Proposal of Human Resources Management System

            In the Sultanate of Oman the Bank Muscat is major financial services provider with presence in retail banking, corporate banking, treasury, investment banking, asset management and private banking. The human resource management system in the organization helps the HRM team to effectively manage the people by using efficient IT systems. The Bank Muscat being a leading company in the industry now focusing on the optimization of their processes, operations and the customer services.

Feasible Study of Human Resource Management System of Muscat Bank of Oman

            The Human Resource Management System purpose in the Muscat bank is to collect different administration processes and human resource in a centralized position, from where the executive can also allocate tasks, evaluate and monitor progress, and give reward to the best one in team. Fundamentally, Human Resource Management System takes Muscat banking a step forward in decision making improving, and does competitive, lite price.

Identified Problem of Human Resource Management System of Muscat Bank of Oman

        In the organization the major issues is to make the operations and processes optimize that would in long run help the company to have a profitable business. In any organization like Muscat Bank, the improvement in the process is only possible by improving the performance of the employees.

Two problems that appeared and need to be faced from The Muscat Bank in the use of Human Resource Management System are such as:

Handling payment, salaries, or payrolls for the employees are the problems in financial sector.

Solution for this problem:

        The Muscat Bank could solve the problems with these steps:

        Detail the amount of dependent relative and payments that every single employee will be requesting, then make a schedule for the payroll, next, make a method to calculate the paychecks automatically, then also reserve the accurate number of taxes from every employee’s paycheck, and last, also folder the tax form.

Unable to manage the appraisal in the performance.

        Solution for this problem:

    The Muscat Bank could solve this problem with first, make conclusions around salary, promotions and also occupations. The second is identify the expansion requirements of every employee.

Features of the Proposed System of Human Resource Management System of Muscat Bank of Oman

        Some of the features of the HRM system in the Muscat bank are mentioned as performance evaluation, time tracking & attendance management, learning management, employee scheduling, recruiting & applicant tracking, payroll management, analytics & reporting

Alternatives of Human Resource Management System of Muscat Bank of Oman

        The Bamboo Hr system can be an alternative to the HRM system in the Muscat bank, as it suggests a modern and sleek interface that makes the HR management work pleasant rather than uninteresting.

Great new employee’s on boarding of Human Resource Management System of Muscat Bank of Oman

When it comes to newly recruit employees, Bamboo HR does an unresolved job also.

Benefits management and performance administration of Human Resource Management System of Muscat Bank of Oman

All power of the administrative is organized in organizational chart and its Employees tab that can be effortlessly modified.

Applicant tracking system of Human Resource Management System of Muscat Bank of Oman

Bamboo Hr makes employee management and hiring significantly easier and is better as compare with the many of the HR systems.

Role-based access to information of Human Resource Management System of Muscat Bank of Oman

Following is traditional HR management concept, this well-integrated stage offers role-based information access.

Reporting features of Human Resource Management System of Muscat Bank of Oman

        The reporting capabilities cherry on top description. With the reports the standard Equal Employment Opportunity, the management of the HRM can use HRM system to pull out profits reports.

Features of the Bamboo Human Resource

    Some features mentioned inside the Bamboo Hr are Centralized Employee Database, Easy to use system, Report Generation, Controlled Access, HRIS Software, etc.

Criteria for Selection

Cost benefits analysis of alternatives of Human Resource Management System of Muscat Bank of Oman

        Cost benefit analysis consider a tool in the management of the project. It helps in evaluating the cost and benefits of the project. It also include payback period, net present value, internal rate of return and return on investment. The difference between cost and benefit determine with different methods that help to determine how much cost and benefit favorable for the organization.

Output design of Human Resource Management System of Muscat Bank of Oman

        Output design of the system must be clearly explain that what sort of information they are going to provide to their users. Output designs must be prepare carefully as it provide the solution of problems happen within the organization and all the results depend on the output of the system.