Employee turnover can have a vastly negative impact on a company. Businesses have to spend their valuable time and money looking for a replacement. The replacement process often has high costs including training, paid postings on job boards, background checks, as well as the hours of work lost when a position remains unfilled. Rather than struggling to hire new candidates ...

Businesses should take advantage of every opportunity to ensure everything is in their favor to become major players in their respective industries. One of the best routes to this is to use compensation, not as a regular reward and recognition program, but as a strategic tool. Taking a strategic approach to compensation management can play a vital role in your ...

The HR department is considered a strategic business partner in any organization. Though HR professionals are expected to take on impact-driven responsibilities, they are still stuck dealing with the more manual and transactional aspects of HR management. Businesses should determine how to automate their HR processes and reduce tedious tasks. They can save time and money by investing in strategic ...

Today, the demand for premier talent is forcing organizations to plan and recruit more efficiently. Workforce planning and HR analytics have become an important focal point for HR teams around the world, as they can tackle new challenges in sourcing and retaining the right candidates. With the today’s advancements in technology, the latest HR management systems are bringing in more ...

In the global economy, we find employees working in various locations. Whether employees work at the corporate headquarters, from home, or at a client business site, they all need to accurately and efficiently track and report their work hours. Traditional paper-based systems are inaccurate and also require additional resources to enter data into the payroll system. Automated time and attendance ...

Data analytics has brought major changes in human resource management policies and practices. With the adoption of data analytics, businesses are gaining a competitive edge over their competitors. Today, most organizations are using data analytics for any decision to make. The decisions have become more promising and accurate with the use of these practices. As employees are the core of ...