Core HR Functions: Payroll, Attendance, Leave, Shifts, And Employee Management

The employees are the real asset of the company. The human resource department hires the workforce, manages them in working premises, gives promotion to them for their achievement, gives extra monetary and non-monetary rewards to retain them for a long time, and also terminate them for their misbehavior or anything. The decisions are taken by the HR department affect the other subsections of the firm like the sales department, marketing department, production department, etc. the modernized business now understood the importance of experienced and well-trained employees, and they are started using the HCM (Human Capital Management), which is the most trendy concept of managing the workforce and retain them for a more extended period of time.

Everything is synchronized in the working premises. As the growth of the business is dependent upon the workforce, the development of the employees relies on the working culture, improving their efficiency and productivity, mutual cooperation between each department, etc. The human resource department focuses more on the retention of the employees, which increases the goodwill of the firm. And for keeping the employees for a longer period, they are analyzing their performance and identifying the lacking points and trying to improve that. Following are the core functions of human resources.

Payroll Management

Managing the salary calculation and keeping the record of the same is essential for the HR managers. The payroll software eliminates human errors from the calculation. It is important to the human resource department to pay the salary/wages to the employees timely. Otherwise, they may feel demotivated and leave the organization. That affects the company’s reputation too. It also maintains the regularity of the employees. Employees get an e-payslip from the mobile application of the payroll; from that report, they can know the gross salary, deductions from the pay, and the net salary amount. Thus, it maintains transparency between the employees and employers.

Attendance Management

Attendance management means maintaining the record of the presence or absence of the employees. With the help of modernized attendance machines like a biometric punch, face recognition, selfie punch, etc., the human resource manager keeps the records of the attendance of the employee in a single integrated HR database. The AI-based attendance machines automatically capture the real-time punch-in, punch-out, early going, late coming, mispunch, etc., efficiently. The automated machines reduce the workload of the employers. It is important to maintain the data of the employee’s attendance to calculate the salary at the end of the month.

Leave Management

The basic leave management process includes keeping the records of the leaves taken by the employees in a whole month, which is used by the HR manager to calculate the salary/wages of the employees. The leave management software secures the date of the leave in the integrated HR database and ties it until the HR admin deletes it from the cloud.

Shift Management

If the company is running on the sift basis, i.e., day shift and night shift. The human resource manager has to maintain the timing of the shifts. They need to maintain the name of the employees, their in-time and out-time, their late coming and early going, their wages calculation sheets, and their conflicts of both shifts.

Employee Management

Management of the workforce means to maintain them from the recruitment till their exit interviews. Moreover, it includes performance management, rewards and awards management, keeping a hygienic and winsome working environment, conflict management, etc., that affects employee’s productivity and the company’s profitability.

Conclusion

Thus, from the above consideration, we can state that the human resource department is a breathing system of the company; without HRD, the company can not survive in a highly competitive market.

Shubham Joshi is an experienced content marketer at FactoHR. Passionate about training and development programs, he is always ready to help colleagues and customers by representing concrete ideas and methodology. Beyond work, he is well-equipped with