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SAP HUMAN CAPITAL MANAGEMENT (HCM)

WHAT IS HUMAN CAPITAL MANAGEMENT?

Human capital management (HCM) is an approach to employee staffing that perceives people as assets (human capital) whose current value can be measuredand whose future value can be enhanced through investment. Superiors are responsible for rating, rewarding, and holding employees accountable for achieving specific business goals, creating innovation and supporting continuous improvement.

  • They need to follow country / state government rule
  • They have definite life, Employee lifecycle
  • They need medical help, need all safety parameters for job
  • Needs to take care even after retirement till death
  • Needs an unique identification and position to recognize
SAPLING’S UNDERSTANDING ABOUT HCM ?

Competition is so fierce and change is so fast, employee must have the same or better skills and abilities to improve bottom line.

  • Every state / country has different rule for an employee
  • All employees are informed and updated about company policies
  • All employees are given compensation and various facilities
  • All employees needs to be medically fit and checked periodically
  • From hire to retire, full information are stored for easy retrieval
  • Training and motivation are key challenges for every organisation
  • Maintaining attendance with various identification technology
HOW DO WE MEET THIS CHALLENGE ?

  • Team of experts with full information about country specific rule
  • Team who worked in HR core functions for many years
  • Clear understanding of processes and ERP solution
  • Country specific knowledge about Payroll, Hiring and maintaining
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