5 Sectors That Have Benefited Most From HRIS
Human resources (HR) is one of the most crucial functions within an organization. The HR department handles all employee-related issues as well as payroll calculations.
Human resources (HR) is one of the most crucial functions within an organization. The HR department handles all employee-related issues as well as payroll calculations.
an HR department is policy and process-driven. If you’ve never set one up before it may seem confusing, so here’s a list of 5 steps to assist you with forming a successful HR department for your business.
HRIS or Human Resource Information System is a software package with a similar bucket of benefits of ‘MIS’ that allows HR managers to embed every crucial data in a single platform. HR managers daily deal with large unorganized datasets scattered on several different platforms.
Employee retention is a complicated and complex matter. The modern business world is full of fierce competition, so it’s vital for a company to consider offering multiple benefits to employees if they want to retain talent in their workforce.
As part of the CARES Act, the government released the Paycheck Protection Program (PPP) to help protect and sustain US small businesses during the COVID-19 pandemic. As long as the loan amount is used towards payroll and eligible business expenses, it does not have to be repaid and will be fully forgiven.
Bereavement leave is a unique benefit that ensures an employee time off if they experience a loss in the family. Employees are often worried to request time-off (even in the event of a family death), for fear of retaliation or being fired.
Are you in a fix whether to process your payroll weekly, bi-weekly or semi-monthly? If that is so, then don’t worry we are about to shed some light on this. You will soon unearth the ideal modus operandi to process your payroll, and finally, get rid of the conflict that you have been pondering over.
A pay stub is part of a paycheck that enumerates information about the employee’s pay. It lists the wages earned for the pay period and year-to-date payroll. The pay stub also attests to taxes and other deductions taken out of an employee’s income. And, the pay stub shows the amount the employee receives (net pay).
2020 was a huge turning point in the way companies managed business. Companies that had only previously considered remote operations were now forced to put them into action because of the pandemic.
On Aug. 8, 2020, President Donald Trump issued an executive order which deferred payroll tax obligation for employees in light of the ongoing COVID-19 crisis.