Chief Financial Officers
Increasingly CFOs are being asked to cut and or contain costs that have
already been cut to almost perilous levels. With the organization’s financial
well-being on the line, most CFOs surveyed indicated the need to focus on
benefits & healthcare costs; spend control & profitability; maintaining
employee morale & motivation and performance evaluation with long-term
perspectives. Here’s how ASL’s HR Applications can assist
Benefits & Healthcare Cost
Employee Morale & Motivation
Analyzing usage, costs and benefits delivered across the organization will help to determine the best mix of healthcare for employees. Being able to utilize Group Benefits, Flexible Benefits or Healthcare Spending Accounts with support for open enrollment means being able to further streamline costs.
Retaining high-performance employees is not only crucial for business success but helps to maintain morale across any organization. Transparent opportunities, performance management, collaboration and incentives help to engender a highly motivated workforce
Spend Control & Profitability
Performance Evaluation With Long-Term Perspectives
Compensation Planning & Budgeting linked to performance management is key to developing a high-performance culture within organizations. Pay for performance, bar none, is the main determinant of successful and profitable companies. See how your current spreadsheet-based system can be replaced by a transparent, secured, workflow-based solution.
Developing and grooming the next generation of leaders in any organization is a long-term task. Identifying the appropriate pools of talent, mentors, coaches, sponsors etc. and being able to regularly update critical performance parameters is the best way to incrementally build for a long-term view.