Blog

TalentPro’s Human Resources blog is a knowledge portal where we discuss the latest and best practices related to the Human Resources Industry. The portal educates the reader in various areas of interest such as Payroll, Compliances, Staffing, Human Resource Management Services (HRMS), Recruiting, etc.

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From Sourcing to Onboarding: Mastering the Full-Cycle 360-Degree Recruitment

  The recruitment industry is grappling with a persistent talent storage. Finding the talent people and retaining them for the long term has become a significant challenge. Traditional recruitment practices, often intuition based and reactive, have contributed to this problem. These methods frequently lead to hiring mismatches and unconscious biases. To address these issues,360-degree recruitment or Full cycle recruitment is essential; These comprehensive approaches to hiring focuses on skill- based…

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What is Accrued Payroll? Components and Calculations

Accrued payroll is a major accounting concept that enables a company to properly account for the obligation it has incurred with its employees. This ensures the correct accounting of employee’s wages and benefits within the incurred period, even if the actual payment occurs in a subsequent period. In this regard, an understanding of accrued payroll is very important in ensuring proper maintenance of financial statements and adherence to accounting standards. …

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Payroll Compliance Checklist 2024: Updated Insights and Inputs

A big part of payroll management in an organization is to make sure to comply with tax laws, compensation requirements, and employment regulations. But apart from these, payroll compliance meets on various other crucial aspects, such as following the deadlines for reporting and submitting and withholding the payroll taxes or making payroll compliant. Ensuring payroll compliance is critical for running a business, as organizations must stay proactive to avoid penalties and ensure…

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Streamline your HR operations:Why your business needs HR consulting services

As the HR manager of a fast-growing technology startup, you are facing challenges arising from rapid expansion. You have gone from 10 employees to 50 staff in one year, and while these changes are exciting, the challenges are beginning to present. Your team feels burnt out, turnover is on the rise, and recruiting new employees seems to be a difficult task. Recognizing the need for streamlined HR support can often…

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What is Unified Pension Scheme (UPS)?Eligibility, Benefits & Returns

Unified Pension Scheme (UPS): Eligibility, Benefits & Returns The Central Government introduced the Unified Pension Scheme (UPS) on August 24, 2024. Set to be implemented from April 1, 2025, the UPS is expected to benefit 2.3 million Central Government employees. Here is everything you need to know about the UPS, including its details, benefits, and eligibility criteria. What is Unified Pension Scheme(UPS)? The Unified Pension Scheme (UPS) is a new…

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Comprehensive Guide to Statutory Compliance in India : Essential Regulations for Businesses

List of Statutory Compliance in India Statutory compliance refers to the legal framework that organizations must adhere to while dealing with their employees. In India, these laws are established by various acts and cover a wide range of areas including labour laws, tax laws, and health and safety regulations. Here is a comprehensive list of key statutory compliances that businesses in India need to follow:  The Factories Act, 1948 Governs…

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