April 2020 | PeopleStrong

One day, the CFO goes to the CEO and says, “What’s the point of paying so much to train our employees if they are going to work for another company anyway?”. In return, the CEO says, “What if we don’t train them and they stay?” Training is undeniably a crucial part of levelling up your employees in order to gain that competitive advantage over your competition.

Cholamandalam MS General Insurance Company Ltd (Chola MS) is an Indian insurance firm and a joint venture between the Murugappa Group, an Indian conglomerate, and the Mitsui Sumitomo Insurance Group, a Japanese insurance company. The firm produces a range of insurance products, including accident, engineering, health, liability, marine, motor, property, travel and rural insurance for individuals and corporate insurance.

The history of the Human Resource Information System dates to the 1950s, starting with the payroll system and evolving into the version 1.0 of HRIS in 1960s. Over the next few decades, HRIS has evolved from being just HR software and extended into the hands of the employees. It also went from something you can access on a computer to an app on your smartphone.

As companies grow, communication and collaborations can be a real challenge. You have people on different floors, different sites and for some of you, different time zones. Even if you are working in a one-person department, you would still need to communicate with someone from other departments. It could be to manage a project, to handle a transaction with HR or simply to pass a message to your colleagues.