Mending the Shattered Promises of HR Technology — how the many disconnected and disparate systems throughout HR have a negative impact and how to change it.
Throughout your organization, there are more internal systems in HR than anywhere else. You have an HRIS (or several across countries), equity systems, benefit administration systems, compensation planning system, global mobility system, and so on. The volume of systems is not an issue. However, these systems are disconnected and therefore suboptimal. This raises several challenges:
- Lack of visibility of the largest expense, total rewards by individual elements
- Lower Confidence in analysis on total spend provided because some data must be at an aggregated level with estimates or proxies
- Employee Engagement is reduced since it is expensive and labor intensive to show all the ways your organization rewards talent
- It is expensive to change, modify or transform these systems when your organization transform, i.e., technology is a barrier for HR transformation to address the changing business needs
We can take a lesson from other departments in the organization, such as Finance, Sales, Marketing. These areas have an Aggregated software that maintains the current investment in these various point solutions but integrates the data from these various disconnected systems. Now, you can report, analyze, develop actionable insight on all the areas of total rewards while also being able to communicate and engage with employees including allowing more personalization of total rewards which is a growing trend.
Steve Brink is President and Chief Revenue Officer for uFlexReward. His main responsibility is the growth of the client base which includes new clients, partnerships, and potential resellers. With his unique experience, Steve serves as one of the subject matter experts in HR specifically in the area of Total Reward. He joined in September 2021.
uFlexReward is The Digital Total Reward Platform that aggregates all elements of total reward across all employees and all countries into a single database so that complete analysis, insights and communications can be performed.
Prior to this role, he was Chief Executive Officer and President of AIRINC. Under his leadership, AIRINC showed global expansion and tremendous growth to become the #1 provider in Global Mobility data. Prior to joining AIRINC, Steve was the Global Leader and Worldwide Partner at Mercer responsible for its Information and Software businesses. As part of his global leadership role. He is a frequent speaker on international HR issues and trends. Prior to his fourteen years at Mercer, he served as an Operations Manager at Towers Perrin, with a focus on HR software tools and global job evaluation systems.
Steve is active in WorldatWork as he was the co-founder of the Business Acumen course and has been teaching the Quantitative Analysis course at the WorldatWork organization since 1990. Steve has a B.A. in Economics from the University of Texas at Austin and an M.S. in Economics from the University of North Texas.
