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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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impact of a pandemic on regulatory compliance

Impact of the Pandemic on Regulatory Compliance

[vc_row][vc_column][vc_column_text]Intro It is a universally known fact that the pandemic has touched the lives of almost everyone in the contemporary world. With time, the impact of COVID-19 on individuals, businesses, and global markets has been growing and becoming clearer. Compliance Management is…

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Key Factors to Consider While Choosing Your Payroll Partner

Key Factors to Consider While Choosing Your Payroll Partner

[vc_row][vc_column][vc_column_text]Payroll management is a critical element in any modern business, and it is a challenging task as well. Not all business organizations will find managing their payroll and keeping up with the ever-changing rules and regulations easy. Payroll Solution providers help entrepreneurs and managers to handle the payroll management process with unwavering accuracy. Companies that go in for payroll outsourcing can better use their resources and time, thus ensuring increased…

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Minimum Wage in India – What You Need to Know

Minimum Wage in India – What You Need to Know

[vc_row][vc_column][vc_column_text]A fair day’s wage for a fair day’s work is an adage that still holds today. All employees from all sectors and walks of life are entitled to a minimum wage. Under the purview of statutory compliance, organizations must pay employees a minimum wage for work carried out. Minimum wage is defined as a non-negotiable payment that an employer pays an employee for the work done by an employee during a…

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What Businesses Need to Know About Statutory Compliance, Crucial Acts, and Labor Law in India

What Businesses Need to Know About Statutory Compliance, Crucial Acts, and Labor Law in India

[vc_row][vc_column][vc_column_text]The government of India has created a legal framework in the form of statutory compliance requirements. All business organizations having employees must operate within this framework to ensure the welfare of employees and a fair working atmosphere. Companies failing to adhere to such compliance standards and needs will face legal liability and other consequences. Labor law compliance is considered a critical factor in Indian industry and commerce. Adhering to standards…

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Mental Health in The Workplace – Overcoming Challenges for a New Era

Mental Health in The Workplace – Overcoming Challenges for a New Era

[vc_row][vc_column][vc_column_text]A 2016 survey by Optum found that 46% of the Indian workforce suffered from stress. A large percentage of the respondents also had a skewed BMI and risk for hypertension. Furthermore, the WHO found that 56 million Indians suffer from depression, and 38 million suffer from anxiety disorders. Owing to mental health conditions in India, the WHO has estimated economic losses amounting to close to 1.03 trillion USD between 2012…

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How Companies Can Tie Up with TalentPro (Staffing Agency) to Save Time and Costs

How Companies Can Tie Up with TalentPro (Staffing Agency) to Save Time and Costs

[vc_row][vc_column][vc_column_text]Regular candidate assessment and employee recruitment processes are commonplace in global businesses throughout the year. Apart from this, business organizations are periodically required to meet an unanticipated surge in business or handle bigger projects. Due to this, in addition to their in-house human resource managers, entrepreneurs often feel the need to tie up with reliable staffing agencies and third-party payroll service providers. Tie up with the Best Staffing Agency to…

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All That You Need to Know About Employee Reimbursement

All That You Need to Know About Employee Reimbursement

[vc_row][vc_column][vc_column_text] As a part of compliance management processes, organizations must ensure that payroll compliance is followed. One of the processes involved in it is that of employee reimbursement. Employee reimbursement is the process of compensating employees for expenses that the employees from their own pockets have handled. This process extends to even customers, clients, shareholders, and third parties who have spent on business-related expenses for an organization. Reimbursement and Compensation – The…

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