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Post-recession challenges of talent management
After nearly a year, the news on recession is taking a U-turn as analysts are officially reporting that the recession is over. While it will take some time for recession to pave the way for prosperity and growth for business in general, prosperity is already on its way in certain economies such as Brazil, Russia, … Read more
Difference between the SaaS and Perpetual License Structure
HR Managers and CTOs often ask us the benefits of Empxtrack SaaS over the perpetual licensing mechanism. Here is a comparison chart: SAAS (Hosted) Licensing Structure Perpetual Licensing Structure Cost of Software Lower cost Can go as high as four times the SAAS license cost Payment Frequency Annually One time Annual Maintenance Cost Nil … Read more
Employee termination or firing – HR’s role is critical!
Termination or firing employees is an unpopular but mandatory process. All businesses, big or small may, at some time, fire an employee because of business compulsions. However, the recent downturn has accelerated employee terminations largely due to financial and performance problems. While the decision to fire an employee is never welcome, there are some acceptable … Read more
Web-based HRIS helps in FMLA Compliance
Introduction: This blog post mentions the benefits of using an HR Software (also called recordkeeping software) in maintaining compliance with FMLA, a law in United States about family and medical leaves. It is important for HR, CEO and CFO to know about FMLA law as employers in US have lost millions of dollars in FMLA … Read more
Importance of HR Data for a CEO
I used to believe that employee data were useful for HR departments only since it was responsible for employee development and management activities. The CFO and CEO were only interested in metrics such as cost of hire, total compensation, cost for training, etc. which were more oriented towards financial goals and treated employee functions as … Read more
Strategic benefits of online leave management system
Leave management is one of the most important HR processes which consume a small but significant portion of managerial time. Although this does not take too much time, yet approving leaves is a delicate balancing act. On one hand, HR has to ensure compliance with leave policy and ensure availability of sufficient resources for business … Read more
CEO’s checklist for HR Effectiveness
Introduction: This survey is a self-help tool that can help you gauge the effectiveness of your HR function. The following steps need to be followed to use the tool. Select the size of your organization. Check the statements that you believe are applicable and leave the others blank. Click on the ‘Calculate HR Effectiveness’ … Read more
Web 2.0 and SaaS for Human Resource Managers
Recently, “People and Management”, a popular HR magazine in India asked us to explain Web 2.0 and SaaS to their readers who mainly CEOs or belong to senior HR and other management roles. Our thoughts were published in the magazine as an article titled “Web 2.0 and the SaaS Factor for HR“. Here is the … Read more
Consultants accept that Software is 20 percent of Talent Management
Blogger, Andrew Gebavi, a principal consultant focusing on Talent Management in his recept post ” Software is only 20 percent of Talent Management Success”, listed 5 important factors that play an important role in Talent Management Process. His list prioritized Courageous Leadership as No.1 factor in the talent management, followed by Organization Strategy, Business Process … Read more
Empxtrack Implementation for a Not-for-Profit: Benefits
“Empxtrack is truly a customer oriented system that was able to work within our time and budget expectations. The new system has been well embraced by our staff who generally did not have technical problems maneuvering the site and we look forward to working with them on future projects. Empxtrack took into consideration the way … Read more
