Most organizations claim that their staff is their
most valuable asset; collectively, they are typically
the most costly assets, accounting for over 40% of operating
costs; but they are also the only assets that can grow.
They are one of few assets that are becoming more difficult
to acquire; they are the only asset that becomes increasingly
difficult to specify; they are one of few assets where
the unit cost is increasing in real terms.
Human Resources Management System (HRMS) is a software
application that combines all human resource functions,
including administration, payroll, recruitment &
training, performance analysis and review into one package.
HR modules, shape an intersection in between human
resource management (HRM) and information technology.
It merges HRM as a discipline and in particular its
basic HR activities and processes with the information