Thursday, 8 June 2017

Title - Payroll Management: Case study of a reputed Hospital in Mumbai

Title - Payroll Management: Case study of a reputed Hospital in Mumbai





                                                    Table of Contents




1.      Introduction

Personnel or human resource management refers to the management, both individually and collectively, of an organization’s most valuable resource, the people it employs. The goal of human resource management is to attract and retain a workface that will enable the organization to achieve its purpose and objectives. Human resource management also involves the training and development, health and welfare and performance improvement of each employee. In addition, it supports the organization’s capacity to plan, monitor and evaluate its own performance. It follows that the creation and control of personnel records are critical to the success of an organization’s operations. The effective management of personnel records enables organizations to manage their employees efficiently and equitably, encourages informed and consistent decision making, supports transparency and accountability and facilitates the monitoring and evaluation of staff performance. All operations in relation to human resource management, from preparation of pay slips to strategic planning, ultimately depend on reliable and accurate personnel records. The records professional needs to understand the special characteristics of personnel records, the legal framework for HR management and the effect of changing technology on the nature and structure of personnel records.
This unit begins by discussing the characteristics of personnel records: most notably, that they are found throughout organizations; they can be linked with other systems in the organization; and they can be used for many different purposes. The unit also discusses the fact that personnel records are critical to the operations of the organization, they can consist of large quantities of highly sensitive information and they must be retained and protected for extended lengths of time. The unit also considers the legal framework for personnel records management and some important issues associated with the impact of computerization on personnel records.

1.2.            Characteristics of Payroll Records

While sharing characteristics with other types of records, payroll records have some special characteristics, as outlined below.
Organization wide
Organizations normally maintain personnel records of some sort at many different levels within their organizational structure and in different physical locations in offices. This variety of location has implications for the duplication of records as well as for the communication and sharing of information about employees. It also has implications for ensuring the reliability of records in order to provide evidence of HR events, especially when records are located in widely dispersed locations.
Links with other systems
There are strong links between personnel record-keeping systems and other government systems, notably systems dealing with budget, payroll and pension management. Personnel records provide the evidence and authority to pay salaries and benefits to employees. Personnel costs are likely to be the largest single item of expenditure in the public sector budget, and personnel records ultimately enable governments to be accountable for this expenditure.
Different uses
Personnel records provide a basis for planning, decision making and conducting business in every area of human resource management, whether in relation to the individual employee, to groups or categories of employees or to the entire workforce.
Importance
Reliable personnel records support the efficient management and use of the organization’s single most important resource, its people. However, the quality of personnel records also directly affects the employees themselves, as well as their families, in relation to job security, pay and entitlements. Personnel records document the contractual relationship between employer and employee and provide a history of the employee’s career. The information held in these records is used to make a wide range of decisions, for example about promotion, transfer, termination or disciplinary action. The records also provide the authority to determine pay and other benefits, including pensions. Personnel records must be accurate and complete, and they must also be trustworthy to both the organization and the employee.



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