Reducing costs is important. That is why it is essential to understand your Total Cost of Ownership (TCO) around Payroll, Time and Attendance and HR administration. Direct costs are easy to determine, but are you aware of the impact indirect costs have to your bottom line? Chances are you may be spending more than you think.
In PwC’s 2012 Canadian Total Cost of Ownership study, “Exposing the Hidden Cost of Payroll & HR Administration” you will learn about the different costs that increase an organization’s TCO, including three frequently overlooked “hidden costs”: direct labour, indirect labour and systems maintenance costs. These “hidden costs” can result in underestimating your in-house Payroll, Time & Attendance and HR data administration and health & benefits expense by more than 50%.
For nearly a decade, PwC, with the sponsorship of ADP has studied these costs and how to mitigate them. Past studies have focused exclusively on US large and mid-sized organizations. For the first time, this study has been conducted in Canada and measures the total cost of ownership (TCO) for organizations between with 50 to more than 5000 employees.
Receive your complimentary copy
Exposing the hidden cost of Payroll and HR Administration
A total cost of ownership study
Featured Downloads
Workplace Benefits Create a Healthy Bottom Line
You can’t separate the health of the company from the health of its people. Leading health experts explore best practices in benefits management. Download Now!
IDC Marketscape: Worldwide HR BPO 2012 Vendor Analysis
This expert from an IDC study defines the characteristics of a successful human resources business process outsourcing operation and how the leading BPO vendors stack up. Download Now!
5 Challenges Companies Face in Managing a Global Workforce
This short slide show reveals the risks and trends facing companies managing a multinational workforce. Download Now!
What ADP Clients Are Saying
Teche Federal Bank in Louisiana on rolling out ADP Mobile Solutions. Download Now!
Mobile HR Solutions: Connecting & Empowering Your WorkforceVDC Research and the ADP Research Institute (ADPRI), a specialized group within ADP, have collaborated to conduct vital research involving 400 midsized and large organizations to determine the current and anticipated value of mobile HR Solutions. This whitepaper, explores the key findings from this mobile HR research and discusses the implications for HR practitioners and decision makers going forward.Download Now! |
Mobile Access: A Must Have for Today’s Integrated HCM SystemOverview For Companies looking to transform their human capital management (HCM) systems, mobile access has quickly morphed into a system imperative Download Now! Infographic – Lessons in 21st Century Talent ManagementOverview – From finding and filtering ideal cndidates to successful onboarding, maximizing development and keeping in touch with former stars – how scientific is your approach?Download Now! |
Featured Article
You’re safer in the cloud, says ADP CIO
Michael Capone, CIO of Automatic Data Processing Inc., says many companies can’t achieve the same level of security as a cloud provider can. Read More
or visit http://www.itworldcanada.com for more Canadian IT News