Businesses are subject to economic cycles. They are expected to deliver on their commitment to their shareholders irrespective of market conditions. In a down swing, businesses are forced to cut costs, work with reduced support staff etc. Topline growth through existing and new venues remains a challenge at all times. Among the many levers that businesses would want to utilize to achieve their goals, Workforce Management is a critical component.
Matching skills availability with demand is the challenge in question. With its rich features, an integrated such as HRM Nirvana is better equipped to provide for such requirements. Processes such as Time Management, multiple Employee Assignment, and Training present users with an opportunity to use a framework of logically linked processes that help them bridge the gap between demand and supply of skilled Human Resources.
Know your employees in person while they are on an assignment (the employee file / service register). Capture numerous pieces of information about the employee through pre-built functions (personal, dependents, education, experience just to name a few).
Empower the organization by facilitating easy movement of human resources to where they are required. It enables HR functions such as transfers, promotions, and deputations. It is expected that the user would use these functions when it comes to changing an employee's assignment and moving them across positions, grades, or locations. All relevant history is maintained for future references and analysis.
Maintain training requirements of each employee. Also, maintain records when training is actually organized including instructors and attendee list.
Tracking time and attendance of the employees are very important, as it forms the basis for many HR activities like Payroll, Administration, and so on. Moreover, it is very important that employees meet the required time schedules. HRM Nirvana helps you manage your employees' time and attendance data effectively. You can integrate any biometric / card reader based punch provider with HRM Nirvana which is then used to calculate attendance automatically. Further the system computes the daily Latecomers and Absentees List automatically every morning allowing you to take stock in real time.
HRM Nirvana is packed with functionalities that enable you to comprehensively, and yet simplistically, handle payroll processing. The payroll processing software allows you to create rules that exist in your organization, and define your business logic for Earnings, Deductions, Bonus, Arrears, Leave and Attendance, Taxes, Statutory Requirements and other important areas. HRM Nirvana Payroll features multiple salary structure definition and flexible benefits administration. Even various leave and attendance types can be defined through Configuration.
Administer and track loans given to employees for meeting contigencies. Define payback schedule and optionally enter ad-hoc returns.