Getting rewards and recognition right
In today’s dynamic workplace environment, establishing a robust rewards and recognition programme is crucial for enhancing employee engagement and driving productivity. Understanding the distinction between rewards and recognition is fundamental. While rewards are tangible, transactional, and often monetary in nature, such as bonuses or gifts, recognition is more intangible and relational, centred around appreciation and […]
Unlocking talent management for workforce and business success
Talent management involves a comprehensive set of processes that attract, retain, and nurture the right talent to drive organisational goals forward. Effective talent management not only fills immediate vacancies but also prepares for future demands, thereby fostering a resilient workforce capable of adapting to industry shifts. It’s a continuous cycle starting with sourcing and recruitment, […]
Performance management systems and why they matter
What is a performance management system? A performance management system is a structured approach that organisations use to monitor, evaluate, and enhance employee performance in line with business objectives. A good performance management system will: Facilitate constant improvement and productivity enhancement Streamline processes across departments Enable companies to maintain consciousness of their human capital Foster […]
Mastering employee appraisals
Employee appraisals, an integral part of modern Human Resources management, serve a critical role in evaluating and enhancing employee performance. Appraisals enable organisations to assess how well employees meet their job criteria and objectives and identify individual strengths and areas requiring improvement, fostering a culture of continuous professional development. Aligning individual goals with broader organisational […]
Effective payroll management: A complete guide
Payroll isn’t just compensation distributed to employees for their work. It’s the entire process of collecting necessary employee data, tracking working hours, calculating wages, handling deductions, and ensuring that net and gross pay are accurately computed. Payroll systems integrate with broader business operations and provide essential support for accounting and human resources. In today’s business […]
6 reasons why your business needs a Talent Management System
In today’s competitive business environment, a Talent Management System (TMS) is an essential tool for businesses seeking to optimise human resource operations. TMS software streamlines and simplifies processes related to recruiting, developing, and retaining employees. By leveraging such a system, businesses can easily manage the entire employee lifecycle –recruitment, onboarding, performance management, succession planning, and […]
How MiHCM and Evia Sign empower digital workspaces with e-signing
With the globalisation of the workforce and more companies shifting to digital workspaces, digital signatures – or e-signatures – are at the forefront among solutions being adopted by HR departments. With e-signing streamlining document workflows by offering a frictionless way to validate paperwork and providing a much-needed edge in today’s digital age, MiHCM wanted to […]
14 essential HR system features to look for and why
Key HR system features As companies grow, so do their HR needs – and traditional methods of handling HR tasks simply cannot keep up. Modern HR systems, on the other hand, offer an extensive host of features that effortlessly meet the diverse needs of businesses, large and small. So, what does a stellar HR system […]
Calculating (and tackling!) employee turnover effectively
Employee turnover is a crucial metric for evaluating the health of a company. Essentially, employee turnover is the percentage of employees who leave an organisation during a specific period who need to be replaced. Understanding this metric allows organisations to gain insights into workforce dynamics and strategise for better retention. Turnover can be categorised as […]
10 powerful reasons to choose cloud-based HR software over on-premise systems
If you find yourself reading this, chances are you’ve decided to implement a digital HR solution. And that gives rise to a critical question: should you opt for a cloud-based or on-premise software solution? By leveraging cloud technology, organisations can streamline processes, achieve higher scalability, and minimise the extensive costs associated with maintaining hardware infrastructure. […]
