After all the workplace philosophies get discussed, one thing is agreed upon by all. Compensation matters the most!
Compensation and benefits are crucial for employee satisfaction and retention. However, HR managers often face challenges when it comes to managing these plans effectively, especially with limited budgets.
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The rainy season can present numerous challenges for businesses, particularly in regions which are prone to heavy downpours, flooding, or storms. It’s essential for HR departments to implement strategies that maintain productivity and employee well-being during this time.
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Organisational capability refers to the collective skills, resources, processes, and technologies that an organisation possesses. It is the ability of an organisation to respond to business, social and cultural challenges effectively.
In essence, organisational capability reflects the capacity of an organisation to solve problems, adapt to changes, and innovate in order to stay competitive in the market.
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When a business owner or a manager thinks about implementing HR Automation in his organisation, he comes across 3 possible solutions.
These are–
HRMS (Human Resource Management System),
HRIS (Human Resource Information System), and
HCM (Human Capital Management).
Business owners often ask, why do we need a mobile HR app, we are a small organisation? They say– most of our people work in the office or factory.
What they don’t say is often implied in their tone: Mobile app is not a necessity, but a luxury meant for larger organisations. A waste of money for SME organisations.
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Payroll is a sensitive function. Even a small error or discrepency can arouse anguish in employees. That’s why the role a payroll controller is crucial for maintaining the smooth operation of payroll processes.
A payroll controller is responsible for overseeing and managing the payroll function, ensuring accurate and timely payment to employees while maintaining compliance with relevant laws and regulations.
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Welcome to our comprehensive guide on the top 10 HR tools for businesses in 2024. Curated by our CHRO team.
We are recommending these, after having first hand interaction with these tools. From cutting-edge recruitment software which leverages artificial intelligence and machine learning, to innovative employee engagement platforms which use conversational AI and gamification techniques, we’ll cover a wide range of solutions.
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The SME companies are different from established organisations. Not just in scale, but also in their growth story. SME organisations are ever-changing, ever-growing. From creation of new policies to developing the organisational structure, HR’s role is crucial, as well as challenging.
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There are two primary functions of an entrepreneur. Creating demand for the business, and building the organisation that can deliver the products and services to customers and clients.
These are massive responsibilities. Each one of them needs complete focus and attention of entrepreneurs.
That’s a unique challenge which managers in big organisations don’t face. They are required to fulfill only their job role. Which is mostly function specific. But an entrepreneur must wear many hats.
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In today’s fast-paced business world, the competition for talent is tough, and employees expect quick response time on their queries. And the owners need data and analytics to take data-based decisions. So Human Resource Departments must manage a wide range of tasks and responsibilities.
From recruitment to employee onboarding, performance management to talent development, HR professionals are constantly juggling multiple processes. However, with the advent of modern technology, specifically HR software, these complex HR systems can be simplified and streamlined.
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