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April 9, 2016

HR has evolved from being just an administrative body. Aligning HR with key business objectives is critical to a company’s success.

We all know that HR is all about people and an organization is what its people are. And yet, most businesses tend to skip aligning the HR with their key business strategies that directly impact the people. When HR goals and business objectives, look in the same direction the teams are likely to be more efficient and effective in achieving the overall organizational goals.

Here is how involving HR with business strategies can help your company grow faster:

Ready Skill Analysis:

Every plan and its execution, requires a certain skill set. With HR aligned to your plans, you get a ready reckoner of your current skill matrix and what all you need. You also get a foresight into how you need to train your current workforce to make them more compatible with your business plans.

Ready Acceptance:

Success of any new plan or related operational change depends on how quickly your people accept and adapt to the change. If HR is aligned with your plans, they can drive change management effectively. HR knows the nerve of the people, and this helps them in communicating the change and its benefits in a lot more effective way. Moreover, they can motivate the teams to leverage the new opportunities that the new plans may bring.

Ready Team:

If employees are connected to company strategy and goals and are acknowledged for high performance, the goals are more easily met. Engaged employees are vital to company productivity. HR can be a key player at the strategy table if it develops performance management goals based on company objectives.

Considerations

HR has a delicate balancing act to develop compensation strategies that balance company finances with employee expectations. If compensation is too low, employees leave for greener pastures. If it is too high, the company income statement can be adversely affected. HR must be included in product development efforts and ensure the right staff is on hand for this function, even if it means paying a premium in the short term for freelance or contract employees with the right skills and experience for the tasks at hand.

Effects

HR departments typically track data on the success of recruitment efforts or how many people received what kind of training. But this is not sufficient. The better metrics are those that establish the long-term links of HR to company success. A more important metric might be how well the company does at retaining key personnel, those who contribute most to the bottom line.

Are your HR Goals in Sync with Your Business Plan?

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By HR-One Team
February 2, 2015

An HRMS system is known for having multiple functionalities that enrich the performance of Human Resource department in any organization. These features focus on different aspects of the HR department, while enhancing each operation to its maximum. The HR managers find a lot of assistance through HRMS which makes their work a lot easier. One such feature is the payroll management system. This functionality helps in making sure that the payroll system is smooth minus any glitches. Payroll is a crucial aspect and can be a tricky aspect to manage when done manually. Overlooking the financial aspect of any company is one of the most important things to do and when you get such an efficient helping hand such as HRMS, it would only help to milk its benefits to the full. The different features of an HRMS help an HR manager in different ways. Let us see how the payroll management system helps an HR manager.

A Helping Hand to the HR Manager

The payroll management software is where one manages all the records of the employees in an organization. There are many HRMS software solution providers  who could list down the number of ways this software can help the HR manager. Having a single place where all the important documents and information can be stored and monitored is a must, especially when the size of the organization is large. The workflow can be defined well and communication between different parties can be made very effective and simple, thanks to the payroll system. Some of the other ways that the HR manager benefits through the payroll system are:

Efficiently manage the finances of the organization as a whole: The payroll system keeps a check on the payroll of every employee so that no discrepancies occur causing any conflict. However, it is equally important to track the overall finances and expenses of the organization as a whole. The payroll software helps the HR manager in accessing the tax processes efficiently. The salaries of different employees can be accessed in different modes such as processing and deduction. It takes into account the leaves taken by employees. A record of every pay-slip is recorded and saved in an electronic format on the system. The automation reduces the chance of any error and all the records can easily be accessed by the managers as well as the employees.

Manage the recruitment process in a smooth and effective manner: Hiring is a crucial task that is handled by the HR manager and his department. They are responsible for identifying the right talent and bring them into the organization so that they can share a symbiotic relationship, where the company and the new hire can equally benefit from each other. The payroll software assists the HR manager by screening the potential hires and saving the database of the all the candidates. When a wrong person is hired, a lot of time, resources as well as money are wasted when the person quits early owing to a clash in the interests. Hiring the right person ensures that the money is spent on the right people. The payroll system also has features like letter templates that can be used while mailing an accepted or rejected candidate.

Save time by managing it suitably: The HRMs software solution providers assure that a lot of precious time can be saved just by managing it efficiently. The payroll software helps you with the same. There was a time when maintaining a log of an employee’s working hours, attendance, leaves and the like were done manually, which in turn resulted in errors. This reflected directly on the payroll and caused problems. However, the payroll system has everything automated where managing all these have become faster, thus saving a lot of time.

A Simplified System

HR-One shows that when the software and the corresponding department work well together, the overall positive impact can be seen throughout the organization. Both these elements should fit well together which would in turn simplify the entire system; offer a defined flow to different functions and operations. The efficient co-relation between the payroll system and an HR manager cannot be emphasized more in any organization, regardless of its size.

How Payroll Management System Helping an HR Manager?

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By HR-One Team
January 5, 2015

A lot has been spoken about how implementing payroll management software benefits any organization. Right from saving time, minimising errors, increasing productivity and making the process faster are amongst the positive things that feature on the list of benefits. The employers and higher managements will surely recommend payroll management software, but the good news is that even the employees will benefit from it. As they truly say, technology doesn’t differentiate between people. So, read on to know how some of best payroll management software companies in Delhi believe that the employees will benefit from the implementation of Payroll Management Software.

Employees at a Benefit

Empowering the employees is one of the best things any organization could do. Keeping things transparent and enabling the employees to do certain things will go a long way in keeping the employees happy and in turn can help in retaining talent. One area where this can be achieved is the payroll management. These are some of the ways employees will benefit greatly, along with the employers.

1)      High Confidentiality Factor

Any detail related to payroll and other monetary related information can now be accessed by the employees directly. There is extreme confidentiality in maintaining the records. Only the concerned employee, their manager and the concerned official at the Payroll department will have the authorization to access the details. There is no fear of unknown people stumbling upon the details or viewing one’s personal payroll records. There is no need to take special permission from anyone to access any information.

2)      Availability at all times

The information can be accessed by the employee at all times. This is beneficial for those who work in different shifts and whose shift alignment doesn’t match with the payroll office’s timings. Holidays, weekends or leaves do not come in the way of viewing the payroll details. In fact, it is possible for the employees to access any details even when they are travelling or are on the move. The 24 X 7 availability of any payroll information relieves the employees’ dependence on the payroll department, thus making the employees independent.

3)      Check on Working Hours

Payroll allows the employees to keep a check on their billable working hours. The regular working hours can be tracked easily but at times employees do put in extra hours. Keeping a manual tab can take a toll on the employees and there are high chances of making some error. According to the best payroll management software companies, the employees can keep a track of their over-hours, comp-offs, extra rosters etc through the software. There is no need for them to worry about keeping a track of all that and they can be sure of getting paid of extra billable hours. If there is any mistake, it can be brought to the notice of the concerned official immediately so that there is no inaccuracy in the issued pay check.

4)      Easy Connectivity with the Payroll team

There was a time when an employee had to physically get in touch with the payroll team in case of any confusion, discrepancy or error. They had to coordinate with the payroll team and meet to discuss further. It resulted in wastage of a lot of time. If the payroll was busy, the employee’s grievances just got postponed further. With the payroll software in place, the employee can just contact the payroll team directly through the software. The process is faster and really simple. The employee can send in any request or query at any time without the need of taking an appointment with the payroll team. They can access the response when they want, irrespective of the location. There is a level of transparency too, which builds a strong sense of trust between the company and the employees.

Keeping the employees happy has to be a priority in any organization. When the source of happiness comes from the freedom they get to monitor their payroll details, there is nothing better than that. Give them the transparency and independence they deserve, you will automatically see a rise in morale, efficiency and productivity. Companies like HR-One can help you get more details about the same.

How does Payroll Management Software benefit the employees?

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By HR-One Team
July 24, 2014

Human resources are seen as a key variable in an organization’s capacity to assemble and manage focal point and accordingly assume a discriminating part in business endeavors. Over the recent decades, human resource management has changed and get to be more perplexing – for the most part because of outer variables, for example, engineering, a developing nature’s domain and client requests, outside rivalry or the globalization of business. In any case it has never been more vital for the business holder to have a solid understanding of center human resource issues – and not just is it critical – its getting compulsory to proceed with achievement.

Whether an ambitious person outsources human resource capacities or not; there are some human resource issues better managed and saw by the business holder. The criticalness of preparing your employees is a human resource capacity ambitious people must invest time on – particularly when taking a gander at a future vision for your organization. It’s basic to guarantee that your employees are prepared to handle the mechanical and natural changes that are prone to affect your business. Employee preparing shouldn’t stop with your new contract introduction techniques. Authoritative preparing needs are progressing, especially in today’s economy.

Not just can a solid human resource comprehension be an exceptional wellspring of maintained playing point; however brilliant recruitment, approach execution, execution management and preparing can increase the value of any firm. Here is a gander at three human resource errands that you have to think about:

Situating Employees for Success with an Ongoing Needs Assessment Process

The most brilliant approaches to guarantee employees have the fundamental preparing to best position your business for long haul achievement is with a continuous needs evaluation process. This doesn’t need to be confused, however the procedure includes understanding where your association is presently, as far as employee aptitudes, and where it needs to be later on. Distinguishing crevices between employee’s present capacities and what they have to do now and later on is fundamental to stay with your aggressive. As you experience this investigation, consider the qualities and shortcomings in your organization. Normal territories for development in numerous organizations is helping administrators better oversee for execution. Numerous individuals are pushed into managerial positions in light of the fact that they’re actually great at their occupations; however they aren’t prepared as chiefs to help their subordinates attain crest execution.

This is one of the discriminating needs that business holders perceive in their staff – useful management preparing. This is steady with the way that a standout amongst the most discriminating issues confronting ambitious people with developing businesses is the essentialness of creating high-potential employees that can perform various parts under different phases of development.

Distinguish Training Issues with an Employee Development Plan

When you have evaluated your association’s preparation needs, you can distinguish which crevices are really preparing issues. An employee improvement arrangement will move your association closer to its long haul key objectives. Deliberately, it’s cunning to recognize the innovative and ecological elements that will impact your business’ capacity to stay aggressive. For instance, administration preparing could be an imperative segment of progression arranging. Programming preparing builds intensity as organizations robotize. This is a productive human resource exercise for business holders and sharpens their general abilities.

Organizations focused on employee preparing can understand the profits of enhanced employee fulfillment and maintenance. Keeping very prepared and roused employees overwhelmingly helps your organization’s prosperity and provides for your preference.

Adequately Communicating Policies and Practices with Employees

The business holder is frequently the one and only that can make a learning society in business. Start by plainly imparting your desire that employees ought to make the strides important to sharpen their abilities to stay on top of their callings or fields of work. Convey to your employees the particular preparing needs and focused on results you’ve made as a consequence of your needs examination.

It’s useful to give a robust introduction to your organization’s society, including your learning society, to any new employees you procure. Each effective preparing and development program likewise incorporates a part that addresses your present and future authority needs. Your employees are your standard business holding. Show others how it’s done, if employees see you focused on consistently sharpening your abilities, they’re prone to take after. Because of their little size, little businesses can need management limit and they can’t bear the cost of expensive help administrations like budgetary, human resource, lawful and so on. To be fruitful, they must create solid management groups and embrace a society of learning.

Building an extraordinary organization has a ton to do with how individuals cooperate and this is an alternate basic territory of human resources that business managers must dig into. Arrangements and practices can enhance the way your employees associate, while minimizing the staff hindrances that can result in issues.

By what means would you be able to verify your employees have clear desires and are dealt with reasonably as they work to help construct your organization? The response is the way you address key components of your work environment arrangements. Individuals like to have an acceptable understanding of their part in an organization and also the parts of others. Effective groups have decently characterized parts or positions and clear reporting structures that define who’s in control and how assignments are to be finished. Business people additionally need to impart a reasonable understanding of what is and what is not satisfactory conduct inside the organization.

Laying out principles helps superintendents with obligation issues and consistence. It’s likewise vital to state outcomes for infringement so employees recognize what’s in store and have reasonable cautioning of those desires. This is to a great degree vital on the grounds that an employee who feels they’ve been dealt with unjustifiably can make a lot of risk. Do your employees have an employee handbook or arrangement guide? Shouldn’t we think about preparing or structures for direction? Apparatuses like these are fundamental to dodge obligation, additionally diminish the time you go through managing individual issues rather than business matters. As the pioneer of the organization, it’s huge that you get included in these essential human resource capacities and frequently crucial to your prosperity. HR management software in India has revolutionized the basic HR trends into technological aspects. With Uneecops HR One HRMS solution you can flow with latest HR trends.

What are Critical HR tasks for Small and Mid-size Businesses?

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By HR-One Team