The John Jones information is in the Tutorial at the bottom of WEEK 7: LESSON
JUSTIFYING AN HRIS INVESTMENT
This case focuses on a company that is in need of a more robust Human Resources Information System (HRIS) to keep track of and automate records. The company owner enlists the help of Sylvia to create a case to justify the need for the new HRIS. The case showcases the importance of the need to justify the cost of HRIS investments. Accurately identifying and estimating the value of the benefits and costs of new HRIS functionality will play a critical role in HRIS investment decisions in the foreseeable future.
Investment Associates, Inc. started as a small firm in 2001 with four employees plus its owner, Jim Tower. The company specialized in providing financial investment and tax advice to its clients. Jim had brought a substantial number of clients from his private practice, which had become too large for him to handle by himself. His four employees included three colleagues who had some experience in financial investment advice and a secretary/administrative assistant. Jim and his three colleagues were all certified public accountants (CPAs), and a considerable portion of the company’s business was in tax consultation and the completion of individual and corporate tax returns.
Investment Associates was quite successful and, by 2007, had added 42 new employees—financial and tax advisers and additional administrative staff, including an office manager, Marian Sweet. In addition to the office manager’s supervisory tasks, Marian had to complete federal and state reports on the employees as required by law.3 However, Marian was not trained in HRM, and she suggested to Jim that the company needed to hire someone with a background in HRM before they “got into trouble” with the government. Marian was particularly concerned about gender and racial discrimination but did not understand how to apply the provisions of the appropriate laws and guidelines.
In November 2007, Investment Associates hired Sylvia Wong, who had an undergraduate degree in psychology and four years’ experience in HR. In addition, in December 2007, Jim was negotiating to purchase the financial consulting business of an old friend who was retiring. This purchase would mean the addition of 17 new employees in February or March 2008. Sylvia met with Jim in mid-January 2008 to discuss the growing burden of employee reports and payroll processing, all of which were currently being done using a paper-based HR system. She advised Jim that the company needed an HRIS to process employee records and complete the required government reports. As an example, she stated that, because she had to search through paper copies of all employee files, it took her a full week to complete the Equal Employment Opportunity Report (EEO-1)4 required by the federal government. Furthermore, based on this report, it appeared that the company could have problems in terms of compliance with several federal laws. She suggested that the company purchase an HRIS to assist with company record keeping and the production of required reports.
Since the company had been using computer-based applications for financial analysis and tax reporting, Jim thought that Sylvia’s suggestion to computerize employee records was a good one. However, given his financial background, he wanted Sylvia to develop a business case, including a cost-benefit analysis, for the purchase of an HRIS. Your task is to help Sylvia justify the purchase of an HRIS.
Case Study Questions:
What approaches to justifying this investment might Sylvia consider?
What are some of the costs and benefits involved in this investment in an HRIS? Which would you be sure to include in your CBA of this project and why?
Explain how to estimate costs and benefits, both direct and indirect, in terms that Jim will understand. (Remember, Jim always has his eye on the “bottom line.”)
Explain how to calculate a CBA to justify the HRIS project. Would you use cost reduction or organizational enhancement (or both) as a strategy for justifying the purchase?
What are the three common problems that could occur in your CBA for an HRIS? How would you avoid them?
What are some of the ways you can use the HR metrics that would be available after the implementation of an HRIS to justify its purchase?
Finally, and most important, explain how variance estimates that can be generated for a CBA would be useful to Jim in the management of his company.
Why Choose Us
At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.
Professional Academic Writers
With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.
Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.
My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.
Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.
Customer Support 24/7
Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: firstname.lastname@example.org.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Homework Writing Services
My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.
At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.
Admission and Business Papers
With Myhomeworkwriters.com, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.
Editing and Proofreading
Myhomeworkwriters.com has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.
My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.