Starting in the late Twentieth Century, many companies started using computerized systems. Most of these companies started using these systems to save time and reduce costs. Even though these computerized systems are rather expensive, in the long run they saved companies money. The companies saved money by making or purchasing a computerized system by reducing paper usage and employee overtime. Since employees did not have to spend there time doing paper work, they could do their jobs faster and more efficiently. This gave the employees more time to do other projects around the office.
One computerized system that saved employee’s time is automatic payroll. Instead of wasting time filling out paper time sheets, the employee could simply “clock” in at the beginning and end of each shift. Some companies like this idea because it can possibly reduce the number of employees needed in the payroll section of their company. Many aspects of the computerized system might take away some duties from the human employee.
This can save the company a lot of money, but is very bad for employee morale. Management also benefits from the computerized system. Management is able make decisions much faster because the information they needed to make these decisions with is right there and could easily be accessed. There is no searching for documents or other files. The company can easily give access to certain parts of the computerized system to one group in the company and not the other. This way, information is kept private or public, depending of the company needs.
The Essay on 401 K Plans Company Stock Employees
401 (k) Plans There are many economic issues facing the nation today. While some are extremely important in determining how the economy is balanced, others are not. Although this is true, that does not necessarily make these lesser important issues obsolete. Take, for example, the recent issue of corporate leaders matching contributors to the 401 (k) plan with company stock, instead of with cash. ...
It is not always the case that the company’s employees and employers notice most of the benefits that a computerized system has. Some companies have many satisfied customers due to the fact that computerized systems were introduced into that company. Although many computerized systems were brought into companies in the late Twentieth century, some companies still do not take advantage of this. We see an even larger amount of companies having computerized systems now, in the Twenty-First Century. Soon most, if not all, companies will have computerized systems.
