Information Systems for Human Resource Management (ISHRM) refers to the technology-based systems used to manage and perform tasks related to human resources, such as applicant tracking and employee training. ISHRM usually consists of software applications, databases and web services that assist in the recruitment, selection, retention, performance management and payroll processing of a workforce. With an efficient information system in place, businesses are able to effectively plan and manage key HR activities, resulting in improved satisfaction among employees and higher productivity.