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Human Resource Management Systems: Their Significance and Impact

Human resources activities extend well beyond running payroll and conducting interviews, a fact that today’s business owners and managers know all too well. An efficient human resource management system, or HRMS, is critical to a flourishing organization. Within the HRMS exists the highest level of activities within the human resources field. That’s why it’s so important to ensure that your HRMS is fluid, effective, and focused on the right goals. Here are five goals every human resources department should strive to attain.

5 Essential Features of Quality Human Resources and Payroll Systems

It’s common for businesses to use a variety of systems to carry out day-to-day operations. Of these systems, some of the most crucial are the payroll and human resources systems. From calculating salaries and deductions to storing application statuses and paying employees, these systems are the lifeblood of business. However, as important as these systems are, not all payroll systems are created equally. Here are five questions you should ask yourself when deciding whether or not a payroll system will make your human resources management process more efficient.

Ways to Detect & Prevent Payroll Fraud

Payroll fraud is a common occurrence, especially among small businesses. Misclassification of employees is one of the most common types of payroll fraud, especially as businesses strive for leaner staffing under the weight of new benefits laws. If your company is concerned about the accuracy of employee classification, payroll deductions, and similar aspects of payroll processing, don’t be. There are some simple ways to help make sure your company will withstand the test of a payroll audit.

Payroll Audits Put Small Employers on Edge

Small business owners know just how serious payroll processing is, and how important it is to make sure everything is accounted for in the event of a payroll audit. However, if you’re a small business owner, you also know that the ambiguity within the tax code can make it difficult to know which employees fall under each category. A payroll audit is serious business, but while preparing your tax information might seem daunting, it doesn’t have to be. Here are some preemptive actions you can take to ensure that, if you do get audited, you’ll come out of it unscathed.

Online Employee Management: Should Your Firm Follow the Trend?

In the digital age, it’s easy to believe that if you can automate and digitize a process, you should. When it comes to business tasks such as employee management, it would make sense to think that online employee management is one HR process worth adopting. However, as with all options, there are pros and cons to switching over. Before you take the plunge and follow the trend, here are some things to consider when deciding if online employee management is right for you.