Wednesday, October 1, 2008

Oracle E-Business Suite Human Resources Management System

Before I became an independent applications developer, I was employed in a couple of companies until I jumped shipped. I do admit that overall I had beautiful experiences with those companies but I also had minor problems with them and had often heard of the problems of other workers.

Managing people resources is not an easy job. We all know that people have diverse backgrounds, different levels of skills and skill sets, different perspectives, values and work ethics. For many years and even until now, these differences have caused a big challenge to human resource managers on how to capitalize on the collective and individual strengths of resource as well cushion the impact of potential conflicts brought about by the differences.

Costs related to human resources management have reached a stunning 60 percent of total corporate spending. Companies are continually developing new models and strategies for human resource development and management which would give more intense attention on efficiency, effectiveness and productivity, all in all translate into company profitability. Oracle has dubbed this as a "new model Workforce Excellence" with the belief that this will be the solution of HR problems of companies regardless of size, segment in the industry and geographical location.

Oracle's E-Business Suite include a Human Resources Management System to be tailored to new models implemented by modern companies.

The new work force model as developed by Oracle in Human Resources Management System is all based on global best practices regardless of whatever boundaries. It offers a life cycle benefit program that can address the changing needs of both the company and is employees. The application has role based features so online access can be control with limiting privileges to some employee while granting more the higher positions. It can also link existing an existing employee's core competency data with job assessment documentation so that appropriate action related to the employee's growth, performance optimization and development can be taken.

As an employee in the past, I have experienced and heard of problems from co-employees such as favoritism and rewards go undeserving employees. Of course there are also problems on jealousies. The Oracle E-Business Suite Human Resources Management System can help overcome those problems by developing a "Total Rewards" philosophy. This philosophy is based on the premise that employees can have incentives, which may be cash or non cash, depending on their performance. Of course the performance is also reflected on the employee monitoring feature of the application.

The Oracle E-Business Suite Human Resources Management System also has an effective standards documentation in terms of workforce administration processes across the whole organization as well as its divisions. This will help the human resource department identity correct or possibly eliminate costly redundant practices.

That's it on the Oracle E-Business Suite Human Resources Management System. Although I have chosen a career path as an indie developer, I believe professional growth can be achieved anywhere as long as best practices are followed.

See you tomorrow with another member of the Oracle E-Business family.

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