What is a HRMS? HRMS is the common acronym used to describe a HR Management System – basically a software application or platform that automates, integrates, and manages the core HR processes of an organisation. Commonly the processes automated in these systems cover the full employee life cycle and include management of employee and organisational…
Tag: benefits
Introducing A Total Rewards Strategy
What is a Total Rewards strategy? A total rewards strategy connects compensation and benefits and provides a range of rewards to employees who achieve defined business goals. Put simply, the strategy defines salary, benefits, and intangible rewards designed to attract, motivate and retain the best performing employees. What are the benefits of introducing a Total Rewards strategy?…