Enhanced HRToolbox Helps Companies Administer Rising Number of Short-Term Global Assignments. Product Streamlines Complexity of Global Workforce Management
In response to the growing trend of short-term global assignments, HRToolbox, Inc., has unveiled a newly-enhanced version of its namesake solution that streamlines the entry of common information tracked for short-term assignments.
Atlanta, GA (PRWEB) April 8, 2005 -- In response to the growing trend of
short-term global assignments, HRToolbox, Inc., has unveiled a newly-enhanced
version of its namesake solution that streamlines the entry of common
information tracked for short-term assignments.
The leading provider of
web-based global workforce and international assignment management solutions,
HRToolbox has augmented its product line to address the emerging trend of
short-term global mobility. Recent research conducted by Cendant Mobility
(“Emerging Trends in Global Mobility: Policy and Practices,” Cendant Mobility,
April 2004) has shown that the instances of short-term assignments are expected
to grow at 63%, significantly higher than the corresponding growth in
traditional long-term assignments.
The enhancement to the HRToolbox
solution leverages the commonalities inherent in all short-term assignments. The
new feature serves as a starting point for HRToolbox clients to customize their
policies for tracking and reporting, and greatly increases the efficiency of
managing assignees. Additional elements include expense management
functionality, compensation templates to ease the building of short-term
assignment worksheets, and calendaring / workflow enhancements to ensure
compliance with policies and regulations.
The launch of the new feature
illustrates HRToolbox’s commitment to reduce the complexity of managing
international assignees and free up global HR resources to focus on more
strategic issues. HRToolbox combines a flexible platform and an intimate
knowledge of the role of global HR to deliver solutions that meet current
demands, while continually evolving to keep in step with international
employment trends.
“Global organizations face a daunting task in managing
their global workforce due to the volatile nature of the external environment,
evolving internal policies and resource challenges,” says Thomas Shelton,
President of HRToolbox. “The HRToolbox solution is designed to relieve the
administrative burden of managing global employees. Our new Short-Term
Assignment feature further underscores our commitment to providing simple,
relevant, and flexible solutions to our clients without requiring them to
implement and pay for features across multiple systems.”
The HRToolbox
solution provides the ability to track and manage information on a global
workforce using a single integrated system. In addition to the new Short-Term
Assignment feature, HRToolbox’s product line also includes newly-configured
tools for compensation and payroll, demographics, tax management, checklists,
workflow, budgeting and expense management.
About HRToolbox,
Inc.
HRToolbox, Inc. is the premier provider of web-based solutions that help
HR professionals manage the diverse needs of a global workforce from departure
to repatriation. Headquartered in Atlanta, GA, and founded in 1998, the company
leverages its technology, customer service and alliances to help clients meet
the many challenges faced by firms with a global presence. For more information
about HRToolbox, Inc. and its solution suite, visit www.hrtoolbox.com or call
(877) HRTOOLBOX.
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Source : http://www.prweb.com/releases/2005/4/prweb226703.htm