In 2015, the HR department at Avis Budget group embarked on a major transformation journey. Among globalizing their operations and implementing a core HR system, they set up shared service centers. The goal was to free up their HR resources in the field so they could spend less time on administrative work and more time on strategic initiatives and employee engagement. This kind of shift is the cornerstone of transformational HR. In this video, hear from Sherry Knaszak, VP of HR Transformation and HRIS, Avis Budget Group, on why she chose PeopleDoc’s technology to get the shared service centers functional.
Setting up an HR shared service center (HRSSC) has many benefits. For one, it can help an organization be more efficient by centralizing and streamlining certain tasks. HRSSCs also play a big role in transforming the employee experience. With the right technology, this operating model allows HR to provide employees with the ease and immediacy they’ve come to expect in today’s service world.
The benefits of a Shared Services model have already been proven in IT and Finance, and now many organizations are applying the model to HR. A Shared Services model can help HR work faster and more efficiently, and provide employees with great service. Reorganizing into a Shared Services model can be a substantial investment so it’s important to follow best practices to gain optimal results. We’ll take a look at 4 best practices that are critical for your HR Shared Services Center (HRSSC) to operate smoothly so that you can see valuable business results faster.
We’ve explored the significant benefits of an HR Shared Service Center -- but reorganizing into a Shared Services model takes real planning to be successful. If you don’t account for a few fundamental priorities, your HR Shared Service Center is sure to fail. Here are the 3 ways that your HRSSC can be avoidably unsuccessful.
There’s no one-size-fits-all approach to establishing an HR shared services center (HRSSC). Company size, geographic dispersion, average tenure and department structure all combine to make each shared service project its own unique story. Such is the case for The University of Texas System (UT System), a higher education and medical center just 10 months into their HRSSC, and Travelex, a global foreign currency provider who’s had their HRSSC up and running for three years.
When you choose to move to a shared services model for HR, you are likely taking stock of all the benefits you can achieve from your reorganization. An HR Shared Service Center (HRSSC) should have a direct positive impact on your service delivery, with many benefits to yield. Here, we’ll take a look at 3 benefits that you can expect from your HRSSC.
The move to Shared Services can increase productivity and efficiency, saving significant time and costs. But there are several critical things to do in order to make sure your HR Shared Service Center is a success. We’ve put together a checklist to help you organize your priorities and guarantee that your HRSSC runs smoothly and effectively.