Get free access to
Our legislation updates make it easy for you to keep on top of the latest changes affecting your business. Receive our articles, opinions, tips, industry news, country profiles, regional overviews and studies, latest events and even more, directly into your mailbox.
Check out our Newsroom to see what is included!
We will send you only relevant information we consider may be of your interest and treat your personal data in compliance with our Privacy policy and GDPR statement.
Unable to subscribe? Try this page.
In the salary cost control strategy, HR department management is increasingly leading a more important role. HR managers are asked to take on more responsibility for cost reduction. This is the best cost control strategy for HR managers, next to streamlining the processes and procedures and moving to automated HR functions.
By taking on more responsibility, HR managers are trying to share the responsibility with line managers. The most valuable HR managers become business partners and know how to use technology application to control costs.
Let’s take a look at the best cost-control strategy for HR departments to see how yours can be elevated.
The most important technologies are those that are valuable for more than just cost quality improvement and enhance:
However, the easiest to implement and often the cheapest are the cost-effective HR department operations applications that cover:
Employee self-service (ESS) provides access for employees to web-based information including monthly reported payslips. Additionally, employees can change their personal data like name, bank account, address, etc. It allows to ease HR department’s administrative burden by simply using an easy application that helps them delegate the tasks.
The manager self-service, apart from common ESS functionality, allows managers to see additional reports or structure of their employees.
The communication module allows HR departments to eliminate direct contact, voice response systems and paper-based transactions. Not only it provides a modern tool for employees to check their payslips and ask questions but also allows HR department to make the communication efficient and measurable.
Absence or time & attendance (T&A) evidence often allows managers to control the availability of their employees by set of approval steps and reports available on a current basis.
Sometimes HR managers underestimate the company’s employees. Even manufacture companies can implement new technology and push for the change. Often applications offer the possibility to delegate roles to managers, if the employee is not able to enter data in their web-based portal. This might help organizations that are afraid of technical skills of their blue-collar workers.
The cost-effective applications are nowadays the easiest to implement. HR managers should only choose a friendly interface and support the change.
Make your life easier and be a progressive HR department that can be nominated to use cost-control strategies.
About Accace
Accace is a proactive consultancy and outsourcing partner who bridges the gap between needs and solutions. Combining smart and streamlined technology with a holistic approach, we provide an all-round care to clients and consider their matters as our own. With over 800 experts and more than 2,000 customers, we have vast experience with facilitating the smooth operation and growth of small to large-scale, global businesses.
About Accace Circle
Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience and erase the borders of service delivery. Covering over 50 jurisdictions with nearly 2,500 professionals, we support more than 15,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 200,000 pay slips globally.
