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 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…
How to Identify and Overcome Challenges of Payroll Processing Services
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”] Today payroll processing services are an essential HR activity of any organization. This post deals with challenges of payroll outsourcing and the ways to overcome those challenges. Compliance: For a business that runs in several places, ensuring a…
The Pitfalls of Manual Payroll Processing
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]According to an online report, 25% of American organizations still rely on traditional paper and pencil methods when it comes to calculating and processing payroll. Payroll includes processes such as the maintenance of employee records and the calculation of…
Data security – Major Concern in Outsourcing
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]The data security risk is a massive worry in today’s outsourcing arena. Almost all the companies are lining up to outsource their HR functions, let’s have a look at some of the concerns. With the advent of IT, outsourcing has…
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 records but the task of managing them as well. Payroll processing is indeed a grueling task, one that has no margin for error. The consequences would be detrimental to the…
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. TDS is tax deducted at the source; This means that employees whoa repaid a certain amount of money will have a small percentage of deducted as per managers can quickly…
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 or not adhering to income tax return processing and filing. It can be also due to several retirement account inactions or non-possession of health insurance and not paying the full tax…
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 for trade and business and the overall economic development of surrounding areas. Some of the earliest, most successful SEZs are in China, with the most successful one in Shenzhen province.…
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…
