5 Challenges Companies Face in Managing a Global Workforce

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Information about 5 Challenges Companies Face in Managing a Global Workforce
Business & Mgmt

Published on February 7, 2014

Author: mattdubeau

Source: slideshare.net

Description

In today’s environment 60% of HR leaders say Risk & Compliance are their top concerns. This especially concerning when 20 is the average number of HR/Payroll systems used by Multinational firms. By standardizing and streamlining process in both payroll and human resources and using one global multinational platform, organization have lowered their total cost of ownership by an average of 26%.

challenges companies face in managing a global workforce 1 2 Misaligned people and strategy <1% 56% of employees are not engaged1 3 Exposure to risk Shortage of skills and talent of companies are fully prepared for a talent shortage2 4 Global cost-control measures Firms using a global HCM strategy reduce total cost of ownership by an average of 26% 4 60% 5 Inefficient IT strategies of HR leaders say compliance and risk are their top concerns3 20 The average number of HR/ payroll systems used by multinational firms5 For more information on how ADP can help you tackle the challenges of global human capital management: ADP.com/mnc HR. Payroll. Benefits. SOURCES: (1) Trends in Global Employee Engagement, Aon Hewitt, 2011 (2) The New Reality Update 2011: Preparing for the Coming Talent Storm, Birkman International, January 2011 (3) ADP HR Transformation Report, ADP, 2010 (4) NelsonHall, 2011 (5) ADP MNC Market Study, ADP Research Institute, May 2011 The ADP logo and ADP are registered trademarks of ADP, Inc. ADP Research Institute is a service mark of ADP, Inc. All other trademarks and service marks are the property of their respective owners. ADP is not in the business of rendering legal services. If legal advice is required, the service of an attorney should be sought. Copyright © 2012 ADP, Inc.

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