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Showing posts from June, 2022
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ORIOLEPay HRMS & PAYROLL MANAGEMENT Due to the numerous moving parts involved, payroll administration is a challenging task for Indian firms. Following the four statutory regulations—EPF, ESI, PT, and LWF—is one of the most crucial components of payroll. Since it requires several different actions, including as timely input, following deduction rules, and adapting to new needs, compliant activity is challenging to achieve. Spreadsheets, which seem to be user-friendly, are frequently used by organisations to manage payroll procedures. However, this suggests that everytime a new budget announcement or pay revision is made, someone must manually modify the equations to make sure that the right deductions are made and that no other dependent inputs are modified. Businesses can increase their productivity in this area by using HR and payroll software like ORIOLE Payroll. In addition to ensuring accuracy in calculations and deductions, it can respond quickly to shifting tax legisla...
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Employee dedication is a critical component of the organization's success. Employee attendance and time management are also important factors in determining an employee's commitment to the organization. HRMS provides an effective Attendance Tracking System for the firm (ATS). This fantastic tool allows HR professionals or managers to keep track of an employee's attendance and leave. It makes it easier for both parties to process requests. Managers may instantly access the leaves database with the aid of this integrated attendance system to identify an employee's total available leaves and accept or deny the request based on availability. Employees may also access this system, making the process more open. As a result, even staff have access to the reasons behind this. In most cases, corporations evaluate employee performance once a year and offer feedback just once a year. The employee must wait until their yearly review to obtain feedback on their performance and op...