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Increase Your Office Productivity With Employee Management Software

By using employee management software, your human resource office can function with improved organization and increase office efficiency. In This software provides you many benefits like it increases your employee productivity, improves security in your office. This software has the potential to reduce your payroll cost and workforce management cost. This is the main reason for That software to become so popular nowadays. This type of software has the ability to completely eliminate any employee paper trails such as time keeping. Basic task of that software is of assembling, managing and organizing the data of employees working in a particular company. One of the main feature of That software is time tracking of employees.Time tracking software can supercharge your productivity and get things done. Employee time tracking software is used to analyze and optimize time employees spend on doing company’s tasks. This type of software helps team leader’s better plan and track employees’ productivity. For increases the productivity of a company it is very important to know which tasks have to be done first and which can be postponed because of lower level of importance for company. This software eliminates the errors, confusion and volume of data generated by duplicate data inputs. This employee management software is so simple to use and is friendly to all users from managers to employees. Project management software is helps in recording the contribution of employee immaterial of role and level in the organization. To evaluate the performance of each individual, each level has specific set of criteria.Employee management software is also very flexible when it comes to mapping out your business processes. Such a system can cut the costs of management and increase the profit margin of the company by taking of some burden from the organizations funds. Employee management system is flexible and can be easily adapted to the working frame of any company. Some people might think that Employee management software is only for big shot companies, but the reality is any company that has issues related to HR needs and requires their management to use this system. A well developed employee management system that increases the productivity of employees becomes necessary to evaluate the employee contribution to profits, success and growth of the company. So for increases the productivity in the office or company you have to be use employee management software, this will increases your company’s growth.

S&P 500 Rallies As U.S. Dollar Pulls Back Towards Weekly Lows

Key Insights
The strong pullback in the U.S. dollar provided significant support to stocks.
Treasury yields have pulled back after touching new highs, which served as an additional positive catalyst for S&P 500.
A move above 3730 will push S&P 500 towards the resistance level at 3760.

Pfizer Rallies After Announcing A Huge Price Hike For Its COVID-19 Vaccines
S&P 500 is currently trying to settle above 3730 as traders’ appetite for risk is growing. The U.S. dollar has recently gained strong downside momentum as the BoJ intervened to stop the rally in USD/JPY. Weaker U.S. dollar is bullish for stocks as it increases profits of multinational companies and makes U.S. equities cheaper for foreign investors.

The leading oil services company Schlumberger is up by 9% after beating analyst estimates on both earnings and revenue. Schlumberger’s peers Baker Hughes and Halliburton have also enjoyed strong support today.

Vaccine makers Pfizer and Moderna gained strong upside momentum after Pfizer announced that it will raise the price of its coronavirus vaccine to $110 – $130 per shot.

Biggest losers today include Verizon and Twitter. Verizon is down by 5% despite beating analyst estimates on both earnings and revenue. Subscriber numbers missed estimates, and traders pushed the stock to multi-year lows.

Twitter stock moved towards the $50 level as the U.S. may conduct a security review of Musk’s purchase of the company.

From a big picture point of view, today’s rebound is broad, and most market segments are moving higher. Treasury yields have started to move lower after testing new highs, providing additional support to S&P 500. It looks that some traders are ready to bet that Fed will be less hawkish than previously expected.

S&P 500 Tests Resistance At 3730

S&P 500 has recently managed to get above the 20 EMA and is trying to settle above the resistance at 3730. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge.

If S&P 500 manages to settle above 3730, it will head towards the next resistance level at 3760. A successful test of this level will push S&P 500 towards the next resistance at October highs at 3805. The 50 EMA is located in the nearby, so S&P 500 will likely face strong resistance above the 3800 level.

On the support side, the previous resistance at 3700 will likely serve as the first support level for S&P 500. In case S&P 500 declines below this level, it will move towards the next support level at 3675. A move below 3675 will push S&P 500 towards the support at 3640.