HRMS
An HRMS (Human Resource Management System) typically consists of several key modules, each with specific functions:
Employee Information Management*:
Function*: Stores and manages employee data, including personal details, job history, and qualifications.
Payroll Management*:
Function*: Automates salary calculations, tax deductions, and benefits administration. Ensures timely and accurate employee payments.
Attendance and Leave Management:
Function*: Tracks employee attendance, work hours, and absences. Manages leave requests and records.
Recruitment and Onboarding*:
Function*: Streamlines the hiring process, including job postings, application tracking, and candidate management. Facilitates new employee onboarding.
Performance Management*:
Function*: Supports performance appraisals, goal setting, and feedback collection. Helps track employee performance and development.
Training and Development*:
Function*: Manages employee training programs, skill development, and career progression planning.
Benefits Administration*:
Function*: Manages employee benefits such as health insurance, retirement plans, and other perks.
Compliance and Reporting*:
Function*: Ensures adherence to labor laws and regulations. Generates reports for compliance and strategic decision-making.
Self-Service Portal*:
Function*: Allows employees to access their personal information, manage benefits, and request leave through a user-friendly interface.
Analytics and Reporting*:
Function*: Provides insights through data analysis and reporting, supporting strategic HR decisions and improving organizational performance.