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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 payroll deductions?

Payroll deductions refer to the cost the employer deducts from the employee’s Salary every month in the form of taxes or voluntary deductions. The employer withholds a certain percentage of the employees’ Salary every month to cover contributions towards insurance…

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How to Streamline Payroll Management in HR? Importance of Payroll Management in HR

What is Payroll management in HR? Payroll management in HR is a critical function of HR which involves paying employees accurately on time. It includes the administration of financial records related to employee salaries, wages, bonuses, and deductions. In payroll management, HR professionals typically handle tasks such as calculating employee salaries, withholding taxes, managing employee benefits, and distributing payslips. They must ensure that payroll is processed accurately, and that all employees are…

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Thinking About Using a Staffing Agency in India? Here’s What You Need to Know

A staffing agency in India is a company that specializes in connecting employers with the skilled candidates. Staffing agencies work to identify and recruit potential employees for various industries. They often maintain a database of job seekers, and use this information to match candidates with client’s requirements based on their qualifications, experience, and skills. Staffing agencies work to find the most qualified candidates for your company can be a smart…

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Maximizing Efficiency: The Benefits of Payroll Outsourcing

Maximizing Efficiency: The Benefits of Payroll Outsourcing

Overall, benefits of outsourcing payroll to a third party provider in businesses includes saving time and money, while also ensuring accuracy, compliance, and data security. What features do payroll outsourcing providers offer? Payroll outsourcing providers in India offer a range of features that can vary depending on the specific provider and the needs of the business. Some of the common features offered by payroll outsourcing providers in India include: 1.    …

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All you need to know about: Importance of HR Statutory Compliance in Different Organizations

Statutory compliance in HR helps a company to manage a demanding regulatory environment and avoid non-compliance risks. All the labor and taxation laws of India come under statutory compliance.  HR statutory compliance is crucial for any organization to ensure they follow all legal requirements related to employment laws and regulations. Failure to comply with these regulations can result in legal penalties, fines, and damage to the company’s reputation. HR professionals are…

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How much is the Payroll Service Costs? Overview of an average Cost for the Payroll services

A payroll structure covers all details of the compensation offered to an employee with a complete break-up of the components. Payroll pricing structure refers to the way in which a company charges for its payroll services. There are different pricing models for payroll services, depending on the provider and the specific services offered. Any change to this payroll structure has a major effect on the tax exemptions that can be claimed by…

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Top 5 things to know about compliance in manufacturing sector

Noncompliance can ruin corporate reputations, shatter financial performance, with the non-compliant regulation are undivided attention in the organization? Manufacturing companies must be aware of various legal, regulatory, technical and corporate governance requirements, they must comply to operate as a successful business. Manufacturing compliance refers to the adherence to regulations and laws applies to the manufacturing sector.  These requirements are designed for the businesses and consumers from risk for manufacturing legally.…

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