A Financial Institution Simplifies Incentive Process and Eliminates Manager Bias with Empxtrack Appraisal System
The post contains a case study of one the largest financial service providers dealing primarily in remittances, foreign exchange and bill payment solutions. The company has a large support staff of more than 2,200 employees spread across 800 offices in 31 countries to provide end-to-end financial services to worldwide customer base. The company faced challenges … Read more
A Leading manufacturer of Industrial Machinery and Equipment Streamlines Processes and Derives Efficiency with Empxtrack Performance Management Software
“Empxtrack turned out to be the perfect solution for our business as we aimed to introduce a more formal and streamlined annual goal-setting and performance evaluation process in 2018. It is simple to set up, requires minimal time and effort to administer, and user-friendly for our employees. In addition, the customer service team is highly … Read more
5 Facts That Nobody Told you About HRMS (Human Resource Management Software)
Naysayers are the first to point out the disadvantages of HRMS software: how it is costly, how using it does not have any discernible benefits, and many other uninformed complaints which are rooted in hearsay rather than in fact. But using a Human Resources Management Software (HRMS) is slowly coming into vogue. More and more … Read more
Get a Customized HR Software, Say No to One-Size-Fits-All Option!
A one-size-fits-all HR software is designed and developed to meet the basic needs of any business. However, organizations require unique solutions to cater to specific problems and needs of their people and business. Thus, there is a growing requirement for cloud based customized HR software that can be personalized and map to the existing processes … Read more
Ensure Accurate Client Billing and Simplify Leave Audit with Highly Customized Empxtrack Leave Management System
This case study is about a leading U.S. based IT company with more than 2,500 employees. The company offers a wide range of technology solutions, including Mobile Services, IoT & Analytics, Digital Strategy, Brand and Marketing, Cloud & Managed Services, and more. THE CHALLENGE The client recorded employee work hours through timesheet and used Empxtrack … Read more
Leadership Development: Managing Business Performance
This article outlines a structured process for ‘Leadership Development’ through ‘e-Learning’. It defines an approach to build leaders to manage your company’s business. Producing Leaders of the desired specifications is now within your reach, if you read, understand & implement this approach. Who is a Leader? The definition may change marginally from ‘Military’ to ‘Political’ … Read more
Artificial Intelligence in HR – The Future of Work is Already here!
Do you believe Artificial Intelligence is the future game-changer? Artificial Intelligence (AI) is not the FUTURE, it is ALREADY HERE. According to Wikipedia, “Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals”. In a post by Josh Bersin, Founder … Read more
Employee Retention – Is it a Yay or Nay for your Company in 2018?
Employee Retention has become a concern for organizations across the globe. Employee turnover adversely affects a company’s performance and growth. According to the Centre for American Progress, employee turnover costs roughly 20% of an employee’s salary to replace that individual. The US Bureau of Labor Statistics states that people quit jobs in search of better … Read more
Payroll Solution That Ensures 100% Statutory Compliance and Regulation
Payroll is a complex process that becomes more challenging with a company’s unique processes, compliance issues, varying allowance and deductions and with constantly changing legislation. This, often puts businesses at a risk as there is so much at stake in terms of penalties, additional scrutiny and reputation of the company. Many organizations manage this process … Read more
Recruitment Statistics – Challenges, Trends and Insights for Better Hiring
2018 has brought a change in the recruiting landscape. Recruiters and hiring managers are now more focused than ever; trying every possible way to retain talented candidates. The post highlights 9 recruitment statistics that may inspire recruiters and hiring managers to change the way they recruit and hire. It also cites the challenges and trends … Read more