HR and finance departments have sometimes found themselves at odds, since the goals and contributions of each have traditionally been viewed as focusing on different areas of business strategy. While HR professionals are dedicated to the efficient deployment of human capital, finance managers see themselves as a revenue generating center and often view human capital as a cost. The traditional roles of HR and finance are, however, shifting and they are finding that their focuses are overlapping more and more. After all, from a CFO’s perspective, profitability is the goal; however, that goal cannot be reached without a high-performing workforce devoted to meeting the same objective.

Of course, there is no functional company without a functional workforce. And there can be no workforce without careful management of necessary salary, benefit, and Read More

How is your Company tracking its biggest expense people

How are you tracking and optimizing your biggest expense? More than a third of organizational costs are associated with employee compensation and training – and yet few organizations are properly tracking the return on their largest investment. Now more than ever, executives are working with HR to build a stronger workforce and a healthier bottom line.

  • it is estimated that only 59% of employee work-time is productive due to lack of management and clear objectives
  • at a minimum, turnover costs an average of 25% of an employee’s salary – and this figure can be upwards of 400% of a senior executive’s salary
  • the average organization is forfeiting over $1 million per year in untapped potential

It’s time to get strategic about performance management, especially when technology exists that aligns, develops, rewards, and retains employees for increased performance, better decision making, and clear insight into the execution of organizational objectives.

Imagine being able to see the performance health of your entire organization by simply clicking a button. Imagine being able to execute a proper pay-for-performance program. Imagine knowing who your future leaders are today so that you can plan for the future. Imagine being able to develop and retain a workforce of top-performers that will give your company an edge – emPerform does that and so much more!

emPerform’s online talent management suite includes the tools needed to go beyond appraisals to automate and streamline performance management; including:

Start measuring today – click here to request a free, no obligation demo of emPerform or contact us for pricing.