Cholamandalam MS General Insurance Company Ltd (Chola MS) is an Indian insurance firm and a joint venture between the Murugappa Group, an Indian conglomerate, and the Mitsui Sumitomo Insurance Group, a Japanese insurance company.
The firm produces a range of insurance products, including accident, engineering, health, liability, marine, motor, property, travel and rural insurance for individuals and corporate insurance.
Managing people is a challenge even in normal times. In a period of extraordinary disruption that has impacted every sector, every organisation and every professional, managing teams is probably the single biggest issue after revenue losses.
Mature companies that are looking beyond the crisis are leaning heavily on HR tech to keep their flock together while also ensuring productivity of teams.
The history of the Human Resource Information System dates to the 1950s, starting with the payroll system and evolving into the version 1.0 of HRIS in 1960s.
Over the next few decades, HRIS has evolved from being just HR software and extended into the hands of the employees.
It also went from something you can access on a computer to an app on your smartphone.
As companies grow, communication and collaborations can be a real challenge.
You have people on different floors, different sites and for some of you, different time zones.
Even if you are working in a one-person department, you would still need to communicate with someone from other departments.
It could be to manage a project, to handle a transaction with HR or simply to pass a message to your colleagues.
Unprecedented times call for proactive measures. This is what the entire world is grappling with right now. No one ever in the wildest of their dreams would have anticipated such a predicament.
Many current HR processes and practices originate from military operations. While they were effective in times of crises, they fail to deliver results in today’s world. The current article explores a case in manufacturing setup where an upgrade of their HRMS system lead to greater business impact.
The Amara Raja Group is an India-based multinational company with presence across the world through their 14 business units.
In case you missed the memo, PeopleStrong officially has a performance management platform.
Originally known as Qilo, it was acquired 6 months ago and has since been rebranded into Alt Performance.
Started as a tool to measure Objectives and Key Results (OKR), the acquisition will see Alt Performance becoming a wider performance management platform as works are in progress to infuse our learnings and experiences dealing with hundreds of enterprise organizations in bettering their productivity.
In this unique guide catered specifically to the Banking, Finance, Securities and Insurance (BFSI) industries, we examine what is HRM Systems and learn about:
Not love, but panic is in the air. Social media nowadays packs the internet with COVID-19 hysteria, along with constant bombardment of breaking news, to cause chaos amongst the common mass.
The process of adopting a new HR Tech tool is challenging with a plethora of information floating on the internet. The HRMS Buyers Guide for Retail sector is designed to help HR and IT managers in the retail industry identify and quickly short-list potential HRMS solutions which are most aligned with an organization’s top strategic objectives.
The Payroll Discourse: – On-premise vs Cloud Payroll Management
Payroll processing is a time and labor-intensive process. It includes preparing inputs, processing retrospective and LOPR arrears, overtime, salary, ensuring that the statutory calculations are accurate, generating reports, making payments, keeping records of personnel and overtime and more. On top of it all, there are also issues such as attendance monitoring as well as ensuring correct deductions.