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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HR Industry Trends to Watch Out for in 2022
[vc_row][vc_column][vc_column_text]HR Services has been continuously evolving with progressive technology and changing employee and employer demands. Especially after the pandemic, there are quite a few changes in how employees work and where they operate from. HR services play an even more…
Outsourcing Payroll for MNCs – A Winning Strategy
[vc_row][vc_column][vc_column_text] Between April and June of 2021, there was a surge in the number of companies that were established in India, with over 17,200 companies being formed. Also, according to the same data from the Ministry of Corporate Affairs. 13.7…
All You Need to Know About Regulatory and Compliance Requirements
[vc_row][vc_column][vc_column_text]Setting up appropriate workplace policies in compliance with laws and norms as prescribed by the industry and governmental agencies is a basic need for running a business. Enforcing them is a crucial requirement of any modern business organization. Moreover, companies…
7 Effective Ways to Communicate Your Company’s Core Values during Onboarding
[vc_row][vc_column][vc_column_text]Core values and organizational culture represent a company’s unique identity. Core values are considered the foundation blocks supporting an organization’s workforce. Instilling these among your team members ensures their inspiration, purpose, and guidance throughout their employment term. The Need for…
HRIS HRMS HCM – What’s the Big Difference
[vc_row][vc_column][vc_column_text]The global human resource management market is poised to have a market share of USD 39.5 billion by 2027 according to KBV research. The rapid growth in the HR management market has been further spurred on by the global pandemic, with an…
Here’s How You Can Stay Statutory Compliant and Achieve Hassle-Free Payroll Management
[vc_row][vc_column][vc_column_text]It is well-known that the entire payroll process is error-prone and expensive. To achieve a flawless payroll, most business enterprises have to spend hefty sums of money and precious time. Employees are invaluable assets for an organization. It is needless…
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 corporates to contemplate, plan, and develop appropriate statutory compliance and payroll process strategies during the beginning of the new fiscal year. The Need for Crafting a Payroll Process That Aligns…
Crucial Legal Compliance Needs for Start-Ups in India
[vc_row][vc_column][vc_column_text]Intro Statutory compliance is a multi-faceted regulatory mechanism that all types of business models must traverse in India. Numerous laws, with several sections, necessitate business organizations to meet varied statutory compliance needs. Every business establishment must abide by the stipulated statutory and labor law compliance requirements. This makes outsourcing the legal compliance services to an appropriate and experienced service provider a good business idea, especially for start-ups. The Major Compliance…
Effective Tips for Making the Most of Payroll Solution
[vc_row][vc_column][vc_column_text]Intro Payroll management comprises multiple activities. Managing your business organization’s financial records, administration of your employees’ salary, deduction, and bonus details, and timely filing of accurate tax returns are a few of these major activities. Not to forget the various laws and regulations that necessitate companies to adhere to stipulated standards and mandates. Regardless of whether you are running a small business or a large corporate company, as a business…
Time-Tested Strategies for Retaining the Best Talent in Your Organization
[vc_row][vc_column][vc_column_text]Intro To succeed and sustain, global businesses not only have to acquire the best talent but also avoid employee turnover. Retaining employees is among the top priorities of companies in the modern world. To achieve this, they need to come up with effective strategies. Employee benefits play a vital role in employee retention and are a crucial component of employee management. Key Employee Retention Strategies for the Modern Business Organizations…
The Different Types of Payroll Services for Contemporary Businesses
[vc_row][vc_column][vc_column_text]Payroll management includes several critical elements such as payroll processing, tax filing, salary disbursement, and fulfilling statutory compliance requirements. While entrepreneurs may consider an in-house payroll management system to be economical, as the business grows, availing robust payroll solutions from experienced payroll service providers becomes inevitable and essential. Major Types of Payroll Services in Vogue In-house payroll management systemIn-house payroll management involves having a separate department in your organization to…
Offer Added Benefits to Employees and Achieve Long-Term Business Success
[vc_row][vc_column][vc_column_text]Satisfied employees are likely to be more loyal and reliable. With the right perks and benefits, your organizational team is certain to put in more dedicated efforts, thus accomplishing the most optimal productivity. Today, planning a strategic employee benefits program is critical in employee management. An employee benefits plan is a terrific way to delight employees. Make Your Employees Feel at Home and Gratified The contemporary work atmosphere is cosmopolitan,…