HRIS stands for Human Resource Information System. It is a software or online solution used by HR departments to manage employee data. Some key things about HRIS include:
- Stores data related to employees such as personal details, compensation, benefits, skills, training, performance reviews etc.
- Provides analytical capabilities to track trends in hiring, retention, compensation etc. and help with strategic decision making.
- Automates routine HR processes like managing payroll, time & attendance, recruitment etc. to improve efficiency.
- Integrates with other systems used by the organization like finance, project management etc. to share employee data across departments.
- Improves data security, ensures regulatory compliance and provides reports on demand.