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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Common Payroll Errors – What You Need to Know
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]Payroll can either refer to a list of employees that are currently employed in an organization or the amount of money that are paid to the employees. It includes aspects such as attendance, tax returns, HRA, and LTA. However,…
POSH Compliance – Creating Safer Workspaces
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]POSH: POSH is an acronym for the prevention of sexual harassment. This act was passed in 2013 thanks to the efforts of the Vishakha group who battled for the cause of safer workplaces. Now organizations have systems in place…
HR Outsourcing – An Essential Business Strategy
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]HR outsourcing is one of the essential business strategies of the day. Most business owners agree that their employees are their most valuable assets. Hence most businesses are outsourcing their HR functions. Let us have a look at some…
Consequences of GST Non Compliance
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”] Usually, GST returns comprise of two types of returns – periodic and annual returns. The periodic returns comprise of monthly and quarterly returns, and these are for transactions during the month or the quarter. The annual return is…
Importance of Filing your Business Tax Returns
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”] ITR filing is perhaps one of the most fundamental activities in one’s life now, especially if he/she is a well-placed professional or a businessman. Let’s look at the benefits of filing returns. Saves from prosecution The most significant…
How Non-Compliance Impact SME’s?
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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 much goes into forced savings and what kind of tax exemptions to claim. Components of Pay Structure in India Basic Salary It is the base income of an employee, comprising of…
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 of identifying, engaging, and networking with relevant talent pools of best fit. It is also defined as to finding prospective candidates to generate a steady flow for current and future…
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 a constantly evolving challenge While one of the parties in the contract is the government, the other part is typically an organization that carries out the activities in the contract.…
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, when it comes to payroll, it encompasses various elements. Some of these include: Tax computation and deduction Benefit awards Gross wage estimate and award Employee record upkeep. In most cases,…
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 HR means? Statutory compliance in HR, refers to the legal framework within which the organizations must operate. Every country has many laws to which the companies must adhere to. A…
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 is labor-intensive, complex, and requires people skills and business expertise. Here are some reasons as to why you need to hire an executive search firm. Recruiting a senior executive candidate: It…