Recording DATA
Activity 1
Reasons why organisations need to collect HR Data.
It is important for organisations to collect and retain HR data as this will be key for strategic and HR planning. It will also help to have all the information necessary to make informed decisions, for the formulation and implementation of employment policies and procedures, to monitor fair and consistent treatment of staff, to contribute to National Statistics and to comply with statutory requirements.
The key organisational reason for collecting information is to meet legislative and regulatory requirements. Organisations need to demonstrate compliance with the following:
Minimum wage
Working time
Time off for training
Equality
Health and Safety
Organisations need to keep accurate records of their employees in order to be able to use this information for planning ahead for the business. Also accurate records of employees are kept in order to help the organisation make precise decisions whenever queries arise in relation to each employee on a case by case basis. Organisations need to collect data in order to comply with regulations such as minimum wage, working time directive and health and safety.
It is also important to keep and track training and performance records on employees to enable management to assess productivity and performance, to help the employee develop with personal development plans, and to help them work to their full potential.
It is also useful to keep and maintain records is for Tax purposes, National Insurance and Pension related information.
It is a legal requirement for organisations to retain data. They need this to be able to make accurate tax returns to the government then the organisation will need to store certain data for each employee. Also for payroll purposes, personal details of employees need to be kept. Other reasons organisations keep data is to make it available to employees, such as information like the organisation structure,
Reasons why organisations need to collect HR Data.
It is important for organisations to collect and retain HR data as this will be key for strategic and HR planning. It will also help to have all the information necessary to make informed decisions, for the formulation and implementation of employment policies and procedures, to monitor fair and consistent treatment of staff, to contribute to National Statistics and to comply with statutory requirements.
The key organisational reason for collecting information is to meet legislative and regulatory requirements. Organisations need to demonstrate compliance with the following:
Minimum wage
Working time
Time off for training
Equality
Health and Safety
Organisations need to keep accurate records of their employees in order to be able to use this information for planning ahead for the business. Also accurate records of employees are kept in order to help the organisation make precise decisions whenever queries arise in relation to each employee on a case by case basis. Organisations need to collect data in order to comply with regulations such as minimum wage, working time directive and health and safety.
It is also important to keep and track training and performance records on employees to enable management to assess productivity and performance, to help the employee develop with personal development plans, and to help them work to their full potential.
It is also useful to keep and maintain records is for Tax purposes, National Insurance and Pension related information.
It is a legal requirement for organisations to retain data. They need this to be able to make accurate tax returns to the government then the organisation will need to store certain data for each employee. Also for payroll purposes, personal details of employees need to be kept. Other reasons organisations keep data is to make it available to employees, such as information like the organisation structure,