STORES - January 2007 - 2

 Warning : session_start : The session id contains invalid characters,
valid characters are only a-z, A-Z and 0-9 in
/mnt/data/www.nxtbook.com/fx/config_1.3/global.php on line 9 Warning :
session_start : Cannot send session cache limiter - headers already sent
output started at /mnt/data/www.nxtbook.com/fx/config_1.3/global.php:9 in
/mnt/data/www.nxtbook.com/fx/config_1.3/global.php on line 9 Warning :
Cannot modify header information - headers already sent by output started
at /mnt/data/www.nxtbook.com/fx/config_1.3/global.php:9 in
/mnt/data/www.nxtbook.com/fx/config_1.3/global.php on line 10 HUMAN
RESOURCES ng le C in tf or Si TalentManager reduces the time spent on
reviews by about a third. op praisals, how many are in process and how
many are done. And on the compensation side, I can drill down and c o m p
a r e the budget to the actual trends. It allows for a nice picture of our
overall budgeting process.” Vendor ’s overview M a r k Albrecht, vice
president of t a l e n t management solutions for Waltham, Mass.-based
Salary.com, estimates that 60 percent of large organizations have not
automated their performance appraisals. on these reviews to about a third
of the time required for those manual systems,” Albrecht says. In
addition, TalentManager “enforces the company’s guidelines,” he
says. “It requires consistency based on the pay for performance that has
been established. If a manager goes outside those guidelines, it requires
justification.” T h r o u g h its web-based system, problems of access
by managers and associates are overcome with a simple, dial-up approach.
And in some instances, associates can use a com- N XT pr Copyrighted ©
2007 NRF Enterprises Inc. All Rights Reserved. This article does not
represent an endorsement by the National Retail Federation or its
affiliates. #1-19618751 Managed by Reprint Management Services,
717.399.1900. To request a quote online, visit www.reprintbuyer.com. y
“They can access the system and see how the team is doing with
evaluations and self evaluations,” Gilaspy says. “It is live data. A
manager can make a change at 8 a.m., and a senior m a n a g e r will see
what has been changed in a compensation recommendation or a performance
evaluation. The product also gives a timeframe and will send out
[deadline] reminders to managers.” As a manager, “I can go in and see
the performance module,” she says. “I can drill down and see how many
h a v e filled out performance ap- “In the past, compensation planning
was done separately from perf o r m a n c e management,” he says.
“Organizations have struggled to do both pay and performance, but now
our clients are very focused on that approach.” T h e more traditional
evaluation systems typically carry higher costs, Albrecht says. The cost
that many organizations are initially concerned with is the time and money
they spend with a manual system in performance reviews. TalentManager
“reduces the time spent pany’s existing POS system to comp l e t e the
standardized forms. Changes in reporting relationships a r e also managed
more efficiently, with Salary.com keeping up to date on managers’
transfers and promotions, directing associates’ forms to the appropriate
individual. Another key benefit of TalentManager is a streamlined process
that fosters consistency. “It enforces a company’s guidelines so that
they pay the right people the right amount, and ret a i n them without
going over the budget,” Albrecht says. “Some customers complete the
process so quickly that managers are able to spend more time providing
better feedback to the employees and offering development support. It
creates a better dialog between managers and associates because of the
time savings in the administrative part.” Service is key F o r retail
companies considering similar HR applications, “service is a v e r y key
element,” Gilaspy says. “They need to sit down and decide w h a t kind
of product is right for them. If it’s a system that’s web based, what
demands will it make of the IT d e p a r t m e n t , and how much
customization will be needed? Are they looking for a product to use for a
few y e a r s or a lifetime? Are there upgrades that are part of the
package?” With Salary.com, the service “has b e e n a huge point of
differentiation,” she says. “You don’t realize how much you need
customer supp o r t until you need that customer support.” Gilaspy was
provided with the cell phone numbers for each member of the TalentManager
team. “They are constantly calling me and checking in,” she says.
“When I look at their c l i e n t list I know we are not their biggest
client, but they make us feel StORES like we are.” us Michael Hartnett
is a Brewster, N.Y.based business writer. e O nl y   Warning : Unknown : The session id contains invalid characters, valid
characters are only a-z, A-Z and 0-9 in Unknown on line 0 Warning :
Unknown : Failed to write session data files . Please verify that the
current setting of session.save_path is correct /var/lib/php/session in
Unknown on line 0        

STORES - January 2007

Table of Contents for the Digital Edition of STORES - January 2007

STORES - January 2007 - 1
STORES - January 2007 - 2
STORES - January 2007 - 3
https://www.nxtbookmedia.com