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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How Does the ESIC Inspection Procedure Impact Society
[vc_row][vc_column][vc_column_text]Intro Employees State Insurance Corporation (ESIC) is a multidimensional governmental system crafted to provide Indian workers the much-needed socio-economic protection. ESI scheme aims at providing a range of benefits to the Indian working population. ESIC inspection warrants employee benefits and…
Tired of Payroll Processing Drudgeries? Try Payroll Outsourcing Now
[vc_row][vc_column][vc_column_text]Intro The payroll process is not just about calculating wages, salaries, deductions, and payments. It covers a wide range of activities associated with your company’s employees and their comprehensive financial records. Having tried their hands-on manual, in-house payroll management, numerous…
Make Smart Business Decisions through Robust Payroll Management
[vc_row][vc_column][vc_column_text]Intro An efficient payroll service provider plays a crucial role in the business success of modern organizations. Joining hands with a reliable payroll service provider enables small businesses and big enterprises to save time and money. It helps them comply…
Try Payroll Outsourcing for Accurate Employee Pay Management
[vc_row][vc_column][vc_column_text]Intro The payroll management system covers the administration of financial and accounting records related to the salaries, bonuses, deductions, and taxes of a company. Efficient management of the payroll process is instrumental in retaining the best talent and motivating the…
Why is Payroll Outsourcing a Smart Choice for Progressive Business Organizations?
[vc_row][vc_column][vc_column_text]Payroll management has always been an integral part of a business organization. With changing governmental regulations and increasing employee demand, a company’s payroll plays a crucial role in business success and sustenance. The dearth of time and resources makes payroll…
Begin the New Financial Year Remarkably Efficiencies with TalentPro
[vc_row][vc_column][vc_column_text]Intro Running a business in India requires companies to follow the April to March accounting period. For all business organizations, the accounting year traverses through this period. Payroll-related calculations and tax computations are expected to follow this regime. This necessitates…
Crucial HR Documents That Every Modern Business Must Be Aware of
[vc_row][vc_column][vc_column_text]Intro Entrepreneurs, especially small business owners, would likely want to spend time training their employees and expanding their businesses. In the midst of the hectic activities related to nurturing a budding business, being concerned about compliance issues and the consequences of being unable to meet such needs will be hard on the part of any business owner. Documenting and tracking crucial paperwork in your organization will help to achieve this.…
How to Transform HR Compliance to Mitigate Risks and Achieve Rewards
[vc_row][vc_column][vc_column_text]Intro An increasing number of legislations and changing industry standards have made HR compliance more significant in the contemporary business ecosystem. As even a small error leads to the image of a business being tarnished—let alone the legal tangles—it is crucial to meet all compliance needs, especially labor laws. Tips to Transform HR compliance Having the right personnel to manage HR compliance is the first step: Meeting statutory compliance in…
All You Need to Know about the Taxable, Nontaxable, and Partially Taxable Components of Salaries and Allowances
[vc_row][vc_column][vc_column_text]Intro According to the IT Act of 1961 in India, regarding payroll processing, taxable benefits are classified into two broad categories: recurring and ad hoc. Allowances and perquisites are different benefits provided by employers to their employees. While some allowances fall under the salaries head and are fully taxable, other allowances may be partially taxable or, at times, fully exempt from the liability of tax. Understanding the nuances of payroll…
Acquire the Best Talent through an Appropriate Recruitment Process
[vc_row][vc_column][vc_column_text]Intro In the contemporary business setting, there is a heavy demand for hiring top talent. This necessitates sourcing candidates from the right pool through the right channels. The recruitment process, unlike before, demands a strategic approach and calls for striking the right balance between speed and quality. One of the best business ideas for modern entrepreneurs and managers to acquire their intended human assets is partnering with the right staffing…
The New Employee Onboarding Checklist for Every Contemporary Business
[vc_row][vc_column][vc_column_text]Intro Even with all the technological advancements and innovative inventions, certain things are crucial in the business setting and stay that way forever. Manpower is one of those critical things. As people can only build successful businesses, the importance of understanding the nuances of building an effective team of talented and trusted employees can never be understated. And that is where the new employee onboarding process plays a critical role.…
All That You Need to Know about ESIC—from Registration to Documents and Processes
[vc_row][vc_column][vc_column_text]Intro An employee-oriented multidimensional social security scheme, the employee’s state insurance scheme of India, has been designed to provide socio-economic protection to Indian employees. Registration associated with this scheme is provided under the Employee Stare Insurance Corporation—an autonomous, self-financing entity that the ESI Act, 1948, controls. It is an integral part of corporate governance under the Government of India. Why is ESIC Registration Considered Crucial to the Working Community? ESI…
