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HR Software Requirements for GDPR Compliance

As organizations become more and more dependent on technology, the challenges of having to deal with the flip side of Technology becomes inevitable. Among the many evils of modern technology, compromised data privacy and data security is definitely one of the most challenging ones. As people use a network to share their information, all the information out there is exposed to threats, phishing and misuse. Sometimes, the websites that collect user data, share it with third parties for advertising purposes, and even for financial gain. Thus, the user is in complete darkness when it comes to the whereabouts of his/her personal information.

Not just that, in recent times, there also have been many cases of organizations themselves selling the information of users, which they have in the database, to third parties for financial or other gains. The fact that Facebook sold all of the data (of millions of Facebook users) with no consonant from them whatsoever, makes one truly doubt the security of the information that people share with the different websites and applications that they are using. This has called for very strict laws for data privacy and GDPR was formulated for this purpose.

Today, every organization that deals with citizens of the EU and their personal information, needs to comply with the GDPR regulations. This applies to all of their products and websites. Since HR software is one of the most common software used in organizations today, this article looks at ways in which HR software can be GDPR compliant. Digital HRMS is a good example of a GDPR compliant software, and other examples include Keka and HRMantra.

To begin with, the organization should be aware of the information that is being stored, collected and also how it is used. This is to ensure that necessary security measures are implemented to secure the type of data collected by the company. The new age HRMS software mentioned above, are built in with advanced security features for this purpose. This provides users with encryption and access control for maximized security.

Data management is another aspect to GDPR compliance that HRMS software can help organizations deal with. For this, organizations need to invest in HRMS software that comes with content integration functionality. When data is in a manageable digital format, it can be much easier to monitor, keep a tab on, store systematically and access as and when required.

GDPR compliance also calls for timely reporting of information breaches. Hence, software to use should be able to track notify breaches if and when they occur. Also, when organizations are collecting personal data of employees, having their consent for the same is mandatory. A good HRMS system should be able to help you track employee consent for the information that they have submitted.

Another important requirement of GDPR compliance that an HR software should have is simplified data deletion. In addition to these measures, the HR software should also provide a platform for the users to get the queries about data privacy resolved correctly.

GDPR of compliance is mandatory and requires the organization to take multiple steps to ensure complete compliance. Looking for these requirements can help an organization find the right HRMS software.

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Three Simple Reasons to Use a Massager for Muscle Knots

Muscle knots or contraction of the muscles is the result of overworked or strained muscles or even trauma. It is an involuntary state or a phenomenon known as muscle guarding where the body protects the injured muscles from more damage and initiates the healing process. Muscle knots can appear as a hard unripe mango, and it can be extremely painful. It can be considered as a shell to protect the body from further injury. However, you can treat muscle knots using a percussion massager gun. These guns work with a foam ball that moves back and forth. It strikes the muscles consistently, allowing the muscles to relax. Some of the significant reasons to use a percussion massager for muscle knots include the following.

Relief from pain and discomfort

Percussion massagers are powerful devices, which works its way into large muscle knots and loosens them effectively. It stimulates the flow of blood and thereby reduces inflammation and pain. Muscle knots can be quite painful as the muscles bunch up in the area and restrict your mobility. These devices stretch the fibers of your muscles and relax it, preventing the chance of future injuries. It is also relatively easy to use this device on your neck, legs, spine, arms, chest, and feet to alleviate pain and discomfort. As the use of this device increases the flow of blood and oxygen to the body, it also speeds up the process of recovery.

Convenient and easy to use

This powerful handheld device is shaped like a modified axe, though it is available in different designs and styles. It is quite easy to use this device when you understand the functions of different kinds of customizable heads and attachments. It is light in weight and easy to carry around which makes it one of your best workout accessories. You can avail percussive therapy in the comfort of your own home when you choose to invest in a good-quality percussion massage gun. As it is battery operated, you can use this device anytime and anywhere. Moreover, there is hardly any need to visit a therapist when you have a percussion massager for muscle knots.

Versatile device

Available with different types of interchangeable massage heads and attachments, this device can be used not just to treat muscle knots but for different parts of the body when you experience pain and stress. A massager for muscle knots includes a high-speed motor that works effectively on the knots and relaxes the muscles. It thereby reduces the unbearable pain associated with muscle knots.

A percussion massager for muscle knots functions at a high speed with a low level of noise- a rare combination. Today most of professional athletes and boxers use this powerful device to alleviate body ache, muscle sprains, and knots.

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How To Choose A Broker To Open A Demat Account Online?

A Demat Account is necessary when you wish to invest in Equity, Mutual Funds, Non-Convertible Debentures (NCDs), Government Bonds and the likes! First things first, what is a Demat Account?

Demat Account/Dematerialized Account acts like an online vault for the securities you have purchased. Your Demat Account is managed by a Depository. There are two in India – National Securities Depository Ltd (NSDL) and Central Depositories Services India Ltd (CDSL). However, it is important to mention that you cannot directly open a Demat Account with the Depository, you have to do so with a Depository Participant. A Depository Participant or a DP could be a Broker, Financial Institution, Bank, etc.

In this article, we’ll focus on the things you need to consider when opening a Demat Account with a Broker. Why Brokers? Because given the nature of the Demat, a Brokerage firm offers a plethora of associated services, as compared to a bank or any other financial institution.

Let’s get down to the factors you need to take into account when choosing a broker to open a Demat Account online.

The Type Of Broker Yes, the ‘broker type’ is important and there are two kinds that you can open a Demat Account with. A Full-Service Broker and a Discount Broker.

A Full-Services Broker provides you with a set of integrated services that facilitate a seamless investing or trading experience across the capital markets.
A Discount Broker, on the other hand, provides you with a trading platform and a flat brokerage charge.
Ideally, a Full-Service Broker is well-suited to both a beginner and an expert in the stock market, since they provide additional services like Research Calls, Relationship Managers, Call and Trade Facility, and Trading Platforms, in addition to many others.

What Are The Charges?

There is the Custodian Fee, Demat AMC Charge, Account Opening Fee; which are naming the standard few. These charges may vary from broker to broker and are nominal in most cases. A thorough comparison is advisable before you commit to opening a Demat Account with a broker. Another fee is the Brokerage, which is levied on your trade transactions. When you look at it, normally a discount Broker will charge less as compared to a full-service broker. This is so because the Full-Service Broker also provides you with a full set of comprehensive services to make your investing journey more convenient. Have a go at the services offered by the Full-Service Stock broker before you decide to call the shots on whether it is well worth it or not based on brokerage.

Are They Supportive? Yes, it is an important criteria. When it comes to matters of money, no one likes to be kept hanging. A good support team is crucial when choosing a broker to ensure that at any time when nuisance strikes, you are backed up and well at that. Apart from looking at the support team ratings and feedback, have a look at what mediums the support is provided on. Phone, chat and email sound good; but a local office, a dedicated relationship manager or a back end support team takes top place. It may be just the right answer to your woes.

Is The Trading Platform Feature-Rich?

Check if the broker provides you with a trading platform that is compatible with the device of your choice. No one likes hiccups in the middle of a mindful trade. The second thing to check off your list is the features. Innovation is necessary, and you must look at the features that enable you to have a simple or convenient trading experience, rather than unnecessarily complicate stuff. UI is extremely important, check to see if it is clean and easily navigable. Does it have hands-on features that keep you updated about your portfolio, price and orders at all times? Does it make the whole experience easier? Does it provide the necessary data that may help you make informed decisions on one platform? Asking yourself these questions is important, before you take the first step to open a Demat Account.

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