The HR Challenges in Financial Services Sector have been a challenging task for organizations. The employees working in the sector are highly skilled and talented individuals who require high-end facilities to work with best practices and technology. HR plays an important role in this sector by managing employee relations, and employee engagement along with organizing […]
There are 10 million MSMEs in India and they employ 140 mn people which is 40% of the country’s workforce. According to a CII survey, 20% of medium and 80% of small-sized businesses have no HR departments. To implement HR processes and systems you need to set up an HR Function. There are two most […]
Every business needs to have a strong and effective human resource operations (HR) department. HR operation is the process of implementing and managing all the activities related to Employee onboarding, Attendance and Leave management, employee management, compensation and benefits administration etc. in an organization. It helps organizations to manage their Human Resource management operations efficiently […]
Introduction The HR function is one of the most important parts of any organization. It helps to create vision and culture, build structure and ecosystem that enables scaling up as well as reskilling talent. It also allows decision-makers to make better decisions by providing information about talent, culture etc. HR helps to create and support […]
If you’re in human resources and have ever had to explain the difference between HRIS, HCM, and HRMS, you know it can be confusing. In this article, we’ll break down each of these acronyms and explain to you the difference between HRIS, HRMS and HCM. All these three terms are often used interchangeably but there […]
There are several challenges that a growing organization faces when it comes to managing human resources, the growing organization always has a cost constraint to spend on the HR department, and they may not have qualified HR professionals to manage their Human Resource Department. Some of the common Human Resource Management issues growing organization faces […]
HR Tech implementation is one of the most important components of your business. In fact, if you want to grow, it’s the only way to succeed. However, not all HR tech implementations are successful. HR Tech implementation is a long-term process. It takes time and effort to understand the business requirements and select the right […]
Attendance management software is a great way to automate your entire process of attendance. It helps you manage all of your employees and their schedules. You can also use it for punch in and punch out, shift management, mobile attendance, employee self-service portal and complete MIS reports. Biometric time and attendance system A biometric time […]
When it comes down to it, there are a few things more important than keeping up with your financials and making sure that employees are paid on time—and nothing can make this easier than outsourcing payroll services. Outsourcing payroll is a good option for small business owners who don’t have time to manage their own […]
Introduction HR is a crucial department in any business. If you are starting a new startup and want to create an HR department, this article will help you with the steps. Set HR policies You should set HR policies aligned with your company’s vision, mission and values. These policies will help you hire the right […]