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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Step-by-Step guide to payroll processing 2024
What is payroll processing? Payroll processing encompasses the complete sequence of steps necessary to calculate each employee’s total remuneration. This process typically includes three to four stages and involves tasks such as defining salary structures, gathering employee data, accounting for…
What is Vendor compliance?
Vendor compliance refers to the adherence of a supplier or vendor to the terms, conditions, and standards set forth by a buying organization. Essentially, it’s about ensuring that the products or services provided by a vendor meet the specified requirements,…
Reasons why companies should partner with a top temporary staffing agency for recruitment success
Your organization is embarking on a critical project with a tight deadline, but the internal team is already operating at full capacity. Compounding this challenge, one team member needs to take parental leave, and another has pursued an opportunity at…
Shop and Establishment Act Compliance Checklist 2024
Ensuring Compliance: A Comprehensive Guide for Businesses Under the Shops Act in India In the realm of business operations in India, compliance stands as a cornerstone, signifying adherence to legal regulations and norms. Each statute, including the Shops Act, delineates a set of compliance…
All you need to know about employee compensation policy
Employee compensation policy refers to the structured framework a company implements to determine how it remunerates its employees for their work. It encompasses various components, including salaries, wages, bonuses, benefits, and incentives. Crafting an effective compensation policy is crucial for attracting and retaining top talent, motivating…
HR Training and Development in 2024: Trends and Predictions
Training and development programs helps the employees to learn and acquire new skills, as well as in gaining the professional knowledge required to progress in their careers. Training and development programs are essential for organizations to achieve their objectives, as…
Navigating legal compliance: A guide to business practices in India
Running a successful business involves several critical considerations, and maintaining legal compliance should be at the top of your priority list. Legal compliance in India entails a significant amount of paperwork and procedures, making it essential to have a dedicated compliance team within your business to handle this function effectively. Adhering to laws, regulations, and standards helps streamline your business operations and, most importantly, prevents severe penalties and fines.…
Contract Labor Act Management Checklist 2024
What is Contract labor act (CLRA)? In India, the Ministry of Labour and Employment oversees the formulation and enforcement of labour rights laws. Its primary role is safeguarding workers’ interests, enforcing employee-friendly regulations, and ensuring industry compliance nationwide. These laws establish a framework for various labour-related matters such as minimum wage, occupational safety, accident and social security benefits, health, and employment conditions. The Contract Labour Regulation and Abolition Act of…
Revolutionizing talent acquisition: The impact of recruitment process outsourcing (RPO) in staffing
Recruitment Process Outsourcing (RPO) has emerged as a transformative solution in the realm of staffing and human resources management. In today’s competitive business landscape, organizations are increasingly turning to RPO providers to streamline their hiring processes, enhance candidate quality, and reduce recruitment costs. By outsourcing all or part of their recruitment functions to specialized RPO firms, companies can leverage expertise, technology, and scalability to meet their talent acquisition goals efficiently.…
What is an executive search firm and how did executive search company work
What is an Executive search firm? An Executive search firm, also known as an executive recruitment firm or headhunting firm, plays a crucial role in the talent acquisition process for organizations seeking top-level executives. These firms specialize in identifying, attracting, and hiring candidates for senior-level positions, acting as a type of staffing agency with a focus on high-level recruitment. Executive search firm brings a wealth of expertise and resources, ensuring…
What is Contingent Staffing? Essentials and Examples
What is Contingent staffing? Contingent staffing refers to the practice of hiring temporary workers or contract employees on an as-needed basis, rather than employing them full-time as permanent workers. Contingent workers and contractors are essentially the same; both are brought in to fulfil specific roles or complete projects for a predetermined period, without the long-term commitment of traditional employment. In the modern workplace, contingent labour has gained importance due to…
Step-by-Step guide to payroll processing 2024
What is payroll processing? Payroll processing encompasses the complete sequence of steps necessary to calculate each employee’s total remuneration. This process typically includes three to four stages and involves tasks such as defining salary structures, gathering employee data, accounting for components like deductions and allowances, and setting up necessary policies related to taxes and other adjustments. Beyond disbursing salaries, payroll processing also involves filing, reporting, and providing payslips to employees,…
