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Functional Human Resource Technology - Essay Example

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Summary
Computerised Payroll System is the new technology in payroll system and it helps a lot. It has now become possible to be paperless as some of the staff who have direct deposit facility can be given pay stubs electronically.
A company has to choose and implement a payroll system which will have all the facilities that an employee may want…
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Functional Human Resource Technology

Download file to see previous pages... This will also require a lot of staff who can work on it..
Why should most of the companies waste their time and money in installing new systems The answer to this question is simple. The reason is that it is very easy and simple to process payroll on a computer than doing it manually. Every employee can now look at his or her average salary for the month and can plan his or her expenditure accordingly. Errors creeping in the calculation of pay every month is reduced than when done so under the manual system.
Installation of Computerized Payroll System can be expanded based on the needs of the organization. The installation should pave way for work to be carried out with fewer integration problems. As part of these ports to new payroll resolutions, management comforts particularly for financial management will be a large part of potential technology. The new technology will include more graphing ability, like the dashboards that would immediately display the mean salary by cost center.
The new technology of Computerised Payroll System when installed or while installing will be a challenge to the Management. It becomes a challenge, because the required and apt staff who can work with the new system without causing it to crash, will have to be inducted.
The human factor, that is the staff, is also equally important as is the ...Download file to see next pagesRead More
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