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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Switching Jobs in the middle of the Financial Year? Here’s How to Deal with Multiple Form 16s
These days’ professionals often tend to switch their jobs as if they get better paymasters. Form 16s is one of the most critical documents for filing income tax return at the end of a financial year. This form contains a…
Payroll Statutory Compliance – The Factors that Drive It
[vc_row][vc_column][vc_column_text] Payroll is a process central to any organization. It directly affects how an organization does business, how it treats its employees, its growth, and several other ways. Payroll may refer to not just the list of employees and their…
The Compliance Calendar: A Guide to Crucial Dates for HR Managers
The new year is fast approaching, and with it come afresh set of tasks and challenges. Below are some important dates to be taken note. These dates are as per Labour Compliance in India and are consistent across all companies.…
What is the penalty for not paying payroll taxes?
[vc_row][vc_column][vc_column_text] TAX bills are bad enough, but worse are the penalties involved with the non-payment of the same. There may be many reasons for the penalty to be levied, but the chief reason is either failure to pay the amount…
SEZs and Labour Law Compliance: Protecting Worker Interests
Special economic zone (SEZs) are a direct consequence of the phenomenon of foreign direct investment (FDI). In simpler terms, SEZs are geographical areas within a country that have different laws and systems than other geographic regions. These zones are designated…
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…
Salary Trends in india
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The Rise of Flexi Staffing – Tomorrow’s Workforce
Flexi staffing refers to the situation where organizations hire employees temporarily, either for a fixed period or until the completion of a task. These employees can be from staffing agencies or referrals on a contract basis. Flexi staffing is becoming increasingly popular among workplaces to complete short-term projects and goals effectively. Flexi staffing also helps organizations who might require a lot of workforce during a specific period. Temporary employees who are sent…
The Company Law Act Amendment- How it Affects Corporate India
Organizations and companies in a nation or society are subject to scrutiny as well. When organizations or companies are held accountable for their actions according to a set of regulations, it is called compliance. It refers to an organization adhering to a set of laws and rules that governs how it does business. Statutory Compliance takes care of how an organization treats its staff, the payment of wages, and the…
Revolutionizing Payroll Through Artificial Intelligence
[vc_row][vc_column][vc_column_text] AI or artificial intelligence is slowly catching on as a viable means of streamlining key HR processes. Using AI could help managers and organizations take key decisions in lesser time periods by providing real-time information and analysis. This extends to all components of HR, such as payroll, recruitment, and talent acquisition as well. According to the Mercer Global Talent Trend Report, 2019, 88% of companies globally are reliant on…
How Digital Marketing is Changing Recruitment and Staffing
[vc_row][vc_column][vc_column_text] In this digital age, digital marketing is gaining prominence even in the field staffing services and is helping to change the face of recruitment and staffing. Nowadays, most of the companies use the services of various staffing services companies for manpower need fulfillment. Digital marketing is changing the face of recruitment and staffing in today’s world. It helps to speed up the entire process. Helps to reach the qualified candidates quicker…
10 Innovative Hiring Strategies for 2020
Today’s world markets are in a constant state of flux. There is a frantic struggle to keep up with developments across various fields and markets. Aspects such as government policies, trade, international all impact how markets constantly evolve, which in turn will impact the hiring and staffing strategy of major organizations. As the year is almost at an end and a new one dawns, companies must be flexible yet taut when the…