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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The Payroll Setup Checklist: Everything You Need to Know to Get Started
What is a Payroll? It’s a list of the employees working for your company and the money you pay to them as salary. Payroll Outsourcing Services actually makes it easier for you to manage the payroll, deal with statutory compliance,…
Challenges for tech startups in Payroll Processing Services
What are some of the challenges for tech startups in Payroll Processing Services? As easy as it is, to begin a company; there are endless limitations and cons associated with such startups. To start a company altogether randomly, without realizing…
Core components of payroll processing in India
[vc_row][vc_column][vc_column_text] The monthly salary and wages disbursement have several key components structured together in every payroll. Within and between gross and net salary, there are several ‘components’ that make a salary package. These are essential for the employers and employees…
Trends In Payroll Processing That Will Change An Organizations’ Working Pattern
One of famous questions that often arises among working class is “What is Payroll?”. Payroll is a very important task of any business and insists an understanding of current regulations, detailed tax knowledge to ensure proper withholding and filing, and…
Need and Importance Of Statutory Compliance
At the cusp of industry 4.0, businesses are often at the crossroads of digitization, change management and automation initiatives. Enterprises of all sizes are expanding their business territory thereby creating challenging supply chain networks. Along with this growth, statutory compliance…
What is staffing and the Facts about Staffing Solutions You Should Know
Staffing comprises of choosing the appropriate person for the appropriate job, training, and on-boarding while offering appropriate remuneration, performance appraisals, promotions, and transfer to employees. If you’re contemplating to outsource sourcing and recruitment activity to any of the Staffing Services…
Why Statutory Compliance Outsourcing is important for small businesses in India?
Manufacturing Organisations Service Organisations Micro scale – businesses whose plant, machinery, equipment, assets etc does not exceed 25 lakh rupees Micro scale – businesses whose plant, machinery, equipment, assets etc does not exceed 10 lakh rupees Small scale – businesses whose plant, machinery, equipment, assets etc does not exceed 5 crore rupees Small scale – businesses whose plant, machinery, equipment, assets etc does not exceed 2 crore rupees Medium scale…
Top Corporate Compliance Issues in 2019: How to Keep your Company Safe
Corporate Compliance refers to the various rules, regulations and laws of an area, region or country that a company or business has to follow or comply with. These compliances are a combination of guidelines for a corporate for both; it’s internal and external governance. Corporate Compliance is not only compulsory but also ensures that an organization is protected and safe. It is also very safe to say that non-compliance affects…
Costly payroll mistakes that could ruin your business[Infographic]
Payroll is complex, time-consuming and highly detailed. Small business owners may choose to do payroll in-house for cost consumption. Payroll errors can easily damage a small firm. Small and medium businesses are finding it very difficult to manage their payroll function in-house. Many firms have outsourced their payroll functions to external third-party payroll service providers, as this enabled them to focus on their core competencies Common Payroll Errors: Late tax…
Should you Outsource HR or Keep it In-house – How to Decide?
The Human Resources (HR) department manages all employee related activities like new employee recruitment & Selection, payroll Management, employee management and employee development Outsourcing is engaging an external individual, agency or organization to run or manage a particular function or service within a business or organization. Many organizations and businesses have outsourced their secondary or support work to external vendors, as this enabled them to focus on their primary or main area of…
Employee Engagement – Why is it Important?
What is Employee Engagement? Ensuring the employees are happy is a challenge many companies face. Over the years, the Human Resources have put tremendous focus on employee engagement. For any business to succeed, it is essential the employees are happy and productive. Research studies have proved that employee engagement strategy has resulted in positive outcome improving profitability and turnover of a company. With growing evidence suggesting that happy employees result…
Payroll Outsourcing Services for Small Business – Why it is Crucial for Startups?
For the growth of every company, payroll management system. is highly crucial and an important step that sometimes goes forgotten. Read more to understand the importance of payroll management and the relation it has with small businesses. What Exactly Is Payroll? Payroll is based on the concept of paying employees. Basically, any company that has more than one employee will most definitely have a payroll system. The motivation behind every…