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                    HOW IT WORKS

 

Most companies rely on forms to handle employee changes (many having over a hundred).   Even if you have Excel spread sheets or an HR system, someone still has to enter the data from a form and hope there are no errors.

With the HRSB, employees enter their changes over the Web themselves.  This eliminates the paper (saves trees) and all the steps involved with paper forms.  Plus, the system will immediately check for errors.  Here are some examples that show how the HRSB simplifies life for an employee, manager and even the President/CEO.

     See a simple example
     See what an employee can do?
     See what a manager can do?
     See what the President can do?

Example:  Changing an employee’s address and contact information.   

This is a simple example, but helps illustrate the power of the HRSB.  Let’s look at an employee named Sue who works in accounting at Star Inc, which has 100 employees.  Sue recently moved.  To change her address, Sue uses a PC at her desk.  She goes to Star’s Website and selects the Employee portal.  The portal looks like an extension of Star's site with Star’s name, logo and colors. 

After entering her name and password, Sue sees numerous things that she as an employee can do.   She goes to “My Personal Information”, where all of her contact information instantly appears.   There Sue enters her new address and phone number.   If she forgets something like the Zip code, the system will prompt her for the correct information.

This seems very simple, but CFO magazine says that changing contact data over the Web saves 74% of the manual cost or $9.47.

Before Star used the HRSB, Sue had to fill out seven different address change forms, most for different insurance carriers.  Someone would then enter each one.  Now the HRSB automatically updates the carriers, the company directory, and personnel files .

Sue gets married

The reason Sue moved is because she married Tom.  While Sue was at the portal she could also:

  • Change her last name.
  • List Tom as her primary emergency contact.
  • Change her health insurance, to include Tom.
  • Add Tom as a dependent.
  • Add Tom as a beneficiary on her life insurance.
  • Change her deduction on her 401(k).
  • Update her W4.

Again the HRSB will do all the processing, perform all the updates and interfaces, saving much more time and money.   Risk Management Magazine says such a process saves 7% of spiraling healthcare costs alone due to inaccuracies.

What else an employee can do?

Some other things Sue might do while she was at Star’s employee portal:

  • See how much vacation time she will have in June when they plan to take their honeymoon.
  • Request vacation time from John her manger and CFO.
  • Enter a training class that she recently completed.
  • See her pay stub, (this saves Star the cost of printing and distribution.)
  • See the upcoming company golf outing that Tom would be interested in.
  • See the company directory and org chart, where she sees her name has already been changed.

What a manager can do?

John, Sue’s manager, can see Sue’s information on-line, where he can:

  • Approve Sue’s vacation.
  • Perform Sue’s review.
  • Give her a well deserved promotion.
  • Give Sue a raise.
  • Place her on  FMLA (leave) when she has a baby in a year.
  • Search for an employee with Microsoft Access skills, which is a course Mary in Customer Service just completed.

What the president can do?

John’s boss is Ted, the President of Star.  Ted likes all of the reports he gets from the HRSB especially the census report.  He particularly likes to ask questions about his employees, such as how many people have been with Star over 5 years, because he is considering a rewards program.  The HRSB queries the system and emails a report to Ted in a matter of minutes.

John, the CFO, figures the system saves 10% of the executive’s time.  Betty, the HR Manager, who reports to John was starting to spend all of her time on HR administration.  She found it hard to find time for all the HR initiatives Ted wanted to start. Thanks to the HRSB, Betty will now be able to spend her time on Ted’s priorities and hiring the best people for Star.

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Revised: January 20, 2006