17Nov
Everything About an HRMS

Decoding Resource Utilization- The A to Z of it & More!

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Companies put all their effort into allocating the right resources. However, the valuable output depends on the employee’s contribution to the company (in billable tasks). Managing the same becomes a hectic task as a team starts growing.

Running a business is never a cakewalk. One of the significant challenges to thriving in the competition is scalability. Moreover, utilizing the strength of human resources is a mere trick, especially when you assign multiple projects to people.

Let us learn about resource utilization, its use, benefits, and the best way to go about it.

How are resource utilization and performance management related?

Resource utilization is a key indicator measuring each employee’s performance and efforts at each time. It is a crucial aspect of the business process which allows the project managers and the team leaders to foresee the availability of resources across various categories soon.

Resource utilization helps you use human resources in the best way to optimize overall business productivity. Undeniably, keeping track of the employee’s performance can be a boon to the overall productivity of an organization. Hence, the performance management process depends on resource utilization for optimized productivity.

What role does resource utilization play in performance management?

The resource allocation process is one of the most crucial aspects of performance optimization and management. The simple task of assigning tasks to employees becomes way more completed when the organization grows on a large scale.

How can an HRMS help in performance optimization?

Human resource management software can make resource management way easier than manual processes. They enhance the trackability of systems, be it documentation, performance tracking or attendance. Here are a few ways HRMS can enhance resource utilization, thereby taking several notches up organizational productivity!

  • Documentation is easy with an HRMS.

Documentation has a meaningful role to play when it comes to performance management. Enlisting the KPIs and noting the scores of the employee each passing month is only possible with an HRMS with a dedicated performance management system.

  • Satisfied employees with self-dependent HRMS

HRMS keeps the employees self-dependent regarding information and actions like leave application, resignation application etc. Hence, it increases the efficiency of employees and helps them perform better each passing day.

  • Formulates the resource management system

The control function of management cannot be focused on without performance management software. It formulates resource management by streamlining the process categorically. It redefines every bit of resource management with advanced technology.

  • Enhances visibility and trackability of operations

Most of the business operations are not trackable when done manually. An HRMS can make things way more visible and trackable. You can be better access to data and insights in general.

  • Helps in cost-cutting

HRMS can help you optimize the budget and cut the operational cost to a great extent. It also saves several annual hours of paperwork and other mundane activities, thereby freeing up HRs for other strategical tasks.

ConfluxHR is one of the most promising HRMS solution with reasonable ticket-size meant to make your business scalable and agile. Have you been looking for an intelligent human resource management solution? Then, book a demo now and let us show you around our product.

 

16Nov
Simplifying Layoffs using HRMS!

Lay Offs- The Better Way to Enhance Exit Experience

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How can the elephant of the name escape our attention regarding resource management? A layoff is a buzzword today, and the A-listers have extended enormous contributions exemplifying the sudden layoffs. Undeniably, we know the employees’ side of the story. Here is an overview of the other side.

Detaching work associated with an employee is not an easy option either way. It is an unpleasant situation with a series of formalities making it even more awkward. However, HR Managers can make this process super healthy and approachable.

How can haphazard offboarding make it worse?

The dangers of haphazard offboarding can have multiple repercussions. Determining the offboarding checklist is one of the most crucial aspects of the operational readiness of an organization. However, your employees must be aware of those steps after creating strong offboarding policies.

  • A haphazard process can often lead to awkward situations.
  • Manual management can often lead to skipping document formalities.
  • Poor timing and miscommunication often muddle the image of the organization.

Ultimately, it not only harms the brand image of the organization, but it also hampers the operational flow. Businesses often focus on other resource management processes and ignore exit management’s importance.

How can an HRMS help you manage your Exit Process superiorly?

HRMS has several benefits in terms of resource management. However, in this section, we will highlight the benefits of HRMS concerning the offboarding process.HRMS streamlines the offboarding process in the remote work culture

  • HRMS streamlines the offboarding process in the remote work culture
  • It standardizes the offboarding process
  • It makes the process efficient
  • It protects the brand of the employer
  • It simplifies the adherence to compliance

HRMS can save several working hours for your business. Besides, it can make every process of resource management super-easy. Exit management has a series of formalities. You can manage your long offboarding checklist at a go with an HRMS.

ConfluxHR is one of the most acclaimed HRMS solutions that can help you in all resource management processes. It leverages technology to help you optimize the business process and save your annual working hours to a great extent.

30Sep
Strategic Human Resource Planning for Your Business

An HR Strategy Can Make or Break Your Business

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Over the last two decades, the globalization of individual enterprises and capital markets has altered the corporate landscape. Many companies have expanded their activities worldwide.  They are doing this in response to the global competition. 

At the same time, global financial markets are putting pressure on corporations to innovate and cut costs. These changes pressure businesses to manage their assets as efficiently as possible, particularly their human assets.

Getting Down to Specifics

Strategic Human Resource Planning refers to a set of human resource practices. These practices aim to achieve the best employee performance possible to satisfy the firm’s overall goals.

HR strategy stresses the system of HR practices. The wide range of activities matters regarding employee performance, individual assessment, recruiting, or interview tactics, for example. 

It’s also vital to note that a HR plan works best when tailored to a certain job or collection of tasks. Few companies treat their clerical employees the same way they treat their senior executives. Each group is recruited differently and chosen based on different criteria. The also attend separate training programs and are compensated differently.

Finally, the finest HR strategies always focus on bringing the best out of workers. 

Typically, this entails requiring employees to:

  • Have something ready (Skills, Competencies, Abilities).
  • Experience something (Commitment, Engagement, Motivation).
  • Take action (Arrive, Be Productive, Serve Customers).

You will receive the best employee performance if your HR processes are properly established and implemented. Having everything in line will resonate best with the overall company performance.

Creating Your Own Human Resources Strategy 

Creating a Successful HR Plan necessitates these 5 steps:

  • Step 1: Research Your Industry
  • Step 2: Recognize Your Value Chain
  • Step 3: Identify Your Critical Processes
  • Step 4: Determine Your Key Personnel
  • Step 5: Create an HR Strategy

Conclusion 

There is no doubt that the HR strategy you implement should enable your organization’s employees to contribute to the greatest extent feasible while also improving the bottom line. By assisting employees in improving their skills, attitudes, and behavior and decreasing turnover, you are assisting your firm in meeting its ultimate goals, which include productivity, quality, and customer pleasure.

The many HR strategies from which to choose can also be viewed as workforce management philosophies. As an HR professional, you may translate these concepts into specific policies and practices to develop the necessary abilities, elicit the necessary behaviors, and attain the desired outcomes for your company’s specific business plan.

Of course, what is appropriate for one organization may not be appropriate for another. However, if you can develop a cohesive HR strategy, you will be able to demonstrate how strategic human resource planning can offer value to your company in this changing global environment.

A robust digital HRMS platform is all you need to excel at HR strategy formulation.

ConfluxHR’s comprehensive HR management platform opens up unprecedented possibilities. An organization can use the HRMS platform to recruit, onboard, and manage employee leave procedures. The Platform also helps the business to manage payroll and attendance in an efficient and error-free manner. Furthermore, the performance management feature helps ensure that your personnel are constantly upskilled!

Click Here to read more about ConfluxHR’s unique features, such as One-On-One Meeting Capabilities and Assessment Surveys.

27Sep
What's Trending During Corporate Navratri 2022?

What’s Trending During Corporate Navratri 2022?

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Navratri is a nine-day festival. People of all religions participate in the celebrations in different ways, from dancing with fervor to worshipping Goddess Durga.

This event commemorates the triumph of Goddess Durga, who triumphed over Mahishasur to aid in the restoration of dharma. It is the ultimate conflict between positive and negative energy.

Similarly, each employee’s loyalty, excitement, dedication, and workability contribute to the company’s rise to the top in its industry. Furthermore, the employer’s effort, patience, and devotion also contribute to the company’s identity.

The Festive Spirit is Breaking Down Barriers

A festive occasion or a gathering at the workplace is one of the few times when people let down their guard and are willing to mingle.

And, what’s better is an occasion than Navratri 2022?

The overall corporate environment is joyous and carefree around this time. It is ideal in the casual atmosphere, that HR professionals strive to develop workplace communication.

These celebrations assist in breaking down established hierarchies and organizational limits. It is an ideal networking opportunity for any company’s personnel.

Digital HRM platforms can help bring your entire team together! It can assist you in organizing CSR activities in which all your coworkers can participate. Additionally, it may aid in the development of empathy and the celebration of the true festive spirit.

The Secret to A Successful Corporate Navratri 2022

This celebration of this occasion is best defined by a spoonful of pleasure and admiration in a cupful of contentment!

During the third quarter of the year, corporations celebrate this holiday season. It captivates the young and the aged while deepening their roots. Kicking off their days of enthusiasm with Navratri, employees are exposed to our culture and traditional beliefs in colorful and brilliant ways.

ConfluxHR, a division of DBI360, is one such company that is fully immersed in Navratri celebrations. Every year, they commemorate the days with zeal. This year, they went above and beyond for their staff by experimenting with a novel event structure.

05Sep
Gender Inclusiveness at Workplace

Promising Ways to Achieve Gender Inclusivity in the Workplace

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A gender-inclusive workplace is ultimately the way forward to a sustainable organization. Above all, we always knew that diversity is the mix, but inclusion is all about making the mix work in our favor! 

Gender inclusivity is not all about identifying but providing each team member with equal workplace opportunities, irrespective of gender.

Why is gender diversity important at workplace?

Gender inclusivity in the workplace is the step toward a non-violent and safe workplace. Above all, several types of research have shown that gender inclusion is excellent for a flourishing economy.

Each time we fail to achieve it, we pay the price. Ultimately, it is a fundamental human right. Now that we know why to opt for gender inclusive environment for work, let us run through a few ways to help us achieve it.

5 ways of achieving a gender-inclusive workplace

1.    Craft-based Job descriptions:

A job description can bring a world of difference in achieving Gender inclusiveness. It can be a tiny step towards a big goal. The gender language creates an impact on the reader. Frame your job descriptions so that it welcomes excellent sources irrespective of gender.

2.    Flexible workplace:

Take proactive measures to understand and resolve gender-related issues. Menstrual, maternal, and paternal leave are all part of a gender-inclusive work environment. A workplace must be flexible for people of all genders to feel comfortable and give their best contributions.

3.    Implementation of fair compensation practices:

Women earn only 82% of men’s salary. If you look forward to being a sustainable organization that attracts candidates rightly, you must compensate employees fairly. Every organization must opt for a very formal approach to determine the compensation band of employees.

4.    Learn from exit interviews:

Almost 64% of working women leave an organization because of gender bias. Since it is one of the most prominent malpractices in the corporate arena, we can always take a lesson from the exit interviews. After all, mistakes are the best ways to learn.

5.    Set a diverse interview panel:

Though, merit must be the only ground in selecting the interview panel. However, a diverse interview panel leaves a comforting and positive impression on the candidates’ minds.

The Bottom Line

These are the few promising ways to achieve a gender inclusivity work environment. After all, that is the way forward to a sustainable workplace. On the verge of discarding the conventional, the modern corporate world is paving the way towards an ultra-inclusive and comfortable working world for the candidates.

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