Finance Articles

Employee Performance and Talent Management Technology a Sound Investment in Uncertain Economic Times

Ottawa, ON (PRWEB) May 1, 2008 -- A new study by Creelman Research asserts that companies who use employee performance and talent management technology can achieve numerous benefits that are especially important during an economic downturn. These include better decision making about their workforce, an improved ability to manage and align organizational and employee goals, and tighter management control. Authored by human capital analyst David Creelman, the report identifies examples of this type of skillful management among customers of Halogen Software, a leading provider of web-based employee performance and talent management software (http://halogensoftware.com/products/).

When a down cycle hits, C-level executives need to recast their thinking from growth to conserving strength. As the economy changes direction, executives want to groom their top performers and drive changed goals throughout their organizations quickly. Traditional, paper-based employee performance and talent management has not been an effective steering tool because it is too slow, but technology has changed this. With technology, executive teams can take a company-wide view of talent, run short performance management cycles or even implement ?as needed? changes, driving new goals through the system quickly.

?Infrastructure that helps organizations get the most out of their existing talent is a good investment even in a downturn because of the short payback time,? said David Creelman. ?The time it takes to get a solution in place is just one to three months. Real world experience shows over and over how a system can begin providing a return after just two quarters, based on better agility and control.?

Engineering and architecture firm WHPacific uses Halogen technology as a key development process. ?It is a tough time in our industry. We have to be careful to provide honest and accurate feedback to the individuals who work for us so we can assess their value to the company,? said Juliana Cobb, corporate counsel at WHPacific. ?We don?t use the Halogen system to hammer people down. We use it mostly as a tool to help them climb up the ladder and find how they can become more valuable. It is one of our most important investments.?

?In uncertain times, employee and talent management programs should not be switched off, but how you use your systems may change,? added Creelman. ?Your system ought to focus less on reward and more on control. Solutions like those from Halogen can help with decision making about talent, provide a mechanism to quickly drive changes through the company and tighten the reins to more closely manage the company.?

For more information on managing employee performance and talent in a down cycle download the Creelman Research white paper (http://www.halogensoftware.com/resources/white-papers/whitepapers_download.php?WhichWhitepaper=13).

About Halogen Software

A recognized industry leader with over 1000 customers worldwide, Halogen Software makes powerful, simple-to-use and affordable employee performance and talent management applications. The company offers a complete suite of web-based products that automate, simplify and integrate employee performance management (http://halogensoftware.com/products/halogen-eappraisal/), 360/multi-rater feedback (http://halogensoftware.com/products/halogen-e360/), compensation management (http://halogensoftware.com/products/halogen-ecompensation/), succession planning (http://halogensoftware.com/products/halogen-esuccession/)and learning management (http://halogensoftware.com/products/halogen-elms/). Halogen?s offering makes HR best-practices accessible to companies of all sizes and its healthcare, financial services and professional services specific suites meet the unique needs of these industries. Halogen is consistently recognized

by the industry and its customers for its exceptional implementation and support services, and has won multiple awards for its corporate leadership and product innovation, including HR Technology Product of the Year. For more information, visit www.halogensoftware.com.

Media contact:

Maggie Patterson

PR Consultant, Halogen Software

T: 613-989-1866

E: mpatterson @ ripnet.com

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Aussie Self-Certification Mortgage Lender to be Sold
One of Australia?s largest non-bank lenders has been offered up for sale by its owner GE Money ? the giant American corporation with an international financial services arm The mortgage lender has apparently been put on the market to stave off a takeover bid by its previous owner however it is likely that the sale has been triggered in part by the credit crunch

Mortgage Rates
Trying to get an ?apples to apples? mortgage rate comparison can often be quite a hassle. Traditionally, there are the face to face meetings with brokers and lenders, the endless combinations of points and fees to sort out, and the element of salesmanship that always comes into play when speaking with a commission based broker. All of those things are generally to be expected but that does not mean that you should rush blindly into any type of buying situation without doing your homework!

Business Finance  Grants
When it comes to obtaining a Business grant there are many places that you can turn to such as Regional Development Agencies, local authorities and the European Union however the most common way is through the Government. Whoever you apply to for a business grant your application will always be considered by the European Commission; they will inspect your application closely before coming to a decision as to whether you are eligible for a business grant.

Walnut Creek Real Estate Lenders Show How a Little Known Secret Helped a Retired, Disabled Grandmother of 37 Never Make Another Mortgage Payment
Today is the day for which Betty Morris has been praying. Today is the day her reverse mortgage funds and for Betty, she may as well have just won the lottery. Betty is a Grandmother of 37 grandchildren and she has had a hand in raising them all. But times have been tough on her for a while now, but a little more than a year ago, she met Luke Currier and Ed Jeffry of Peregrine Lending in Walnut Creek California, who have guided her through those times and now she never has to make another payment on her home.

Certified Mortgage Planning Specialist, David Kuiper, Now with LoanToolbox Faculty
LoanToolbox, the mortgage industry's leading provider of innovative marketing and training solutions, announced today that it has named David Kuiper, Vice President of Mortgage Lending at First Place Bank, to its growing speaking faculty of the nation's leading loan professionals.

Internet Banking- matters to fact
Internet banking is the new buzz word around the corner. Forget traditional banking and the way you used up to queue to get the transactions done. Internet banking is here to change that all. Now banking is no more taking out time from your schedule and to start with finding a place in the car park and then waiting for your turn to get to the counter. Internet banking gives you the freedom to do banking at your finger clicks.

Why The Vast Majority Of Investment Professionals Are Not Trustworthy
A big story that made the rounds in the financial media last month was Jim Cramer?s (of the Street.com) statement that some hedge fund managers spread false rumors about a company to large trading desks and the media to drive a stock price lower. He said this practice is illegal, but easy to do "because the SEC [Securities Exchange Commission, the U.S. regulatory body] doesn't understand it." Furthermore, the extremely wealthy former hedge fund manager boasted, ?What?s important when you are in hedge fund mode,? says Cramer, ?is to not do anything remotely truthful, because the truth is so against your view.?

Mortgage Pre Approval - Getting Pre Approved For a Home Loan Online
A pre-approved mortgage is a must in a competitive housing market. It also gives you an idea of what you can afford to buy as you look at houses.

Stock Trading Investment Strategies
There are as many stock trading investment strategies as there are stock traders. Each stock trader finds trading concepts that they believe are important to trading stocks, and traders combine these concepts into trading systems. Each stock trader sets their own personal strategies and finds what works for them.

Home Mortgage Expert Explains Why Using an Online Mortgage Lender Can Help Borrowers Save in New Consumer Column
Peter G. Miller says finding a home mortgage through an online mortgage lender is the key to saving money. In his latest consumer column on Mortgage-Lenders-Plus.com, he lists the top-10 benefits of finding a loan on the Internet.

Did You Try the New Way of Banking?
Years ago the only way to pay for something was with a check or a credit card The idea of debit cards didn't even exist and people were accustomed to paying for things with checks

The Ultimate Income Club Launches a New Investment Club
The folks behind the Ultimate Income Club (http://www.ultimateincomeclub.com) have announced the launch of their new investment club. Prospective investors are urged to join soon, as the monthly membership fee will soon rise.

Ace Debt Relief Offers Homeowners Strategy to Quickly Pay Off Mortgage
Debt resolution company Ace Debt Relief announces it is now offering a mortgage savings program that enables homeowners to pay off their mortgages in less than half the time it normally takes.

How A Mortgage Can Consolidate Your Debts
Many homeowners consider the possibility of using a mortgage to consolidate existing debt.