The Human Resource Department is a critical component for any organization. In fact, a strong correlation exists between effective HR planning and Corporate Performance Management (CPM). Many companies depend on HR for personnel staffing and management to improve performance standards and excellence, and increase employee motivation. CPM helps measure the value of a company’s workforce as it connects people, data and programs to financial performance. Sophisticated analytics can now measure how HR systems and programs affect employee behavior which in turn, can ultimately drive financial results.
A CPM solution acts as a decision support system to help analyze and manage all HR processes. It provides access to accurate, timely, comprehensive data from HRMS applications and provides the tools to make better, more strategic decisions in personnel planning.
When it comes to controlling your biggest expense, which is typically your employees, Delbridge has assisted many clients in implementing HR specific solutions which help them plan their headcount more accurately and efficiently