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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The 2020 Budget – What it Means for Your Payroll
The union budget was presented on the 1st of February 2020 by the finance minister Nirmala Sitharaman. According to several prominent economists, Sitharaman’s budget focuses on long-term growth economists. Another key highlight is that the government has introduced an optional…
How to do effective payroll management in startups?
In the present day system, startups are an essential part and parcel of the economic system, and eventually, Payroll has a vital role to play. There is a lot of Payroll Outsourcing Companies in India, and startups generally look towards these companies…
Payroll Strategies for the Year Ahead
According to the Willis Towers Watson Survey that conducted in 2019, salaries in India are projected to rise by 10% in the year 2020, and sectors like manufacturing, chemical, tech, and pharma are expecting salary increases by 10%. Sectors such…
Third-Party Payroll in 2020- Less Stress, More Efficiency
2020 is finally here, and with it come a whole new set of challenges for organizations in terms of finding and retaining the right talent. Workplaces are continually evolving to keep with the times and the ever-changing needs of the…
How to Simplify Your Organization’s Payroll Process?
This blog focusses on various ways to simplify the payroll management in hr system in your organization. Payroll processing is an ever-changing process and a complicated one too. Payroll process, in reality, is a very complicated process, and it…
Revolutionizing Payroll Through Artificial Intelligence
AI or artificial intelligence is slowly catching on as a viable means of streamlining key HR processes. Using AI could help managers and organizations take key decisions in lesser time periods by providing real-time information and analysis. This extends to…
The 2020 Budget – What it Means for Your Payroll
The union budget was presented on the 1st of February 2020 by the finance minister Nirmala Sitharaman. According to several prominent economists, Sitharaman’s budget focuses on long-term growth economists. Another key highlight is that the government has introduced an optional income tax regime with lower tax rates. The New Optional Tax Regime One of the most significant changes that took place during this budget was a revision of the existing…
How to do effective payroll management in startups?
In the present day system, startups are an essential part and parcel of the economic system, and eventually, Payroll has a vital role to play. There is a lot of Payroll Outsourcing Companies in India, and startups generally look towards these companies for an effective payroll management system. As the employee count grows, it becomes more critical for the startups for a sound payroll system. Let us see in detail how an effective…
Payroll Strategies for the Year Ahead
According to the Willis Towers Watson Survey that conducted in 2019, salaries in India are projected to rise by 10% in the year 2020, and sectors like manufacturing, chemical, tech, and pharma are expecting salary increases by 10%. Sectors such as energy, financial services, and consumer products will see the highest year-on-year growth. Given that various sectors are primed for growth in the year ahead, the market becomes extremely competitive…
Third-Party Payroll in 2020- Less Stress, More Efficiency
2020 is finally here, and with it come a whole new set of challenges for organizations in terms of finding and retaining the right talent. Workplaces are continually evolving to keep with the times and the ever-changing needs of the marketplace. With Glassdoor’s chief economist Andrew Chamberlain declaring that employees would be organizations’ sole focus in the year ahead, the race is on for employers to find, manage, and retain…
How to Simplify Your Organization’s Payroll Process?
This blog focusses on various ways to simplify the payroll management in hr system in your organization. Payroll processing is an ever-changing process and a complicated one too. Payroll process, in reality, is a very complicated process, and it generally refers to the administration of employee’s financial records, including salaries, wages, bonuses, deductions, and net pay. Payroll processing is, of course, a very time-consuming process. As such, the Indian…
Revolutionizing Payroll Through Artificial Intelligence
AI or artificial intelligence is slowly catching on as a viable means of streamlining key HR processes. Using AI could help managers and organizations take key decisions in lesser time periods by providing real-time information and analysis. This extends to all components of HR, such as payroll, recruitment solutions, and talent acquisition as well. According to the Mercer Global Talent Trend Report, 2019, 88% of companies globally are reliant on…
