Technology & Human Capital Management How the IT world is driving the HR world

Existing Challenges Facing HR Departments Recruitment Retention & Motivation Leadership Development Corporate Culture Government Regulatory Compliance

HUMAN RESOURCE: STRATEGIC VS TACTICAL Along with the changing dynamics within the Human Resource world, is a move to more “STRATEGIC ISSUES” The role of HR is no longer limited to a company’s survival, but also represents the greatest opportunity for a company’s future Spending money by outsourcing some functions so you can best manage and grow the company “Strategically” Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management. HUMAN RESOURCE: STRATEGIC VS TACTICAL

Question? How many of you are outsourcing some form of HR, Payroll, Human Capital Management? Follow up - For those who are not outsourcing – what has been the biggest hurdle to using new technology? Without Technology: How do you find and hire the best candidates Control costs Optimize Workforce Activities Keep good employees

Where can technology impact your company?

THE ENTIRE EMPLOYEE LIFE CYCLE Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management. Human Resource

THE CLOUD Payroll Time and Attendance Human Capital Management Paychecks, W2s, Employee I9/W4 info Time and Attendance Human Capital Management Recruiting Onboarding Benefit onboarding Training Retention Mobile Apps THE CLOUD Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

Convenience – It’s about providing employees access to the information at any point of time from anywhere in the world Speed – Offers instant information and updates for employees that can be ranged from office closure due to bad weather or even employee birthday reminders Engagement – Major shift in HCM application space is about considering people at center than just HR needs. One of the primary objectives is to bring people together and connect them with each other. MOBILITY Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

RECRUITING FACTS Quality of hire and time to fill are top challenges for recruiters The average opening sits unfilled for 28.1 days A recruiter spends an average of 23 hours screening resumes for a single hire The average cost to recruit and hire a new employee is more than $30,004 Organizations that invest in a strong candidate experience improve their quality of hires by 70%

RECRUITING Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

RECRUITING Employee Onboarding employees set up accurately • Customized workflows to get employees set up accurately and efficiently • Convenient tools for sharing policy manuals, training videos and other critical Information • Automated, online paperwork RECRUITING Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

PAYROLL Easy and simple to use Allows access anytime, anywhere you have an internet connection Easy import from Time & Attendance Allows all payroll taxes to be paid, taking the tax liability off your hands Provides canned reports with customized AD Hock report writing capabilities Download to General Ledger PAYROLL Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

Time & Attendance Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

PAYROLL Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

PAYROLL Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

RECRUITING Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

RECRUITING Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

1 HR Analytics provides meaningful insights to organizations into their workforce and help accelerate and innovate their recruitment, talent development and management capabilities HR ANALYTICS 2 Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management. Moreover, analysis of this data enables organizations to draw a connection between employee efforts, business success, and business needs which helps enhance performance management.

RECRUITING Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

CONCLUSION Technology has radically transformed the way businesses manage human resources. Factors like economy, globalization and increasing competition are making organizations get out of their comfort zones and employ novel HR practices. Questions like how do you hire faster, control costs and optimize workforce activities have always put pressure on organizations. According to a report by Deloitte University Press, common HR related challenges faced by most of the organizations are retention and engagement, reskilling of HR, talent acquisition and access and revamping of performance management.

Human resource professionals anticipate that retaining the best employees will be the greatest HR challenge in 2022, according to a November 2012 poll by the Society for Human Resource Management. 59% of respondents ranked this factor in their top three challenges, compared to 51% in 2010. PRACTICES THAT HELP: Sharing policy manuals, training videos and other critical Information Customized workflows to get employees set up accurately and efficiently Easy access to critical documentation

THE FUTURE Technology is the wave of the future for HR professionals: By the year 2025 - 75% of the work population will be millennials. Simplicity of technology will drive the hiring for this age group HR analytics enables organizations to draw a connection between employee efforts and business success Industry experts believe that 40% of all current HR activities can be automated, making way for more roles and avenues to be pursued by HR Managers