Thursday, April 28, 2016

What is endpoint security?

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Endpoint security management systems, is a software or a dedicated appliance that, Discover, Manage and Control computing devices that request access to the corporate network.
Required elements may include an approved operating system, a VPN client and anti-virus software with current updates. Devices that do not comply with policy are given limited access or quarantined on a virtual LAN (VLAN). Endpoints that do not comply with policy can be controlled by the system to varying degrees. For example, the system may remove local administrative rights or restrict Internet browsing capabilities.
Endpoint security systems work on a client/server model in which a centrally managed server or gateway hosts the security program and an accompanying client program is installed on each network device. When a client attempts to log onto the network, the server program validates user credentials and scans the device to make sure that it complies with defined corporate security policies before allowing access to the network.

Ever heard of Employee "Operational Assets" ?

Employee Assets are the operational temporary assets given to an employee by the company to carry out his daily work task. It can be a laptop, a phone, a sim card, Utility, tools and Equipment depending on your Industry.
Asset Management allows you to define
  • Asset Types and Asset Items, e.g. Laptop, Cell Phone, etc., assign them to Employees so when an Employee leaves, there is a clear record of what assets need to be returned
  • Asset Management is integrated with Onboarding Management and off boarding Management. During Onboarding an automatic Request can be sent to the appropriate department to issue Assets for a new Employee, and during off boarding a similar Request can be sent to ensure all Assets are returned to the Company as per Policy.
From a recent survey conducted, many HRs fail to take control of employee operational assets, because they are not able to run Items, lists and Due Dates in Excel Sheet.
There is some good newssoftwares are available now included on the HRMS package that allows you to manage Employee temporary assets. Here is one example that manages employee assets brilliantly. If you want to know more details, you will have to write in a mail,i'll share all the details and finding about this software.
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you can manage a lot of options !!Screenshot 2016-04-20 01.05.51

To Account all the valuable items the company buys and allocates to employee thus, arise a need to manage and maintain the assets which requires an effective asset management system in place.
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Even the Army will need a kickass software solution to manage their tools!! What Say?

BYOD : Bring Your Own Device

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BYOD is an emerging best practice for  employees the freedom to work on their own devices while relieving IT of significant financial and management burdens.
Bring Your Own Device (BYOD) refers to an organisation led program which permits employees to bring personally owned mobile devices (laptops, tablets, and smart phones) to their workplace, and to use those devices to access privileged company information and applications. It is a known enterprise mobile strategy which has gained acceptance in numerous markets,
WHY BYOD?

Increased productivity and innovation

Employees are more comfortable with a personal device and become expert using it—making them more productive. Personal devices tend to be more cutting-edge, so the enterprise benefits from the latest features. Also users upgrade to the latest hardware more frequently.

Employee satisfaction

Your people use the devices they have chosen and invested in—rather than what was selected by IT. 83 percent of users considered their mobile device more important than their morning cup of coffee. Allowing employees to use personal devices also helps them avoid carrying multiple devices.

If you’ve decided BYOD is right for your business, click here to start discussing requirements. Since Kyrus Technologies is into Managed Services, your test environment immediately becomes production with no loss of data. If you’re still in the early stages of your mobile strategy, Kyrus offers a wealth of educational resources and POCs.
#kyrustechnologies

Server Virtualization as 1st step to the Cloud

Virtualizing a server environment to increase utilization and resource pooling of physical servers is one of the first steps in moving your organization towards the benefits of cloud computing - better aligning your costs with actual resource utilization, ease of scaling based on business demand, and increasing your employees' productivity by giving them anytime-anywhere access to their work and applications
  1. Increase resource utilization
  2. Use less space and electricity
  3. Easily scaled
  4. Faster deployment
  5. Increase productivity
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A private cloud is a fully secure infrastructure where an organization's virtual environment runs on dedicated hardware that's specific to that organization only. The hardware is not shared with any other external organization. Kyrus technologies offers services and expertise to help you determine what type of private cloud infrastructure best meets your objectives - whether it is a private cloud hosted on-premises at your facility, or a private cloud hosted offsite at a secure datacenter.
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Cloud computing through virtualization helps organizations realize greater agile and IT service delivery, reduced complexity and costs, and greater business responsiveness. Kyrus Technologies is your partner and local resource to outline the benefits of a private cloud through virtualization, and implement the right solution that best meets your business objectives.

What is a Salary Structure?

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Salary Structure is a process that determines how much an employee is to be paid as Compensation, based on set of standards designed in an Organization.
Major Heads for Salary Computation:
1.Basic: 
Basic salary is the amount paid to an employee before any extras are added or taken off. It is a fixed part of one’s compensation structure usually set as per the governing body.
2.Allowances:
Allowances or additions namely, HRA, Conveyance,  Medical, Leave Travel. Some allowances are considered Tax free upto a certain limit defined by the Labor Departments.
3.Claims:
A part of the salary of an individual is made up of billed claims.Examples include Mobile Allowance, food allowance, medical Allowance. However in most organization i have personally come across, there is a maximum limit to claim amount. And a bill needs to be submitted for claims.
4.Deductions:
A major part of the salary structure also included deductions, Compulsory deduction like PF (Provident Fund), PT (Professional Tax) are part of the compensation structure, but you do not get them as part of your in-hand salary. (In the trailing blog post, We will put together in detail the deduction calculation process.)
As such, although it increases your CTC, it does not increment your net salary.
5.Performance Pay:
Linking a part of the salary to productivity and performance has become a trend in today competitive market. You get the complete amount only on achievement of set monthly targets.
6.Gross Salary:
It is the amount of salary paid after adding all benefits and allowances and before deducting any tax.
7.Net Salary:
Is what is left of your salary after deductions have been made.
8.Cost to Company:
Companies use the term “Cost to Company” to calculate the total cost to employ. I.e. all the costs associated with an employment contract. Major part of CTC comprises of compulsory deductibles. These include deductions for provident fund, medical insurance etc. They form a part of your compensation structure but you not get them as a part of in-hand salary. Sometimes Space Rent, Workstation cost and maintenance allocated to the employee is considered as Cost to Company.
9.Taxes:
Taxes are an unavoidable component and they are part of your earnings. So, ensure that you calculate your tax liabilities with the income in accordance with tax policies as per state and country. A Chartered Accountant or an Experienced HR can help in Tax planning.
For more information interact with us at nakul@kyrustechnologies.com

What is Payroll?

Calculate Payroll For Employee
We see a lot of Small business and startups who require management with salaries, new joiners, manage absentees, generating payslips, In today's post let us understand a brief on what is payroll?
Payroll is the sum total of all compensation that a business must pay to its employees for a set period of time or on a given date. Payroll is usually handled by Human resource department or Accounts department in a usual scenario.
Payroll processing involves the following broad steps:
  1. Update data of new Joiners.
  2. Update data of Resigned employees
  3. Update Salary increment data.
  4. Update changes in employee information.
  5. Update Loss of Pay or Working Days.
  6. Attendance details.
  7. Process Payroll.
  8. Generate Salary Register.
  9. Salary transfer.
  10. Distribute Pay slips.
  11. Update Payroll data in accounting software.
  12. Generate PF, PT, ESI and IT reports.
  13. Make payments to PF, PT, ESI and IT departments.
  14. Generate other MIS reports.
Accurate and timely management of compliance practices are required for every business and every payroll professional. This is especially crucial for businesses to avoid costly complaints and government investigations and penalties.
Payroll services can be outsourced to auditors or other independant HR Firms to do these services at a cost. However In the Next post i will explain benefits of using a payroll Software, to ease the process of Payroll in your organization.

So what is a firewall?

A firewall is a device that controls network traffic (all incoming and outgoing data), and can either deny or allow information to enter or leave your personal computer or network.  There are two types of firewall: software and hardware ones
The software is a program that monitors the network traffic. Newer versions of Windows,already come with the software installed as default. This is mostly used by single computers says engineers at kyrus technologies
The hardware firewall is a device that you can install at the point where your network (LAN) connects to the Internet.

Consultant Shravan KP says that the best policy is to have both software and hardware firewalls working together if you want to have more security, even if you have a small business or just home computer needs. “You must be wondering why to use any firewall besides a good anti-virus software program. Well, remember that it always takes some time for the antivirus companies to develop a protection against the new viruses, and a firewall may prevent you from disseminating a new virus in case one infiltrates your computer. Besides, it may also protect you against ill-intentioned people. The ideal is to have a good antivirus always updated and a good firewall installed and configured.”
As a specialist in security systems, Shravan KP reinforces the importance of using firewall, even in your home computer, since there are numerous ways of stealing bank passwords, credit card and personal information from your computers. “The Internet is not dangerous if used with security. Nowadays the use of firewall in both homes and companies, be them large or small, is highly necessary, so you can safely enjoy all the benefits of the Internet.”
For more information reach Shravan KP at sales@kyrustechnologies.com