Navigation Links
Using HR Performance Metrics to Drive Costs Down Across HR Functions
Date:4/15/2008

CHAPEL HILL, N.C., April 15 /PRNewswire/ -- With companies across all industries facing a year of belt-tightening, organizations are seeking savings from the largest part of their budget - Human Resources. The dilemma: How to trim costs across the myriad HR functions and yet retain high service quality for the company's most valuable asset: its work force.

To help executives and managers in pharma and other sectors evaluate their key HR functions, benchmarking leader Best Practices, LLC has published a comprehensive report that delivers more than 300 metrics across six key functions: Staffing, Benefits, Relocation, LOA/FMLA, Workers Compensation and Medical Services.

To review a complimentary excerpt and sample metrics of "HR Resourcing Excellence Series," go to http://www3.best-in-class.com/rr927.htm .

Some of the findings of the 350-page report include:

-- Staffing Costs: The cost per hire ranged from more than $30,000 in the

smallest company segment to $1,058 for the largest segment. The largest

companies are able to demonstrate economies of scale with lower costs

per hire.

-- Domestic Relocation: The average temporary assignment costs $3,798.

Employee relocations and new hire relocations, however, cost about 60

percent less, ranging between $1,535 and $1,622.

-- Medical Services: Benchmarked companies spend an average of $126 for

medical services administration per employee supported.

Data was collected from surveys and interviews with HR professionals at 78 companies including: Abbott Labs, ALCOA, American Express, AT&T, Bank of America, Boeing, Bristol-Myers Squibb, Caterpillar, Cisco Systems, Convergys, Dell, Dow Chemical, DuPont, Fujifilm, General Electric, General Motors, Intel, Kraft Foods, Microsoft, Motorola, Pfizer, Texas Instruments, Toyota and more.

To view
'/>"/>

SOURCE Best Practices, LLC
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Blocking the effect of inflammation-causing cells lowered prostate cancer cells invasion
2. Two Million People Using Kaiser Permanentes Personal Health Record
3. SurgiQuest Announces First Procedure Using AirSeal(TM) Access System
4. SNAPforSeniors Now Helps BenefitsCheckUp Users Locate Housing Options
5. Stroke Patients Re-Learn to Walk Correctly Again Using Special Treadmill
6. Significant reductions in mortality shown using blood pressure-lowering treatment in very elderly
7. Stanford University School of Medicine to Address Improving Network Security and Management at EDUCAUSE Western Regional Conference 2008 Using Lancopes StealthWatch System for Network Behavior Analysis
8. MTM Study Reports Improved Quality and Economic Outcomes Using Medication Management Systems Assurance Pharmaceutical Care System(TM)
9. Springer to publish new journal focusing on ethical issues in neuroscience
10. Fallout From Atomic Bombs Still Causing Health Problems
11. Housing Opportunity Fund Could Hold Promise for Affordable Assisted Living
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/22/2014)... For Dr. Iris Hunter, a job is more than ... her life’s mission. Her extensive experience in the nonprofit sector, ... HomeCare, make it clear that Hunter’s mission is to serve ... makes a difference in the lives of others,” Hunter said. ... research, I felt ready to start on this journey as ...
(Date:10/22/2014)... 22, 2014 Hay House is pleased to ... and Upgrade Your Life (Paperback; $10.82) written by the highly ... Recovery. This book is meant to help readers of ... of recovery. , Recovery 2.0 is not the average ... 2.0 is a guide for what comes next. ...
(Date:10/22/2014)... Weight Your Body’s Way , In a world where a ... certainly can be difficult to choose the right weight loss ... doing it the healthy way? Set aside the fads and ... exercise regularly, and choose foods with the most nutritional benefits. ... to exercise more and eat less. Despite the number of ...
(Date:10/22/2014)... Steven Reinberg HealthDay ... Infants who quickly add weight and length may be showing ... suggests. In adults, certain genes have been linked to ... proportionate gains in fat and lean muscle, the researchers said. ... heavier and taller. By ages 2 and 3, however, these ...
(Date:10/22/2014)... Oct. 21, 2014 (HealthDay News) -- Measures taken by ... in Ebola-ravaged Liberia may have limited the spread of ... report. The Firestone Natural Rubber Co. provides health ... residents of nearby densely populated communities. Between Aug. ... suspected Ebola cases among those 80,000 people. That incidence ...
Breaking Medicine News(10 mins):Health News:Dr. Iris Hunter to Host Grand Opening of FirstLight HomeCare Tomorrow 2Health News:Hay House Announces The Official Release of Recovery 2.0: Move Beyond Addiction and Upgrade Your Life 2Health News:Hay House Announces The Official Release of Recovery 2.0: Move Beyond Addiction and Upgrade Your Life 3Health News:ReductionGuruMD Presents Ways to Improve Your Weight Loss Results 2Health News:Tall, Heavy 1-Year-Olds May Be at Risk for Obesity Later, Study Finds 2Health News:Tire Company Sets Standard for Ebola Care in Liberia: CDC 2
... ... Safety and Telemedicine solutions provider MainStreet Monitoring Devices selects SensorLogic’s asset tracking Cloud ... systems that advance the care and protection of children and seniors, including individuals ... ...
... ... Management Services for their Clients. , ... Buffalo, NY (Vocus) March 3, 2010 -- IVR Technology Group today announced ... call-tracking services to provide midsize and large market clients with state of the art Interactive ...
... ... a Philadelphia area-based non-profit started after an amazing bicycle trek across Europe that took place ... to Warsaw, Poland in an effort to raise world awareness and funds for a group ... ...
... ... ... ... ...
... , ... ... ... ...
... ... ... , ... ...
Cached Medicine News:Health News:MainStreet MD Launches Personal Safety Solutions for Children and Seniors Built On SensorLogic's Cloud Computing Platform 2Health News:MainStreet MD Launches Personal Safety Solutions for Children and Seniors Built On SensorLogic's Cloud Computing Platform 3Health News:MainStreet MD Launches Personal Safety Solutions for Children and Seniors Built On SensorLogic's Cloud Computing Platform 4Health News:BASIC, a HR Service Company Expands Absence Management Services with IVR Technology Group 2Health News:BASIC, a HR Service Company Expands Absence Management Services with IVR Technology Group 3Health News:A Small Grass-roots Non-profit, Announces That They Haven't Gone Away and are Still Alive with Helping the Disadvantaged Children in Ukraine 2Health News:A Small Grass-roots Non-profit, Announces That They Haven't Gone Away and are Still Alive with Helping the Disadvantaged Children in Ukraine 3Health News:A Small Grass-roots Non-profit, Announces That They Haven't Gone Away and are Still Alive with Helping the Disadvantaged Children in Ukraine 4Health News:A Small Grass-roots Non-profit, Announces That They Haven't Gone Away and are Still Alive with Helping the Disadvantaged Children in Ukraine 5Health News:FDA Survey Finds More Americans Read Information on Food Labels 2Health News:FDA Survey Finds More Americans Read Information on Food Labels 3Health News:FDA Survey Finds More Americans Read Information on Food Labels 4Health News:FDA Survey Finds More Americans Read Information on Food Labels 5Health News:Pelosi Remarks at Press Availability on Health Insurance Reform 2Health News:Pelosi Remarks at Press Availability on Health Insurance Reform 3Health News:Pelosi Remarks at Press Availability on Health Insurance Reform 4Health News:Pelosi Remarks at Press Availability on Health Insurance Reform 5Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 2Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 3Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 4Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 5Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 6Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 7Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 8Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 9Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 10Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 11Health News:Major Labor Board Ruling Begins to Clear the Way for Union Elections at 51 California Healthcare Facilities 12
(Date:10/22/2014)... 2014 A new report by ... type, Form, End user, Application and Geography) - Size, ... Report, Opportunities, Segmentation and Forecast, 2013 - 2020", considers ... on key trends tracked, it is anticipated that the ... by 2020, registering a CAGR of 6.2% from 2014 ...
(Date:10/22/2014)... 2014   BioNano Genomics , the genome ... centers to purchase an Irys™ System . Among ... Institute (NCI), NIH Intramural Sequencing Center (NISC) and Genoscope ... a comprehensive view of a genome was a ... not deliver the scalability or reliability to detect ...
(Date:10/22/2014)... 2014   Surefire Medical , Inc., the developer ... maximize targeted delivery of embolization agents in minimally invasive ... John R. Daniels , MD of the University ... oncologist Steven C. Katz , MD of the ... Advisory Board (SAB).    "The role of ...
Breaking Medicine Technology:Global Disposable Gloves Market Expected to Grow to $7.9 Billion by 2020 - Allied Market Research 2Global Disposable Gloves Market Expected to Grow to $7.9 Billion by 2020 - Allied Market Research 3Global Disposable Gloves Market Expected to Grow to $7.9 Billion by 2020 - Allied Market Research 4BioNano's Irys System Adopted by Leading Genomics Centers for Comprehensive Detection of Human Genome Structural Variation 2BioNano's Irys System Adopted by Leading Genomics Centers for Comprehensive Detection of Human Genome Structural Variation 3Surefire Medical's Scientific Advisory Board Expands, Broadens Clinical Trial Expertise 2
... PHILADELPHIA, Jan. 9 A single tumor-suppressor gene may ... cells (MSCs) in vitro, while also playing a role ... Health Foundation and the Sbarro Institute for Cancer Research ... Stem Cells and Development.The finding is important, since MSCs ...
... ProUroCare Medical Inc. (OTC Bulletin Board: PUMD) announces the ... unit consisting of one share of common stock and one ... an exercise price of $1.30 per share. The Company has ... purchase up to an additional 457,500 units to cover over-allotments, ...
Cached Medicine Technology:Gene Marker May Improve Odds of Stem Cell Therapies for Disease 2ProUroCare Medical Inc. Announces Pricing of Equity Offering 2
The CD Horizon M8 Spinal System provide spine surgeons comprehensive solutions for the treatment of spinal deformities, trauma reconstruction, and degenerative conditions....
... Spinal Fixation System is ... that provides an innovative ... It combines technical advances ... with a design philosophy ...
The CD Horizon Legacy Spinal System is part of the CD Horizon Spinal System designed for use in small stature patients. The posterior implants (hook and screws) are designed to fit patients in the ra...
... Spine System Evolution offers the latest technology ... of spinal pathologies including degenerative lumbar spine, ... is also intended for the treaent of ... the L5-S1 vertebra. Levels of pedicle screw ...
Medicine Products: