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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7 Ways HRMS Can Help In Identifying And Harnessing The Strengths Of Employees
[vc_row][vc_column][vc_column_text]Almost every business gives foremost importance to their employees, consider them as their most critical asset. HRMS can be a crucial player in harnessing the strengths of employees. With the growth and modernization of business, HR Solutions in India are increasingly playing…
What needs to be known about Compliance in 2021
[vc_row][vc_column][vc_column_text]Every year is a year different, and 2021 is no different from the previous year when we talk of changes in HR. Compliance will see some significant changes in 2021 in terms of its implementation in the coming year. Statutory…
Payroll Outsourcing vs In-house Payroll Management – A Comparative Analysis
[vc_row][vc_column][vc_column_text]Today there is undoubtedly a debate going on between Payroll Outsourcing Services and in-house payroll management in corporate circles. Most companies want to control their payroll better as it is a very strategic area of importance. In-house payroll is one where the…
How Does the Attendance Management System Help the Employees
[vc_row][vc_column][vc_column_text]Attendance is concerned with the employees in a very intricate and delicate manner. To win the employees’ trust, an organization needs to invest in attendance and leave management system. A good attendance management system reflects a healthy work environment, whereas a weak…
Talent Management Strategies Predicted in Future
[vc_row][vc_column][vc_column_text]Talent management as a concept-originated way back in 1990 when economic liberalisation started spreading wings in India. The talent management system has become part and parcel of daily business activity in the corporates. Today, the staffing companies in India have realised the…
Key Benefits of Payroll Compliance
[vc_row][vc_column][vc_column_text]Payroll is a very vital component of any business organization. To run a business successfully, it is necessary to ensure total payroll & tax compliance, the lack of which may draw a penalty from legal authorities. It should be remembered that today’s…
What to Know While Processing Year-End Payroll
[vc_row][vc_column][vc_column_text]At the end of a busy financial year, HR managers have to contend with numerous tasks. One of the ins, ensuring that payroll processing is handled accurately and effectively. The payroll management process however, is far from easy. However, there are effective practices that managers can follow that can ensure that they stay on top of things at the end of the year. Ensure that Employee Documents Are Up-To Date A key…
How Risk is Non –compliance to your Business
[vc_row][vc_column][vc_column_text]Compliance is a safety net for any organization. The practice of adhering to rules and regulations, and standards that have been set forth by governing bodies is called compliance. Staying compliant with standards and codes however is no easy task. It is an ongoing continuous process that has to be constantly revisited and reassessed periodically. Compliance is of 3 basic types: Regulatory Compliance: Compliance with rules that have been set by…
Get to know the legal requirement for starting a Business
[vc_row][vc_column][vc_column_text]Starting a business can be challenging and intimidating for new investors and heads. Ensuring that all mechanisms are in place by the time work gets underway is an essential task that upper management must take care of. In order to ensure that a business runs smoothly, statutory compliance and other tasks must be fulfilled. Structuring a company Structuring a company is the first and foremost task that must be attended to. Structuring…
Overcoming Obstacles in Payroll Processing
[vc_row][vc_column][vc_column_text]Processing a company’s payroll is a time-consuming task with little room for error. It encompasses tasks that range from employee documentation and maintenance to taxation and time and attendance. Organizations can look at payroll outsourcing to improve the efficiency of their business. Organizations may look to expand the scope and scale of their operations and business and with it come major challenges. Handling the logistics of expanding an organization’s operations is a…
Features of Most Valuable Online Payroll Service
[vc_row][vc_column][vc_column_text]Payrolling has gained immense business importance across all the corporate sectors at present. Third-party payroll has played a dominant role in modern India’s business environment for quite some time now. There are so many payroll service providers in this country, but you need to make sure that you avail the service of only the best out of the best. As a business owner, you must be aware of the features that mark the reputation…
How to Mitigate Compliance Risk Factors
[vc_row][vc_column][vc_column_text]In today’s business world of cut throat competition, it is very required from the corporates that they follow certain principles that will help them to mitigate the compliance risks. Compliance is defined as the outcome for adhering to the Government rules. Compliance Risk can involve legal and financial consequences for failing to act according to certain established regulations required for running of a business. Statutory Compliance in India is a…