Most organizations have the perception that they cannot afford to provide benefits to their employees. But not offering good benefits to the employees may lead to de-motivation in employees work interest and can lead an organization to loss or lowered productivity.Read more
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I believed that production is the core function around which the entire business revolved, and I am embarrassed, that it took me so long to realize that this is not true. I always believed that production is just a necessary part of the business and the functionalities revolving around it will define my business. However, I was very wrong.
Human Resources Management System (HRMS) traditional human resources department would make use of a dedicated human resource (HR) team to handle all the information of the payroll processing for employees, employee benefits and other human resource practices. Most organizations then have been facing complexity with traditional Human Resource practices as it is very time-consuming, difficult to manage and maintain employee information all together in one place.
A business process is a combination of four productive resources, namely; land, labor, capital and enterprise required to produce or sell goods and provide services. Simultaneously, while concentrating on and achieving business tasks, due importance must also be given to the people who carry out these functional jobs, the organization's human resources (HR).