Human Capital Management (HCM) is the new term to describe the fusion of HR data, benefit tracking, time management and payroll, served via web-based tools that are both employee centric and easy to use.
By integrating these areas into a single source application, employers can find dramatic new efficiencies for their administrative staff and streamline complicated manual processes.
Largely thought of as being unaffordable, Scott Bostley, Benefit Strategy Partners LLC and Jeff Plakans, President, Commonwealth Payroll & HR will explore this topic and introduce you to some current market place trends and how HCM is changing the nature of the employer – employee relationship.