The key to breaking down barriers in human capital management
The human capital management ecosystem is fragmented, which is only creating more difficulties for employees and the HR personnel.
By Ross Garrett|May 24, 2018 at 10:19 AM
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Today’s HR professionals face a plethora of obstacles, but one that is often overlooked involves the platforms used to track and streamline employees and company policies. According to ADP, employers around the world currently manage an average of 33 separate payroll systems and 31 HR systems.
To effectively manage the 21st century workforce, the HR landscape needs to constantly evolve to accommodate it. Employers are being pressured to rewrite rules on how they recruit, manage, organize and engage this new workforce – which makes them think about the foundation of their systems. Everything from managing purchase orders to requesting time off to the larger employee database requires a different HR system. Rarely do all of these capabilities exist on one platform.
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