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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Payroll Structures in India: All you need to know
Payroll structure is the details of the salary that have been offered in terms of the breakup of different components constituting the compensation. Knowledge of the components is very crucial to the employee as he gets an idea about how…
Why Strategic Talent Sourcing is Key to High-Quality Hires?
Talent sourcing strategies are the first step in getting the best talents on board. It is both time-efficient and cost-effective. Let us see the entire process in a bit of detail. What is talent sourcing? Talent sourcing is a structured method…
Special Compliance Requirements for Government Contractors
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]Government contracts, as the name suggests, are those undertaken or signed by state or central governments. They are initiatives signed for various purposes such as construction and maintenance, manpower and staffing, IT-related projects, and so on. Government contract compliance is…
Payroll Fraud: Prevention is Better Than the Cure
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]Payroll processing services play a significant role in the running of any organization. The overseeing of processes that are involved in the payment of wages to employees is one of the HR department or manager’s chief objectives. Of course,…
Is your Payroll Statutory Compliant?
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]This Blog deals with the subject matter, whether the payroll system that you are using is statutory compliant or not? It is very must for the companies to use a statutory compliant payroll system. What is Statutory Compliance in…
10 Reasons Why Executive Search is the Most Effective for your company
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]Here are some important reasons as to why Executive search firms are just so necessary for your company. This blog details some of the essential criteria that still make these firms so relevant. Recruiting the best candidates is not easy; it…
Payroll Strategies for the Year Ahead
[vc_row][vc_column][vc_column_text]According to the Willis Towers Watson Survey that conducted in 2019, salaries in India are projected to rise by 10% in the year 2020, and sectors like manufacturing, chemical, tech, and pharma are expecting salary increases by 10%. Sectors such as energy, financial services, and consumer products will see the highest year-on-year growth. Given that various sectors are primed for growth in the year ahead, the market becomes extremely competitive…
Third-Party Payroll in 2020- Less Stress, More Efficiency
[vc_row][vc_column][vc_column_text]2020 is finally here, and with it come a whole new set of challenges for organizations in terms of finding and retaining the right talent. Workplaces are continually evolving to keep with the times and the ever-changing needs of the marketplace. With Glassdoor’s chief economist Andrew Chamberlain declaring that employees would be organizations’ sole focus in the year ahead, the race is on for employers to find, manage, and retain…
What is the importance of having an HRMS?
[vc_row][vc_column][vc_column_text] HRMS is an integrated system providing information that is used by the HR department in various strategic decision making. These days’ majority of the corporates have an HRMS portal. It is an important tool by which any company can keep track of all its employees and information about them. The company may choose to store many kinds of vital information such as employee demographics, benefits tracking, and performance-related information. To…
How to Simplify Your Organization’s Payroll Process?
[vc_row][vc_column][vc_column_text] This blog focusses on various ways to simplify the payroll management system in your organization. Payroll processing is an ever-changing process and a complicated one too. Payroll process, in reality, is a very complicated process, and it generally refers to the administration of employee’s financial records, including salaries, wages, bonuses, deductions, and net pay. Payroll processing is, of course, a very time-consuming process. As such, the Indian corporate houses resort to…
A Primer to Payroll Taxes
[vc_row][vc_column][vc_column_text] Payroll Taxes are taxes that are deducted from an employee’s salary by an employer. Payroll taxes are usually a small percentage that is deducted from an employee’s salary. These taxes are used for various purposes and to cover programs such as medical insurance and social security for employees. This is done when employers deduct those amounts and send them to appropriate government agencies. This is how employees look out…
How staffing industry in India grown over the past five years?
[vc_row][vc_column][vc_column_text] The staffing industry in India has grown to an extraordinary level, especially in the area of a third-party payroll service provider. Staffing in India has shown much activity with the growth of business and commerce. Temporary staffing has shown remarkable growth over the last few years. In simple words, the staffing industry is all poised to make a giant leap in the coming years. Over the past five years, the industry…
