Wendy’s/Arby’s Group, Inc automates compensation planning, a case study illustrating how to achieve a solid ROI
Jacksonville, FL (PRWEB) February 12, 2009
HCR Software, a leading provider of compensation management software, today announced a free HR Best Practices Webinar.
Titled "Wendy’s/Arby’s Group, Inc automates compensation planning, a case study illustrating how to achieve a solid ROI" the complimentary event will take place on Wednesday, February 18; the keynote speaker is Tracy Wenzlik, IT Project Manager, Wendy’s/Arby’s Group, Inc.
To register for this webinar, click: https://www1.gotomeeting.com/register/472148986
Wendy’s/Arby’s Group, Inc. is the nation’s third largest quick service restaurant company and is comprised of the Wendy’s® and Arby’s® brands, two companies distinguished by traditions of quality food and service. The company, with approximately $12 billion in system-wide sales, owns or franchises over 10,000 restaurants.
The challenge presented by Wendy’s/Arby’s Group, Inc was a strategic plan key business driver to “Embrace Performance Driven Culture”. Wendy’s/Arby’s Group, Inc conducted a thorough review of its options, including buy vs. internal build and also a review of the third party products in the marketplace. Ultimately Wendy’s/Arby’s Group, Inc decided to go with HCR Software’s CompensationXL product.
Wendy’s/Arby’s Group, Inc recognizes the reality that in the intense competition for talent, the ability to recognize and reward top performers is crucial. Toward that end, Wendy’s/Arby’s Group, Inc strengthened their ability to enable and administrate their pay-for-performance culture by implementing best of breed technology from HCR Software.
“CompensationXL allowed us to configure a focused, cost effective solution that achieved our unique and specific requirements”.
Wendy’s/Arby’s Group, Inc goals were to automate their unique pay-for-performance initiative within their cost and implementation timeline constraints.
As part of the implementation, HCR configured CompensationXL to exchange data with Wendy’s/Arby’s Group, Inc PeopleSoft system which eliminated duplicate data entry and enabled display of information that would be critical to making discerning business decisions regarding employee compensation.
Outcome and ROI:
Wendy’s/Arby’s Group, Inc found that the software more than paid for itself in the first year of usage.
- ROI = 172% of cost of CompensationXL recouped in 1st year of usage.
- Use of the CXL enabled Wendy’s/Arby’s Group, Inc to complete their merit process at 10% under budget guidelines
- Other Non-Quantified Savings:
- Paper Elimination
- Time Savings from Process Improvements & Automation
- Stronger linkage of Pay to Company Performance
About HCR Software Headquartered in Jacksonville, Fl. HCR Software's products CompensationXL, PerformanceXL, and StaffXL help organizations automate their human capital processes and align employee performance with overall business objectives. The Company prides itself on its solid customer references, flexibility in meeting customer requirements and its unique approach to technology that maximizes ROI while minimizing change management challenges. More information can be accessed at http://www.hcrsoftware.com/
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.