Thursday, October 31, 2019
Compensation and benifets Research Paper Example | Topics and Well Written Essays - 1500 words
Compensation and benifets - Research Paper Example The human resource system of the organization is decentralized and is trying to serve its employees as much as possible in a variety of locations. Service delivery ascribed to the human resource is highly dismantled, and is driven by a small team in charge of human resource operations. In spite of the hard work and effort put in by team members to afford the company support, they lack the requisite training, tools of human resource needed for success, as well as critical mass. The key challenge that the benefits and compensations program experiences is significant errors in data and inconsistencies in the responses of inquiries by employees. The decentralized human resource system used by the company allocates most of the human resource very little time to support their business associates. The high score of mistakes in data entry makes it difficult for the firm to provide accurate and timely information to key stakeholders. A Review of a Firm Experiencing a Similar Challenge Quite g ood example of a firm that faced a challenge similar to that of Boehringer Ingelheim is Hong Kong Polytechnic University, specifically its Department of Management. The university chose to implement information systems of managing the human resource with an aim of lowering the number of errors linked to data entry. Human Resource Information Systems refer to software applications that play the serve the specific purpose of aggregating and synthesizing information about employees. The information systems can serve purposes that range from populating breakdowns of payroll and benefits, to illustrating present positions held by employees, through the applications that run the system. The university discovered that the executives within the human resource were more comfortable carrying out the critical and creative projects because data about the employees were arranged neatly within the databases of human resource information systems. It was emergent that data automation minimized the probability of data entry errors. Moreover, more complex and integrated analyses were possible through the implementation of an extensive and unified pool of information about employees. In general, Hong Kong University together with many other manufacturing firms based in Hong Kong discovered the effectiveness of human resource information systems in improving the performance of business operations dovetailing a variety of human resource processes, and transforming thee management process of an organization with regard to compensations and benefits. Research and Analysis Contemporarily, human resource information systems connote fully automated systems that comprise of payroll processing, a system of human resource information and the management of recruitment (Pynes, 2008). Because there is a need to integrate data across the various departments of an organization, it is important to incorporate transparency and integrity in order to augment productivity and consequently meet the specific requirements of compensation and benefits legislation. Updating or entering of data win the human resource information system is conducted in within a single database. Consequently, all departments make use of these data. As such, this reduces errors, eliminating the presence of different records and saving both time and money. Errors in data
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