Tag: HR Management

  • The New Frontier for HR: Human Centricity Fueled by Digital, and Technological Innovations

    The Article is contributed By Banu Balu, Human Resource, Msystechnologies

    In the wake of the COVID-19 pandemic, the role of HR has become momentous in defining and deciding the future readiness and growth trajectories of organizations. By taking care of employee sustenance, work environment, and cultural gamut and creating value for employees and stakeholders alike, the traditional face of HR has escalated to new frontiers. This recent reinvention of conventional HR approaches and ideologies is evident in the human-centricity element becoming more profound than ever before vis-à-vis the emergence of more compassionate and empathetic approaches to employee engagement, retention, and advancement.

    Asynchronous hiring has evolved as a trend for many organizations in the past few years. However, such models have only made the role of HR more significant. Transcending beyond the traditional roles around hiring and staffing, policy-making, and policing the employees, the modern HR competency spectrum has expanded to include evolved functions that are being augmented by digital and technological innovations to become more consequential in nature.

    Indeed, the more turbulent times and agnostic forces that emerged due to the pandemic have been challenging. The world grappled with the challenges of ‘The Great Resignation’ layoffs, and hybrid and remote work models. However, amidst all the challenges, HR management professionals have explored opportunities. They have commendably arisen against adversities & evolved tremendously, shaping more resilient and engaging HR trends and gratifying workplaces of the future.

    Within a knowledge-based economy, as new skill sets and roles are being created and disrupted every day at a rapid pace, the role of HR becomes preeminent to stabilize the unprecedented volatility in the global job market, as is evident from an ingenious quotation from LinkedIn CEO Ryan Roslansky, “…even if you are not changing your job, your job is most likely changing on you.”

    73% of employees rely on their employer to prepare for a future-ready workplace, and HR professionals play an indispensable role in making this happen.

    The modern HR outlook is focused on building accountable and strategic partnerships with organizations, propelling them to re-engineer excellence by gravitating focus on learning and development, delivering quality, and doing some exceptional teamwork.

    Digital HR

    It is undeniable that digitization has impacted the functioning of businesses at regular intervals. To reap the benefits of the digital era, it is part of the organization’s culture to enable people to accomplish work in a more efficient and productive manner.

    Taking a step back, let’s first define what Digital HR means. Digital HR is the process of optimizing HR processes to make them more automated, data-driven, and technologically advanced. As HR processes become more efficient, SMAC (social media, mobile, analytics, and cloud) technologies will play a bigger role in digitalization. The HR department can create a seamless employee experience through apps, artificial intelligence, and bots.

    In terms of the impact digital transformation has had on Human Resources, it has brought about a tectonic shift in the role HR plays within an organization. It is now a dual challenge for HR teams that they must transform both their own modus operandi and the workplace in general. Rather than being a mere support department, HR must be a visionary within the company who leads wider digital transformation programs.

    In order to ensure employee training or recruitment of the best candidate for the organization, the HR along with the Manager must see the bigger picture. For them to achieve this, they need to be aware of the most recent digital tools that will guarantee positive results. The impact of technologically sophisticated HR leaders on business results and employee satisfaction is likely to be significant if they keep an open mind to new platforms and ways of working. Achieving a digital workplace is the responsibility of HR leaders, who need to bring talent together with innovative approaches to enhance employee and customer experience.

    As the business sphere continues to undergo a digital transformation, companies should align their strategic vision with HRM philosophy. Digital technologies are transforming HR processes in all areas, as they prove to be helpful tools in enhancing HRM efficiency and effectiveness. Regardless, a proper combination of HRM practices and organizational culture is crucial to cope with a much more complex environment and competition.

    Digital technologies must be integrated into HR policies and practices in order to benefit all employees and must not only be evaluated in terms of their effectiveness and efficiency, but also in terms of perceived equity and fairness.

    How Traditional HR is evolving to meet the needs of the modern workforce where our employees are engaged, connected, and inspired to contribute towards organizational excellence & is based on the following core principles:

    1. Organizational business partners

    This involves ensuring that all HR processes are aligned with the overall business strategy and that employees can achieve their full potential through practical training and development programs.

    2. Data-driven decision making

    This means working closely with senior management to identify and address critical business issues and supporting decision-making.

    3. Optimized operations

    This includes using technology to automate routine tasks, such as payroll and employee onboarding, to improve efficiency.

    4. Championing employee engagement

    This entails creating a positive work environment that encourages employees to be actively involved in their work and contribute to their team’s success.

    5. Shaping a more progressive, inclusive, diverse, and resilient work culture

    This incorporates promoting diversity and inclusion in all aspects of the workplace and creating training programs that help employees deal with challenging situations.

    6. Prioritizing holistic well-being and growth of employees

    This includes implementing wellness programs that promote physical and emotional health and offering opportunities for professional growth and development to help employees reach the zenith of success within the organizational pyramid.

    Conclusion

    Digital and technological innovations have changed the way we live, work, and do business and even how human resources (HR) functions operate. To stay ahead of the curve and enable their people to be successful in this new environment, HR leaders must embrace human centricity, placing people at the hearts of the organizations.

    There has been a paradigm shift in the status quo of traditional HR as HR roles have evolved to bridge the gap between vital operations within the organization and how the organization is seen, perceived, received, and reciprocated by the external world.

    The advancement of HR capabilities augments an organization’s omnichannel reputation management – holistically elevating its value in the eyes of customers, investors, stakeholders, and employees.

    Organizations adopting these radical changes will be well-positioned for success in the years ahead.

  • A Complete Guide for HR Outsourcing

    Human resources are undoubtedly the most valuable asset a company can have. HR outsourcing is an emerging trend in multiple industries post-2020 global pandemic. For many businesses, spending time, money and energy on internal human resources seems counterproductive. Monthly tasks like payroll and tracking hours eat into time that could be spent on company growth. Management is essential for the success and long-term growth of any business. HR outsourcing companies can manage all sorts of critical human resources and handle some or all of the company’s HR tasks.

    The HR department was overworked and tired due to the constraints posed by the COVID-19 pandemic. The idea of ​​outsourcing HR activities came about to relieve HR teams from important but time-consuming tasks. If you’re considering outsourcing your human resources department, there’s a lot you need to know before finalizing the decision.

    This article will help you with all the necessary information that you require to outsource your HR department.

    What Does HR Outsourcing Mean?

    HR outsourcing is the practice of hiring third-party enterprises to handle the HR activities of a company and its administrative tasks. Human resources outsourcing can cover a broad spectrum of services, from day-to-day HR functions to long-term, strategic initiatives. In most cases, it is a contractual agreement between the organization and the third-party service provider where the organization transfers the responsibility of managing certain aspects of its human resources to an external entity.

    Which HR Functions Can Be Outsourced?

    The HR service provider provides almost all HR solutions but not all HR functions can be outsourced. Outsourcing functions can involve a loss of control and imbalance in the organisation. Therefore, it is good to know which tasks are worth outsourcing and which are not. Some of the HR activities that can be safely outsourced are:

    • Talent acquisition
    • Background and reference checking
    • Payroll processing
    • Time tracking
    • Performance management
    • Risk Management
    • Work Place Safety
    • Employment and Lobor Law Compliance
    • Employee counselling
    • Employee relations
    • Employee benefits administration

    How Does HR Outsourcing Help an Organization?

    Ideal for Small Businesses

    Most small businesses benefit from HR outsourcing. This saves money and time. For example, maintaining a full HR department may not be feasible for a small business.
    Hence, taking the services of a Professional Employer Organization (PEO) may be the best option. A specialist PEO can take care of all the HR functions required by a small business, including payroll compliance, benefits and evaluation, and compliance with labor laws and regulations.

    Enhances Efficiency

    Outsourcing HR functions can improve the efficiency of the business. Many human resources functions require specialized knowledge, such as formulating employee policies and developing payroll.

    Outsourced HR has a centralized HR portal where employees can quickly access all their information, upload documents, and get a clear understanding of company policies. This allows the company managers to ditch the paperwork and instead focus on crucial revenue-generating tasks and analyse employee performance for better outputs. Thus, all employees in the company function at peak efficiency doing core business tasks while the outsourced team manages the HR functions.

    Laws and regulations relating to human resource practices change regularly. Therefore, it can be difficult for companies to keep track of all such changes. Professional HR consultants come with a large experience in managing legal matters. Moreover, updating employee policies and benefits according to the revised regulations and industry-standard is vital but tiresome. These activities require hours of research and understanding of the complex legal scope. Outsourcing professional HRs shields the employer from sticky legal situations such as investigations, disciplinary actions, and complications that may arise with certain employees.

    Streamlines Recruitment Process

    The most important block for any organisation is a skilled employee. Talent recruiting requires years of experience and an in-house HR team may not have all the attributes of good HR management. HR agencies work closely with professional job portals and are better placed to find talent than the in-house HR department. These agencies allow the organization access to a wider and more qualified talent pool. As a result, companies can choose from a broader spectrum of experienced and highly skilled people.

    Talent recruitment agencies are more in line with industry standards in terms of benefits and compensation. Organisations can rest assured that recruiters are neither underpaid nor overpaid which directly impacts and helps to ensure employee satisfaction and retention.

    Helps to Focus on Core Competence

    As a business grows, the focus shifts from core to peripheral areas like HR. With outsourcing HR functions, companies can return to what they can do best, which is their core competency. It is most beneficial for companies to outsource their non-core competencies and focus on the more strategic aspects of HR such as new program creation, competencies, performance management and workforce management. By outsourcing, companies may allocate their efforts toward more strategic initiatives.

    What Are the Drawbacks of HR Outsourcing?

    Data Security at Stake

    Whenever HR functions are outsourced, sensitive employee information, social security numbers, and bank account details are exposed to risk. In addition, there can be the possibility of data leakage, data theft, or data loss due to server failure.

    Lack of Control

    Businesses employing a third-party enterprise to deal with HR issues may develop a barrier between the employer and employees. HR staff knows what makes your employees happy and how your workplace operates. As a result, organizations may lose direct contact with their employees, leading to communication gaps and employee dissatisfaction.

    No Cost Limits

    One of the biggest disadvantages of outsourcing HR is to balance cost and performance quality. Finding a quality HR provider within your budget is a struggle. Budget issues are one of the most difficult issues to deal with in international business.  One can hire an affordable HR service provider, but there’s always the risk of decreased performance quality which directly affects the business and may have to suffer a loss.

    Lack of Customized Services

    HR agencies can offer efficient HR solutions, but they may not be good at providing customized solutions. If a company needs a unique organization-specific HR policy, outsourced firms may not do that efficiently. They usually offer a standard service for most of their customers. For company-centric policies and hiring procedures, they may ask for additional charges.

    Conclusion

    Several companies are offering outsourced HR solutions. You may want to outsource the entire HR department or a single function; choose the HR expert and agency per your need, budget, and compatibility.  By having someone else handle all of the paperwork and administrative tasks associated with HR, your HR team can focus on its core functions.

    FAQs

    Is outsourcing HR a good idea?

    Outsourcing is considered an effective exercise in cost and time management, especially for small businesses.

    What do HR Outsourcing companies do?

    These companies offer HR-related services to their clients. Companies often resort to outsourcing their services when they cannot conduct those functions competently in-house.

    HR Outsourcing handles important but complex services pertaining to human resources like payroll processing, recruitment, training, benefit plan management, and more.

    Which are the Best HR Outsourcing Service provider for Small Businesses?

    Companies such as CoAdvantage PEO, Bambee, Zenfits, Workday, and Trinet are best suited for small businesses.

    Which are the leading HR Service provider companies?

    Rippling, Paychex, ADP, Insperity, Engage PEO, G&A Partner, and Tandem HR are leading HR services providers in the market.

  • Why Is CBNITS One of the Best Software Services Companies in Kolkata?

    These days, technology and, more specifically, software development is crucial to the development of new ideas and the advancement of businesses and startups. The city of Kolkata, which is said to be the IT capital of Eastern India, is allowing for an unconstrained path regarding technological advancements. It can be challenging to choose the best software service provider from the many that have a base office in Kolkata.

    But not to worry because CBNITS, a leading provider of enterprise solutions and IT services, is the best of the best. On July 4, 2018, CBNITS India Private Limited, a private corporation, was established in Kolkata, West Bengal and is an organisation that strives to help a company transform and reach above and beyond with their digital solutions.

    But why is it the best software service company, you might ask. Numerous elements make them outstanding, such as their cutting-edge technologies that enables businesses to meet the obstacles at every stage of growth. But that’s not all; let’s dig a little further and discover why CBNITS is among the top providers of software services in Kolkata.

    What makes CBNITS unique?
    What Domains does CBNITS Specialise in?

    What makes CBNITS unique?

    Easy Solutions for Early-Stage Companies

    CBNITS claims to assist you in bolstering your IT foundation and realising new opportunities that enable quicker growth with its team of over 300 skilled cybersecurity experts, cloud engineers, expert-level software engineers, UX/UI designers, and data scientists.

    Back Startups up with excellent Software Support

    CBNITS is designed to provide you with the greatest ERP Solutions, support you as you move your project ahead, and help you thrive. This includes the initial idea to execution, ongoing support, and managing business growth.

    Overcoming The Skills Gap

    Is your company not particularly technically inclined? No issue! Because CBNITS knows where to put the right people for the right project with amazing skills and talent tailored to your needs.

    Cutting-Edge Technologies

    The engineers at CBNITS are skilled and experienced in advanced techs like Big Data & Hadoop, Cybersecurity, Blockchain, Data Science, AI & Machine Learning, IoT & Connected Devices, Software Development, SAP, DevOps & Infrastructure, Mobile & Wearables, UX/UI and Cloud Solutions which can help you and your firm touch the skies.

    What Domains does CBNITS Specialise in?

    CBNITS Logo
    CBNITS Logo

    Healthcare

    Health professionals and patients looking for help frequently use Teamwellness as a platform. The software simplifies the medical facility by connecting patients and practitioners for an online consultation. From start to finish, the patients and practitioners can do everything whilst sitting at home.

    The entire platform has been built by the company’s designing team using CSS and HTML and is available on iOS and Android. The technology used to make this platform includes Read Native, AWS, MySQL, CSS, Bootstrap, React, Node and HTML.

    The app allows the patients to select a medical speciality, view the doctors’ profiles and portfolios, view availability on calendar requests and make an appointment, schedule an appointment, view booking status, acquire confirmation and review and make payments.

    The app allows the practitioners to add medical experience and education, send meeting URLs, receive payments, and much more.


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    Cyber Security

    Businesses can securely communicate confidential papers with anyone within or outside the firm, thanks to the SaaS application from i2Chain. In accordance with GDPR and CCPA privacy rules, i2Chain enables banks, hospitals, accounting firms, mortgage companies, and others to securely transfer their IP, PHI, and PII with co-processing businesses. The zero-click technology from i2Chain protects documents with encryption, rules, and immutable audit logs. It is also independent of the type of cloud and storage used.

    This platform was built using Electron, Node, Cryptography, AWS Cognito, React, and Blockchain technologies.

    EdTech

    Both parents and students can utilise the site, which is adaptable for all platforms and gives them access to their courses and assignments. Additionally, there is a forum section where users can talk with other students and teachers about their assignments and classes.

    The dashboards allow parents to see their child’s progress.

    The platform has a number of secure payment gateways, including Stripe, credit card, PayPal, and others, to make it simple for students to pay and for instructors to receive payment.

    This platform was built using Node, AWS, React, CSS and HTML technologies.

    HR Tech

    To assist professionals, this platform uses machine learning and artificial intelligence by identifying their formula for professional growth and success. The behavioural skill level and in-depth analytical report of all users within the company are provided by the artificial intelligence and machine learning analytics, along with 16 free personality factor assessments, to help users identify their potential, suitability, and areas that need improvement.

    The platform is easy to use, responsive on all platforms and highly secure and was built using Tiger Graph, Javascript, React Native, CSS, Java Spring, AWS RDS and HTML technologies.

    E-Commerce

    The platform was created by the engineers at CBNITS to enable the delivery of everyday things and household goods to your home. You can select from three possible user options, namely, admin panel, buyers, and sellers. The Seller must sign up and list all relevant information about their products on the platform. Customers can browse products, add them to carts, and check out. Customers who have purchased things have the option of leaving reviews. The admin will be in charge of maintaining the platform’s overall functionality.

    The technologies used to create this platform include Node, Bootstrap, AWS, MySQL, React, CSS, and HTML.

    Conclusion

    Now you know why CBNITS is one of the best software services companies in Kolkata. With over seven years of experience and 1000 projects in over 20 countries, CBNITS has everything you might need to grow your business.

    FAQs

    Who is the founder of CBNITS?

    Rajdeep Bose & Naveen Chand Bachkethi are the founders of CBNITS.

    When was CBNITS founded?

    CBNITS was founded in 2018.

    What Domains does CBNITS Specialise in?

    Major domains for which CBNITS provides software solutions are:

    • Healthcare
    • Security
    • EdTech
    • HR Tech
    • E-Commerce

    How many employees does CBNITS have?

    CBNITS has 200-500 employees.

    What is the revenue of CBNITS?

    The operating revenue of CBNITS ranges from INR 1 Crore – 100 Crore annually.

  • Top 6 Applicant Tracking Systems to Look For in 2022

    We earn a degree, develop our skills and start looking for jobs. All we do is make our resume, send it to a company and wait for their response.

    This is all the work that a person does as a potential employee. But it is not only about a single person. There are tons of people out there who are doing the same.

    The companies hire HR employees to deal with the recruitment processes. There are huge companies that have many existing employees and receive tons of applications from new candidates.

    Did you ever wonder how these big companies are able to manage this process? Thanks to technology now they have applicant tracking software. These help them in organizing various hiring needs electronically.

    Applicant Tracking System – Overview
    Top Applicant Tracking Systems in 2022

    1. Talent Recruit
    2. Workable
    3. SAP SuccessFactors
    4. Zoho Recruit
    5. Greenhouse
    6. HRMantra

    Applicant Tracking System – Overview

    It refers to a software application that enables the computerized conduct of hiring needs. It is like a database for the candidates for a job. This helps the employers to keep track of the entire hiring process of many candidates.

    It makes the process electronic and more effective. With this system, a job is created and then posted on the job page. Here the interested candidates apply. After receiving the applications, these get screened and ranked as per the company’s requirements. The selected candidates are then interviewed. At last, the best talent gets hired. Hence, this computerized process makes hiring simple and efficient for employers.

    This system is applicable for both big and small businesses. They can install it according to their needs. This software is of an extensive range. It can provide simple functionality of the database. Also, it has the capability to provide tools for the entire hiring process.

    This enables businesses to manage and analyze the applicants according to their company size and needs.

    How Applicant Tracking System works?

    Top Applicant Tracking Systems in 2022

    The hiring process holds great importance for any company. Every company does have an HR team to handle this. But in these fast-paced times, it gets quite difficult for recruiters to handle the entire process manually. So, now we have applicant tracking systems to solve this issue.

    Here are some top names of applicant tracking systems in 2022:

    Talent Recruit

    Talent Recruit - Best Applicant Tracking System
    Talent Recruit – Best Applicant Tracking System

    This system was born in India. It provides an end-to-end platform, where the organizations can hire candidates with an automated system.

    Talent Recruit is a cloud-based system that works on machine learning and artificial intelligence. This platform adds intelligence, analytics, and automation to the hiring process. Thus, makes the process easy and efficient for the companies.

    It offers many features. For example- application management, resume database, interview management, and many more.

    Some of its popular customers are Monster India, SHRM, Ness Digital Engineering, etc.

    Workable

    Workable - Best Applicant Tracking System
    Workable – Best Applicant Tracking System

    It started in Greece. This is an amazing recruiting software that ensures great talent for an organization. Many of the best companies in the world have relied on it for hiring their employees. Being reliable, and up-to-date it is a popular system in 2022.

    The system enables you to post a job on more than 200 sites in one click. It helps to forward the right candidates. This ensures the best applicant gets hired. All this removes the manual work of interview scheduling, getting approvals, and more. The whole process is automated and thus, makes it time-saving and cost-effective.

    It offers various features for organizations. For example- application management, background checks, interview management, employee management, etc.

    Its customers include IBM, invision, moodle, etc.

    SAP SuccessFactors

    SAP SuccessFactors - Best Applicant Tracking System
    SAP SuccessFactors – Best Applicant Tracking System

    It is an American software company. It is a cloud-based talent management system. This offers data-driven tools and strategies for the entire employee lifecycle. This lifecycle involves a complete process from hiring to retiring.

    Its tools enable the companies to track the process of recruiting, onboarding, and also employee performance. It is powered by automation and embedded intelligence. This helps to make a shift from a manual hiring process to an automated process.

    The system provides many features. For example- sourcing, scheduling, screening, onboarding, performance and compensation management, sales performance management, etc.

    Many big companies have invested their trust in this system. These include Sephora, Whirlpool, and more.

    Zoho Recruit

    Zoho Recruit - Best Applicant Tracking System
    Zoho Recruit – Best Applicant Tracking System

    Zoho Recruit is considered one of the most economical systems, based in India. It provides automated recruiting solutions for the companies. With its cloud-based technology, it makes the hiring process better and effortless.

    It helps to source the best talent, check their backgrounds, schedule interviews, also helps in sending offer letters. This makes the end-to-end hiring process automated.

    Zoho Recruit offers various features for the recruiting process. For example- applicant tracking, background screening, approval process control, contact database, customizable templates, etc.

    Some its customers are Eventful Inc., Tutor Doctor Inc., etc.


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    Greenhouse

    Greenhouse - Best Applicant Tracking System
    Greenhouse – Best Applicant Tracking System

    It is an American ATS startup that offers hiring software as a service. It provides the companies with technology for their recruiting process. It enables them to optimize every aspect of hiring. It builds an ideal hiring tech stack to make the process easy and effective.

    It automates all the tasks involved in the tracking of an applicant. These include sourcing candidates, application review, screening, interview scheduling, etc.

    They offer various services for recruiting. For example- application review, interview planning, analytics and reporting, onboarding module, candidate experience, etc.

    It has many big names as its customers. These include Airbnb, HubSpot, Casper, and more.


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    HR departments uses time & attendance software to make employee attendance tracking easier. Here are listed some best Time & Attendance Software.


    HRMantra

    HRMantra – Best Applicant Tracking System

    This is another popular applicant tracking system. It came into existence a long time ago. But its progress and inclusion of the latest features make it one of the most desirable systems.

    It has so many features that it’s considered the most dynamic HR and payroll software in the world. It simplifies and automates the full process of hiring that is from hire to retirement.

    This is a tried-and-true system that continues to hold a good place in 2022. It comes with around 160 features. For example- HR and Payroll, document management, bonus and loans management, audit trail, exit management, and more.

    Some of its customers are Palsons Derma, SoftwareSuggest, etc.

    Conclusion

    Every organization whether big or small needs an HR team for the hiring process. HRs play an important role in sourcing, screening, and hiring candidates. With fast-paced times, handling this entire process manually is becoming quite tough and time-consuming. So, many companies are now adopting applicant tracking systems for it. These systems bring technology into the hiring process. It makes the process automated, easy, time-saving, data-driven, and efficient.

    At present, there is various ATS software available in the market. Greenhouse, Workable, Talent Recruit, Zoho Recruit, etc. are some of the popular choices. These systems make recruitment better and more powerful for the organizations.

    FAQs

    What is Application Tracking System?

    The Application Tracking system is a software application that enables the computerized conduct of hiring needs like – Collecting information about candidates, organising applications, and tracking their application.

    What is the best Application Tracking System?

    Some of the best Application Tracking Systems are:

    • Talent Recruit
    • Workable
    • SAP SuccessFactors
    • Zoho Recruit
    • Greenhouse
    • HRMantra

    Why do companies use ATS?

    An applicant tracking system (ATS) helps to manage and automate hiring and recruitment practices for an organization.

  • 5 Best Time & Attendance Software in 2022

    Companies and HR departments utilise time & attendance software to make time tracking easier. These solutions automate the calculation of all hours worked and vacation time, holidays, sick days, and overtime to manage company time and attendance data. Clocks, the web, tablets, and phones, to name a few, are all options for logging in and out with time and attendance software. Additional capabilities, like scheduling and visibility into overtime causes and patterns, may be available with some solutions. Meanwhile, some time and attendance software include employee self-service portals that allow employees to see full timecard details.

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    There are numerous platforms to pick from and multiple services to choose from. Let’s take a look at five different times and attendance software.

    5 Best Time & Attendance Software

    1. OnTheClock
    2. Time Tracker by eBillity
    3. When I Work
    4. Replicon’s Time and Attendance Software
    5. StratusTime

    Conclusion
    FAQs

    5 Best Time & Attendance Software

    Here are listed some of the best Time and Attendance Software with pricing.

    OnTheClock

    OnTheClock - Best Time & Attendance Software
    OnTheClock – Best Time & Attendance Software

    Without breaching worker privacy, OnTheClock gives you complete access to where your techs or reps are in real-time and where they’ve been during the workday.

    OnTheClock’s GPS time clock allows your employees to check in and out of each working site using their mobile smartphone or an approved device. You can also use the breadcrumb feature to see if workers are keeping to their schedules and arriving at the job location on time. You may also use geofencing to ensure that employees only clock in when they are physically present at the place and drop pins for punch-in locations for jobs that are more remote or in-between areas.

    Plus, with custom-defined employee roles, you can make it easy for your team members who wear multiple hats in the field to swap jobs without clocking out.

    OnTheClock Pricing

    • 1–2 employees: $0.00 (free)
    • 3–10 employees: $3.50 per month per employee
    • 11–25 employees: $3.45 per month per employee
    • 26–50 employees: $3.40 per month per employee
    • 51–100 employees: $3.35 per month per employee
    • 101–200 employees: $3.30 per month per employee
    • 201–300 employees: $3.25 per month per employee
    • 301–400 employees: $3.20 per month per employee
    OnTheClock – Best Time & Attendance Software

    Time Tracker by eBillity

    eBillity's Time Tracker - Best Time & Attendance Software
    eBillity’s Time Tracker – Best Time & Attendance Software

    eBillity’s Time Tracker is a time tracking software for time management, payroll, and billing. The software promises to automate the time management process by allowing employees to clock in and out using digital time cards that the employees may utilise from numerous locations. It will enable you to schedule breaks easily and update timesheets, allowing you to make adjustments before submitting them for payroll. Managers can also use GPS tracking to track their employees’ whereabouts.

    The system is cloud-based and accessible via the web or mobile apps for Android and iOS. It also creates automatic backups to ensure that you don’t lose your data if your internet connection is lost.

    Managers and business owners can use analytics to run reports to assess efficiency and effectiveness.

    There’s also a billing and invoicing function to automate spending and interact with Stripe for payment processing. Several connectors support this and the possibility to offer legal document services.

    There is a standard fee per user for the basic time management plan. However, there is an additional charge if you want to use the billing service. There is a 14-day free trial available as well.

    Time Tracker Pricing

    Time Tracker: $7.5 with a $12.5 per month base fee ($6 with a $ 10-month base fee if billed annually).

    Time Tracker + billing: $12.5 with a $22.5 per month base fee ($10 with an $ 18-month base fee if billed annually).

    Liability: $30 per month with no base fee ($24 with $ 0-month base fee if billed annually).

    When I Work

    When I Work - Best Time & Attendance Software
    When I Work – Best Time & Attendance Software

    When I Work is a tool that attempts to make time management and payroll as simple as possible. It is cloud-based, allowing convenient access via an Android or iOS smartphone app. And, what’s more, it has a couple of highly appealing characteristics.

    One of these is that, while the app allows for clocking in and out, When I Work geofences, this only works in a specific location, requiring an employee to be physically present. It also sends out reminders to employees if they forget to log out, which helps avoid misunderstandings and errors that might impact payroll.

    A typical scheduling tool is also available to manage shifts, organise overtime, approve time-off requests, and keep track of spending.

    Then there’s a communications platform built-in, so managers and staff can talk confidentially about shift availability and scheduling.

    When I Work Pricing

    When I Work costs $2 per user for the first 100 users. A customised Enterprise plan can be created for groups of more than 100 users.


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    Replicon’s Time and Attendance Software

    Replicon's Time and Attendance software - Best Time & Attendance Software
    Replicon’s Time and Attendance software – Best Time & Attendance Software

    Replicon’s Time and Attendance software are one of the company’s many productivity and efficiency software platforms. It’s aimed particularly for companies with a dispersed staff that would be difficult to manage with a single system. This covers full and part-time employees and remote employees, contractors, and field workers, who may all be handled through a centralised cloud system.

    The service can handle all aspects of time monitoring, including clocking in and out, taking breaks, and tracking activities. It also handles absence management, including a self-service time-off option, shift assignments and scheduling, and availability.

    Everything can be brought together for payroll, even if pay and tax codes differ, making team productivity and labour expenses easier to manage.

    Employees can request shift changes and raise questions via a mobile app managed via a web portal. A chatbot is included in the communications platform to talk through availability and eligibility and answer basic queries as needed.

    Replicon’s Time and Attendance Software Pricing

    There is a free trial, but the costs and plans are not fixed and have not been disclosed by the company.

    Time and Attendance software by Replicon

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    StratusTime

    StratusTime - Best Time & Attendance Software
    StratusTime – Best Time & Attendance Software

    Nettime Solutions’ StratusTime attendance management technology strives to provide accurate hours logging for salaries and time-keeping. It can be accessed from any device because it is a cloud-based solution. Stratustime is accessible 24 hours a day, seven days a week, from cellphones to office computers. Stratustime is adaptable, with plans and services for businesses of all sizes. This means it can scale with your company as it expands and hires additional staff.

    Employees can log in and clock in in various ways, including the typical single-point kiosk or several point-of-service systems on the shop floor. You can also track employees and their hours worked and wages due to recognise and resolve any possible issues swiftly.

    The system connects with various HR and payroll software systems, making it simple to guarantee that data is collected and transferred as needed. Prime Pay, Execupay, Ascentis, Abra, Pensoft, and ADP are some of the payroll systems it works with.

    The benefit is that manual data entry is reduced to a minimum by automating as much as possible.

    StratusTime Pricing

    Stratustime is relatively reasonable, even though the exact costs and plans aren’t disclosed on the internet. Employees can be paid as little as $4 per month. You can cancel if you’re unhappy at any moment because there are no long-term contracts.

    Stratustime – Time and Attendance Software

    Conclusion

    A small startup team’s time and attendance requirements and a mid-market company with 100 workers are not the same. It’s critical to pick an appropriate solution for your company’s size.

    There are numerous factors to consider in this situation. Some systems bill you based on the number of people on your team. You might even have to pay extra for items like key FOBs and ID cards.

    If you’re starting with a small firm, make sure you pick a system that will scale with you as your company grows. You won’t have to switch plans as you hire more staff or open more locations this way.

    FAQs

    What are the benefits of time and attendance software?

    Time and Attendance software are used to ensure accuracy of employee’s time and attendance, leaves, and absence requests.

    Which are the Best Time & Attendance Software in 2022?

    Some of the Best Time & Attendance Software in 2022 are:

    • OnTheClock
    • Time Tracker by eBillity
    • When I Work
    • Replicon’s Time and Attendance Software
    • StratusTime

    Is there a free version of When I work?

    When I Work offers a fully featured, free 14-day trial.

    What is Replicon Time and Attendance application?

    Replicon’s Time Intelligence Platform offers solutions for Time & Attendance Tracking to improve operational productivity, performance, and profitability.

    What is Stratustime?

    Stratustime is a cloud-based software solution for time and attendance tracking. It also offers payroll integration.

  • Best Professional Employer Organization (PEO) Service Providers in India in 2023

    PEO Service has been around for a while, but many people aren’t sure what it stands for, what its benefits are, or how it works. However, in recent years, several different Professional Employer Organization (PEO) service providers have expanded their reach, contacting and delivering useful services to a large number of firms in India.

    However, before we can take advantage of PEO Service Providers, we must first grasp what PEO is and how its business model works. Here in this blog, we will explain PEO, how it works, and some of the best PEO Service providers in India in this article.

    What is a Professional Employer Organization (PEO)?

    A Professional Employer Organization (PEO) is a company that provides HR outsourcing services to small and medium-sized businesses. PEOs act as co-employers, taking on certain HR responsibilities, such as payroll processing, employee benefits administration, tax compliance, and risk management, on behalf of their client companies.

    As per the National Association of Professional Employer Organizations (NAPEO).

    PEOs enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll, and workers’ compensation

    PEOs were initially introduced in the United States of America in response to a dearth of qualified employees for small businesses, which was causing them to lose ground to larger corporations. To address this problem, they would hire workers through a process called co-employment. As a result, local businesses thrived and profited greatly, and the PEO concept drew a large number of people and became quite popular.

    What is Professional Employer Organization?

    How Does The PEO Model Work?

    The PEO (Professional Employer Organization) model works by establishing a co-employment relationship between the PEO and the client company. Under this arrangement, the PEO becomes the “employer of record” for tax and regulatory purposes, while the client company retains day-to-day control over its employees. Here’s a general overview of the PEO model:

    1. Contractual Agreement: The client company signs a contract with the PEO, which outlines the HR services to be provided by the PEO and the responsibilities of each party.
    2. Co-Employment Relationship: The PEO becomes the “employer of record” for tax and regulatory purposes, taking on responsibilities such as payroll processing, employee benefits administration, and HR compliance. The client company retains day-to-day control over its employees.
    3. Shared Responsibilities: The PEO and the client company share certain HR responsibilities, with the PEO handling tasks such as payroll processing, employee benefits administration, and HR compliance, and the client company retaining responsibilities such as setting company policies and managing employee performance.
    4. Cost Savings: By outsourcing HR functions to a PEO, businesses can access a range of HR services and resources at a lower cost than if they were to handle these functions in-house.

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    What Does Professional Employer Organization (PEO) Do For Business in India?

    Knowing that the PEO is handling all of the employee management and administrative needs, one can focus on their goals and build their firm with ease. Following are some major functions of a PEO in India:

    1. Paychecks and Tax Preparation- Salary processing is handled by PEOs, who can also pay local, state, and federal hiring taxes in some situations. Many even combine salary and timesheets, reducing data input duplication and mistakes.

    2. Regulations- PEOs often have regulatory professionals on staff that can assist you in avoiding huge fines. Tax rate law and reporting requirements, insurance schemes, workers’ insurance, recruiting and HR regulation may all be areas of competence for them.

    3. Risks and Security- Safety audits and skills training are occasionally provided by PEOs. Investigations by the Occupational Safety and Health Administration (OSHA) may also require their assistance.

    4. Assistance with Human Resources- In many circumstances, a PEO has Human resource professionals on staff who can assist with HR issues. If a business has such an in-house Human resource representative, the PEO will collaborate with them on a tactical and operational level.

    5. Management of Talent- Recruitment and targeted employment, staff training and participation, and reward systems are all services provided by some PEOs.

    Advantages of PEO

    Following are some of the major advantages of hiring a PEO.

    • Saves Money- When a business is using PEO services, it is saving money and other assets as it doesn’t have to hire a different team for hiring employees, taking care of their needs, and maintaining the work. The PEO does this for the business, hence saving money, time, and effort.
    • Saves Time- By taking care of all the employees work, all the administrative work, and documentation, PEO saves time for the company, and that time can be used for different needs, thus helping in expanding the business.
    • Better Employment Process- PEOs manage most of the human resource management work, allowing companies to concentrate on brand and personnel management to enhance the quality of work life.
    • Improved Employee Perks- Benefits packages, such as health, are frequently negotiated by PEOs.
    • Efficient Procedures- Organizations should expect more efficient administration and HR procedures when they use PEOs.

    Disadvantages of PEO

    Following are some disadvantages of hiring a PEO service provider in India.

    • Loss of Command- Command over certain procedures in one business can be compromised due to an outer company’s influence on the staff and the working culture.
    • Loss of Inner HR Management- Businesses’ HR departments suffer a loss of importance when they hire PEOs. This could cause issues after the PEO is no longer associated.
    • Loss of Privacy of Paperwork- There is a loss of privacy when it comes to employee papers. Employers who use PEOs are usually required to provide the majority of company worker documentation. This could raise security vulnerabilities.

    Best PEO Service Providers in India in 2023

    Small and medium-sized businesses in India are facing an ever-increasing number of HR challenges, from compliance with labor laws to the administration of employee benefits. As a result, many businesses are turning to Professional Employer Organizations (PEOs) to help manage these HR functions. Here, we will examine the best PEO service providers in India, exploring their services and pricing. Whether you’re a small business looking to streamline HR processes or a medium-sized business looking for cost-effective HR solutions, this blog will provide you with the information you need to choose the best PEO for your business.

    Following are some major PEO service providers in India.

    1. Horizons
    2. Sky Executive
    3. Global PEO Services
    4. Husys

    Horizons

    Company Name Horizons
    Website Nhglobalpartners.com
    Industries Financial Services
    Type Privately Held
    Headquarter Singapore
    Founded 2018

    Horizons – Best PEO Service Providers in India

    Horizons (formerly New Horizons Global Partners) is a world-renowned PEO that can also fulfil the demand in India as a PEO. Horizons takes care of your business’s payroll, employee taxes, and compliance obligations in India. By leveraging this approach, you can start doing business in India quickly and conveniently with no need to create a separate subsidiary firm – saving both time and money.

    Horizons can help a business enter the Indian market quickly, hire employees or groups on its account, and handle all bureaucratic and regulatory difficulties.

    Sky Executive

    Company Name Sky Executive
    Website Skyexecutive.global
    Industries Human Resource, Recruiting
    Type Privately Held
    Headquarter Pune, India
    Founded 2018

    Sky Executive - Best PEO Service Providers in India
    Sky Executive – Best PEO Service Providers in India

    Sky Executive has ample experience assisting overseas businesses with their expansion into India. Sky Executive, is one of the best PEOs based in Pune, India, assists businesses in establishing operations in the country. It enables businesses to transfer divisions, products, or activities to a qualified and experienced workforce in India and reap the benefits of huge cost savings.

    Sky Executive provides its services such as office setup, hiring new employees, conducting payroll, general management of employees and corporate taxation. That makes it the ideal partner for businesses requiring assistance in managing staff in India.

    Global PEO Services

    Company Name Global PEO Services
    Website Globalpeoservices.com
    Industries Human Resources Services
    Type Privately Held
    Headquarter Salt Lake City, UT
    Founded 2017

    Global PEO Services – Best PEO Service Providers in India

    Global PEO Services (GPS) is one of the top Professional Employer Organizations in India, allowing businesses to hire staff in India without needing to set up a legal entity. Global PEO Services takes care of all human resources, benefits, payroll, and tax needs for the employees, so that the new hires and headquarter teams can focus on their business goals. Opting for Global PEO Services is the quickest way to set up a workforce in India.

    Husys

    Company Name Husys – A People2.0 Company
    Website Husys.com
    Industries Human Resources Services
    Type Privately Held
    Headquarter Hyderabad, Telangana
    Founded 2002

    HUSYS - Best PEO Service Providers in India
    HUSYS – Best PEO Service Providers in India

    Husys, the top PEO service provider in India, specializes in developing and managing HR systems for small and medium enterprises (SMEs). Since 2002, they have provided HR services to more than 3000 organizations via cost-efficient solutions. Husys, with its experienced and dedicated human resources team, has gained expertise in managing HR functions such as consulting, recruitment, employer of record services, business incubation, outplacement personnel solutions, organizational competency development and talent acquisition.

    Husys claims to offer the greatest experience and authentic HR services to employees in accordance with Indian labour laws. Husys’ highly qualified experts will look after the personnel, as well as any documentation and risks.

    Conclusion

    PEOs can be of significant assistance and benefit to a company’s growth, particularly if the company is small and needs to acquire competent personnel while saving time and money in order to expand. It is up to the client and their type of business, as well as their plans for expansion. There are numerous options and PEOs available to assist them in reaching their objectives. By choosing the right PEO service provider in India, businesses can focus on their core operations while leaving the HR management to the experts.

    FAQs

    Why is PEO important?

    New enterprises can use PEOs to increase sales and efficiency, emphasize on its main objective, and expand business.

    Who employs the services of a professional employer organization (PEO)?

    Several organizations use PEO services. Some of them are:

    • Accountancy companies
    • High-tech corporations
    • Local businesses

    What does a PEO charge?

    A PEO (Professional Employer Organization) typically charges a fee based on a percentage of the total payroll for the employees it is managing. The exact percentage can vary depending on the size of the business, the number of employees, and the services being provided. PEO costs are estimated to be around 2-12 % of earnings, according to industry analysts.

    What services do PEO Service Providers offer?

    PEO service providers offer a range of HR services including payroll processing, employee benefits, compliance support, and more.

    Why should businesses use a PEO Service Provider in India?

    By partnering with a PEO service provider in India, businesses can access a suite of HR services, freeing up time and resources to focus on their core operations.

    What should businesses look for in a PEO Service Provider?

    When choosing a PEO service provider, businesses should look for a company with a proven track record of delivering high-quality HR solutions, a broad range of HR services, and competitive pricing.

    Yes, a PEO service provider can help with compliance and legal issues related to HR management, such as employment laws and regulations.