New HR benchmarking site launched

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New HR benchmarking site launched

Andersen, a professional services firm, has unveiled its new online service dedicated to human resources benchmarking.

HR benchmarking helps companies to find out how they compare with other organisations in the marketplace, to ensure that their people policies are as effective and cost efficient as those of their competitors.

Entitled HR Index, this web site service is a result of Andersen's newly formed association with EP-First, the strategic HR consultancy group.

About HR Index

  • brings online benchmarking capability to organisations addressing a variety of requirements from the basic to the detailed

  • allows users to access HR benchmarking statistics online
  • enables you to undertakeHR benchmarking comparisons ofyour own organisation — you can choose to measure specific HR processes, the entire HR function, or organisation-wide strategic people measures.

Brett Walsh, head of Andersen's UK human capital practice which has led the project, comments: HR professionals need to be able to demonstrate the value of their function in terms of bottom line impact to the business. The HR Index service will provide them with the information to do this.

Annual benchmarking report

Online statistics are available in an annual benchmarking report conducted by EP-First which draws on over 5,500 data sets from organisations across Europe. These statistics are broken down by organisation size and sector.

A final word from an Andersen client

The availability of comprehensive and up-to-date benchmarking data plays an important part in supporting our businesses. As part of our HR measurement strategy, benchmarking helps us demonstrate the link between the effectiveness of the group's human capital and the creation of superior stakeholder returns. HR Index will mean we can get instant access to reliable data from a wide range of sources and we look forward to piloting this index. — Greig Aitken, HR strategy development manager, Royal Bank of Scotland Group.

Want to know more?

Visit HR Index — see what you think . . . www.hrindex.andersen.com

The human capital practice of Andersen is the largest integrated HR services consultancy in the UK , providing a full range of HR services including HR strategy, eHR, executive reward, share schemes, expatriate management, employee tax, employee compensation and HR outsourcing.

For more information contact Brett Walsh, partner, Andersen, tel: 020 7438 5770 or email: brett.walsh@uk.andersen.com

EP-First is the leading provider of HR benchmarking services in Europe by staying at the forefront of the development of human asset benchmarking measures. Its benchmarking system offers the most comprehensive database of people performance and human asset metrics in existence .

For more information contact Richard Phelps, managing partner, EP-First, tel: 01491 411949 or email: richard.phelps@ep-first.com

Posted 1 November 2001