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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Payroll Structures in India: All you need to know
Payroll structure is the details of the salary that have been offered in terms of the breakup of different components constituting the compensation. Knowledge of the components is very crucial to the employee as he gets an idea about how…
Payroll Fraud: Prevention is Better Than the Cure
Payroll processing services play a significant role in the running of any organization. The overseeing of processes that are involved in the payment of wages to employees is one of the HR department or manager’s chief objectives. Of course, when…
Is your Payroll Statutory Compliant?
This Blog deals with the subject matter, whether the payroll system that you are using is statutory compliant or not? It is very must for the companies to use a statutory compliant payroll system. What is Statutory Compliance in HR…
How to Identify and Overcome Challenges of Payroll Processing Services
Today payroll processing services are an essential HR activity of any organization. This post deals with challenges of payroll outsourcing and the ways to overcome those challenges. Payroll Compliance: For a business that runs in several places, ensuring a standard…
The Pitfalls of Manual Payroll Processing
According to an online report, 25% of American organizations still rely on traditional paper and pencil methods when it comes to calculating and processing payroll. Payroll includes processes such as the maintenance of employee records and the calculation of salaries/…
Overpayment – A Payroll Oversight. What to do when it Happens
Salaries and HR A salary is a fixed amount of money given to an employee for services rendered to an organization or business. Salary is paid at regular, fixed intervals. Salary or payment of wages comes under payroll, a critical…
Payroll Structures in India: All you need to know
Payroll structure is the details of the salary that have been offered in terms of the breakup of different components constituting the compensation. Knowledge of the components is very crucial to the employee as he gets an idea about how much goes into forced savings and what kind of tax exemptions to claim. Components of Pay Structure in India Basic Salary It is the base income of an employee, comprising of…
Payroll Fraud: Prevention is Better Than the Cure
Payroll processing services play a significant role in the running of any organization. The overseeing of processes that are involved in the payment of wages to employees is one of the HR department or manager’s chief objectives. Of course, when it comes to payroll, it encompasses various elements. Some of these include: Tax computation and deduction Benefit awards Gross wage estimate and award Employee record upkeep. In most cases, organizations…
Is your Payroll Statutory Compliant?
This Blog deals with the subject matter, whether the payroll system that you are using is statutory compliant or not? It is very must for the companies to use a statutory compliant payroll system. What is Statutory Compliance in HR means? Statutory compliance in HR, refers to the legal framework within which the organizations must operate. Every country has many laws to which the companies must adhere to. A lot…
How to Identify and Overcome Challenges of Payroll Processing Services
Today payroll processing services are an essential HR activity of any organization. This post deals with challenges of payroll outsourcing and the ways to overcome those challenges. Payroll Compliance: For a business that runs in several places, ensuring a standard payroll process with respect to local federal bodies becomes a challenge. Good corporate governance is a must for companies, and not meeting legal obligations will cost the company a high…
The Pitfalls of Manual Payroll Processing
According to an online report, 25% of American organizations still rely on traditional paper and pencil methods when it comes to calculating and processing payroll. Payroll includes processes such as the maintenance of employee records and the calculation of salaries/ wages, processing taxes, and so on. Some organizations that have just started tend to go in for manual payroll process as a way of keeping costs down instead of looking…
Overpayment – A Payroll Oversight. What to do when it Happens
Salaries and HR A salary is a fixed amount of money given to an employee for services rendered to an organization or business. Salary is paid at regular, fixed intervals. Salary or payment of wages comes under payroll, a critical function of human resources. The HR department is also responsible for the structuring of salaries. Salary structure is the breakup of various elements that go into the making of wages.…
