Recruitment & Payroll Management System

Presented byKhyati Sompura Vineeta D. Mulchandani

Recruitment process

According to Edwin B. Flippo, Recruitment is

the process of searching the candidates for employment and stimulating them to apply for jobs in the organization

Steps in Recruitment procedure

Identify the Vacancy

Either fill it with outside consultant or internally

Internally perform transfers, promotions, upgradation etc.

Get CVs from consultants

Conduct interviews

Selection

START Identify Vacancy Internal source Transfer, Promotion, demotion, upgrading etc internally

Outsource Brief about profile to consultant

Shortlist the good CVs received from consultant Consultants co-ordinate the interview

Interview at Company

Look for some other person

Call him for final negotiation and offer

Offer Accepted Ask the person to join

Look for some other person

END

Recruitment Software for internal use by companies

Recruitment Software are designed specifically for internal use by companies of all strengths. Its design is based on inputs from HR managers and recruiters of several leading companies. It will help you track recruitments easily, reduce overall hiring costs and eliminate confusing excel sheets and unwieldy files and folders. It helps your hiring managers, recruiters and interviewers get information as per their role in the hiring process. Its no-training-necessary interface makes short listing, scheduling interviews, providing feedback and tracking hiring progress simple, yet effective jobs.

Recruitment Software for placement consultants

Recruitment Software specifically designed for small agencies so they get an affordable software to maintain an unstructured database. It Manage In-house recruiters as well as external associates with unified platform. It is a complete suite designed to help you automate and streamline your processes for continued growth. It Work on integrated platform for your team to connect and collaborate with each other. It will help you to manage candidates, right from selection to visa & document processing. It will take care of the entire recruitment process including selection and post selection processes.

Payroll Processing

Payroll processing refers to the tasks a payroll representative performs to ensure timely and accurate paychecks. Depending on the size of the payroll, duties can range from simple to complex. The representative processes the payroll according to the payroll system she uses. The system can be manual, in-house computerized or external.

Steps in Payroll Processing

Log into your payroll system Verify the hours for each employee Enter the employees' hours-worked information into the payroll system Print the payroll time-entry report to verify that the total-hours input matches the total hours worked for the current payroll. Submit your payroll and wait for the verification confirmation that the hours have been submitted for processing. Print your payroll checks and put them in envelopes. Distribute the paychecks to the employees.

Start

Payroll Management system

NO NO

IF Manual
YES

IF In-house computerize d
YES

IF external
YES

HR collects times sheets and employee cards

HR Imports employees' time from the computerized timekeeping system into payroll software

HR Faxes, emails or send the payroll data online to the payroll service provider

Requires HR to manually calculate gross income and subtract deductions, such as payroll taxes, voluntary deductions and wage garnishments.

HR uses payroll software, which performs the calculations based on the inputted wage and deduction data for each employee

Representative can access payroll registers for each pay date from the supplier's online system

The representative can store the data in a confidential filing location

Payroll software stores employee payroll records and payment data indefinitely

The supplier sends the necessary payroll registers when it sends the clients his paychecks for each payday

END

Payroll Software

Payroll software has been specially designed for automating payroll system. With payroll software, it is possible to maximize the potential of payroll through timely and accurate salary processing, efficient handling of reimbursements, loans & advances.

Automating payroll with payroll software will reduce the work load on administrators and facilitate confidentiality.
It produce error-free information and enhance speed in accessing payroll related information.

Quick Data Entry form can perform data changes to a group of employees, without having to do go through each one manually.
The payroll software also manages the Company Holidays All the reports related to company, employee, attendance/leave, payroll.

Conclusion

There has to be some software that could reduce the time, energy and money of the organization for recruitment and payroll management system. This software would be very useful for not only banks but other industries too. These Software's provides you tools to increase your operational efficiencies so that you can earn more profits.

Thank You