Data and analytics can teach us a lot if we can put them to good use and this is as true for human resource management as it is true for any other business process. From recruitment to training and development and performance management, there are a lot of activities in HRM that can benefit from […]
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The market size for online HR software is only growing year on year and is slated to touch $10 billion by 2020 according to some estimates. The low initial investment, freedom from maintenance, and continuous access that come with SaaS applications are some of the drivers of this trend. While deploying HR software at the
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Talk about performance appraisals and everyone would picture a yearly event where they get to discuss about their performance over the period against some objectives that have been assigned to them. And of course the bonus. And the hike. Indeed, it is not exaggeration to say that for many employees, the event is more important
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Beyond the organizational policies, business functions, and process workflows, it is really the employees who define the organization. So, the kind of product or service you are building, the kind of business you are looking to build, and the future prospects of your business – all these rest on one thing, the kind of hiring
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The human resource management business function, much like the finance and strategy functions, has its reach throughout the organization, and as such, the entire organization can be counted among its internal customers. From hiring to training and development to performance management, the HR function serves the organization and its employees in a variety of ways.
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Today, HR metrics and more in-depth data analysis have become a regular practice in all types of organizations. Almost all enterprises are showing interest in learning metrics and workforce analytics to enhance business performance. It helps managers with the data they need to make wise decisions regarding the acquisition and deployment of workforce. Metrics and
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In many organizations, the importance of organizational culture is often underestimated. In the race for revenue, more customers, deadlines, and targets, culture takes a back seat. For the neutral observer, however, it is one of those components of an organization that is more noticeable for the lack of it than its existence. The importance of
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Employees need to make the best use of their time and stick to deadlines. There must be in place a suitable mechanism that will ensure time-bound delivery of results. Optimum time management saves organizations money and improves productivity. Time management software does all of that and more. Organizing your work for the day will ensure
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Managing employee payroll is cumbersome, given their sheer numbers in large organizations and the detail that goes into every payroll report. This can change, however, by deploying certain automation tools such as payroll management software. The software maintains a database of all the employees’ records in chronological form. Creation, deletion and saving of employee records
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Collaboration between employees, management and supervisors is necessary for organizations looking to increase efficiency, productivity, and engagement of every employee. There is a greater possibility of achieving these when organizations manage tasks using certain automation tools. Business process automation is the in thing for companies looking to achieve best-in-class results in all their endeavors. Human
