HR Management
Human Resource Management is the process of recruiting, selecting, inducting employees, providing orientation, imparting training and development, appraising the performance of employees, deciding compensation and providing benefits, motivating employees, maintaining proper relations with employees and their trade unions, ensuring employees safety, welfare and health measures in compliance with labor laws of the land.
- It involves procurement, development, maintenance of human resource.
- It helps to achieve individual, organizational and social objectives.
- Human Resource Management is a multidisciplinary subject. It includes the study of management, psychology, communication, economics and sociology.
- It involves team spirit and team work.
- It is a continuous process.
Payroll Management
A payroll management system is a system used by companies to help manage the computation, disbursement, and reporting of employees’ salaries efficiently and accurately. It is the combination of software, processes, services, hardware, and other systems that help automate the payroll process from the gathering of timekeeping information, computation of wages, to disbursement of salaries and pays lips.
- Name, address, and Social Security number of each employee.
- Amount and date of each payment for compensation.
- Amount of wages subject to withholding in each payment.
- Amount of withholding tax collected from each payment.
- Reason that the taxable amount is less than the total payment.
- Statements relating to employees’ nonresident alien status.
- Market value and date of noncash compensation.
- Information about payments made under sick-pay plans.
- Withholding exemption certificates.
- Agreements regarding the voluntary withholding of extra cash.
- Dates and payments to employees for non-business services.
- Statements of tips received by employees.
- Requests for different computation of withholding taxes.
Attendance Management
Attendance management is the way you keep track of employee hours. It is the system you use to document the time employees work and the time they take off. Attendance management can be done by recording employee hours on paper, using spreadsheets, punching time cards, or using online time and attendance software for your business.
- Both employees and their managers access an employee portal to view, apply, track, review, approve or reject leave applications as appropriate.
- Managers can view which of his/ her team members are punctual by viewing there in and out time over a period. The attendance information is captured and displayed in real-time and not processed at the end of the day, week or month.
- Managers can add or modify shifts for his/ her team members.
- On an attendance software, managers can approve or reject their team members’ attendance regularization requests.
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