Web Based Compensation

WEB BASED COMPENSATION AND EMPLOYEE SELF attend TECHNOLOGYRunning gallery : and Employee Self Service TechnologyWEB BASED COMPENSATION AND EMPLOYEE SELF SERVICE TECHNOLOGYIn APA Style2007Executive Summary and Employee Self Service TechnologyIntroductionHuman imaging is the most historic asset of most global organizations Human resource surgical incision is generally considered as a vital component of whatever organization . The role of this department is crucial in encouraging organizations to achieve their goals and bodied objectives . The absence of a good and serious human resource department forget blow over to decreased capability of performing organizational tasks and will further lead to an overall poor organizational surgical processDecades ago , organizational leading discover that Information and Communication Technology (ICT ) has a grand potential in helping firms manage their human resource assembly linees . Since then , managers strived to take the full advantage of technology in enhancing effectiveness and efficiency of human resource activities , like managing commitroll , recruitments , retirements , benefits , insurance , etc . Today , in line with the popularity of globalization and corporate internationalization concepts , human resource activities becomes more complex and heavy . Thus , in facing such challenges , the practice of ICT in human resource is viewed as the only solutionIn this , I am elaborating one of the most recent developments in HR practices , which argon the Web-Based Human Resource Services . In to enhance HR activities to their maximum efficiency and effectiveness firms no longer quaver to ask for the help of outside entities which have more scram in the field . Web based HR serve has been increasingly popular in today s business milieu , however , not all of them constitute outsourcing activities . Multinational companies much used web-based HR technology to provide HR work to their employees in distant countries (Mercer Human Resource Consulting , 2006In this , the focus is on web-based compensation activities and web-based employee self service technology .

I will elaborate the historical background of the technology , how the technology has demonstrable , and the strategic values within implementation of the technology . moreover , I will also elaborate several issues regarding the coat of the technology and how to actually implement the technology in business firms Background of the TechnologyThe development of web-based compensation system occurs since there is the exigency to provide fair compensation system according to employees performance not based on the management s subjectivityIn addition , look indicates that about 77 of corporate expenses come from workplace expenditures . It mode that the corporate should provide competitive salary in to be active people and to prevent decreasing motivation . meanwhile , pay too much to employees will decrease the corporate marginAccording to ePRISM , an overpayment of 2 of 1 ,000 ,000 of employees salary expense will have no significant impact on increasing motivation of high-performing employees . Meanwhile , underpayment about 5 of 50 ,000 of an employee wage is enough to be a reasonable excuse for high-performing employees to move to competitors but ease keep marginal employees to stay (Mercer Human Resource Consulting , 2007In to...If you penury to get a full essay, order it on our website: Orderessay

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