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In This Issue
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| Genesys Symposium 2007 |
A Message from the Chief Operating Officer, Ruth Ladner
I am pleased to announce that Genesys will be hosting Symposium 2007 on September 17&18 at the Royal Sonesta Hotel in Cambridge, Massachusetts.
As you may know, last year's event was a great success and we look forward to once again providing our clients with balanced programs and training on critical topics as well as a forum in which to learn from one another's valuable experiences.
Additional details will follow, including the agenda and registration information. However, if you have any questions in the meantime, please contact Cindy Francoeur at 978-242-8003 or at cfrancoeur@genesysHCM.com.
We look forward to seeing you all again this year and encourage those of you who were not able to participate previously, to strongly consider attending our 2007 event.
Ruth Ladner
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| Genesys Honored with "Partners Award" by the International Association for Human Resources Information Management |
Genesys has been named a recipient of the "Partners Award" as part of the International Association for Human Resources Information Management's (IHRIM) 2007 Awards, which honors key partners who have made significant contributions to the practice of human resources information management and/or to supporting the mission and goals of the Association. The award was formally presented at the IHRIM 2007 Conference in Houston.
Lynne Mealy, President and CEO of IHRIM stated, "Genesys has contributed to our Association's professional development efforts for many years. Not only have Genesys executives been presenters at IHRIM's annual HRMStrategies Conference and at local chapter programs, but the company has been a continuous exhibitor at our conferences for over 18 years," she added "Genesys is truly deserving of the 2007 Partners Award and we are pleased to honor them for their long term support of IHRIM and its goals."
IHRIM has long recognized the need to honor members and professionals who have made distinguished contributions to IHRIM and to the practice of human resources information management. IHRIM appreciates that Genesys has further demonstrated their belief that IHRIM is an important resource for their customers by inviting IHRIM to exhibit at their annual user conferences.
Larry Munini, president of Genesys accepted the award at the general session stating "Genesys is honored to accept this prestigious award. We value our partnership with IHRIM and are committed to continuing our tradition of jointly providing knowledge, education and solutions to support the HCM community and shape the role of HR as a strategic driver of successful organizations."
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| Genesys Human Capital Management Trends Survey Reveals What Will Shape Strategies for 2007 |
Genesys recently released the results of its Human Capital Management (HCM) trends survey.
As in previous years, of the many solutions in the human capital arena, respondents of the Genesys sponsored survey identified outsourcing the following functions as among the most predominant:
- Payroll processing - 30%
- Employee assistance programs - 28%
- Background screening - 27%
- Payroll tax filing - 21%
In addition, and consistent with the findings of The Outsourcing Institute's Annual Survey of Outsourcing End Users, were the results of the Genesys study which demonstrated the following benefits of outsourcing were most appealing to respondents:
- Free-up internal staff - 18%
- Streamline operations - 17%
- Access to world-class capabilities and industry expertise - 14%
- Accurate and predictable monthly costs - 14%
These results are similar to the results of EquaTerra's recent HR Outsourcing (HRO) Buyer Pulse Survey which had the following as top-ranking benefits sought by HRO buyers: cost reduction, (ranked highest), followed closely by access to external skills and knowledge, process improvements, and ability to internally focus on more strategic activities.
When asked to describe the reasons for choosing an outsourcing vendor, Genesys 2007 survey respondents once again ranked price highest. As in previous years, other important factors in vendor selection were breadth and depth of product line, financial stability and references/reputation.
When asked about budget expectations over the next 12 months for HR technology and outsourced solutions, 43% of respondents indicated a status quo, while 31% expected an increase in budget. However, in 2005, 50% of respondents expected an increase in budget; and in 2006, 38% indicated that budget expectations for HR technology and outsourced solutions would increase, by as much as 9% in some cases.
With respect to self-service initiatives, when asked about adopting employee/manager self-service, 36% of respondents indicated they have implemented employee/manager self-service, while 39% said it was still not a priority. Respondents saw the greatest benefits of self-service as: employee ownership of general data, online open enrollment, and the reduction of calls placed to HR, respectively. These findings remain consistent with the results of Genesys' 2005 and 2006 surveys.
Coming Soon! Be sure to reserve your copy of the 2007 Trends Survey today! Complete our online Information Request Form today.
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| Community Outreach Programs |
Genesys strives to give back to the community in a variety of ways. One of those ways was through a corporate sponsorship of several local Londonderry high school students who were selected to participate in the New Hampshire DECA (Delta Epsilon Chi) Career Development Conference. Over four hundred marketing students from across the State of New Hampshire competed in several events. These events included competency measures in which students had to take a 100 question exam and conduct role-play scenarios with area business professionals.
Several Londonderry students took home top honors. Jon Norton placed 1st in the Marketing Math Exam, which 200 other students took. He also came in second for Accounting Applications. This qualified him to represent New Hampshire DECA at the National DECA Career Development Conference in Orlando, Florida in April 2007. Ryan Briles came in third in his event and also won medals for taking 1st and 2nd place in roles plays. Kevin Kennedy received medals for 1st place for his written exam and 2nd place for his role play. All three will be attending the National Conference.
Special congratulations to Ryan Briles, the son of Robbie Briles, director of quality assurance at Genesys.
Genesys is pleased to partake in such a wonderful event which will help shape the lives of our future business leaders.
[left to right: Genesys president, Larry Munini, DECA students Jon Norton, Ryan Briles, and Kevin Kennedy, and Genesys COO, Ruth Ladner]
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| Genesys Speaker's Corner |
Genesys Speaker's Bureau
Do you have an interest in Human Capital Management Issues and Trends?
If yes, we encourage you to join the Genesys Speaker's Bureau. The goal of our speaker's bureau is to promote ongoing education and best practices around Human Capital Management - including outsourcing services and software for human resources (HR) management, payroll, benefit administration and payments, self-service, learning and performance management and more. We are looking for Genesys customers and partners who are well versed in these topics and who enjoy and are experienced in public speaking.x
As a member of the Genesys Speaker's Bureau you could be invited to speak at national conferences, local venues or be a part of our HCM Webinar Series. All presentations would be educational in nature and present an objective, unbiased discussion of the topic at hand. Your time commitment would be limited and you would only be contacted when a specific need arises matching your experience and skill set. For more information or to become a part of the Genesys Speaker's Bureau team please email us at solutions@genesyshcm.com.
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| Genesys HCM Webinar Series |
We invite you to join Genesys for its HCM Webinar Series, which offers educational web-based seminars on a variety of topics throughout the year. Listed below are some of our upcoming seminars. Registration is free at our Webinar Page.
Title: |
Workforce Management: Knowing What Talent Resides Within Your Organization
Reduce turnover, increase employee satisfaction and reduce costs associated with filling positions |
Who: |
Mark Hamdan, HRsmart |
When: |
June 7, 2007 at 2:00 p.m., Eastern Time
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Details: |
How much time does your organization spend on sourcing and hiring outside candidates for open positions? If you are like many organizations, the answer is a pretty high percentage.
Often times, in fact, so much time and effort is spent focusing on bringing new people in the door, the best candidates are overlooked-your internal employees. Sometimes this occurs because recruiting efforts are disjointed from internal organizational development efforts or it could be there is not a process in place to pro-actively seek and solicit internal candidates. The outcome, in some cases, is a missed opportunity to promote an internal candidate who would have made an excellent fit for the position, which then possibly results in compromised morale and dissatisfied employees.
In this 60-minute presentation, Mark Hamdan, president of HRsmart will discuss how to use available technology to:
- Integrate recruiting efforts with internal organizational development so the two can work in tandem
- Track employee knowledge, skills and competencies throughout the organization
- Gather existing job data including skills and competency requirement into a single, easily-accessible location
- Search, proactively, your employee database to find internal candidates that fit a new position-across all company departments or divisions
The end result is lower recruiting costs and turnover rates, and employees that require less training leading to quicker productivity, with a demonstrated ROI that justifies the entire process.
About our Presenter:
Mark
Hamdan is founder and president of HRsmart, Inc., a Richardson,
TX-based ASP serving the Talent Management industry. Hamdan
founded HRsmart in 1994 with less than $500k and has grown
the organization to its current role as a major player in
the $35 billion talent management industry, while remaining
debt-free. The company has ranked on the Inc 500 list for
three consecutive years and was named the 8th fastest growing
technology company in Texas in 2005 by Deloitte. Today HRsmart
has 10 major technology solutions used by Fortune 500 and
1000 companies and has strategic alliances with other major
talent management vendors.
Who should
attend: HR, Finance and Payroll professionals, as well as business service providers.
Cost: There is no charge for this presentation.
Timeframe: Begins at 2:00 p.m., Eastern Time.
Runs approximately 60 minutes, including Q&A.
Click
here to register.
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Title: |
Cost Savings with Paperless Processing |
Who: |
A Genesys Presentation |
When: |
June 21, 2007 at 2:00 p.m., Eastern Time
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Details: |
Organizations are seeking ways to run leaner and meaner in order to show a healthy bottom line to stockholders and board members. One way to reduce costs is to embrace paperless processing of selected Payroll and HR-related functions with a web-based HRMS solution. Such a solution can dramatically reduce paper consumption, while at the same time increasing the speed and efficiency of day-to-day processing.
Attend this live demonstration from Genesys and see how PeopleComeFirst HRMS® can help you reduce your costs by utilizing paperless processing in the following critical areas:
Workflow:
- Generate Offer or Rejection letters based on skills, licenses, degrees, etc., and deliver via email.
- Route new hire approvals to management via email.
- Generate review reminders via email.
Payroll Processing and Reporting:
- Eliminate printing and distribution of paper checks and advices with direct deposit.
- View Payment History online (up to the most recent 80 payments).
- View W-2s, 1099-Rs, T4s, etc.
- Eliminate hardcopy reports with online PDFs.
- Route PDF reports to all parties via email, for immediate same day/same time distribution.
- Store PDF reports online for instant retrieval.
- Export to desired end reporting tool of choice; e.g. Crystal, Excel, Cognos, etc.
Employee Self-Service Provides Employees with Online Access to:
- Update personal and emergency contact information.
- View dependents.
- View their 80 most recent paychecks.
- Revise life event information such as a new child or a change in marital status.
- View current Summary Plan Descriptions (SPDs).
- Complete open enrollment forms.
- View paid time off balances.
- Access company-related content such as directions to the office, benefits overview, holiday schedule, details about the company, and corporate telephone directory.
- Read employee handbooks, policies and procedures.
- View W-2s and other tax forms.
Manager Self-Service Enables viewing of all Direct Reports:
- Compensation
- Job Information
- Reviews
- Reports
Who should
attend: HR, Finance and Payroll professionals, as well
as business service providers.
Cost: There is no charge for this presentation.
Timeframe: Begins at 2:00 p.m., Eastern Time.
Runs approximately 60 minutes, including Q&A.
Click
here to register.
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Registration for Genesys webinars is free at our Webinar Page.
Our Sincere Thanks...
...To the individuals who recently participated in Symposium 2006 as well as our Human Capital Management Webinar Series, including:
- Marc Miller, President, Marc S. Miller Associates, for his webinar presentation, "Heroic HR"
- Christopher T. Vrountas, Esq., NKMS, for his webinar presentation,
"Diversity v. Discrimination"
- Kevin Choksi, founder, president and CEO, Workforce Software, for his webinar presentation, "Trends and Myths of Workforce Management"
Following the June webinar sessions, the Genesys HCM Webinar Series will take a summer hiatus, returning in September with a spectacular fall line-up of legal, industry and informational sessions! Please remember to visit our Webinar Page periodically as webinar Topics, Dates and Times will be posted once the fall line-up is secured.
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| Calendar of Events |
Genesys has scheduled speaking engagements and/or exhibits at a variety of industry conferences throughout the year in addition to frequent web seminars. Select the event below for more information or to schedule a meeting with us, complete the online Meeting
Request Form or email solutions@genesysHCM.com.
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Genesys Solutions
Payroll and Tax Filing • Human Resources • Benefits
Administration • Self-Service
Learning
Management • Performance Management • Recruitment • Time
and Attendance
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