247hrm | 247HRM - Part 5
 

Author: 247hrm

247HRM > Articles posted by 247hrm (Page 5)

There are infinitely many tax-saving solutions prevailing in the Financial Market which would aid you in saving tax. A tax-saving investment which as an investor you want to do must be done after carefully analysing all the solutions and then choose the best one which would help you in accomplishing your financial goal successfully. Under Section 80 C of the Income Tax Act, you can invest...

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When an employee resigns from his job or has been terminated from his post, his employee provident fund (EPF) account continues to be running and earns an interest till he applies for withdrawal of the fund or takes up a new job. However, for an employee who has retired after 55 years, if he does not apply for withdrawal from his account or transfers the...

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UMANG (Unified Mobile Application for New-Age Governance) is one of the key initiatives under the Digital India program to develop and grow a common, unified platform and mobile app to facilitate a single point of access to all government services. Launched by the government, it is expected to act as a master app that would provide access to various government services at a single place...

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How to retain the right skilled workforce in the digital age?

Human resource is the most valuable asset for any business organisation. It is the most efficient and productive resource that any business can possess. In this era of innovation and opportunity retaining the best people is actually a challenge. It becomes unaffordable for an organisation to bear the loss of its trained manpower, as it will cost both money and time. Honestly, retaining them is...

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Gaining Insights into your Workforce Using an HRMS Application

Managing a big company requires capital, skills and foremost importantly workforce. And when we are talking workforce in big numbers, it becomes necessary to manage the resource effectively while still keeping the process simple. Amidst the many methods that can be applied, HRMS becomes an apt method to keep the numbers and statistics at your fingertips. Human Resource Management System is a software which combines and...

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EPFO Members Now Can Link UAN With Aadhaar Online

"On the eve of Deepawali, the EPFO is pleased to introduce a new facility for its esteemed members having UAN and other relevant details to link their respective UAN with Aadhaar online. This, in turn, would facilitate the members, a better and speedy EPFO services," the EPFO said in statement. Employees' Provident Fund Organization (EPFO) has now made it possible for their subscribers to link their...

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The key to reducing employee turnover is communication. You don’t have to be in management to know that the old addendum is true: a happy employee is a productive employee. If your staff is feeling overwhelmed, overworked, or undervalued, you may start to see their disengagement affecting your company’s bottom line. What’s more, your most loyal employees may quit so that they can seek work elsewhere....

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Every organization, irrespective of size, requires a proper leave management system to be put in place. It is necessary for a variety of reasons and ultimately contributes to increased productivity and efficiency. Leave management systems have been handled manually since long- it is not just cumbersome but also leads to a lot of inaccuracies and errors. However, today online leave management systems have come to...

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WHAT TO LOOK FOR IN A GOOD HIRE An organization is a vehicle which runs on the wheels called “employees” and an engine called the “founder/leader”. For the successful and smooth running of the vehicle, the wheels need to keep running along with the engine. But, how does one ensure this smooth running? Well, hiring good employees is definitely a start! So, a leader must find...

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Foundations for Building Employee Loyalty

Employees form the building blocks to the staircase that leads an organisation to success. Though mind you, this is not a night long construction. No. Making sure that your employees are with you, your organisation’s objective and its operations can be quite a herculean task. However, not investing in your employees can be detrimental to an organisation’s existence. If an organisation is breeding disloyal, unsatisfied and...

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