Gaurav Bhojwani C15527 Assignment - 1

Q1. What is ERP? What are the key characteristics of ERP? What is the threshold of having an ERP?
Answer:
 ERP stands for Enterprise Resource Management. It’s a type of business management software
that streamlines business processes like inventory management, human resource management,
accounting, customer relations management and the data an organization can collect, store, and
analyze. The center characteristic of ERP device is that it keeps a shared Database. The statistics of
this shared database flows among the numerous enterprise processes which growth efficiency.

Key characteristics of ERP:

 Business integration
 Increased data security, data quality, visibility, availability and accessibility of information
 Flexible modules
 Standardization of business
 Enhanced synergy between departments
 Increased organizational control

Threshold of having an ERP:

 Business Requirements
 Functional Requirements
 Total cost of ownership and ROI
 Budget and resources
 Technology and future scalability
 Necessary customization facilities

Q2.1. List of modules in HCM

Answer:
 Human Resources
 Talent Management
 Recruiting
 Workforce Management
 Payroll
 HCM Analytics

Q2.2. Working hours in Evosys

Answer:
 8h during training but working hours in Evosys depend upon the region the employee is allocated
to.
 Gaurav Bhojwani C15527 Assignment - 1

Q2.3. Maximum overtime?

Answer:
 The total hours of work per day, including over time, cannot exceed 10 hours a day. Overtime by
any employee cannot exceed 54 hours in a quarter.

Q3. Why legal employer info is captured in legal entity?

Answer:
 A legal employer is a legal entity that employs workers. We define a legal entity as a legal employer
to capture the work relationship level, and all assignments within that relationship are automatical-
ly with that legal employer. Legal employer information is also used for reporting purposes.

Q4. What is the employment model Evosys follows?

Answer:
Evosys follows the Two-Tier employment model. It consists of two types of entities, which are work
relationships and assignments. When you configure employment model for the enterprise, you can choose
from the following options:
 Single assignment Single contract – Each work relationship of any type has one assignment only.
The assignment is created automatically when the work relationship is created.
 Single assignment Multiple contract - include contract information in the single assignment. This
approach enables those legislations that require contract information in employment records to
meet their obligations without having to use a three-tier employment model.
 Multiple assignment Single contracts – One assignment is created automatically when the work
relationship is created.
 Multiple assignment Multiple contract - Additional assignments are optional and are created
manually.

Q5. Create 2 different Business Units using COMMON SET?

Answer:
 Go to Settings and Actions Menu
 Click on Setup and Maintenance
 Click on Tasks
 Click on Global Search
 Type “Manage Business Unit”
 Click on Create
 Enter name of Business Unit
 Enter Data Set
 Save and Close.
 Created following Business Units under a common set:
◆BusinessUnit1
◆BusinessUnit2
 Gaurav Bhojwani C15527 Assignment - 1

Q6. Why companies go for multiple legal entities in a common jurisdiction?

Answer:
 A multi-entity strategy typically involves two different types of entities. The first is an operating
company and the second is a holding company. The operating company has access to, and usually
ownership, but not ownership of the assets. The holding company owns the assets but does noth-
ing else. This is beneficial because if the operating company assumes legal liability as part of its
business operations, it becomes very difficult for anyone to gain access to the holding company's
assets. it can continue to be operated after court proceedings have been resolved, since the assets
are protected since the operating company bears the entire risk.

Q7. What does the Labor Law of India say about Employee working hours and other details like Comp
Off/Leaves/Gratuity etc?
Answer:

7.1 A worker cannot be employed for more than 48 hours in a week [Section 51]. Weekly holiday is
compulsory. She/he cannot be employed for more than 9 hours in a day [Section 54]. Overlapping of shifts
is not permitted [Section 58].

7.2 An employee is entitled in every calendar year annual leave with salary at the rate of one day for every
20 days of work performed in the previous calendar year, provided that he had worked for 240 days or
more in the previous calendar year.

7.3 Gratuity is payable to an employee on termination of his employment after he has rendered
continuous service for not less than five years:
 On his superannuation
 On his resignation
 On his death or disablement due to employment injury or disease

Q8. Read your appointment letter from Evosys thoroughly, with every detail.
Answer: Done

Q9. Remember your Employee ID for Evosys

Answer:
 C15527
 0122HCM55 (Intern ID)