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HR - IT
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet Protocol Suite (TCP/IP) to serve billions of users worldwide. It is a network of networks that consists of millions of private, public, academic, business, and government networks, of local to global scope, that are linked by a broad array of electronic, wireless and optical networking technologies.
Use Of Internet
Communication Recruitment Training and knowledge sharing
PROS Helps in faster interaction Thousands of Gen Y are getting attracted towards it Employers are getting potential talent from SNS with very small investment
CONS Safety of data Credibility of information is still questionable It distracts employees and hamper productivity
Individuals can create their own brand SNS are type of stress busters Have become a marketing tool
CORPORATE
E - recruitment
There are two variants of the e recruitment which organisation use: companies use there website for pulling potential employees there web page s display career openings.
Job portals : smaller or lesser known companies avail services of job portals for hosting their requirements.
Advantages of e recruitment
Disadvantages of E-Recruitment
Advantages
greater reach help reach out individuals with niche skills help assess the candidates behavioral attributes reduce cost
Disadvantages : many still find it unnecessary risk of mistaken identity low return on investment
Time and attendance recording is the key function in any workforce management system. The workers work for pay and payrolls are prepared on the basis of time and attendance records. Accurate time and attendance records not only save employers from losing money on excess payments but also instil employee confidence in the payroll system
Biometric Finger Print Readers RFID Card Readers Barcode Readers Web Based Timekeeping systems Cell Phone Web Browsers
The Human Resource Information System (HRIS) is a software or online solution for the data entry, data tracking, and data information needs of the Human Resources, payroll, management, and accounting functions within a business. Normally packaged as a data base, hundreds of companies sell some form of HRIS and every HRIS has different capabilities. Pick your HRIS carefully based on the capabilities you need in your company.
Management of all employee information. Reporting and analysis of employee information. Company-related documents such as employee handbooks, emergency evacuation procedures, and safety guidelines. Benefits administration including enrolment, status changes, and personal information updating. Complete integration with payroll and other company financial software and accounting systems. Applicant tracking and resume management
Payroll
Other systems
Compensation Mgmt - AIM, Kadiri, Workscape, etc. Planning Aon, Mercer, Watson Wyatt, Towers Perrin, etc. Incentives - Centive, Synygy, Westport Software, etc. Benefits Aon, PeopleClick, Workscape, SynHRgy, etc. Portals, Recruiting, Learning Management, Talent Management, etc.
Outsourcing
Outsourcing is the process by which a company contracts another company to provide particular services. These services/ functions would be otherwise carried out in-house, by the companys own employees. Outsourcing is becoming more and more popular in todays business environment, and most companies outsource some work or other.
Advantages of Outsourcing
Disadvantages of Outsourcing