Uni

ver
sal
Bus
ines
ssc
hool
Ka
rja
t,I
ndi
a

NT
IBAs
sig
nme
nt
On
Chi
nes
esoc
ial
cre
dits
yst
ema
ndHR

Na
me–DI
PES
HSHUBHAM
Ba
tch-CMBA2Y
3/1917
Modul
ele
ade
r-Pr
of.
Raj
aChoudha
ry

I
mpa
ctofMa
chi
neL
ear
ningi
nHRpr
oce
sse
sfor
Chi
nes
esoc
ial
cre
dits
cor
esy
ste
m

I
ntr
oduc
ti
ont
oChi
nes
esoc
ial
cre
dits
yst
em
I
nt he2014, theChineseg overnme ntr eporteda na r
rangeme nttos e tupa
soci
alcreditf
r a
me workby2020. I
twi l
lbeapr i
z eanddi s
cipli
nef ramewor kt
o
advancer el
ia
bili
tyandhone st
y, plannedf orimpr ovi
nga dmi nis
trati
on. When
completelyactual
ized,thesocia lcr
editframe wor kwi l
lbea na cr
os st henati
on
scori
ngframe workpe rmitti
ngt hele gi
sl
a t
uret or at
ear esidentora n
organiz
ation'
sr el
i
abili
typa s
tthe irmonet aryfina nc
ialsoundne ss.We lla
t
presenttherea r
enume roussuc hcreditframe wor kwhi c
hwi llrepor tthe
i
nforma ti
ontot hefocalframewor kwhowi llr
e presentalltherecor ds .

I
mpa
ctofMa
chi
neL
eani
ngOnHR
I
mpa
ctofChi
nes
esoc
ial
cre
dits
yst
emonHR
Adv
anc
ementa
ndope
ning
s
I
nit
ial
ly,grea
testeff
e cti
twouldma keonHRi si
nregar
dst othePr omot ions
andope ni
ngswhi c
hwe r
eonc eof
feredbysepar
ateHR.Pre s
ent l
ya l
lthe
deci
si
onsinr eg
a r
dst otheadvancementofrepr
esent
ati
v esandc hancest o
workerstospeaktos eni
ora dmi
nist
rati
onmightbeta
ke nbyc onsideringt he
ir
soc
ialf
inanci
ala s
sessme ntf
ramewor konthegr
oundsthattheor ganization
mightbefinedifanywor kerhavi
nglesssc
orenamedtoa nyse ni
orpos i
ti
onor
gaveanysuchc hances.

E
mpl
oyi
nga
ndF
iri
ng
Al
so,Chi
ne sesoci
alfi
na nci
alass
essmentframeworkwi l
laf
fectt
heHi ri
ngand
Fi
ri
ngofpot enti
alup-and-comerorre
pre s
entati
ves
. Repr
esentat
iveshavi
ng
l
esscert
ifi
cati
onsofcre di
tswil
lmakeate r
ribl
escor
et heassoci
ati
onwhene v
er
del
egated.Addit
ional
ly, t
hatup-
and-c
omermi ghtbenotpe rmit
tedt ohav
e
ce
rtai
nof f
icesl
ikevis
it
sout si
denati
ona ndtheskyistheli
mitfr
omt here.

Remune
rat
iona
ndBe
nef
it
s
Somewhe r
ee l
sewheresoci
alcr
editf
ramewor kwor k
s,si
nceitc
ansurveythe
workdonebyr epr
ese
ntati
vesandscreenit.
Thiscanbeusefult
oHRf or
fur
nis
hingtheworker
swiththepayanda dvantages
.Thisf
rameworktrul
y
hel
pstheHRi ntheev
entofremune r
a t
ionall
ocat
ionsandwheneverutil
i
zed
admir
ablycouldbeacompell
ingcost
-cutt
ingstr
ategy.

S
taf
fi
nga
ndWor
k-i
n-pl
an
Sincehugeinf
orma t
ion'
sa ndAIstr
ategi
esareuti
l
izedbyCreditfr
amework,i
t
couldhelpinst
aff
ingtheopportuneindiv
idual
tori
g htpos
it
ioninorde
rt o
ha v
ebe t
teruseoflabour.Si
nceitca
ns ur
veythehuma nfeel
ingsandconduc
t
anda sperit
sHRc ande s
ignat
ethewor k.

T
heboa
rd
Thes
ehugeinformati
on'swhenbr oughtaboutreportwi
llhel
pHrink
ee pup
theadmi
nis
trati
onwhi c
hisbot hhuma nadmini
strat
ionandcostt
heexecuti
ves
.
Huma na
dminist
rati
onbyt heeme thodforthei
rpresent
ati
onandcos
tt he
boar
dbypayinga sperexe
c ut
ionasitwe r
e.

HowChi
na’
scor
por
ates
oci
alc
redi
tsy
ste
mwor
ks
Thecor
pora
tes
oci
alc
redi
tsy
stemc oll
ect
s,ag
greg
ates
,andanal
yse
sdataf
rom
busi
nes
sest
ocr
eat
eas c
oret
ha tdeter
minesrewa
rdsandpuni
shment
s.
Accordingtoare portfr
omt heE uropeanChamberofComme rce,busi
ne ss
es
andot herorga
niz at
ionscoll
ectda t
aont hei
rownoperat
ionsands ubmitthem
torelevantl
ocala ndnationalauthori
ti
es,whothe
nconsoli
datetheda t
ai nthe
NationalCredi
tInforma t
ionSha r
ingPlat
form,whi
chisacentr
aliz
edda t
a base.
Gover
nmentauthori
ti
esal
sosubmitdat
aonbus i
nes
sesdir
ectl
ythrough
st
andar
dgovernmentins
pect
ions
.Thisdat
aistheni
ntegr
atedintheNati
onal
I
nter
net+Monitor
ingSys
tem,whic
ha nal
yse
sthedatatocal
cul
a t
erati
ngs.
Busines
se saremostl
yass
esse
dons tandar
dr eg
ulator
yandcompli
ancec
rit
eri
a
thattheya real
rea
dylegal
l
yrequi
redtoful
fil
.Thisi
ncl
udespay
ingtax
eson
ti
me ,holdingre
quisi
tel
i
censes
,me e
tingproductqual
it
ysta
ndards
,and
ful
fi
ll
ingenvir
onmenta
lprot
ect
ionrequi
rements
.Addi
ti
onall
y,c
ompani
esare
subje
c ttoa
na rr
ayofi
ndust
ry-
spec
ifi
crequi
rement
sdependi
ngonthenat
ure
oftheirbus
iness
.
Thes oci
alc
redits
yst
emdoe s,however
,putforwardsomene wa ndst
ri
cter
r
e quire
ments.Oneofthemostpotenti
all
yproble
ma ti
cist
hene edtotake
r
es ponsi
bil
i
tyforbus
inesspa
rtners
.Evenifacompa nymeetsal
litsl
egal
r
e quire
ments,i
tcansti
ll
bepe nal
iz
edif
,forexample,oneofit
ssuppli
ersison
ablackli
st
.
Compa nieswithpoors c
oresfac
es ev
era
lpenal
ti
es.F
orexa
mple, t
heymaybe
i
ns pec
tedora udit
e dmorefrequentl
ybyre
gula
tors
,beexc
ludedfrompubl
ic
procureme ntopportuni
ti
es,unabl
etobenef
itf
romince
nti
ves,
a ndbepubl
i
cly
nameda nds hame d.