HR Management Software for your Organization
The HR Management Software is solely responsible for managing the details and work assignment of employees in an organization. Nowadays all organization, small and large alike have a considerable number of employees and therefore needs a human resource management software to manage them and their workload. Companies need HR Management Software to bring about efficient data management and work allocation in an organization.
Gone are the days when you have to keep physical records and manually update the employee details of every department in your organization. Everything is made easy and efficient with the help of HR Management Software. The main advantage of this software is reduction in manual work. When the number of employees in an organization increases to a great extent on a yearly basis it becomes almost impossible to physically keep a record of them. This is where HR Management Software comes in as they allow you handle employee related intricacies efficiently and effectively. It is also automating software which allows you to handle large amount of user data. In fact Human Resource Management makes for a very important module under ERP that is Enterprise Resource Planning. HR software implementation comes along with ERP.
If you are thinking about what are the specific operations or tasks that this HR Management Software will perform for you, then they are as follows:
- Payroll Management: Payroll management is responsible for managing your salary and work compensation. The input to this module is the total working hours and total attended days of the employee and on the basis of that it computes the required payroll information of an employee. It also takes in account the various deductions in the form of taxes so that the total payable amount to the employee can be generated from it.
- Attendance Management: Well as the name suggests attendance management is responsible for keeping track of the number of working days in which the employee was present in the organization. It is integrated with some kind of time collecting device which keeps record of the total number of working days. The time collecting device give employee working hours and total time which is later used for evaluating cost for payroll or salary purposes.
- Human Resource Management: This module is solely responsible to keeping record of all important employee related information like name, address, contact number, skill set, compensation, department, salary, and other important data. It contains all information of an employee from the day he was recruited in the organization the day when he retired. This module will give you extensive information about all kinds of employee details.
- Benefit Management: The information related to extra awards or bonuses or additional allowances is stored in this module. Many benefits are provided by organizations to its employees, the records of these benefits are kept in the benefit management module. The benefits could be pension plans, profit and fund, insurance policies, stock option, etc.
The above four modules when combined together make the HR Management Software.
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