HR Transformation
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HR Transformation
Articles and news related to people management, organisational change and the world of work
Curated by Andrew Spence
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ADP Unveils One Of The More Exciting HCM Systems I've Seen...according to Josh Bersin

ADP Unveils One Of The More Exciting HCM Systems I've Seen...according to Josh Bersin | HR Transformation | Scoop.it
ADP unveils its new HCM system and new payroll engine - and it's much sexier than you think.
Andrew Spences insight:

Bold words indeed from Josh Bersin who is impressed with the following new ADP innovations :-

 

(1) It's built on a Graph Database - you can change it by moving objects on the screen and the system reconfigures itself

 

"this is the disruptionthat could change the entire HCM market" according to Josh as other current systems (apart from Workday) are built on tables and fields, making modeling relationships and teams hard.

 

(2) New real-time, policy-based payroll engine. the new payroll system lets companies find policies others have created, inherit policies, combine policies, and edit policies graphically. These are all validated and checked and there is programming required. And the system is set up to pay, withhold, and garnish wages in real-time, so you will eventually be able to pay people daily if you choose.

 

3) Wisely Cash Card and App - ADP now supports pay to a dedicated pay card (your employer’s debit card you can use anywhere), your own debit card (bank branded), and digital payment through the Wisely app that lets you move pay to savings, loan payments, mortgages, etc. automatically.

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The rise of the Chief HR Officer

What makes a CHRO successful – now and in the future?  16 page PDF from KPMG

Andrew Spences insight:

Lots of insights from the survey, including 

 

"We found a number of trends. Most notably, the proportion of CHROs who were female went from a minority (44%) to a majority 56%"

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Blockchain and the Chief Human Resources Officer

Transforming the HR Function and the Market for Skills, Talent and Training

 

This is a downloadable PDF report that I published with the Blockchain Research Institute.  

Andrew Spences insight:

This original research report looks at some of the fundamental challenges in the world of work and how a new emerging decentralised work economy could transform HR, work and even what we call 'The Firm'.

 

Gives examples of blockchain applications in candidate verification, digital work platforms and paying workers.

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HR Disruption: HR and Finance - Joined at the hip

HR Disruption: HR and Finance - Joined at the hip | HR Transformation | Scoop.it

No partnership could potentially have a more immediate impact on business performance than CFOs and CHROs joining forces to work collaboratively.

Andrew Spences insight:

This is a marriage made in heaven, surely?

 

We have lots of goals in common,

 

  • create crosspillar efficiencies
  • plan a workforce of the future through workforce modelling
  • strategic workforce planning
  • increase efficiencies and productivity through changes to operating models

 

However, interesting in the survey of 340 senior execs in Finance and HR,  when asked :-

 

"Finance and HR will collaborate more in the next three years?"

HR Agrees         70%

Finance Agrees 48%

 

Maybe not such an equal relationship!

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