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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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…
Payroll and its components
An inevitable aspect of HR, which often gets overlooked, or worse, tossed over is the payroll. Perhaps one of the most important details that fall under the job of an HR professional and/or their employee is the payroll, but unfortunately,…
Across the Globe, Future of Employee Payroll in Cryptocurrencies
Evolution of Cryptocurrency Handling of money, often one of the most anxiety inducing jobs, has taken an even larger toll since the introduction of crypto currency. It has led to sleepless nights and aimless days of calculating and processing the…
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…
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…
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…
Third Party Payroll Outsourcing – Why it is So Important to Consider?
Payroll is complicated, time-consuming and involves a varied range of responsibilities on daily basis. Small and Medium businesses find it very stressful to manage it all by themselves and thus are increasingly preferring a third party payroll service provider. This is owing to the fact that it has been proven effective and easier to handle payroll when signing up with an agency. Third party Payroll outsourcing has several benefits. Here…
Payroll Outsourcing Cost – The Benefits of Payroll Services Pricing
Payroll Outsourcing for a business of any size is essential and saves you the hassle, money and time to handle the payroll yourself. Increasing number of businesses today are turning to Payroll service providers to ensure smooth handling of Payroll. With not just giving you a hassle-free experience, outsourcing your Payroll to Talentpro helps a business to focus on its core value of building it and fostering its growth. The…