All business owners agree to the act that ensuring correct and on-time paychecks is one of the top challenges. In the initial days of a business, payroll management is rather simple because of few employees. But as your business grows and more employees add to your team, it becomes hard to record, track, report...
Payroll challenges are common in the manufacturing Industry. With most manufacturing Companies shifting towards automation, payroll is a very functional branch which often handles and administers the payroll details of the employers. In some industries, payroll is handled by the human resource department (HR) whilst in others, it is a separate department altogether. The...
In today’s business world, Payroll plays an important role in any organization. Payroll consists of the management of all the financial data pertaining to salaries and employee pay. Payroll comprises the processing and collection of employee paychecks, the timely posting of salary charts online, calculating taxes for every employee, tracking new hires, updating employee...
Employee engagement is among the most crucial aspects of employee experience. It’s the degree of involvement an employee feels towards the organizational goals. Employees who care for the company’s goals and growth are engaged employees, they’re working for a greater cause and not just for salary, promotions, appraisals, and sponsored tours. Low employee engagement...
In a time when you need to be on top of the details as far as human resources management is concerned, it is not surprising that you would want to create your very own department hr department checklist. This is because you want to make sure that your HR department does its very best...
What is employee retention?In order to answer this question it is necessary to understand exactly what retention is and what factors go into determining the success or failure of a company in retaining its key employees. These key employees are the ones that help make the company grow and contribute to its overall success....
Managing manpower is the core activity of most companies. It includes planning, organizing, staffing, training, and evaluation. In addition, it also involves creating systems for evaluating, monitoring, controlling, and rewarding employees according to their performance. If these activities are performed efficiently, your company can increase productivity and profit. How to manage manpower is a...
What is Human Resource Planning? What is Human Resource Planning? This is a strategic plan for the human resources department that focuses on the allocation of resources to ensure that employees receive the right kind of compensation for their skills and talents. Basically it ensures that employees are fairly compensated for their efforts and...
What is Augmented Reality? The field of what is Augmented Reality in HR can be defined as combining technology, computer vision and interaction to create smart solutions for employees. The use of computer vision to gather information from a wide range of sources such as video, images, text, voice, and speech can identify trends...
Many business owners are opting for the HR outsourcing services India has to offer. And rightly so, given how arduous, expensive, and time-consuming HR management has become. Professional employer organizations in India offer a wide range of HR outsourcing services including payroll management, employee benefits, HR administration, risk management, compliance, recruiting services, offshore outsourcing,...