Payroll management is an essential component of every business enterprise. If the payroll management process is apt and accurate, a company can easily maintain its financial stability as well as keep the employees motivated. You should understand that payroll helps in improving the candidate experience. They tend to be more loyal and try to deliver […]
Category: HR Management
5 Employee Performance Evaluation Methods for HR Managers
The steady growth and development of your business depend on your employee performance. The HR team plays a significant role in honing up the skills of your employees. The HR team often uses employee performance reviews that further improve the recruitment process. If you wish to taste success and aim to take your business to […]
Top 3 Benefits of HR Software for Your Business
From hiring the best talent pool for the organization to timely and accurate payroll processing – the role of HR has broadened to incorporate strategic resource management, career growth, employee retention, culture, policy formulation, etc. An intuitive HR software like PeopleCentral can add value to businesses of all types by managing day-to-day tasks and reducing […]
4 Ways Human Resource Software Has Changed HR Management
The emergence of avant-garde HR technology solutions is essentially reshaping the concept of human resource management and opening up myriad opportunities for the industry. According to a study, the global HR market is poised to grow to $38.17 billion by 2027 – fuelled by team-focused management, mobile applications and powerful analytics. Initially developed as talent […]
AI and Automation in HR: Adoption and Future!
Artificial Intelligence and automation are empowering organisations to augment their HR capabilities, streamline time-consuming tasks and improve their functions. To add more value to their businesses, HR professionals are constantly experimenting with integrating AI into different fields of human resource management. Adopting AI-enabled systems and tools like PeopleCentral can help improve workplace learnings, stay compliant […]
5 Ways to Automate the Employee Onboarding Process
Onboarding is an integral HR function, crucial for the success of both new hires and the organisation. A strategically-defined onboarding process is important to help improve employee retention, boost engagement, and increase productivity. Unfortunately, only 12% of employees believe that their organisation has a great onboarding process in place. That means 88% of organisations do […]
5 Ways Artificial Intelligence is Reinventing Human Resources
The scope and applications of Artificial Intelligence has increased radically over the past decade, paving the way to reinvent Human Resources. Keeping pace with rapid technology advancements, AI can now streamline critical tasks such as reasoning, speech recognition, problem-solving and sensory perception. This can help support HR managers in performing tedious tasks such as hiring, […]
5 Reasons You Need to Automate Your Employee Onboarding
Do you know that automating employee onboarding can ensure higher retention, improved productivity and reduced costs? PeopleCentral is an all-in-one AI-enabled, intuitive platform that empowers HR teams with automated employee onboarding. Here’s why you should consider automating your employee onboarding: 1. Higher Employee Retention Did you know that a powerful onboarding process can increase employee […]
What are Gross & Net Wages? How Are They Calculated?
When it comes to payroll management, organizations and HR managers need to understand two important terms: gross pay and net pay. What are the differences and how are they calculated? Having an all-inclusive payroll solution like PeopleCentral can automate the payroll administration process and help compute gross wages and net wages. What is Gross Wage? […]
Popular Questions on How to Calculate Payroll Taxes
Understanding and computing payroll taxes is a complex task. Outsourcing payroll management or using an all-in-one intuitive AI-enabled platform like PeopleCentral may help significantly in payroll processing; however, as an employer, it is your responsibility to pay taxes. What is payroll tax? How to calculate payroll taxes? Which payroll taxes should the employees pay? Get […]