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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Understanding Labor Law Compliance in India [Infographic]
Understanding the basics of Labor Laws Compliance is not just important – it is essential knowledge for companies to avoid risking legal liabilities. Regardless of big or small enterprise, timely and proactive compliance with Labor Laws is critical. Monitoring…
Challenges Facing HR Executives [Report]
Challenges Facing report is based on a survey of Human Resource Professionals by Society of Human Resource on their views of challenges they feel will affect the workplace in the coming years. Compared with the responses, HR Professionals are more…
Global Agency Work Industry in 2011 [Report]
Download the detailed report on “Global Agency Work Industry” in 2011. Global agency work industry continued to recover and started seeing a positive growth throughout 2011 & 2012 after the slump in the economy which started in US in 2007…
India has the potential to become the largest staffing industry in the world
Global Staffing Industry has estimated India as the one of largest markets and also says that the country has the potential to become the largest staffing industry in the world given the support from Indian govt. in ratifying certain labor…
Indian Staffing Federation (ISF) requests Indian Govt. for Confirmation of ILO Convention 181
Indian Staffing Federation (ISF), which is a highest body of staffing companies in India (Its main aim is the growth of Indian Staffing Industry) and CIETT, International Confederation of Employment agencies has urged the government of India to adopt a…
Global Temporary Staffing Industry Size and Agency Revenue [Infographic]
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How A Payroll Systems Works
[vc_row][vc_column][vc_column_text] When we consider systems, we always think of an application – offline or online. But, that is a narrow way of looking at things. Many systems, such as production systems, train systems etc incorporate a much broader set of activities and structures. In the case of a Payroll System, we are essentially looking at how the activities related to payroll are handled by a computer application. To understand this…
Why Is Third-Party Compliance Management Important Especially For SMEs?
The Need for Compliance The other day I met a Company Secretary who was desperate to delink himself from his current employer and look for a ‘better’ employer. His grouch? In spite of his sincere efforts, his current employer was non-compliant on some counts. The Company Secretary feared that his reputation and employability will be destroyed. In a recent meeting with Chartered Accountants, the PM literally warned them that they…
Where is HRMS Going in 2017?
The world is changing rapidly. Companies such as Uber is changing the way business is conducted. The latest is Uberisation, a process by which companies have a mixture of employees and external experts or professionals who are hired as consultants. This model is very attractive to companies as the transactional costs are low. Talent is hired based on demand-supply. Intense competition has forced companies to be agile. I yet remember…
The Influence of Compliance Management for Business Success
India is changing today. The government is introducing GST to ease taxation hassles and make it easy for individuals and business to remit their taxes through a single online portal. Even income tax is being made simpler for e-filing and similar steps. One of the major advantages we foresee is a lesser intrusion from governmental agencies as long as they see that you are compliant on all areas. As far…
How Crucial is Compliance for Startups
India is the base to the world’s third largest startups in terms of numbers. About 3 to 4 startups are born every day. Startups are built on the vision of the owner or owners. You have an experience in life. Think of a solution, an idea, and a startup is born. Many startups are extremely successful. It seems to be a well-accepted fact that startups can bring a new technology…
The Need for Payroll Outsourcing
The most common management mindset in India is to do everything in-house. This is a combination of culture and inexpensive labour. ‘I want a tight grip on my finance, and am certainly not going to get someone else to handle that’, is the most often heard thought process spoken aloud. This process is changing. Competition has intensified, both with Indian counterparts and with the easy entry of foreign entrepreneurs and…