Case study shows performance-feedback system saves mid-size accounting firm over $250,000 annually and boosts employee morale
Staffers at accounting firm say HRToolbench has freed up hundreds of hours a month
PROVIDENCE, RI (April 23, 2010) - HR Technology Solutions today released a case study showing how a professional services firm in Massachusetts is saving over a quarter of a million dollars annually simply by changing its employee performance feedback system. "Instead of spending an hour on an evaluation, I now spend 20 minutes," says Carla McCall, Partner at Alexander, Aronson, Finning & Co. Download the AAF case study now to see real-world examples of how HRToolbench, an online, web-enabled talent management suite, delivered jaw-dropping savings in time and money, as well as improved employee engagement.
The waning recession is giving rise to what industry analysts are calling "The War for Talent," as employees gain confidence in the job market and many begin to look elsewhere. AAF staffers say HRToolbench is a key weapon in their arsenal because of immediate, actionable performance information leading to improved coaching feedback, professional development and staff retention. "The employees themselves can add input," says Denise Wolfenden, HR Administrator at AAF. "They know what's expected; whereas before, it wasn't spelled out. Feedback is measurable and quantified, and certain feedback criteria are tied directly to job-specific competencies." Download the AAF case study now to see how HRToolbench improved employee engagement.
See what these AAF staffers had to say about HRToolbench:
- "For many years, our firm spent a great deal of time, energy and effort trying to evaluate our staff and give complete and in-depth reviews. With HRToolbench, we have made drudgery into a very positive, cost-effective benefit for our company and saved hundreds of thousands of dollars. We are spending far less time and have much-improved job descriptions and expectations. The system is now efficient, effective and economical, thanks to HRToolbench." - Herb Alexander, Managing Partner - Alexander, Aronson, Finning & Co., P.C.
- "With HRToolbench, everything is for staff benefit. They can grow - and they can get the coaching they need so that they can do a better job on their next assignment. It allows us to get in front of any performance problems." - Denise Wolfenden, HR Administrator
- "We noticed changes immediately - it's a very easy monitoring tool." - Tom Muldoon, Manager
- "The questions that are asked on the feedback form are directly related to our job competencies. It makes me more mindful about what's expected of me as well as others." - Nate Boulanger, Semi-Senior Accountant
If your feedback system is costing you thousands of dollars and frustrating your employees, isn't it counterproductive? Download the HRToolbench case study now to see how to bring transparency, engagement and efficiency into the performance feedback process - and how to restore the time, money and staff satisfaction lost under your current system.
About HR Technology Solutions and HRToolbench
HR Technology Solutions, Inc., was founded in 2002 to deliver superior, affordable, Web-based tools that enable organizations to attract, retain and motivate employees more effectively and profitably. We focus primarily on serving small to mid-size organizations.
Our flagship product, HRToolbench, is an integrated suite of HR tools that promotes organizational success by sharing information uniquely among six different HR functions, including Job Descriptions, Candidate Selection, 360 Feedback, Performance Management, Compensation and Succession Planning. HRToolbench reduces the administrative time required to perform critical HR processes, encourages frequent and high quality communications between employees and managers, and supports strategic management of the workforce. To learn more, visit hrtechnologysolutions.com
Media Contact
Robert Levy
President, HR Technology Solutions
Telephone: 401.272.5353
Toll Free 877.444.4787
info@hrtechnologysolutions.com
