- Published: Monday, 12 December 2016 14:16
Success with HR.com Webinar, Get HR in the Game by Impacting the Bottom-line
By Shannon Corgan, Director of Marketing
This week we partnered with HR.com for their Workforce Management Virtual Event to present, “Get HR in the Game by Impacting the Bottom-line” with record attendance mostly from the U.S. and Canada.
Many HR professionals feel like their departments struggle to come up with ways that HR can be innovative and use technology to have an organization wide positive impact on the bottom line. They are also trying to remove the negative perception of HR as a cost center and not a revenue generating department that can affect business outcomes. HR professionals also have a hard time finding ways to show their contribution to the business metrics needed to earn their seat at the table with the Executive Team.During the webinar, we went over the key business metrics and gave some great examples of how HR can affect those key business metrics for employee time tracking, payroll, and HR forms automation.
We went through examples of how you can build your business case to implement employee time tracking solutions for real time data capture on any device no matter where your employees work to reduce your labor costs, eliminate manual data entry and reduce out of cycle payroll checks. As we all know with the FSLA cases for minimum wage and overtime violations at an all-time high in 2015, we know how important it is to make sure we are accurately paying employees. This makes it more important than ever for HR professionals to have an employee time tracking solution that is flexible enough to automatically calculate overtime accurately, no matter how simple or complex the calculation.
In addition to going through the business metrics, we gave real world examples of how employee time tracking solutions can not only lower your labor costs, but how it can also have a positive impact on your company’s productivity. We showed attendees how to calculate the cost savings to demonstrate the impact automated employee time tracking could have for your organization. We also showed how to calculate the time savings and associated cost savings you can acheive by eliminating manual time entry from paper time cards or spreadsheets to an automated employee time tracking solution that integrates with your other business applications.
During the webinar, we polled the audience to find out how they currently collect data on forms. Here are the results:
One of the biggest cost savings a company can achieve is through automating paper forms and time cards. Half the audience during the webinar were companies over 500 employees, and it was interesting to see that large companies are still not fully automated. Most are still using a combination of paper and electronic forms to do business.
Paper forms are making it increasingly difficult for HR professionals to have the global visibility they need to stay on top of changes to OSHA regulations. This year, there were changes to the interpretation of the OSHA rules regarding multi-location businesses. If you have more than one location and they find a violation, companies are now responsible for correcting the violation at all of their locations. This can be quite a challenge with paper forms. With multi-location businesses, you want to have mobile forms available on any device, no matter where it happens, so that all the safety officers can be alerted and fix the hazard.
The paper forms for safety are also an issue because of new regulations for electronic OSHA form submissions. In 2017, most companies will be required to submit OHSA forms electronically. If you get mobile forms now, you’ll be ahead of the curve and can easily send the data to OSHA. To find out more about the electronic form submissions, click here.
The webinar was such a success and the one of the key take-aways from the webinar is that HR professionals recognized the need to promote automation and the cost savings benefits by using technology at a greater level. Another attendee really liked the concrete examples of how to justify the cost for automating employee time tracking and mobile forms.
Click here to watch the webinar video to learn more about how you can get in the game and use technology to impact your company’s bottom-line.