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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Effective Statutory Compliance Strategies for HR in the Manufacturing Sector
[vc_row][vc_column][vc_column_text]The manufacturing industry in India is an integral part of its economy. According to the World Bank’s statistics, manufacturing was responsible for 13.72% of India’s GDP in 2019. Given that manufacturing is responsible for a substantial chunk of India’s GDP,…
How 6 Things Will Change the Way You Approach Payroll Service
[vc_row][vc_column][vc_column_text]In today’s business environment, Payroll services play a very important role in its success. Hence, selecting the right vendor before you resort to payroll outsourcing needs to be a concentrated approach. Let us all accept that it needs time and technique to excel…
6 Most Important Element of Human Resource Management
[vc_row][vc_column][vc_column_text] Human Resource Management is the most significant vertical in any organisation. Let’s look into some of the core elements of HR for an organization’s smooth functioning, increasing organizational productivity, and good company culture. TalentPro is one of the biggest…
Is Technology Making Statutory Compliance Better or Worse?
[vc_row][vc_column][vc_column_text]The landscape of business is undergoing a rapid transformation. The current global situation has also been responsible for quick changes in the way organizations do business. Organizations have quickly adapted to newer technologies that can help various aspects of their…
Payroll Technology: 5 Things to Lookout For While Choosing the Best One
[vc_row][vc_column][vc_column_text]Technology is now a crucial component in any organization, even in the aspect of human resources. Payroll has drastically shifted to more digitized methods in the form of payroll technology and software. Blueweave consulting published a report in August 2018…
The Next Big Thing in Payroll Services
[vc_row][vc_column][vc_column_text]Payroll services are very strategic but also a never-evolving process. A payroll service provider not only gives out paychecks but also handles many other vital responsibilities. The latest trends in payroll suggest many exciting facts. The latest technology has impacted almost every…
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 company has a department that does a specific job. They use software accessible by the staff, and all the information concerning the employees are stored in the system. The payroll…
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 system sets off alarm bells. The attendance management system and payroll management system have evolved, and now we have a more friendly and effective system. The inputs from the automated attendance system…
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 potential to correct Talent Management Strategies. The burning issue with many companies is that they spend a lot of time developing their talent but spend very little to retain and…
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 business environment requires a very good form of corporate governance for the organization to succeed in its mission. The payroll department plays a vital role in protecting the company’s reputation by ensuring statutory…
Payroll Solutions– A Crucial Component for Retail and E-Commerce
[vc_row][vc_column][vc_column_text]The retail and e-commerce industry or sectors are among the fastest-growing industries in the world today. A report by the Indian Brand Equity Foundation states that the Indian e-commerce market alone is poised to reach 84 billion USD by the year 2021. India is the fastest-growing e-commerce market and will grow by 1200% in the year 2026. Given the sheer scale of operations, organizations in these sectors will face many…
Implementing Statutory Compliance with 5 Simple Steps
[vc_row][vc_column][vc_column_text]Any organization is only as good as the synergy between its employees and the higher-ups. For this synergy to deliver on effectiveness, two crucial elements are necessary: corporate governance and compliance. Corporate Governance Corporate Governance implies to a system of rules, practices, and processes that a firm uses to direct and control its efforts. This encompasses almost every tier of management. It includes aspects such as action plans and internal controls to performance measurement…
