How much “human” involvement must be considered when planning Human Resource Management? That’s the question Oracle Corp. wants you to think of when discussing their human capital management solutions. Oracle Corp. creates tools to help increase efficiency in delivering human resource services. The question remains, how much of their services or any other should be used in your strategy?

Tim Darton, general manager of the Asia-Pacific division had this to say, “The value and cost of delivering talent management is high so there is a need to prevent loss of skilled and talented workers which mean that companies must be able to automate human resource service delivery.”

It’s hard to argue with his words, because the ultimate goal is to keep all of your employees. Darton’s claim is that their software can help streamline the human resource management process, providing clearer options as to an employee’s worth. A startling statistic used by Darton is that cost of losing talent “may be at least one and a half times the budgeted salary for employees.”

Right now there’s a trend in human resource management which relies heavily on analytic data, involving employee’s performance. The analysis then provides optimal data to managers when deciding who to keep or potentially let go.

Oracle has released its latest software, PeopleSoft 9.1. The software offers ‘end-to-end’ solutions, utilizing a single interface. The program allows you to set expectations and track employee performance over a given period of time. Depending on the amount of employees the software could be considered a boon.

When deciding on software such as this, there’s a couple of questions to ask yourself. First – how much reliance are you going to put on software to help decide an employee’s worth? Second – what exactly are you going to track, and will be the optimal results?

Relying on software can be tricky when it comes to evaluating performance. Are the numbers being based solely on speed, or how much emphasis do you put into quality of work? How much weight will punctuality play in employee evaluations? Dress code compliance?

The point is not to be completely apprehensive about human resource software, but it’s important to know what you want out of it. Remember, it’s just a tool and you’re the decision maker. When employee’s jobs are hanging in the balance, a piece of software will not have all the answers but can help you start in the right direction.

This entry was posted on Thursday, January 21st, 2010 at 8:30 am and is filed under Uncategorized. You can leave a response, or trackback from your own site.

About the Author: John is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.