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Showing posts from February, 2022

Overview of Employee engagement in the workplace

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  Overview of Employee engagement in the workplace  In an organization employees’ commitment and participation make more value to the development. There is a direct relationship between employee engagement and productivity, retention. Due to multiple factors, employee engagement gets neglected like limited cash flow, high work pressure, and hectic work hours. Here in this article, we discuss the importance & of investing in employee engagement What is Employee engagement? Employee engagement is the bond that employees have with their organization it is achieved by stimulating employees for their work and towards the success of the organization. Employees who are engaged perform better in the workplace & stay longer in the organization. Organizations should focus on a work culture that attracts and retain high talents by bringing their own best selves to the work. Importance of employee engagement Engaged employees create a different environment. It does not...

Payroll processing and its need

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  Payroll processing and its need Payroll is the fundamental function of any business. Its employer’s duty is to pay the workers on time and correctly. Every business needs a payroll system to compensate for the work for their employees. Processing payroll is a complex task, time-consuming process. It’s necessary to understand which payroll processes work better for your employees and business. Here we discuss payroll processing and its importance  What is payroll processing? Payroll is the process of paying employees and its administration based on the employee status, type, and salary. It also involves tax calculations and deductions. It is a complicated process that needs different teams to work together in an organization. For efficient payroll processing, an organization should make a plan step by step. Why payroll processing is necessary? Every business needs a system to track the employee working hours, TDS deductions, EPF contribution, and other allowances ...

Emotional intelligence in the workplace

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  Emotional intelligence in the workplace The workplace is a variable environment that is filled with high stress, anxiety, work pressure, and even more drama. Here comes the role of emotional intelligence which makes or breaks the organization environment. Employees who can regulate their own emotions can handle any situation in the workplace without hurting their coworkers. Let’s discuss how emotional intelligence helps in the workplace What is emotional intelligence? Emotional intelligence is the ability to understand the emotions of ourselves and others. A person with high EQ can manage emotions, understand emotions, perceive and analyze them. Our emotions and moods can have a huge impact on the decision-making process.  Why is emotional intelligence important in the workplace? Emotional intelligence is the most important leadership skill which helps to communicate, manage and build relationships in the workplace. EI involves five elements like self-awareness, se...

Significance of performance management systems

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  Significance of performance management systems In today’s scenario, the functional role of HR has undergone massive changes. The traditional way of performance monitoring is outdated & no longer works. Organizations started to implement a new way of evaluating employee performances. HR works towards the improvement of the employees and facilitates them in organizational planning. Driving a high-performance culture comes from what kind of business strategy you follow. Performance management is the standardized process by improving the performance of the individuals by which an organization's performance will be improved. Reasons performance management systems fail 12month or annual goals never work. Some workers work on a month or 1-week goal. Annual performance reviews fail under this scenario which is irrelevant & too rigid. Traditional rating systems cause less employee engagement which leads to employee turnover. Companies want managers to ...