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Infographic: Why Do We Need a Cloud-Based HR Software?
In today’s global economy, HR challenges affect all aspects of a business. The traditional ways of hiring, managing and retaining workforce need to be transformed to meet the business objectives. HR should be well informed and updated with the latest evolution in HR automation and aim at becoming a strategic partner in the business. Overcome … Read more
Why Appreciating and Rewarding Employees is More Important Than Ever
Appreciation is a basic human need! Experts believe that praise and recognition have always been crucial in improving employee productivity, engagement and retention. Managers, HR and the leadership need to understand its significance and the positive impact it has on business growth. A simple thing, such as a shout out in a team meeting or … Read more
How Trump’s ‘Hire American’ Policy Will Bring a Change?
President Donald Trump has made changes to H-1B visa program that intends to bring in highly skilled employees. Trump’s administration is looking forward to strengthening ‘Buy American, Hire American’ policy. Trump’s New ‘Hire American’ Policy The first part of the policy calls for the federal government to reinforce ‘Buy American’ to give preference to buying … Read more
Should Companies Automate Benefits Enrollment Process?
What is open enrollment and why is it important? If you are employed by an organization, then every year around the fall, you would be getting a notification from your employer about the upcoming open enrollment. This would be the yearly period when you and other employees could enroll in or make changes to your … Read more
People analytics: Does your Organization Run Data-Driven Processes?
Changing human resource management to a data-driven mindset can be challenging. After all, HR intends to deal with people, not with numbers. However, being data-driven is vital for a forward moving business. Data analytics measures success of HR initiatives and helps in making well-informed decisions. 77% of managers regard people analytics as a key business … Read more
How to Make Performance Reviews More Meaningful?
Are performance reviews making any difference in your workforce productivity? Is it even effective in optimizing an employee’s performance? Not sure? You’re not alone! Ideally, performance review is a systematic process to evaluate and document performance of an employee. If an appraisal process is designed and implemented carefully, it can help managers and HR to … Read more
Digital Transformation and the Evolution of HR Trends
Till a few years ago, human resources used to be least active in technology innovation and automation. But over time, digital transformation has empowered HR to improve the human resource processes. According to CB Insights research, HR technology industry had received more than $2 billion in investment capital in 2015. Thus, encouraging use of advanced tools … Read more
Online Leave Management: Make Leave Transactions Quick than Ever!
Here’s an incident that inspired me to write about an online leave application system and how managers can make best use of this tool. I manage a team of 5 people. Last month, we had an important project, and unfortunately, we missed on our first project delivery deadline. I was taken by surprise when one … Read more
2017 Global Human Capital Management: Winning Strategies for a Changing Market
The most important asset for an organization is their PEOPLE. According to Gartner, Human Capital Management is a set of practices related to people resource management, specifically in the categories of workforce acquisition, management and optimization. In today’s fast-growing business world, organizations strive to utilize their workforce optimally to remain prepared for future growth and … Read more
Latest Income Tax Rules for FY 2017-18: Empxtrack is Here to Help you
Get latest updates on income tax rules and 24Q form filing for FY 2018-19. In India, 2016 ended with the news of Demonetisation surfacing all over the country and impacting rich and poor alike. The prolonged cash shortage created a lot of confusion and chaos for the common people, and it hugely impacted disposable income … Read more