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.
Ready to scale? Let TalentPro manage your payroll
As your company scales, so does the workload. One of the most intricate and time-consuming activities that keep pace with your growth is payroll management. From processing salaries and tax withholdings to ensuring compliance and statutory filings, payroll can easily become a headache—unless you have the right ally. Growth is exciting. It means more opportunities, more clients, more employees—and yes, more responsibilities. But as your business scales, so do your back-office complexities—especially payroll management. If you’re spending too much time calculating salaries, managing statutory compliance, and fixing payroll errors, it’s time to…
Payroll migration checklist: Key steps to ensure a smooth transition
Most organizations resort to doing payroll processing in-house, but this is changing now. With the advancement of technology, many companies have started outsourcing payroll management to external payroll solution providers that have the expertise for this. Payroll migration is the process of entirely moving one type of payroll platform or software to another payroll platform. Payroll migration overcomes certain inefficiencies in legacy systems that hamper overall productivity. Overlooking such overheads or payroll-related issues will only…
Cut costs and save time with TalentPro’s expert payroll processing
Indeed, in today’s fast world of business, efficient payroll management is the key to running any organization effectively. Whether it is a small or large business, navigating the complexities of payroll management can drain valuable time and resources. Therefore, TalentPro is a relief that streamlines this process, cutting costs and saving time. Why choose TalentPro as your payroll services provider? Choosing TalentPro as your payroll services provider in India can be advantageous due to their…
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. …
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…
Step-by-Step guide to payroll processing 2024
What is payroll processing? Payroll processing encompasses the complete sequence of steps necessary to calculate each employee’s total remuneration. This process typically includes three to four stages and involves tasks such as defining salary structures, gathering employee data, accounting for components like deductions and allowances, and setting up necessary policies related to taxes and other adjustments. Beyond disbursing salaries, payroll processing also involves filing, reporting, and providing payslips to employees,…