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Long-held beliefs about the human resources division are beginning to shift. The workforce and tools like HR software are increasingly acknowledged for their crucial roles in generating strategic value for the business. According to several surveys, this viewpoint and the wider application of HR software are related, which found that "lifting the perception of HR and making investments in specific methods to HR technology strategy, integration, and change management correlate up to 15% year-over-year enhancements in overall outcomes." In this article, we will learn about HR tools and the types that can help automate and simplify HR functionalities. What are HR tools HR tools are a diverse variety of technical options that assist firms in efficiently managing their daily HR responsibilities. Manually carrying out HR tasks is difficult, time-consuming, and compliance-driven. HR professionals can save effort and resources and handle their workers more effectively due to the power of automation used by HR software. HR software manages all essential HR processes, including new hiring applications and employee exit interviews. Organizations can choose straightforward HR software that handles routine administrative duties like vacation management, timesheet management, etc., depending on the requirements. Or they might choose software that manages crucial HR functions like hiring and performance evaluation. Why are HR tools helpful According to the , most employees in a company will work with HR software at some stage in their careers. Employees utilize it to deal with various significant issues, such as time off, bonuses, payroll, and other issues that aren't immediately linked to their work but are nevertheless crucial to employee engagement. principles of human capital management The use of it by human resources specialists and department executives streamlines the procedure for gathering and keeping correct employee-related data and ensuring that the company complies with applicable federal and state health, safety, and employee rights. Using HR software, managers can schedule employees for work, keep track of their performance, and assist staff members in advancing their positions and learning new skills. Reports on tax compliance, payroll and benefits expenses, and workforce analysis to forecast future costs are valued by the finance teams. And many individuals from other departments utilize information from HR systems to enhance the employee experience in top companies. HR software includes: ● functionality aids HR in the management of information and details, payroll, benefits and compensation, and HR service delivery activities, including employee self-service and the HR help desk. HRMS or HRIS ● functions include time clocks, time off and absence management, and scheduling. Workforce management ● functions that assist HR teams in remaining on top of the organization's skills include recruitment, onboarding, career planning, performance, learning and development, pay, and succession planning. Talent management Leading software also includes: ● IoT applications, and artificial intelligence. Workforce BI and analytics, HR tools types Here are the most popular categories of software used in HR daily. Candidate sourcing and Talent acquisition From straightforward job boards to more complex platforms that match candidates to vacant positions and aid companies in more effective brand marketing. These technologies aid recruiters in finding the best candidates for the openings. Upwork A well-known platform that makes it possible for businesses and organizations to discover independent contractors in a wide range of industries and for independent contractors to find work. It changed from being a straightforward job board to a potent platform that analyzes the needs of recruiters, connects people to job criteria, and offers invoicing and payment choices. Indeed A major global job board with 250 million unique monthly users accessible in over 60 countries. It enables job seekers to construct resumes and apply for jobs in addition to job ads. Additionally, it offers certification possibilities and specializes in career counseling. Applicant Tracking Systems They are generally talent sourcing software that HR, recruiters, and hiring managers use to locate job prospects and follow them throughout the recruiting process. They are referred to as among HR experts. ATS Similar to CRM platforms (customer relationship management), but with a focus on hiring. Here are a few excellent examples. Workable It uses built-in candidate sourcing tools to assist recruiters in finding candidates that meet the requirements and location of open positions. These tools range from AI-powered search and advertising to job listings on more than 200 job sites. Manatal Manatal's cloud-based platform lets you streamline your recruiting process from sourcing to onboarding and find the best applicants by utilizing its cutting-edge functionalities like AI-based candidate recommendations and social media recruitment. Manatal was founded to decentralize the use of recruitment software. The program's full complement of recruiting CRM options enables you to easily track and manage clients. Manatal, is a comprehensive hiring software solution for businesses and agencies. Applicant Testing and Assessment Software By enabling recruiters to design assignments, cognitive ability tests, and job knowledge assessments, these platforms aid in selecting the best applicants throughout the hiring process. HackerRank This applicant testing system functions in two different ways. First, it assists in creating technical and coding examinations for recruiters to use in screening potential developers and software engineers. Conversely, it aids applicants in rehearsing and getting ready for exams and interviews. Additionally, it provides a mechanism for doing online or telephone technical interviews. Devskiller For IT specialists, there is yet another screening and online interviewing tool. In addition to duties in SQL, DevOps, code review, and other areas, it includes a test wizard and tools for creating manual code tests. Video Interviewing Video interviews are occasionally the only opportunity for recruiters and applicants to see each other due to the increase in remote cooperation. There are solutions solely focused on hiring new staff and well-known tools like Skype. Zoom Zoom is a strong all-around video-conferencing application. It's a wonderful option for webinars, virtual conferences, and other sorts of meetings in addition to applicant interviews. Wepow It provides pre-recorded and live video interviews, candidate monitoring, interactive hiring manager tools, and data on candidate performance. It does away with the inconvenience and effort involved in setting up interviews. Onboarding and Offboarding Software So you discovered the ideal applicant, who went through the hiring procedure and was hired. The moment has come to onboard them. Enboarder It is experience-driven onboarding software designed to boost recruits' engagement and passion. It aids HR managers in customizing the onboarding process for workers. BambooHR An onboarding platform emphasizes improving the employee experience, streamlining administrative tasks, and enabling HR managers to create personalized pre-boarding packages. Employee Referral Software To promote and reward positive referrals, many businesses design comprehensive schemes. It makes sense that platforms exist to aid with process automation. Talentlyft By asking them to recommend qualified applicants for your available roles, this tool enables you to use your workers' social capital. Teamable A specialized referral tool that aids in matching candidates with available positions based on the connections your workers have on social media. They link to the platform, quickly suggest them, watch the outcomes of the recruiting process – and reward the most active employees. Productivity and Time Management Several websites and apps control time, attendance, and productivity tracking. Let's review a few of them. Focusmate An employee productivity solution that reduces interruptions and allows you to work remotely with a coworker at certain hours through video conferences helps you finish tasks faster. Jibble A software program for teams that tracks attendance data in the cloud. It has a Slack bot to measure how much time users spend in the app and add-ons like activity tracking, permissions, and roles for team members or face recognition to confirm attendance. Employee Engagement Fortunately, there are applications available that enable you to monitor your employees' performance and encourage them to work more. Cooleaf A platform for rewarding and recognizing employee potential promotes performance management and corporate success. Employee actions that align with their genuine company goals are rewarded and recognized through a platform. Humanoo It is a tool for employee well-being that encourages physical exercise among staff members and raises awareness of mental and emotional wellbeing. It's an excellent tool for encouraging work-life balance and enhancing employee wellbeing. Talent management software Talent management systems, also referred to as TMS platforms, are integrated HR tools that address the four pillars of talent management — learning and development, performance management, compensation management, and recruitment — and offer businesses strategic assistance concerning human capital. Calamari It offers solutions for clocking in and out, such as iBeacons, QR codes, mobile applications, Slack integration, leave management systems with absence calendars and permission routines, and support for international days off. Namely A platform that integrates payroll, benefits, and human resources aims to create a better workplace. Among the highlights are onboarding and performance reviews, time monitoring, regular HR management tools, configurable reports, and other features. Payroll To manage and maintain a smooth Payroll, the most common and recommended software are as follows: X ero A software program for small enterprises and organizations that handles accounting online. It supports a variety of devices and provides capabilities for invoicing, costs, inventory, purchase orders, and hundreds of third-party app connections. Enova365 Enova365 is a complete ERP platform that adheres to current laws. Over 14,500 businesses entrusted it with their payroll, bookkeeping, and recordkeeping. Benefits Keeping track of all perks granted to and used by workers is time-consuming. To do this operation, we propose two software products. Zestful It enables organizations to design benefit and incentive programs for their members. The Zestful card resembles a debit card but can only be used for the items and services you specify, such as health or fitness programs. Bonusly A fun and simple recognition scheme give employees a monthly allowance to offer little incentives to their coworkers to honor their efforts. Its simple interface clarifies all benefits and provides suggestions for the most common causes for recognition. Communication Every organization's success is dependent on effective communication. Here are the two most suggested tools for maintaining seamless and transparent communication across teams. Slack A fantastic communication platform that allows your staff to communicate, schedule video meetings, and create different subject channels. It is utilized by many businesses globally, demonstrating that it is one of the greatest communication platforms. Guild Guild is a messaging app; performance is critical to its success. Node works well for this sort of product, and because of its async I/O, it can handle many concurrent requests. The app helps to leverage Apollo and GraphQL and manage real-time events through the Ably platform. This configuration enables it to manage both real-time and offline support. Room for your software What makes a company successful? The full power of a strong team is difficult to undervalue. That's why so many companies these days give recruiting, onboarding, and ongoing management of employees extra attention. Being in charge of all procedures while in charge of human resources is not a simple assignment, though. Additionally, suppose your business does not provide HR managers with the necessary tools. In that case, they will undoubtedly work too hard and be underproductive, wasting resources that might be used more wisely. Without a tailored HR management system, it becomes extremely difficult for HR managers to maintain order and centralization of all information, handle billing, and manage all company activities effectively. Additionally, organizations lacking effective HR technologies struggle to find qualified candidates, implement employee incentive initiatives, and track employee growth. And only one specialized software will quickly put an end to all of these problems. Without completely integrated HR solutions tailored to all business operations, it is difficult to see how a contemporary organization might operate. A custom HR solution is an answer to all that. With a custom HR solution, you will no longer need to pay monthly fees or additional costs for ready-made services when you have just one custom software. You'll have a generally useful product that works for you and helps you avoid wasting time, money, or stress. Additionally, automation can maximize HR managers' productivity, negating the need for extra experts or interns to assist with the day-to-day operations of your HR department. Summary HR has started embracing online HR management solutions to ensure they aren't wasting time on tasks that can be performed much more correctly and effectively. Tools like those we've discussed above have evolved to fulfill this demand and have added more features, offering you a wide range of possibilities. About Our Client Selleo can assist you in for your business. We are a mindset that emphasizes self-driven development toward inventive mastery and a culture of knowledge sharing with a participatory process of decision-making and empowerment built on Management 3.0. developing HR software We have created and developed well over 150 online and mobile software applications since 2005. Over the years, we have accumulated a wide range of industry knowledge, focusing on creating unique company management tools, digital dashboards, e-learning, and e-commerce solutions. We welcome all the companies looking to build a custom HR solution. You can for more details. contact us

Top HR Tools to Improve Your Hiring Processes

Have you heard of Abraham Maslow? He was a Psychology professor who came up with this super popular framework called 'Hierarchy of Needs' which categorizes human needs into 5 buckets. While the framework itself received a mixed response, being lauded by many and on the other hand being criticised for its vagueness, it surely had a strong influence across many fields and on other researchers. Now, if we take the underlying principles of this model and apply it to remote work, we get a nicely fleshed out hierarchy of needs for remote work. But I am sharing too many details without setting proper context. So let me start with a quick refresher on the framework. Maslow's Hierarchy of Needs According to Maslow, there are 5 categories of needs - 1. Physiological Basic physical needs like eating food when hungry, drinking water when thirsty etc. This is the most essential of our needs and any person is likely to meet these first. For example, it is tough for you to focus at work if you're extremely thirsty or hungry. 2. Safety Once our physiological needs are met, we try to have a safe environment. These needs are particularly evident in emergency situations like the current COVID crisis. 3. Love and Belonging The next need, according to Maslow, is the feeling to belong to a group and being loved. This includes ties with family, friends, social connections and even being part of a community or group. 4. Esteem Esteem implies feeling good about oneself and feeling valued by others. In other words, when someone's esteem needs are satisfied, he/ she feels confident and sees his/ her contributions & achievements valuable. On the other hand, if these needs aren't met, a person is likely to develop feelings of inferiority. 5. Self-Actualization After all of the above needs are met, a person tries to achieve the feeling of fulfilment. This is an abstract concept and the meaning of self-actualization varies drastically for each individual. Also, Maslow believes that achieving self-actualization is quite rare. You would have already figured but to quickly reiterate, a person moves to fulfil the needs in the higher hierarchy only when he/ she has sufficiently satisfied the previous need. Of course, you don't need to completely satisfy one need to move to the next i.e. there is surely some overlap. However, I will ignore such caveats in our discussion today. Maslow's Hierarchy of Needs for Remote Work Now, here comes the interesting part. If we take the principles of Maslow's pyramid and apply it in context of remote teams or individual remote workers, here's what we get - 1. Physiological Your work environment is the most basic need you have to satisfy in a remote setting. For example, do you prefer a standing desk, what kind of chair is the most comfortable or do you like to creative - treadmill desks, yoga balls etc. Also things like having adequate sunlight and fresh air where you work regularly and even your daily routine - breaks, sessions of deep work etc. Additionally, having a sufficient salary, health insurance plan, work-life balance all come under physiological needs. 2. Safety Once the physiological needs are met, a remote worker would look to have a safe and secure environment. This includes the feeling of being needed and secure in the current work role. However, an additional critical, and often ignored, aspect is that of self-care. A remote worker must look for taking active care of his/ her body and mind. Some fundamental things covered in this aspect would be - - Drinking enough water - Meals at proper times - Good sleeping habits - Workout routine (however simple/ short it may be) 3. Love and Belonging This covers the aspect of social interaction (family, friends, coworkers) and a sense of belongingness to your team and the company's culture. We have heard this so often that loneliness is the biggest problem remote workers face. If you are able to satisfy this need in Maslow's hierarchy, you would have successfully tackled isolation in a remote setting. However, as we all know, satisfying this need in a remote context isn't as easy as in an in-office setting. Social interactions won't happen by accident and you have to do this consciously, so much so that you may have to dedicate time slots during the day specifically for social activity. Additionally, company initiatives like retreats, informal hangouts or even fun slack channels go a long way in helping achieve this need. 4. Esteem Translates entirely to recognition at work. Are you feeling appreciated and fulfilled in your work? These are just a few examples of how established distributed teams achieve this - - InVision uses a tool called Bonusly where team members can publicly award each other a nominal sum of money to express appreciation of their work. - Basecamp has a process to share your daily work achievements team-wide where others can publicly comment and appreciate your work. Also, you shouldn't just depend on your manager to carve out recognitions or rewards that make you feel appreciated. Instead, it helps to have a chat on what works for you in terms of appreciation. No point in having secret desires :-) 5. Self-Actualization In simple words, this is when you reach your dream life. And if we go by all the positives that remote work promises, you have already taken the first step. Remote work can be your key to a fulfilling and flexible lifestyle, whatever that means for you. Some pointers to consider when building the ideal remote life - - Amount of flexibility and change you prefer. For example, something as simple as working out of a new place (coffee shops, beach in your city etc.) each day of the week or otherwise, having a stable home office. - A hobby or passion you might want to build your life around. For example, being in a certain location (beaches or something favourable for Skiing) or being nocturnal. - Amount of movement/ travelling you prefer - being a digital nomad or otherwise, staying close to your friends and family. . Want articles like this in your inbox every Wednesday? Subscribe here Originally published at Remote.Tools.

Remote Work's Hierarchy of Needs

Note: I have no of discrediting the project or anyone involved with it. The beautiful part about crypto and smart contract development is all of the code is on display. I’m just commentating on a screwup and a very interesting situation. intention monumental Legolas Exchange (LGO) early in 2018 and deployed an ERC-20 token on . The token has a peculiar feature built into the code that is supposed to reward hodlers ( ). For every 6 month period in the first 2 years, all of the accounts that haven’t moved their funds yet should receive an additional 5% in tokens as a reward for their loyalty. The reward has the potential to be higher than 5% — increasing as others abandon their rewards. raised ~$30M USD Ethereum sic Sounds great right? Unfortunately the immutable contract was coded such that the extra 20% of tokens, that should have been used to pay out the bonuses, is virtually guaranteed to be lost. I say “virtually guaranteed” because there is a way to retrieve them — it just requires ungodly levels of cooperation. More on this soon. The Bug There are several parts of the contract that I think should not have made it through any serious audit, such as the perverse use of percentages to assign token amounts. Nevertheless, the problematic bug that led to this article can be found on line 326 of the : contract source // calculate the bonus for one holded LGOuint256 bonusByLgo = (BONUS_AMOUNT / 4)/unspentAmounts[_bonusDate]; I’m not going to go deep into this — you can easily check what I’m saying for yourself. All you need to know is that this variable, is expecting to be assigned a percentage. Something like 0.05. If you’re a developer (from any background, not just smart contract development!) you know how absurd this is. A can only be assigned 0, 1, or any other whole integer. bonusByLgo uint256 So when the bonus percentage to dish out is calculated, the user claiming is always going to receive a 0% reward due to natural rounding-down. Besides this mistake — the bigger mistake is this: testing of the method would have found this problem. $30 million US Dollars were put into a contract where the core feature was completely untested. Any claimBonus How They “Resolved” It To their credit, the LGO team started paying out the bonuses manually, from their own reserve, which was also 20% of tokens. You can see these transactions happening over a long period of time — if you want to do in-depth chain analysis you can find one LGO-owned address dispensing a round of bonuses . here Potentially holders of LGO will be reading this and have no idea something was wrong, but this mistake cost the company ~$7M USD at the worst, if we were to value the tokens at LGO’s highest historical market cap. A Really Weird Way Out So as I mentioned when discussing the bug, the variable will always evaluate to 0. Except in one case. When is bigger than . When this happens, the remaining holders will receive one bonus token for every LGO token they hold — a 100% bonus!! bonusByLgo almost (BONUS_AMOUNT/4) unspentAmounts[_bonusDate] What can trigger this condition? Only if 95% of the holders move their tokens. Only when 5% of the tokens are still eligible for bonuses, they would all receive a 100% bonus at each of the remaining bonus dates. The really crazy part is this! If the community came together and all decided to move their tokens — completely the opposite of what the contract intended — they could potentially deliver LGO back at least some of their tokens and . You could even imagine a situation where the LGO team or another rogue developer builds a smart contract that allows the bonus to be claimed and distributed amongst the remaining holders — though good luck getting the required >95% participation. save LGO money The Lesson Be skeptical of any token contracts with overly complex functionality. “Smart” smart contract developers should be staying away from any such gimmickry, and when it is absolutely needed, it should be tested and audited to extremes. For more on interesting aspects of smart contracts find me on Twitter: https://twitter.com/codingupastorm

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