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