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 (ìEmerging Trends in Global Mobility: Policy and Practices,î 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 HRToolboxís 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.
ìGlobal 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,î says Thomas Shelton, President of HRToolbox. ìThe 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.î
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, HRToolboxís product line also includes newly-configured tools for compensation and payroll, demographics, tax management, checklists, workflow, budgeting and expense management.
Distributed by HRmarketer.com
Enhanced HRToolbox Helps Companies Administer Rising Number of Short-Term Global Assignments
Product Streamlines Complexity of Global Workforce Management
