As the name suggests, an HRMS (Human Resource Management System) is a software solution designed to help your business manage its human resources more efficiently and more effectively by collecting all of the data related to your employees in one place and then using that data to make smarter decisions about them. But what does it actually do? And why should you have one? I’ll answer those questions, but first let me tell you what an HRMS isn’t, and why you might think you need one even if you don’t…
What is an HRMS?
A human resources management system (HRMS) helps to manage the recruitment, benefits, payroll, performance appraisal, training and development of employees. An HRMS typically has a database for storing employee information, as well as interfaces for the various software modules that it supports. The HRMS also provides a portal through which managers can access information about their direct reports. The system should be designed to meet the needs of the organization’s culture and business needs.
A Human Resources Management System (HRMS) helps to manage the recruitment, benefits, payroll, performance appraisal, training, and development of employees.
An HRM usually has a database for storing employee information as well as interfaces for all its supported modules.