The payroll process acquires a great sense of importance for business, especially from small to midsize range, during any period whereupon the fiscal period of a company is coming to an end. Such tasks as movement of employees inside or outside of the organization, deadlines for projects and final sales [...]
Employee retention and turnover are two sides of the same coin. In every company, HR policies and processes cover both joining employees and leaving employees. On boarding and training are critical elements for the former, while exit interviews are essential for the latter. For employers, exit interviews matter because they provide valuable information [...]
Organisations worldwide are adopting Human Resource Management Systems (HRMS) like Spine HR Suite to automate many activities related to human resources, accounting and payroll. Within HRMS, the Employee Self-Service Module (eSSM) allows employees to carry out many HR-related tasks easily. Thus, an eSSM can save companies many labor hours and improve efficiency and productivity. [...]
Ask any small business owner about their most pressing challenges and they will definitely say ‘soaring costs’, ‘cash flow problems’ and ‘high overheads’. When spoken in the same breath as ‘low profits’, these challenges can seem very dire indeed. Therefore it goes without saying that if you own an SME [...]
A strong base is the basic requirement of every startup to become one of the emerging business across the nation. A strong base consists of many essential factors and employee engagement is one of them. In other words, Employee engagement in a startup plan is even more vital than an [...]
As the name implies, a Human Resource Management System (HRMS) is a tool that helps firms manage, simplify and automate their HR Operations. It gives HR professionals the freedom (and time) to focus on strategic tasks that can improve the firm’s productivity, engagement and efficiency. But did you know that an HRMS [...]
Corporate culture: an organisation’s shared norms, values, attitudes and beliefs that characterize its policies and behaviors, and communicate its vision and purpose to stakeholders In his book The Culture Cycle, James L. Heskett wrote that effective culture can account for 20-30% of the difference in corporate performance compared to “culturally unremarkable” competitors. [...]
When jobs are aplenty, employees have plenty of choices. In the modern world, people no longer spend their entire career with one company and are willing to change jobs as soon as something better comes along. For employers, such job-hopping employees can be a nightmare. So what can firms do [...]
In today’s cut-throat world of work, there is no shortage of candidates for just about any position. However this surfeit of human resources does not mean that recruitment is easy (despite the automation offered by HRMS systems!). The reality is that getting the interviewing-hiring-on boarding process right is often one [...]