contrast the two. Consider the system needs/costs since you are sure that your organization will need to purchase new hardware too. Also consider the number of employees needed to successfully implement and utilize the software to meet your organization's direct pay administration needs.
Select one software vendor over the other and defend your selection. Support your choice with information from your readings/research.
Relying upon your reading and researched information, is this the best course for this organization to take? Why or why not?
Your paper should demonstrate critical thinking and analysis of the relevant issues and HRM actions, drawing upon all of the required background readings and relevant sources from your prior courses and your own personal search. Use website information sparingly (reputable websites only).
Prepare a paper that is professionally presented (including a cover page, a "List of References," and a strong introduction and conclusion).
Compensation Software Selection
Business environment is becoming increasingly complex with functional units requiring more and more inter-functional data flow for decision making, timely and efficient procurement of product parts, management of inventory, accounting, human resources and distribution of goods and services. Compensation is one such area which has become difficult for companies to manage. It has made it mandatory for managers to use technology to make decisions regarding pay scales, incentives and reviews. Information technology has helped companies in making the process faster, accurate and more flexible. It has helped organizations align their business strategy with compensation and other HRM practices.
Software used for managing compensation should be simple enough for managers to understand and at the same time technical enough to deal with internal and external changes in the business environment. The software should interlink different functions with HRM like strategy, finance, marketing, and operations. The first step in selecting the appropriate software package is to identify requirements for compensation ...
The software programs for paying employees in-house are given.