SAP Human Resources (SAP HR)

The Human Resources module (SAP HR) consists of all master data, system configuration, and transactions to complete the Hire to Retire (or, as some say, Fire) process. It includes the following information and processes. SAP Human Resources (HR) Components or Sub-Components: · Personnel Management - Personnel Administration - Recruitment - Organization Structure - Compensation Management - Personnel Development · Organizational Management · Travel Management · Time Management · Payroll Typical Hire to Retire business process associated with the SAP HR module: This is brief review of the components and processes associated with the SAP HR module.  ...

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Difference between Recruitment and Selection

Basis Recruitment Selection Meaning It is an activity of establishing contact between employers and applicants. It is a process of picking up more competent and suitable employees. Objective It encourages large number of Candidates for a job. It attempts at rejecting unsuitable candidates. Process It is a simple process. It is a complicated process. Hurdles The candidates have not to cross over many hurdles. Many hurdles have to be crossed. Approach It is a positive approach. It is a negative approach. Sequence It proceeds selection. It follows recruitment. Economy It is an economical method. It is an expensive method. Time Consuming Less time is required. More time is required. ...

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Training Needs Analysis

Training is an expensive process not only in terms of the money spent on it but also the time and the other resources spent on the same. The most important question therefore is determining whether or not a need for training actually exists and whether the intervention will contribute to the achievement of organisational goal directly or indirectly? The answer to the above mentioned question lies in 'training needs analysis' which is the first step in the entire process of training and development. Training needs analysis is a systematic process of understanding training requirements. It is conducted at three stages - at the level of organisation, individual and the job, each of which is called as the organisational,...

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Time Management - Meaning and its Importance

It is rightly said "Time and Tide wait for none". An individual should understand the value of time for him to succeed in all aspects of life. People who waste time are the ones who fail to create an identity of their own. What is Time Management ? Time Management refers to managing time effectively so that the right time is allocated to the right activity. Effective time management allows individuals to assign specific time slots to activities as per their importance. Time Management refers to making the best use of time as time is always limited. Ask yourself which activity is more important and how much time should be allocated to the same? Know which work should be done earlier and which can...

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Withdraw your Employee Provident Fund or EPF in India?

  Process/Procedure for Withdrawal of Employee Provident Fund Almost all of us are working for a company and we contribute a small percentage of our monthly salary into our Employee Provident Fund account. We all know that PF is a great saving instrument and it will help us generate a corpus for our retirement. But in case we leave the company or want to withdraw money for some emergency than we should know the way get it transferred or to withdraw PF amount. After all, it is our money and we definitely have the right to take it when we need it the most.   1. PF Withdrawal upon resignation:  Upon resignation an employee can either withdraw or transfer his/her PF amounts at his desire. a) For Withdrawal:  In...

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You can withdraw your EPF without Employer Signature

You can withdraw your EPF without Employer Signature Do you know how to withdraw your EPF without Employer Signature ? Do you think if its possible at all ? Is your previous employer not signing your EPF Withdrawal documents? Have you left your company long back and now you can not take your past employer signatures ? Or is your EPF company stuck because your employer is not supporting you or helping you in withdrawal procedure ? Or it might happen that your employer relations with you mess up for some reason and now they are not ready to cooperate in the EPF withdrawal procedure and threatening you? Here are 2 real life examples of these kind of situation Case 1 : Priyanka was also stuck with a company which was shut down and her PF was stuck The last company i was...

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Registration process of establishment under EPF Act..

Duly filled “ Performa for coverage” for allotment of Establishment code along with “form for allotment of Business Numbers (BN)” along with the following documents. v Letter of Intent v Copy of license of Shops & Commercial Establishment v Copy of PAN Card v C.S.T./U.P.T.T. Number v Details of employees i.e. Name of the employee, Father’s name, Date of joining, Salary break-up v Identity Proof (Driving license, Ration Card, Passport, Voter Id Card) v Bank Accounts details ...

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