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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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what is vendor compliance?

What is Vendor compliance?

Vendor compliance refers to the adherence of a supplier or vendor to the terms, conditions, and standards set forth by a buying organization. Essentially, it’s about ensuring that the products or services provided by a vendor meet the specified requirements,…

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All you need to know about employee compensation policy.

All you need to know about employee compensation policy

Employee compensation policy refers to the structured framework a company implements to determine how it remunerates its employees for their work. It encompasses various components, including salaries, wages, bonuses, benefits, and incentives. Crafting an effective compensation policy is crucial for attracting and retaining top talent, motivating…

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How to choose a right RPO company?

Select your RPO company: RPO company vary significantly in terms of their technology, methodologies, personnel, and overall approach. Given the consultative nature of this function, it’s crucial to identify the provider that best fits your company’s culture, management style, and…

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Benefits of RPO

Benefits of RPO

Benefits of RPO Recruitment Process Outsourcing (RPO) is a strategic partnership between an organization and an external provider, where the provider assumes responsibility for some or all the organization’s recruitment processes. In essence, RPO services involves delegating recruitment tasks such…

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Statutory-compliance-checklist-for-manufacturing-companies

Statutory compliance checklist for manufacturing companies

Statutory compliance checklist for manufacturing companies One can argue that the manufacturing industry is at the heart of all industry. Statutory compliance in the manufacturing companies is crucial to the safety of its workers, the quality of the products and services delivered and to the reputation of the company itself. The Government cares for employee welfare but also wants organisations to succeed. For this, the Government statutory schemes are those schemes…

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Understanding statutory compliance in Indian business functions

In India, all business functions, including payroll, are governed by a set of guidelines collectively referred to as statutory compliance. Any business actively engaged in payroll operations is likely familiar with this term. Ensuring payroll compliance involves substantial resources, energy, and time, often requiring thorough audits to avoid legal issues. Businesses frequently worry about the legal challenges associated with non-compliance, such as dealing with hostile employees, managing unreasonable wage demands,…

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hr-compliance-in-india

Essential guide to HR compliance in India: Laws, challenges, and solutions

Navigating the intricate landscape of HR compliance in India is crucial for every organization. Ensuring adherence to labour laws, workplace safety regulations, and fair employment practices is not only a legal requirement but also essential for fostering a positive work environment. Definition of HR compliance HR compliance involves adhering to laws, regulations, and company policies that govern how employees are treated. This encompasses aspects such as hiring practices, workplace safety…

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Navigating legal compliance: A guide to business practices in India

  Running a successful business involves several critical considerations, and maintaining legal compliance should be at the top of your priority list. Legal compliance in India entails a significant amount of paperwork and procedures, making it essential to have a dedicated compliance team within your business to handle this function effectively. Adhering to laws, regulations, and standards helps streamline your business operations and, most importantly, prevents severe penalties and fines.…

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contract-labour-act-management-checklist-2024

Contract Labor Act Management Checklist 2024

What is Contract labor act (CLRA)? In India, the Ministry of Labour and Employment oversees the formulation and enforcement of labour rights laws. Its primary role is safeguarding workers’ interests, enforcing employee-friendly regulations, and ensuring industry compliance nationwide. These laws establish a framework for various labour-related matters such as minimum wage, occupational safety, accident and social security benefits, health, and employment conditions. The Contract Labour Regulation and Abolition Act of…

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How to choose a right RPO company?

Select your RPO company: RPO company vary significantly in terms of their technology, methodologies, personnel, and overall approach. Given the consultative nature of this function, it’s crucial to identify the provider that best fits your company’s culture, management style, and objectives. Some providers excel at refining existing processes, leveraging your technology stack, and integrating your team alongside theirs, while others offer a comprehensive end-to-end solution. Without thorough consideration of these…

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