Topic
Filter By +
Topic +

Sticker Shock: The Growing Costs of Manual HR Tasks

078

Sticker Shock: The Growing Costs of Manual HR Tasks

HR Break Room

1.0 X

1.25 X

1.5 X

2.0 X

Guests:

Joe Callender, Ernst & Young executive director of quantitative economics and statistics

Ken Nagle, Ernst & Young senior manager

Jennifer Kraszewski, Paycom vice president of human resources

In a recently updated Ernst & Young report, researchers found that performing HR tasks manually – or not allowing employees access to enter their own information – now costs an average of $4.51 for every point of data entry, up from $4.39 since we spoke with them in 2018.

With the cost of manual HR tasks rising, what is keeping organizations from making the move to self-service technology? And how can incorporating HR technology streamline processes to achieve efficiencies?

In this episode of HR Break Room®, host Caleb Masters talks with Jennifer Kraszewski, Paycom’s vice president of HR, followed by Ernst & Young’s Joe Callender and Ken Nagle to discuss:

  • how Ernst & Young’s study concluded a single data entry costs $4.51
  • why many organizations may be hesitant to adopt self-service HR technology
  • how manual HR tasks slow productivity and cost organizations
  • how Paycom’s Direct Data Exchange™ uses the numbers in the study to give HR professionals the tools they need to present themselves as strategic business partners

 

To learn more about how HR technology frees HR from manual processes, read our white paper, Every Second Counts and Costs … Why Everyone Should Use HR Tech.
About HR Break Room
HR Break Room is a podcast from your friends working in human resources, dedicated to bringing you interesting break room conversations with experts on the hot topics of HR and HR Technology, one cup of coffee at a time. Hosted by Caleb Masters and Chelsea Justice, HR Break Room is designed to inspire you to harness the power of HR technology to empower your people and organization.
How to Listen

Listen to every episode of The HR Break Room by subscribing via your smartphone or computer on Libsyn, iTunes, Spotify, Stitcher, or PodBean. By subscribing, you are not only supporting the HR Break Room, but also guaranteeing each new episode will be available to you early on your preferred device.

Contact Us

Do you have a question, topic suggestion or guest recommendation for HR Break Room?

Contact HR Break Room

PAYCOM DOES NOT WARRANT THE COMPLETENESS OR ACCURACY OF THE ABOVE INFORMATION.

The information does not constitute the provision of legal advice, tax advice, accounting services, or professional consulting of any kind, and it should not be used as a substitute for such. Product or company names mentioned herein may be the trademarks of their respective owners. This media is protected by copyright law. Paycom is not responsible for any liabilities that may arise out of the reproduction or distribution of the information herein. © 2020, Paycom. All rights reserved.

Subscribe