Pros and Cons of Various HRIS Systems Research Paper

Pros and Cons of Various HRIS Systems - Research Paper Example Traditionally, HRIS is considered as an automated record keeping of employees and computerization of the payroll. However, it is now well established that HR managers with information system can greater role beyond the administrative jobs. Today the organizations are besieged with the cost burden. With increased cost competition, the companies have no option but to transfer the cost burden to the customers. Therefore, to maintain stability in the price of the products, the only option is to look within, i.e. cost minimization. Cost minimization without technology support is difficult (Walker, 2001, p. 135). Background of the report Big Boss Security Limited is a company that provides personal security for business executives and high ranking officials. The company has 150 employees. The human resource department has two HR staffs; one HR manager and one part-time employee. The company is facing some problems due to the small number of staffs in the HR department. However, the company does not have any plans to recruit HR personnel at this point in time. Therefore the company has decided to go for IT enablement of the Hr department by introducing HRIS. The system needs to be installed keeping the company objective and budget constraints in mind.   Therefore there is an existence of budget constraint. However, the company has got plans for future expansion. Therefore it is very important for the company to retain the talent and increase efficiency. HRIS Concepts HRIS is the systems to acquire, store, manipulate, analyze and interpret relevant information on human resources. It is not mere computer hardware or some customized standard HR software. It broadly includes people, policies and procedures and of course data. It does not limit the focus on automation of manual HR jobs like record keeping or payroll preparation. It is a service in the form of information. The nature of the information depends upon the user's needs. Users may not be limited to the HR depa rtment; it may even be an MD/President of an organization. For example, the finance manager of a company has to prepare an annual budget. Hence data on the aggregate compensation cost may be required. However, merely depending upon the headcounts may give an inaccurate result. But simulating this with factors like attrition rate, likely DA increase or decrease, absenteeism, man-days lost due to the IT related problems, increments, incentive, promotion, redundancy, etc. will most certainly ensure better projection. Similarly, even HR people may need that information for different purposes. There are different HRIS modules that are in the product profile of all HRIS vendors. There are products on recruitment and management, training and development, attendance, etc. Different HRIS Modules In this section several HRIS modules would be analyzed. Even though all major HRIS vendors provide manpower planning solutions, there are vendors providing exclusive solutions for the overall human r esource management functions. Based on the key organizational issues and objective some modules have been analyzed.

Business LAW Assignment Example | Topics and Well Written Essays - 2000 words

Business LAW - Assignment Example The main service offered by Acas is dispute resolution. Therefore, the organisation uses three main ways of resolving a disagreement between parties. The first one is conciliation. Conciliation occurs when the organisation tries to find out the issues that bring disputes between the parties. The reason for conciliation is to aid the parties to come to a mutual agreement in solving their differences. Therefore, conciliation seeks to give the parties in a dispute the room to evaluate their differing positions before coming to a conclusion. In conciliation, ACAS l meets both parties in private before bringing them together with an aim to rebuild the bruised relationship. In addition, any decision arrived at is legally binding upon the parties. In addition, ACAS uses arbitration. In arbitration, the parties in a dispute usually agree to involve a third party in case of a dispute arising to decide on the dispute and make any awards where applicable. ACAS is more informal in this, and it a voids formal processes that go on in courts such as formal pleadings and documentaries. Parties coming for arbitration in ACAS must first agree to take part (Gennard and Judge 2005). The agreement must be in writing outlining the issues to be negotiated. In addition, the terms of reference are determined by the disputing parties, and where they are not able, they are helped by an ACAS conciliator. The organisations are committed to good conduct and fairness with its decisions being final, and the awards given difficult to be challenged. Mediation is the third method used by ACAS, and it bears some similarities with arbitration. The major difference is that no awards can be got from mediation. The mediators usually take an active role in dispute resolution proceedings to help the disputing parties find solutions. After that, the mediators make recommendations to the parties, and it’s upon the parties to