News | August 6, 2008

Astra HR Partners With SuccessFactors To Expand Automated Performance And Talent Management Solution

Rockville, MD - Astra HR, a leader in creating innovative outsourced human resource management solutions, recently announced that it has partnered with SuccessFactors to add an automated performance and talent management offering to its current suite of human resource solutions. SuccessFactor's technology will enable Astra HR to provide companies with the tools to put in place performance management, succession planning and career development plans that can align an entire workforce on corporate goals and objectives. As a result, managers will experience reduced time and costs, while having access to the tools they need to effectively manage the succession process and reward and retain their top talent.

"Talent management is an integral part of the HR process and Astra HR is committed to helping our clients drive performance and focus on growth within their business," commented Michael Irvine, COO of Astra HR. "By pairing our expert consulting with SuccessFactors "on-demand" technology, our clients can proactively manage both performance goals and compensation planning, while saving time and money during the process."

Astra HR Performance Management is a mission critical business tool for today's high-performing business. Employee costs account for nearly 70% of total operating costs for the average small to midsize business, yet few businesses actively manage and optimize the return on their human capital investments. Astra HR streamlines the talent management process by keeping management connected throughout the career development process. Employees are empowered to develop and manage their career paths while management is kept fully aware of each employee's goals. Through more active management of employee performance, small businesses can achieve a real, hard dollar return on investment. Studies by The Conference Board, Towers Perrin and the Society for Human Resources Managers have proven that increases in employee morale and engagement can have a dramatic impact on business performance. Their research has shown that improved employee performance management can help companies to reduce overall costs and grow revenue.

SOURCE: Astra HR