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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15 Reasons to Outsource Your Payroll
[vc_row][vc_column][vc_column_text]Payroll outsourcing has become a practice that most companies are beginning to follow to handle the demands of extremely competitive marketplaces. Some of the reasons why you should consider switching to payroll outsourcing. Time – Outsourcing to HR payroll services takes considerably less…
Ways Technology can redefine recruitment in 2020
[vc_row][vc_column][vc_column_text]Technology is having a major impact on many aspects of the industry verticals and so also on the recruitment process, which has undergone a sea change with the advent of the latest technology in HR. Today almost everything has changed…
Critical HR Challenges in the Textile Industry
[vc_row][vc_column][vc_column_text]Textiles is a very major industrial sector in the Indian Economic arena. As a vast industry with a large workforce, it is natural to have HR challenges, some of which may be critical. Indian Textile industry employs the highest number…
Things to be taken care of while choosing the best payroll outsourcing company in India?
[vc_row][vc_column][vc_column_text]These days most of the businesses in India find it comfortable in outsourcing payroll processing services to different third-party vendors. Let’s consider some of the important things in choosing the best payroll company. As the economy in India grows to new heights,…
HR and the Banking Industry in 2020
[vc_row][vc_column][vc_column_text]2020 is here, and the banking and insurance industry will be looking at effectively tackling challenges during the year. As marketplaces are becoming more competitive, here are some of the key challenges that HR professionals in the banking and insurance…
The 2020 Budget – What it Means for Your Payroll
[vc_row][vc_column][vc_column_text]The union budget was presented on the 1st of February 2020 by the finance minister Nirmala Sitharaman. According to several prominent economists, Sitharaman’s budget focuses on long-term growth economists. Another key highlight is that the government has introduced an optional…
How Payroll Management varies for different sectors
[vc_row][vc_column][vc_column_text]Payroll is a very strategic aspect of any business organization, and as such, every industry sector lays great emphasis on its successful implementation. Payroll processing services is a very strategic corporate function these days. Every business, big or small, needs payroll. These days there are some of the best payroll vendors that are available in the market that can work across many industry verticals to provide a good payroll management system as…
Preparing the Workforce for the End of the Financial Year
[vc_row][vc_column][vc_column_text] The financial year is a standard one-year time period during which business is conducted. Organizations will have to submit balance sheets and income statements and other financial records to the government of India. The date with which the financial year starts differs from country to country. In India, the financial year or the fiscal year starts from April 1st and ends on March 31st of the next year. In…
2030 and the Future of the Labour Market
The world’s marketplaces are constantly evolving and it remains to be seen what is in store for the way business and work is conducted. Organizations are beginning to adopt newer practices and trends to stay ahead of their competitors. Key Statistics for the Future Mckinsey, in November 2017, published a report titled ‘Jobs Lost, Jobs Gained: What the Future of Work Will Mean for Jobs, Skills, And Wages.’ The report…
Why is a good workplace culture important?
[vc_row][vc_column][vc_column_text]For a business to flourish and realize its aims, the foremost requirement is that of a good workplace. Good workplace culture is very important not only for an employee but for the employer as well. When we talk about the right places to work, we take into account the compensation paid by the company and its brand value. We still believe that these two elements are sufficient to attract the…
Payroll difficulties faced today in India
[vc_row][vc_column][vc_column_text]Payroll is a very important and strategic part of the HR function as it requires great skills and attention while processing; hence there are certain difficulties associated with payroll. As India has gained prominence in international business, there are also complicated tax and social laws that hold out a challenge to the payroll departments. From numerous complicated calculations and rules to state-level laws, there are plenty of things to be…
Challenges faced in handling a Company’s Compliance nowadays
[vc_row][vc_column][vc_column_text]Businesses face numerous issues every day and every year related to compliance that may impact their businesses severely. The cause of these issues is very stressful, especially for small businesses. In today’s world of cut-throat business competition, every business gives foremost importance to compliance solutions.To be frank enough, in today’s ever-changing landscape of HR laws and regulations, certain parameters such as labour law compliance and statutory compliance management are of immense importance to the businesses…
