- Training Management
- Performance Appraisal
- Payroll Management
- HR Compliance Management
- Compensation Management
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Compport is a web-based Human Resource Management software. Designed around the principles of high-performance HRM systems used by top organizations around the globe, Compport gives you a highly functional yet simple to use suite of tools for managing every aspect ... Read More
Training management is a software feature that helps organizations efficiently manage their training programs and activities. It serves as a centralized platform for creating, scheduling, delivering and tracking training sessions and courses. With training management, organizations can streamline the entire training process, from planning to evaluation. One of the key features of training management is the ability to create and customize training programs based on the specific needs and goals of the organization. This allows organizations to tailor their training content and delivery methods to best suit their employees and business
A performance appraisal is a regular evaluation of an employee's work performance and overall contribution to an organization. A yearly review, performance review or evaluation, or employee appraisal evaluates an employee's abilities, accomplishments, and growth—or lack thereof. Performance Appraisal is a very important tool for HR to maintain transparency. This helps both the employees and the company. The performance appraisal process should be internal and external, but it’s more practical to have only internal appraisal because of its direct benefits over the employees.
The payroll management process consists of a series of controlled processes completed in the same sequence each month to establish a payroll cycle. Put another way; the payroll process is all about determining what is owed to employees, i.e., the Net Pay after all applicable tax adjustments and deductions have been made. Therefore, payroll management necessitates cautious and detailed preparation. Changes to details relating to specific employees' payments, assumptions, and other financial payments are reviewed and monitored regularly. There are three primary phases to this payroll management process: before, during, and after the payroll administration.
HR compliance is company's commitment to respect the labor laws' operating requirements. Processes, procedures, and records are all affected. Workers are also entitled to all benefits mentioned in their employment contracts. Benefits administration, attendance and timesheet management, payroll management, and compliance management are all included in the HR Compliance Management System, a typical software application.
Compensation management is a key feature in many software applications that helps businesses efficiently manage their employee's compensation plans. It is designed to streamline and automate the complex process of determining, administering, and updating employees' compensation packages. One of the main functionalities of compensation management software is the ability to create and manage different salary structures for different job roles within a company. This ensures fair and consistent pay practices, taking into account factors such as job responsibilities, experience, and performance. Additionally, the software allows for
Benefits management includes defining, preparing, analyzing, and monitoring benefits from starting a program or project investment until the last predicted profit is realized. Its purpose is to ensure that the desired outcomes are exact, measurable, agreed upon, feasible, and on schedule. 'Benefits management and 'benefits realization' are frequently interchanged phrases.
360-degree feedback is a valuable software feature that allows organizations to gather feedback on an employee's performance from a variety of sources. It provides a comprehensive view of an employee's skills, competencies, and areas for improvement from colleagues, supervisors, clients, and others who work closely with them. The feature works by collecting anonymous feedback through surveys and evaluations from different angles, providing a well-rounded perspective on the employee's performance. This helps identify their strengths and weaknesses, as well as potential blind spots,
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Compport is a web-based Human Resource Management software. Designed around the principles of high-performance HRM systems used by top organizations around the globe, Compport gives you a highly functional yet simple to use suite of tools for managing every aspect of HR. They also offer a full-featured Time & Attendance solution and over 20 integrations with other popular business applications, such as CRM, Workforce Management, Benefits Enrollment, Payroll, Document Management, etc.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta