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E-compensation

Dr. Dana Richmond

HRM 520

March 6, 2013

Strayer University

Assess the advantages and disadvantages of using a Web-based compensation tool versus a client-server based or stand-alone PC-based system and then give your opinion on which system would provide the most value to an organization’s stakeholders. Include three (3) facts to support your opinion? A few advantages of using the web compensation tool are, first web compensation tools can increase access to critical compensation information without the need for sophisticated or dedicated IT staffs and sophisticated technology infrastructures. Information can be accessed electronically or on an as needed basis. The second advantage is that e-compensation tools enable round the clock availability of meaningful compensation information to senior managers, Human Resources (HR) managers and employees, Whereas with a client based server applications are installed on a user's computer or workstation, and interact with data and programs on a server and this information is not readily available round the clock. The third e-compensation tools can streamline cumbersome tasks through the introduction of workflow functionality and real-time information processing, (Gueutel, 2005, p. 167). A disadvantage to the web-based compensation tool in comparison to a client based server is you have to constantly deal with security issues which include breach of information. The system that would essentially be more valuable to the stakeholder would be the web-based compensation tool, especially if you are dealing with employees who are working in different areas of the country than everyone who needs to have access to the system would have it. Three facts related to e-compensation are, first because of their increased ability to gather information electronically, e-compensation tools

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