By Amar Gupta CSE
n a company, payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for
services they provided during a certain period of time. Payroll plays a major
role in a company for several reasons. From an accounting perspective, payroll
is crucial because payroll and payroll taxes considerably affect the net income
of most companies and they are subject to laws and regulations (e.g. in the US
payroll is subject to federal and state regulations). From an ethics in
business viewpoint payroll is a critical department as employees are responsive
to payroll errors and irregularities: good employee morale requires payroll to
be paid timely and accurately. The primary mission of the payroll department is
to ensure that all employees are paid accurately and timely with the correct withholdings
and deductions, and to ensure the withholdings and deductions are remitted in a
timely manner. This includes salary payments, tax withholdings, and deductions
from a paycheck.
The number one glossary suggestion and question
that people request is: "What is the definition of human resources ?"
Here's my most frequent response to the question about the definition of human
resources.
What Is Human Resource Management (HRM)?
Human
Resource Management is the function within an organization that focuses on
recruitment, management, and the direction of the people in the organization.
Human Resources management is also performed by line managers.
What Is the Human Resource Department?
Departments
are the entity organizations form to organize people, reporting relationships,
and work in a way that best supports the accomplishment of the organization's
goals. Departments are usually organized by functions such as human resources,
marketing, administration, and sales. But, a department can be organized in any
way that makes sense for the customer.
Sample Human Resource Management Job Descriptions
Sample
Human Resource management job
descriptions give
you a basic template for developing job descriptions in your organization.
Sample job descriptions also give you an idea about what other organizations
expect from employees doing the featured job. See these sample Human Resource
management job descriptions.
What Is Human Resource Development (HRD)?
Human
Resource Development (HRD) is the framework for helping employees develop their
personal and organizational skills, knowledge, and abilities. Human Resource
Development includes such opportunities as employee training, employee career
development, performance
management and
development, coaching, mentoring, succession
planning, key employee identification, tuition
assistance, and organization development.
Recruitment Management
Recruitment refers to the process of attracting,
screening, and selecting a qualified person for a job. All
companies in any industry can benefit from contingency or retain professional
recruiters or
outsourcing the process to recruitment
agencies.
The recruitment industry has four
basic types of firms. 1). Employment
agencies deal with
clerical, trades, temporary and temporary to hire employment opportunities. 2).
Recruitment websites and job search engines used to gather as many candidates
as possible by advertising a position over a wide geographic area. Although
thought to be a cost effective alternative, a human resource department or
department manager will spend time outside their normal duties reading and
screening resumes. A professional recruiter has the ability to read and screen
resumes, talk to potential candidates and deliver a selective group in a timely
manner. 3). "headhunters" for executive and professional
positions. These firms are either contingency or retained. Although advertising
is used to keep a flow of candidates these firms rely on networking as their
main source of candidates. 4). Niche agencies specialize in a particular
industrial area of staffing.
The stages in recruitment include
sourcing candidates by networking, advertising or other methods. Utilizing professional
interviewing techniques to understand the candidate’s skills but motivations to
make a move, screening potential candidates using testing (skills or
personality) is also a popular part of the process.
Employee experience management
Along with the notion of Experience Economy, Employee experience is defined as what an employee
received during their interaction with careers’ elements (e.g. firms,
supervisors, coworkers, customer, environment, etc.) that affect their
cognition and affection and leads to their particular behaviors.
Employee Experience Management (EEM) is conceptualized by Abhari as an
approach to deliver excellent experience to employees, which leads to the positive customer experience by
emphasizing on their experiential needs - like Experiential Marketing for
external customers.
employee engagement is a common
characteristic amongst top employers[9] but surprising
scarce generally; “feedback is the key to giving employees a sense of where
they’re going, but many organizations are remarkably bad at giving it."[10] There are
various ways that businesses can engender a culture of regular, open
communication. These range from regular (weekly or monthly) departmental team
meetings to monthly or quarterly meetings of the entire business. Where having
actual meetings is not always possible, due to the nature of the business,
shift work or having multiple locations an intranet can allow companywide
dialogue. Enclosed corporate social networks[11] allow more
interaction between team members who do not physically interact on a regular
basis such as telecommuters or teams based in different
offices.
Shift
Work
Shift work is an employment practice designed to make use of or provide
service for respectively the
24 hours of the clock per each day of the week.
The term "shift work"
includes both long-term night shifts and work schedules in which employees
change or rotate shifts.
A related yet different concept,
the work shift, is the
time period during which a person is at work.
Attendance management
Attendance management is the act of managing attendance or presence in a work setting to minimize
loss due to employee downtime.
Attendance control has
traditionally been approached using time
clocks, timesheets, and time tracking software, but attendance management goes
beyond this to provide a working environment which maximises and motivates
employee attendance.
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