Database Management

Meaning & Definition 

Database management is the storing, structuring, updating and securing of your data in an orderly fashion. A thorough use of an HRMS or database system allows HR to efficiently manage all information about employees, such as payroll, attendance and applicants. This ensures data accuracy, ease of access, and effective business operations.

Important Features of Database Management

• Provides detailed and organized records for employees and payroll.
• Provides reliable access to data supporting smooth HR operations.
• Helps prevent HR-related errors and duplication of information.
• Enables reports, analytics and helps make informed decisions
• Increases the security of data as well as the efficiency of systems.

Legal & Regulatory Considerations

• The Information Technology Act, 2000, provides regulations requiring organizations to utilize reasonable security measures to protect their electronic records. 
• To comply with this requirement, organizations need to have internal policies related to data security, access control, and retention of records.
• However, there are no other specific statutory compliance requirements for organizations.