Business owners have a general sense of most HR terms, but still some questions keep coming again and again.
In particular, the relationship between payroll and HR often creates confusion.
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We are often asked, should SME businesses go for integrated HR and payroll software?
The quick answer is: It depends on what kind of business you run and what is your business philosophy.
It’s a moment of great pride for me to share our new e-book with you.
This e-book is already going viral and getting downloaded by HR folks as well as business owners. And people are asking for a print copy. (We are planning to release that soon.)
Here I wish to share with you why and how we created this e-book.
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As a small or medium-sized enterprise (SME) business owner, you juggle multiple responsibilities at once. From managing your staff to handling finances, there’s never a shortage of things to do. One critical aspect of running any business is handling payroll accurately and efficiently. And that’s where choosing the right online payroll software solution comes in.
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In today’s fast-paced and technology-driven world, automating HR processes has become a necessity for organisations. It saves time and reduces errors. And also enables HR professionals to focus on more strategic tasks, such as talent acquisition and development.
But many SME business owners remain in a dilemma, should they go for HR automation or not?
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As the world continues to grow more diverse, there is an increasing need for workplaces to embrace diversity, equity, and inclusion (DEI) initiatives. Organizations are recognizing the importance of creating a workplace culture that respects diverse backgrounds, values individual differences, and creates an inclusive work environment.
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What Is Data-Driven HR?
Human resources have undergone a significant transformation in recent years. No longer is it solely focused on hiring and firing employees. It has evolved into a strategic function that can drive business success. One crucial tool that HR can leverage to achieve this is data.
This has become more and more affordable as HR tools like HRMS software capture a large amount of relevant HR data. This is a goldmine for business owners, with a data-driven HR approach.
Data-driven HR means using data analytics to make informed decisions about workforce management. In other words, it’s all about using data to inform and guide the HR function.
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Workforce upskilling has become a buzzword in the current job market. With technological advancements and ever-changing business needs, the workforce must stay relevant to be successful.
In our view, upskilling is even more important from the perspective of SME businesses. Because the employees are often not professionally educated or trained for their job roles. Many junior employees take on bigger responsibilities, as senior people are not affordable.
In such scenarios, upskilling can be a good way to remain competitive.
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Small and medium-sized enterprises (SMEs) face unique challenges managing their human resource (HR) functions. Often, these businesses have small HR teams. So business owners also get involved in HR tasks.
Let’s be straightforward here. This poses multiple challenges.
First and foremost, the business owner gets distracted from the core business, & the business suffers.
Secondly, HR is a specialised function. Admin and junior HR persons get overwhelmed with the complexities involved. This leads to inefficiencies in managing attendance, payroll, leave management, recruitment, & onboarding. And errors in adhering to compliance.
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What Is Employee Onboarding?
Employee onboarding is a crucial process that introduces new employees to the company and its work culture. It is an orientation program designed to provide essential information to new hires regarding the company’s mission, vision, and values.
This process typically occurs during the initial stages of employment, and is a critical part of the training and development program for organisations.
The aim of employee onboarding is to ease the transition of new hires into their roles, help them understand their job responsibilities, and prepare them for success in the workplace.
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