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Can succession management groom your business with leadership – find out!
The importance of succession management was realized by most organizations when Herbert D. Kelleher, the CEO of the most profitable and admired low-fare airlines called Southwest Airlines, was asked a question about company’s succession planning in an interview conducted by BUSINESS WEEK. The CEO himself did not take the question seriously and the company directors … Read more
Is your recruitment management software managing your recruiting process efficiently?
According to a survey, the biggest talent management challenge that companies face today, is hiring and retention of good employees. Even though revenue growth is the prime focus for the CEOs, recruiting process is no less important. Hiring right people, is an important challenge that organizations most often face, to run their business. What should … Read more
5 Tips for Effective Performance Reviews
Performance reviews are a part of the work experience that’s often dreaded by both managers and employees. However, performance reviews can and should be a meaningful, helpful experience – both for the manager, the employee and the team. A performance review should be more than just a task to mark off your to-do list. As … Read more
HR Automation for a Not-for-Profit Organization: A case study
The philanthropic arm of one of the largest telecom player in the world was established in 2000 with a vision to help underprivileged children and young people of our country realize their potential. The activities of the not-for-profit organization are mostly focused on education sector. They have a total employee strength of 1,700 employees … Read more
Role of HRIS systems in decision making
HRIS systems allow you to analyze your HR data in such a way that you can be responsive to market realities and turn your insights into a demonstrable business growth. With lower HR costs and overall HR productivity improvements HRIS systems help in business management and help outperform the competition. Initially, HRIS systems were only … Read more
A flexible and intuitive 360 Feedback for employees – A Case Study
The client is a US based hedge fund. They have approximately 200 employees on their rolls. Problem Statement and Business Needs The organization comprised mostly employees with research and analysis as being their core profile. Leadership team wanted a more flexible and intuitive online 360 degree appraisal system, allowing employees to get more effective feedback. … Read more
What is Payroll and how are Payroll Calculations done?
This blog explains the steps involved in Payroll calculations to minimize challenges and develop a satisfied workforce. 6% – 13% employees have payroll related challenges every pay period. Most of these lead to queries for the payroll processing department (HR or accounts) and create significant dissatisfaction, re-work, stress and disruptions. It is believed that a … Read more
Cost saving with Empxtrack travel and expense – A Case Study
About the client The client is one of the top IT services and solution companies in India. They have 4 business units spread across 18 regions and multi location across India and abroad. They have one of the largest sales and distribution network in the country with 15,000 plus employees. Problem statement and business need … Read more
Rules for ESI and PF Deduction to Calculate Employee & Employer Contribution
This blog describes rules for ESI and PF Deduction, where ESI is Employee State Insurance (ESI) and PF is Provident Fund (PF). These are two social security schemes available to employees working in India. However, payroll administrators often struggle to keep up with the latest standards in these 2 areas. This leads to wrong deductions … Read more
Statutory Compliances in Indian Payroll Management System
What is Statutory Compliance? Statutory compliance in HR refers to the legal framework within which organizations must operate while dealing with their employees. Every country has several hundreds of federal and state labour laws that companies need to align with. This list is forever being added to. A lot of your company’s effort and money … Read more
