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Software Functionality Revealed in Detail
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 employee retention problem

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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Documents related to » employee retention problem

10 Keys to Selecting the Right Employee Compensation Software


To get around the limitations of their existing payroll systems, many companies are still using spreadsheets and homegrown applications for compensation management. Human resources (HR) system providers have responded by offering compensation administration functionality as part of their integrated HR solutions. Discover 10 critical things to look for when considering a compensation administration tool for your company.

employee retention problem  the tedious tasks of employee management to the lowest possible level. But what manager doesn''t dread the performance review/compensation cycle? Has it really gotten easier since the flurry of paper went online? Certainly in some ways, the answer is yes. But with new capabilities to hone in (like a laserbeam) on the correlations between pay, performance, market data, equitable distributions and the like comes another problem: complexity. Complex calculations based on a host of factors, such as company, Read More

Winning the Race for Talent in Emerging Markets


Economic activity in emerging markets is growing at around 40 percent—as compared with 2 to 5 percent in the West and Japan. Businesses all over the globe are competing for people who have numerous options and high expectations. How can your company attract and retain talent in emerging markets in Brazil, Russia, India, and China—offering new employees what they want, while ensuring your bottom line is met? Find out.

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Current Trends in Messaging


As electronic communication has grown, geographic boundaries have shrunk, enabling an onslaught of mobile executives.

employee retention problem  finding and keeping an employee with messaging expertise is growing more and more difficult. Information Technology (IT) Departments'' turn over rates have lent themselves to the IT department revolving door concept. Many CIO''s are interested in washing their hands of maintaining a production e-mail system and taking advantage of outsourcing opportunities. Generally, a collaborative server-based outsourced mailbox will cost approximately $29 (USD) per month. Technology Evaluation has determined that the Read More

How to Unbalance Your Scorecard to Better Measure Business Performance


The Balanced Scorecard is one of the most popular methodologies for measuring business performance, with a view to enhancing it. First made popular in the early 1990s, this performance management framework was intended as a tool to provide managers with a more complete and “balanced” view of their organization’s performance by including nonfinancial metrics and key performance indicators (KPIs) in

employee retention problem  corporate culture and individual employee practices. How these four perspectives combine is their “balance.” All four perspectives deserve equal consideration. To keep them in balance, you need to be aware that changes in any one domain will impact the other three. While the theory sounds simple, in practice things can be quite different. Theory and Reality Tad Leahy in his article, “ Tailoring the Balanced Scorecard ,” remarks that: Most companies don’t embrace the textbook approach to Read More

People or Resources: The Financial Sector in a Crossroads


People management tools have become necessary, particularly in an environment such as the financial sector, where resources have become global and people require more complex management solutions.

employee retention problem  years are indicators that employee loyalty depends greatly on the social role a company plays. Leadership . This is a revision of an old concept that is currently overseen by a company''s human resource team. The development of a company''s external leadership in the market requires having leaders in a company. Thus, successful leadership requires creating an internal brand through which a company will develop leaders that represent its core values. Goals . Maintaining the sustainable commitment of employee Read More

From Profit Recovery to Profit Retention


Find out how best-in class-firms strengthen accounts payable (A/P) through intelligent invoice reconciliation.

employee retention problem  Profit Recovery to Profit Retention Find out how best-in class-firms strengthen accounts payable (A/P) through intelligent invoice reconciliation. Read More

Three Ways to Improve Employee Engagement and Productivity with Social Business Media


The surge in social media use and younger people moving into positions once held by baby boomers are transforming today’s workplace, creating both challenges and opportunities for companies trying to keep employees happy and businesses healthy. This white paper looks at the benefits for employee engagement and productivity that come with social media for business use.

employee retention problem  Ways to Improve Employee Engagement and Productivity with Social Business Media The surge in social media use and younger people moving into positions once held by baby boomers are transforming today’s workplace, creating both challenges and opportunities for companies trying to keep employees happy and businesses healthy. This white paper looks at the benefits for employee engagement and productivity that come with social media for business use. Read More

Talent Is Here to Stay: Best Practices for Employee Engagement


Unlimited gourmet food, lunchtime massages, and an onsite gym may be nice perks, but they often have little direct effect on employee engagement. Often companies only think of giving employees more tangible objects in an effort to retain top-notch talent. But a majority of the time what employees are looking for isn't an increased salary or more company benefits—they want a sense of community, opportunity to grow in their field, and a culture that inspires them. It's time for companies to think creatively about how to engage employees.

employee retention problem  Stay: Best Practices for Employee Engagement Unlimited gourmet food, lunchtime massages, and an onsite gym may be nice perks, but they often have little direct effect on employee engagement. Often companies only think of giving employees more tangible objects in an effort to retain top-notch talent. But a majority of the time what employees are looking for isn''t an increased salary or more company benefits—they want a sense of community, opportunity to grow in their field, and a culture that inspires Read More

ERP or Third Party: Which Is Best for Employee Appraisals?


Your enterprise is looking into performance appraisal software, often called employee performance management (EPM). And your company already uses an enterprise resource planning (ERP) system such as SAP or Oracle. After all, speak to any ERP vendor, and they’ll say they have the perfect fit for you. So isn’t it natural for you to go with the ERP vendor’s add-on module for that purpose? Not necessarily. Find out why.

employee retention problem  Which Is Best for Employee Appraisals? Your enterprise is looking into performance appraisal software, often called employee performance management (EPM). And your company already uses an enterprise resource planning (ERP) system such as SAP or Oracle. After all, speak to any ERP vendor, and they’ll say they have the perfect fit for you. So isn’t it natural for you to go with the ERP vendor’s add-on module for that purpose? Not necessarily. Find out why. Read More

Offering Employee Access Saves Money


Read how a mid-sized hospital immediately found savings of $43,500 a year by implementing a secure employee scheduling and human resource information system payroll solution. It was a cautious beginning, with an initial roll-out of just four of the many available with emPath®'s Employee Self-Service (ESS) features, but there is the promise of more dramatic savings to come.

employee retention problem  Employee Access Saves Money Read how a mid-sized hospital immediately found savings of $43,500 a year by implementing a secure employee scheduling and human resource information system payroll solution. It was a cautious beginning, with an initial roll-out of just four of the many available with emPath®''s Employee Self-Service (ESS) features, but there is the promise of more dramatic savings to come. Read More

Day One Employee Productivity and Increased Security: Integrated Provisioning and SSO


Increasing user productivity is an ongoing challenge for many companies. While an abundance of online information and applications is available to them, facilitating fast and secure access to the information can be a complex task. An integrated provisioning and single sign-on (SSO) solution provides secure access to the network from the moment an employee starts the job—enabling full productivity from day one.

employee retention problem  One Employee Productivity and Increased Security: Integrated Provisioning and SSO Increasing user productivity is an ongoing challenge for many companies. While an abundance of online information and applications is available to them, facilitating fast and secure access to the information can be a complex task. An integrated provisioning and single sign-on (SSO) solution provides secure access to the network from the moment an employee starts the job—enabling full productivity from day one. Read More

An Overview of Product Lifecycle Management Implementation Challenges


Product lifecycle management (PLM) implementation brings its own set of challenges, whether considering vendor selection, employee perception management, or actual implementation. However, based on experience and study, it is possible to describe the best practices for overcoming these challenges.

employee retention problem  the vision document Gathering employee support for change Software evaluation and selection Implementation management Mapping of current process to the features of the selected software system Identifying customizations and prioritization Legacy data loading into the newly built PLM system Technical training on PLM software for maintenance Hands-on user training on usage of new system. Kickoff of new PLM system Preparation of the Vision Document Any major change in the way an organization work needs to Read More

Best Practices: Eight Recommendations for Turning Engagement Measurement into Results


As an HR leader, you’re expected to achieve and sustain the highest possible levels of employee engagement. The reason is simple—higher levels of engagement lead to better business results. Engaged employees produce higher-quality work, experience fewer accidents, miss less work, and are less likely to leave your organization. This white paper outlines eight recommendations for turning employee engagement into positive business outcomes for your organization.

employee retention problem  highest possible levels of employee engagement. The reason is simple—higher levels of engagement lead to better business results. Engaged employees produce higher-quality work, experience fewer accidents, miss less work, and are less likely to leave your organization. This white paper outlines eight recommendations for turning employee engagement into positive business outcomes for your organization. Read More

New Employee Acculturation: Measure, Engage, and Immerse


Traditional approaches to employee onboarding are often more simplistic than they are successful. Transactional onboarding automates the onboarding process to transition new employees into their new roles, while acculturation onboarding, also known as socialization, quickens the new employee to effectiveness. Learn more about the two onboarding methods, and compare how they can bring you a return on investment (ROI).

employee retention problem  Employee Acculturation: Measure, Engage, and Immerse Traditional approaches to employee onboarding are often more simplistic than they are successful. Transactional onboarding automates the onboarding process to transition new employees into their new roles, while acculturation onboarding, also known as socialization, quickens the new employee to effectiveness. Learn more about the two onboarding methods, and compare how they can bring you a return on investment (ROI). Read More