Web Resources
Click on the following links. Please note these will open in a new window.
Video
With any investment within an organization, a cost–benefit analysis should be conducted prior to allocating any financial benefit or time into the process. Watch the following video to learn the basic steps in conducting a cost–benefit analysis (3:11).
https://www.youtube.com/watch?v=Qt8HNNWIV-c
Employers are constantly seeking ways to lower the expense of running their operation. Watch the following video to learn how human resource management departments can help lower operational costs through a number of means, such as HRIS programs (4:07).
https://www.youtube.com/watch?v=hI0AJ5zY-ts
Web Article
Read the following article on the cost benefit of human resource management. A number of HRM factors are covered in this article, including the cost benefit of incorporating a human resource information system into an organization.
http://aspire2arise.com/hr-metrics-and-cost-justification-in-hris/
The following article provides a thorough breakdown of factors to consider when looking at implementing a human resource information system into an organization and the cost incurred in doing so.