Archives September 2022

Modern HR departments have many hats. Contract management is one example of all the many hats they wear daily. The importance of contracts between employees and employers is paramount. Proper management of these documents is crucial to a successful business. The contract management process could go wrong or not be optimized in many ways.

Poor contract management can have devastating consequences for both the company and the employee. Below are some strategies for contract management that HR departments should keep in mind as the workplace and labour market continue to change rapidly and in unpredictable ways.

What Is Human Resource Contract Management?

Human resources contract management refers to the management of operations within an organization. It is similar in concept to sales and procurement contracts. It also shows the business relationship between employees, organizations, and certain terms and conditions. Managers must consider human resource contract management’s strategic and critical aspects.

Strategies for Contract Management That HR Departments

Keep On Top of Storage and Handling

Good contract management is both compliance- and organizational-oriented. Contract storage and handling are essential components of good contract management. The best contract management software provides digital contract repository which is an essential component of document management.

It provides peace of mind for clients, employees, suppliers, vendors, and clients. Because everything is centralized, it makes it easy for employees and new employees to access the information they need, especially if they are unfamiliar with the details or disorganization in their employer’s document management.

Establish A Centralized Location

Until the advent of contract lifecycle management, all employee contracts were kept in large filing cabinets. The principle remains the same, regardless of whether you store your contracts in a filing cabinet or on the cloud: HR departments must keep all contracts in one central location. This makes it easier to search for contracts that need to be amended or referenced, saves time, and ensures employees and managers know where they are.

It is evident that having sensitive data in one central location is a challenge. This requires cybersecurity.

Easy Signing

Contract signing part of drafting a contract is usually the hardest. Getting both parties to sign a contract can be difficult, primarily if it is not located in a central location or if there are disputes over terms or benefits. It is essential that you have e-signing capabilities in your contract management process.

To avoid potential bottlenecks, both employees and the company should have easy access to the same document and be able to insert signatures from both sides easily. Sometimes, inefficiencies in the signing process may cause employees to be hesitant or give the impression that the organization isn’t forthcoming about their rights and obligations under the contract.

Performance Should Be Regularly Assessed

Your HR department should begin mapping out KPIs for contract management. The most common performance indicators are contract length, employee satisfaction, and relationship quality. They also show how strict you follow milestones and deadlines. And how expensive it is to update and maintain contracts.

HR departments can also learn from past mistakes by conducting regular performance assessments. Assessing how specific language in contracts affects clarity, employee satisfaction, and dispute resolution is crucial. This will ensure that both employees and the organization understand what is expected.

Keep Track of Deadlines and Major Milestones

The number of employees a company hires, whether full-time, part-time or contract workers, increases as it grows. It becomes more challenging to keep track of employment and other contracts once this happens. Different employees will have separate contracts. They may have additional terms and deadlines. Good contract management requires that you keep track of all these differences.

Leverage Templates

Consistency is a crucial component of good contract management. Standardized language templates that have been reviewed and approved by your legal department can help you save time and reduce risk. Templates can also help you understand your contractual obligations better. A template can save businesses a lot of money as it makes it easier to find legal experts when a new contract needs to be drafted.

Avoiding jargon and using simple language are two of the best practices for contract templates. This makes it easier for clients, employees, and vendors to understand and make contracts more easily understood by all parties. Once a template structure is established, it can be modified and updated as necessary as part of the review process described in the previous paragraph.

Sometimes deadlines and milestones are difficult to meet, and some require specific actions by employees and employers. An HR professional can have a much easier time monitoring and prepare for these dates with a good contract management system. This will help to avoid being left behind, which could lead to significant consequences for both the company and the employee.

Continuously Review Your Process and Assess Your Goals

Contract management is dynamic. It evolves to meet market realities and business goals. The first rule of good contract management for HR professionals is to have a built-in review process that constantly reviews procedures and ensures that contract management aligns with organizational goals. These goals could be cost savings, risk management, or increased transparency between employees, employers, and their families.

Understanding why you are changing your contract management processes is crucial before the review begins. It takes time to create a contract management system. Auditing and tweaking it can be complex.

Water is the most demanded and the most important medium on Earth as well as in the human body. It is the basic necessity to lead a life.

Water is fundamental to all the living creatures and in human body it is the primary component of every bodily fluid and involved in almost every bodily function.

Our body needs water & there’s no substitution to it. One has to drink at least 7-8 glass a day to be healthy and cheerful. But here are some of the uncomfortable facts: in spite after so many years of independence, still there are plenty of households in the country that don’t have adequate amount of drinking water facility. Still over 80% of our population is dependent upon the tap water thus, exposing them to various water borne diseases.

Here are some of the disadvantages of consuming tap water, further in this article, we would also tell you the benefits of pure water and why having water purifier is so important to our health.

• Comes from the surface: Most of the tap water comes from the surface or ground water and thus, plantas purificadoras de agua chances are high that it would be contaminated with harmful substances that are harmful for your health.
• They are not fit for drinking: As straight as we should say, tap water is just not safe for drinking that’s it. Over 50% of the municipal water supplies don’t meet the government standard. Though government works hard to purify it but still sediments and other contaminants are picked through ageing pipes anyways.
• They are not meant for drinking: The tap water which comes to our house is basically meant for washing clothes, utensils and at best for bathing. But most of us use for drinking also & that’s why the problem arises.

Well, you may find the above mentioned facts a bit uneasy, but it is really very important to understand the crux of it. We should understand why drinking pure water is so essential for having good health and why consuming water is just not a mere time pass but a necessity of life. So let’s discuss:

Drinking purified water does a lot more than just filling your tummy and quenching your thirst. It keeps your body in great working order. Drinking water throughout the day (one glass every 20-30 minutes) will help your body function at optimal levels. It can improve memory and concentration (most essential for the young students), reduce joint pain, chronic fatigue and allergy symptoms; it can also reduce the risk of cancer by 50 to 80% (beneficial for elderly people).

As we all know that Science & Technology have really grown and keep coming with the new solution of every concern. RO (Reverse osmosis) purification system is such which is really becoming popular because of its ability to provide fresh and clean water. Though it is not a new concept and is in the market for years, but because of the recent level of growing water borne diseases, it came into the prominence. First of all, we have to see how it works.

In Reverse Osmosis process, the present contaminants in the water are removed by using pressure to force water molecules through a semi-permeable membrane. During the whole process, most of the harmful substances are washed out. Thus, the water you drink afterwards becomes tastier and makes you feel more energetic.

People love to gamble, the thought that maybe just this one time they’ll hit it big is just too tempting to ignore. Some enjoy going to the track, others the casino, and then you have the ones that enjoy their lottery tickets. The general thinking is that someone has to win, so why not them? And, that is true, someone always wins and that win can have a dramatic affect on a person’s life and bankroll almost instantly.

For years, people have been trying their luck at the lottery. It is the one game of chance that requires no skill, doesn’t discriminate against anyone that plays, and people from all backgrounds have walked away millionaires from it. The odds of winning, and losing, are the same for everyone. The only thing that affects that is how many tickets a person buys. Now with the many different lottery games out there, like Powerball or Mega Millions, people are trying their luck one more than one game.

In the past, if you wanted to play the lottery you had to head down to the store and stand in line. Then when your turn came up, you either filled out a ticket or told the clerk the numbers you wanted to play. Although an easy way to get your ticket, it wasn’t exactly convenient. And, forgetting to stop for your ticket usually only occurred the night your lucky numbers were drawn.

The opportunity to buy lottery tickets online has changed all that. Now it is just about impossible to forget to play your numbers. It is also convenient, especially if you like to play the same numbers all the time. You can play the same numbers over an extended period of as many days or weeks as you like, just by paying once. That allows you the peace of mind knowing that if your numbers pop up that night, you’ll already have played them and can collect your winnings.

The added advantage of getting your lottery tickets online is the fact you don’t have to leave your home to do it. satta matka No more waiting in those long lines, which could be quite long when a large jackpot was announced. No more worrying about others trying to compare their numbers to yours. You have the luxury of sitting comfortably and leisurely in your chair and choosing your numbers at your own pace.

Online lotteries also have another advantage; you don’t have to just play your local and state lotteries. Today you can play the lottery in another state, like Texas, California, or Florida. You could also take your chance by playing the lottery in another country to try to get your hand on some of those winnings.

Buying and playing the lottery online is not only easy, but a popular way for many to get their tickets. All you need to do is find a reputable lottery site, register, and begin purchasing your tickets online with your credit card. You may also have the added benefit of some tips and strategies from the site as well as information on past winning numbers and payouts on the games. Those that do win have the option of having their tickets sent to them to collect the money themselves or have the company collect the money and transfer it to their bank account for them.

Somebody has to win and buying lottery tickets is just one way to buy yourself a chance at a richer future. That is why many are using online lotteries for their tickets and taking their chances not only with their state lotteries, but one’s from other states and countries. Using the internet to buy your lottery tickets is one way to eliminate the frustration of forgetting to buy your ticket and missing your chance to change your life.