As the corporate culture is developing and updating day by day, it requires the HR systems to also update. Much time is taken by the HR systems to evolve from the manual process that was used for years to the self-service HRIS system.
HRIS is the acronym for Human Resource Information System, which is a software package that helps HR’s in management of human resources, business processes and data. It is mainly developed to help the human resource management professionals to manage and handle the data more efficiently and professionally. In other words, it is the intersection of Human resource management with Information technology. It looks after a number of activities which includes all those activities which are related to human resource management, accounting, management and payrolls.With the incorporation of HRIS into the corporate culture, the HRM is now working more efficiently and is developing into a better system.
There are various components of the HRIS System like Database, time and labor management, payroll function, benefits, employee interface, recruitment and retention. Every component has its own specific function and importance. Like the database component of the HRIS provides a database to store all the information of the employee. This employee information can be accessed from anywhere, anytime. Time and labor management allows the employees to feed their worked hours onto the system, which can be viewed by the manager and the employee’s punctuality can be observed. The payroll function of the HRIS let the HR to easily download the employee work hours. He can very easily issue pay-cheques to the employee or the payroll deposits. This software also helps to maintain the employee benefits and compensations like the medical benefits. The employees also have a limited access to the HRIS.