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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Labour Law Compliance Checklist 2019
Labour Law compliance checklist is nothing but a set of standard terms or conditions of employment. It may refer to several regulatory compliances including minimum wages act, work men’s compensation act, contract labor act, factories act, etc. For carrying out…
Why Statutory Compliance Outsourcing is important for small businesses in India?
Manufacturing Organisations Service Organisations Micro scale – businesses whose plant, machinery, equipment, assets etc does not exceed 25 lakh rupees Micro scale – businesses whose plant, machinery, equipment, assets etc does not exceed 10 lakh rupees Small scale – businesses…
Top Corporate Compliance Issues in 2019: How to Keep your Company Safe
Corporate Compliance refers to the various rules, regulations and laws of an area, region or country that a company or business has to follow or comply with. These compliances are a combination of guidelines for a corporate for both; it’s…
The Influence of Compliance Management for Business Success
India is changing today. The government is introducing GST to ease taxation hassles and make it easy for individuals and business to remit their taxes through a single online portal. Even income tax is being made simpler for e-filing and…
How Crucial is Compliance for Startups
India is the base to the world’s third largest startups in terms of numbers. About 3 to 4 startups are born every day. Startups are built on the vision of the owner or owners. You have an experience in life.…
Understanding Labor Law Compliance in India [Infographic]
Understanding the basics of Labor Laws Compliance is not just important – it is essential knowledge for companies to avoid risking legal liabilities. Regardless of big or small enterprise, timely and proactive compliance with Labor Laws is critical. Monitoring…
CSR Compliance – What you should know about CSR Rules & Non-Compliance?
What is CSR (Corporate Social Responsibility)? Any industry or business changes environments, societies, or communities. They provide livelihoods, raise living standards, and contribute to the GDP of a nation. Corporate Social Responsibility (CSR) is an initiative or a model where organizations become socially accountable. These are initiatives focused on improving the state of society. CSR benefits businesses by building their brand. It also projects the message that they engage in…
10 Important Compliance Issues that an HR Must be Aware Of
HR is a very strategic department in any organization. Legal compliance has a considerable role to play in the functioning of HR. Every HR professional must be aware of the legal modules under which he has to function. Violating Legal compliance may attract punishment for the organization from the government. As one goes up the ladder in the HR profession, knowledge about legal compliance becomes very necessary. Let’s say that…
CLRA Compliance- Its Role in Fair Business
CLRA Compliance: CLRA compliance stands for the Contract Labour Regulation Act and Abolition act. It was passed in 1970 to raise the standard of working conditions and prevent exploitation of employees. The CLRA Actapplies to establishments or organizations that employ twenty or more people. These people must be employed on any day of the last twelve months as paid workers or employees. The act concerns the principal employer of the organization…
Payroll Compliance – An Ultimate Guide
Payroll Compliance is defined as the set of processes that go into the generation of payroll and other related procedures. It is the effective calculation and distribution of funds and following of related compliances. It is a must for all businesses. It ensures that all employees are treated and compensated fairly by management. Company’s managers and concerns that deal with payroll must be proficient in related laws and regulations. To…
Corporate Governance – Its Role in Effective Business
The Need for Corporate Governance: Corporate governance exists as a framework for the workings of an organization. One of the main ways that corporate governance helps organizations is that it takes care of conflicts of interests within an organization and aligns everyone’s goals and interests to work for the betterment of the organization. It also clearly states the rights and responsibilities of those involved in the day to day…
Compliance Audit – A Must for Businesses
What are Audits and Compliance? Compliance refers to a company’s conforming to a set of rules, regulations, and standards. They are usually set forth by one or more governing bodies. This is to ensure fair business practices and transparency. There are benefits like avoiding legal or criminal charges, higher productivity, and better public perception. Many companies have taken to adopting compliance as a growth strategy as well. In order to…
Featured posts
Labour law compliance management: Importance, challenges and best practices
Employee absconding: HR compliance and legal considerations
what is payroll processing? Everything you should know about payroll pocessing
