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Understanding Percentage Calculations in HR and Payroll with ByteHR

Learn how to calculate salary increases, bonuses, commissions, and profits using percentages in HR. Discover how ByteHR’s HR software and payroll system automates it all.

Why We Choose Profit Over Unicorn Status

In today's fast-paced tech world, it seems like every startup is chasing the unicorn dream – exponential growth at all costs, fueled by venture capital and a "grow or die" mentality. But at ByteHR, we've chosen a different path. We're proud to prioritize profitability, sustainability, and long-term value creation over the pursuit of hypergrowth.

The AI Revolution in HR: Separating Hype from Reality

In recent months, Artificial Intelligence (AI) seems to be on everyone’s mind, particularly in the HR industry. As a provider of HRMS software for companies in Thailand, we've heard concerns from many of our users about AI potentially taking over their jobs.

What is Payroll?

Simply put, payroll is the process of paying employees the correct amount at the right time. The process typically involves keeping records of employees and relevant data and calculating how much they are due. This process also involves calculating income taxes, pensions, social security health contributions, provident fund contributions and other expenses.

What is HR?

As companies grow larger and gain more customers, they need more staff to help them with their tasks. For small businesses, managing a handful of staff is not usually a problem but the task becomes much more demanding when more staff are involved.

How HRM Contributes to an Organization Performance

Most companies will have a human resource department that is often associated with catering to staff welfare. However, this department and its team serve many other key purposes that are essential to employee management and organizational success.