HRMS: Challenges Overview
Becoming a successful Enterprise is every organization’s dream. To make this dream come true the key growth drivers (people) must be motivated to participate and share the common dream and align their personal goals with Organizational goals. Some challenges mentioned below need a concrete solution acceptable to the employees and employer and make their symbiotic relationship come alive.
1) Attracting the Right Talent and forming the right Team
2) Training and Delegation of roles and responsibilities
3) Monitoring the performance and Rewarding to Motivate and Grow.
4) Enhancing the benchmark of Productivity at all levels
5) Right Sizing, Statutory Compliances of local Government Bodies
Strategic Shift: Human Resource Software
The ground realities of the corporate world forces Enterprises to get systems on board for most of the major functions like Sales and Marketing, Production and Purchase, Finance and Taxation. Now it’s the turn for making use of software systems to streamline HRMS functions. The key challenges in HRMS are majorly addressed by HRMS software solutions. The bundle of Magic has best practices in Recruitment and Selection, Training and Development, Performance Management System and the Right Sizing strategies. Now with HRMS software companies are reaping the benefits of automating several core HRMS processes mainly like Recruitment and Selection. Conducting Online test is in and manual paper written tests are out. Employees number of work hours are out and Number of Productive hours are in. The concept of timesheets has taken over conventional Musters.
The Path Ahead: PMS (Performance Management)
Conventionally measuring the productivity of machine is easy task, however if the metrics has to be designed for managing Human productivity and Intellectual the changes are dynamics. However now with HRMS Software its purely methodological and system oriented best practice to register KRA and KPI’s to arrive at mutually agreed PMS systems. These tools does helps in 360 degree performance evaluation of employees and having a holistic top to bottom and bottom to top approach of evaluating the performance at multi levels.
Training and Development: As good as Solidification of Foundation
Once the right talent is on board, Initial investment in Training and Development is as good as Solidification of the Foundation. Proper Training or brushing of the desired skill sets is one step marching ahead for better outcome and performance from the onboard human talent. Several key tools in HRMS software are directed towards meeting this key need. Identifying the areas of Training skill sets and bridging the training gaps value adds to execute the tasks faster.
Statutory Compliances must be adhered to on Time:
This grey area is always giving the delegates concerned with sleepless nights of meeting the deadlines for submitting the statutory reports to the local government bodies on time. Most of the time The formats and patterns of reports are stringent and are often not advisable to alter the formats. Its time now to forget these and make them history with HRMS software. Giving the Government bodies exactly they want and on time is the key highlight in HRMS software as most of the desired patterns and widely accepted formats are readily available with a single click of mouse.
Best Way to adapt change is to be Part of it.
To experience the change we must be on the same platform and witness the change. HRMS software gives you the opportunity to Experience the change. It’s easy, simple and affordable. Highly scalable to accommodate growth and designed to cater to multi company, multi locations and multi currency scenarios. Must try and experience the CHANGE to be among the top SUCCESSFUL ENTERPRISES
