9 Biggest Payroll Challenges In 2023
Whether small or large, every business handles payroll in its own way, which governs how it handles all payments owed to employees and contract employees (freelancers). An organization must ensure that every pay, tax bill, invoice, and data input aligns with the compliance laws. Many complex procedures are involved since the tax laws, and compliance rules keep […]
Full & Final Settlement Process- A Detailed Overview
What is a full and final settlement? The full and final settlement process is one where all dues payable to and receivable from an employee are calculated, whether they’re – resigning, retiring, or being dismissed by management. Settlements are not limited to just drawing salaries but also the necessary deductions. For the most part, an […]
Best HR Startups in India to Watch in 2022
It has never been easy to manage human resources. Hiring the right people and providing practical employee experience is still a significant problem for human resource managers. However, with the right HR technology, they can transform their HR functions and overcome these challenges. HR technology has progressed dramatically over the years. A steady supply of […]
What Are The Different Modules Of HRMS?
Human Resource Management System or HRMS is a broad-gauge term that refers to the software and associated hardware used for automation of HR functions in a business firm. It is undoubtedly one of the most popular software adopted by businesses in modern times. This software is turning out to be a great support for the […]
5 Ways to Make your HR Department Paperless
Did you know that the paper industry is the 5th largest consumer of energy in the world? And that the average office in the UK uses 10,000 sheets per employee, per year? Think of the sheer environmental cost. A typical office worker made 61 trips per week to the printer. An average of 4 weeks is lost each year […]
Benefits of HRMS software for Employers and Employees
If you want to gain a competitive advantage over your competitors, you need to make sure that all your departments function to the best of their abilities. The HR department of an organization is indeed one of the key departments in any organization. Today, organizations are investing hugely in the latest HR technology and software […]
HR Helpdesk – All that you need to know
The HR help desk is a central source of information where the employees of the organization can consult about the various Human Resource questions they have in their minds. HR Helpdesk software is being used by the HR Service Advisers, and their managers to track, manage employee inquiries, issues, and the questions that the HR […]
A brief introduction to HR, HRM, and, HRP
A company is run by many subdivisions within it. The work is equally distributed to all departments of an organization based on the capabilities and specializations. Relying on the same set of staff for everything is perhaps the worst decision one could make for their business. The different departments like finance and accounting, business development, […]
5 Essential HR Tools to Supplement an Existing HRMS
How nice would it be when your organization could accomplish all their important tasks related to HR with a single tool? All we can do is just expect that it can happen but, in reality, the HR needs multiple other applications to complete their day to day tasks. In addition to the traditional HR tools […]
The Future of HRMS in Indian Business
Any employer or manager would want to invest in software that would maintain a balance between its employee-centric and company-centric nature, automates most of his manual operations, and would help him in time-management. The upgraded ecosystem of this software-driven market has turned many organizations into an innovative, cost-effective, and efficient business firm. Out of those […]