Components of Human Capital Management

Components of Optimized Shared Services for HCM Outpace the Competition by Achieving the Following Efficient Structure Common Position Structure 80% and shared job descriptions Payroll Services 99% 100% On time and accurate payroll utilizing a centralized process. Save 16% per 84% paycheck; $965k a Accuracy of Employee Data year for 25,000 employees with shared services Eliminate Paper Based HR Operations Rationalized employee numbers and policies Efficient and Processes Rationalized Employee Status Codes Be in the top 6th percentile for Talent Management Strategy compliant Absence 94% and Leave Management Centralized HCM Shared Services Win the battle for attaining and retaining top talent Total Rewards Local HR Staff (Benefits) The employee turnover rate in healthcare is at an all time high. Improving the employee experience with a complete approach to Human Capital management has a direct impact on improving retention. · Ocupational Health ·Employee Relations • Interview Support • Local Facility Programs • Org Development PERFORMANCE GOALS Integrated • Loosely coupled • Shared Data • Secure Compensation Overall strategy supports competitive pay that is market based and directly linked to performance. Integrated Employee Portal Integrated with Talent Management; Best practices available to all managers HR Connections Online Service Velocity Zoom Center Automated Workflow Business Processes Developed • Complete • Responsive • Transparent 90% VelOcity VelocityCloud.com Velocity and the Velocity logo are registered trademarks of Velocity Technology Solutions, Inc.e 2015 Velocity Technology Solutions, Inc. All rights reserved. All other trademarks are the property of their respective owners.