Monthly Archives - December 2011

Payroll Processing Technologies from TalentPro

Payroll processing technologies from TalentPro have always been well ahead of times. Their design and delivery empower managers, payroll administrators and employees to accomplish more on a daily basis.Payroll processing is a simple process of calculating the net salary from the gross income and deductibles. This gets complicated when it involves many thousands of records.Payroll processing steps in to automate the process. While a few small organizations prefer to stick to the old methods they have to contend with...

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Payroll 101: Things You Must Know – 2

Payroll 101: Things You Must Know (Blog Post 1 # 4)This is a series of blog posts that will address the most important points related to managing payroll.  The second in this series will focus on "Understanding Payroll Management in India – Points to consider" The last 20 points from the law post.Understanding Payroll Management in India 21. Government agencies require you to adhere to certain specific payroll responsibilities. These can be central or state agencies.  Some of these responsibilities can...

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Statutory Compliances in HR – A Detailed List

The present day legal climate is one of uncertainty and confusion. In most cases, a law comes to light only after its contravention, resulting in severe penalties. Compliance Management is a must in keeping you away from the long arm of the law!Here is a quick compilation of the various Statutory Compliances In HRThe Apprentices Act, 1961The Contract Labour (Regulation & Abolition) Act, 1970The Child Labour (Prohibition & Regulation Act), 1986The Industrial Disputes Act, 1946The Minimum Wages Act, 1948The Payment...

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Payroll 101: Things You Must Know – 3

This is a series of blog posts that will address the most important points related to managing payroll.  The third in this series will focus on “Some intricacies of building a payroll system” – Points to consider”Some intricacies of building a payroll system46. The basic function of the payroll office is to provide and promote payroll services which meet the needs of staff of any organization.47. The payroll department is an organization's shop window and failing to recognize the...

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Campus To Corporate (C2C)

Campus To Corporate from TalentPro provides the transition from being a student to becoming a professional.Students gain the confidence to perform a job, yet will be open to learn much on the job. They learn to blend into the new corporate world, yet will be willing to showcase their unique talents that will help them stand out among their peers.  They will be equipped to work effectively on their own, yet wholeheartedly will contribute as team members. These are...

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Payroll 101: Things You Must Know – 1

This is a series of blog posts that will address the most important points related to managing payroll. The first in this series will focus on "Selecting Your Payroll Vendor – Top 20 Points To Consider" As you all know, payroll is an essential part of an organisation irrespective of its size. While large organisations hire their personnel and make use of their systems and software to meet their payroll requirements, it may not be feasible for small sized...

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How to Manage Payroll Processing In an Organization

‘Payroll’ constitutes complete records of all financial entities like salaries, wages, bonuses, tax components, and retirement benefits. Payroll has two stages, Payroll Accounting and Payroll Administration. Accounting involves computing all the salary components and Administration is managing the process. There are monthly payroll cycles which dispense the monthly salaries and payouts. The yearly payroll cycle deals with annual increments and bonuses.Large scale companies choose to maintain their payroll department as they can afford to hire highly skilled professionals. They adopt advanced computerized, payroll accounting software. This accounting software...

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Payroll 101: Things You Must Know – 4

This is a series of blog posts that will address the most important points related to managing payroll. The third in this series will focus on “Understanding technology trends vis-à-vis Payroll”Understanding Technology trends vis-à-vis Payroll.76. More than ever, it’s essential for payroll professionals to stay current and understand trends in technology that can impact payroll and the business overall.77. The evolution of systems will make the execution of day-to-day payroll tasks easier while raising expectations on the amount...

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The Art of Social Recruiting

Recruitment as a business proposition is quite an old process and has many best practices that are relevant to India, but social recruiting is relatively a new twist to the things on the ground. While social hiring too is all about building relationships, it can be a challenge if recruiters are not technology-savvy.Recruiters must be smart enough to involve both the left and right brain. Because it is not just about human beings and their selection, it is also about technology and the choices...

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Is Your Resume Classy or Crass?

Have you ever noticed this? All men want their wives to look homely and unnoticeable, but choose arm-candy to be fluffy and noticeable. While wives are expected to be elegant, clean and straightforward, it is okay for arm-candy to be loud and glorious-looking. Because one is for the long-term and another is open to passing hands without evoking any great pain pangs from you. So it is all about presentation and formatting!If your resume is trying to stand out...

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