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Farsight offers complete HR Software Solution

5 Smart Deals - HR Software SolutionEvery organization possesses one or two employees with negative behaviors. Every employee tries to behave in his or her best way, however, some employees make irritated to others with their idiosyncrasies. Such people get noticed bit easily and affect the professional work culture.

Managing Employee ProductivityCompanies are unwilling to increase spending, investment on employee engagement in current slow economy. On the contrary, keeping up productivity in such a dynamic environment is a challenge. Farsight consultant suggests how best practices can increase productivity of employees without spending much.

Human resource management (HRM) has remained one of the biggest challenges for organizations since time immemorial. And then finding the right mix of HRM becomes further complex as the technology and the domain itself keeps evolving. Decades ago, automation and digitization was limited to printed reports and ability to feed and data on a system. But with rapid revolution in the area of IT, HR software was upgraded. Farsight has developed the best HR software solution by keeping pace with technology and changing demands of the industry.

If you have a company, or any kind of business that requires a certain number of employees ,you already know how vital it is keep the people that work under you happy and motivated. After all it’s training new employees is hard, expensive and has an impact on productivity.

The question that naturally occurs is how do you keep your employees motivated and in the same time loyal to you?

Effect of Leadership on Performance - HR Software SolutionThe goal of any organization is not only to survive, but also to sustain its existence by improving performance. In order to meet the needs of the highly competitive markets, organizations must continually increase performance. Prior literature indeed suggests that role of leadership is critically important for achieving the desired performance in any organization…

Benefits of HR Payroll Software SolutionPayroll outsourcing comes with its own benefits and challenges. Some organization can never afford managing entire payroll in-house, for example, if a foreign based organization enters in Indian market, the organization would tend to outsource payroll to avoid statutory compliance issues or hassles of managing higher headcounts.

In need of survival and growth, multi faceted business units adopt best practices for distinct effective compensation strategies. The biggest challenge in the business world today is to attract and retain the best talents owing to the cut throat competitive conditions.

The IT sector will be considered essential services and barred from strikes and shutdowns from April. They will also be exempted from complying with working hours regulations as stipulated in the Karnataka Industrial Employment Rules, 1946 for another 5 years.

The Lok Sabha has passed The Payment of Bonus (Amendment) Bill, 2015 to facilitate doubling of wage ceiling for calculating bonus of factory workers and Organizations with 20 or more workers. The Bill seeks to amend the Payment of Bonus Act, 1965 and was introduced in Lok Sabha by the Minister of State (MoS) for Labour and Employment by the Minister of State for Labor and Employment, Mr. Bandaru Dattatreya, on December 7, 2015.

Your business strategy is the most important part of your business. Actually, it IS your business. From how you conduct internal affairs, to the day to day operations of your business..

Annual leave is a period of approved absence with pay from official duties. It is intended to allow the employee vacation, rest and recreation. It is also intended for the employee’s use in attending to personal or emergency business, to extend the time available to the employee under some other leave programs, and for use with specific military leave entitlement.

According to the Hudson report, 22% of respondents expect that talent development will take precedence as HR’s first priority moving into 2010. Improvement of talent development strategies and delivery will be the key to leveraging the available talent as effectively as possible, especially for success-critical positions. Mercer adds that developing high-potential talents for the future should also be high on HR’s agenda.

Step 1 – Prepare e-TDS as per prescribed format. The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified below.

On Sunday night, do you fear Monday and starting a new work week or when you’re at the office, does the day drag by and you can’t wait to leave? Are you more irritable and gloomy while you’re at work than at home?

Typically, human resource departments have the responsibility for handling recruiting, hiring, performance, compensation, benefits and career development. However, situations requiring a training intervention have to do with performance, conduct or behavior issue. Subsequently, developing a training intervention program involves assessing the need, developing training presentations, designing materials, and exercises….

Mоѕt mаnаgеrѕ know thаt people іntеrасtіng іn thе wоrkрlасе can оftеn lеаd tо соnflісt. Thіѕ соmmоn оrgаnіzаtіоn еvеnt will аlwауѕ аrіѕе, and mаnаgеrѕ muѕt knоw hоw tо іdеntіfу аnd dеаl wіth соnflісt. Mоѕt реорlе аutоmаtісаllу аѕѕосіаtе соnflісt wіth a nеgаtіvе оutсоmе аnd the аvоіd іt. Cоnflісt comes frоm dіffеrеnt реrѕресtіvеѕ аmоng dіffеrеnt іndіvіduаlѕ.

When you get an acquiescence from employee (formal or casual), let the worker realize that you have gotten it and have started the procedure at your end. This quiets some underlying nerves and keeps both sides in agreement. Once, you’ve done this, take after the means beneath:

The reporting supervisor and the HR chief director to choose on the off chance that they need to endeavor to hold the employee or not.

Companies can utilize strategic human resource planning to predict current and future staffing needs using different techniques, but the ultimate goal is to limit exposure to surpluses or shortages of high skilled individuals in the workforce. Managers need to actively anticipate the continuous movement of people into, within and out of an organization. They also need to implement activities and processes that promote employee competencies within the specific framework provided by demand and supply estimates.

Farsight’s Off Boarding HR Tool ensures efficient termination of an off boarding employee. It ensures best HR practices are perceived in employee termination process. Once an employee updates the system about separation plans, he/she will be notified of all the procedures and steps that they need to undergo.

Farsight’s Separation module in HR Software Solution provides different interview templates for different profiles to enable HR Managers put up relevant questions. It supports clearance from “n” number of employees in different departments. Thus it is able to support multiple clearance templates for different profiles. The module ensures configurable user permissions so that user has data wise access to profile of their senior employees.

Employees are the heart of a successful business. They are hired to help the organization gain and maintain success, and they are often times, inspired to perform the work necessary to achieve your set goals, at least initially. Rewarding staffs when they effectively fulfill directives is an often overlooked yet critical management tool in organisational performance. When properly managed and communicated, reward programs can create and maintain a highly motivated employee force working for the progress of the business or organization.

 

People react differently when they hear about “work-life balance”. It either makes you feel a sense of balance in your daily activities, or reminds you of the one aspect that keeps dominating every other thing in your life.

Work life balance refers to a situation whereby you are able to apportion the right amount of effort and time to both your personal and work life. This definition highlights few important points. First of all, it talks about a situation, instead of a permanent issue. This also makes it more of a personal thing, which will be different and unique for every-one.

At this day and age, if there is one thing that’s key to the success of your business, it’s Employee Satisfaction. And while there are many ways to achieve that, offering employees clarity about who they are in your company and how to benefit from everything you offer is the foundation of it all.