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.
Human Resources in ‘Gig Economy” – Temporary Employment
In a world swarming with over population, it is not surprising that companies and organisations find themselves full of employees. It is an absolute fact that employees form the root of any company, but for the company to grow strongly, the employees should be deeply rooted. The job description of every Human Resource executive mainly revolves around, well, people. How they manage people, how they bring in people, how they…
DATA SECURITY AT WORK PLACE – Safety, Security & Privacy
What is Data Security? How to Keep your Data Safe & Secure There are millions of security risks everywhere. From every single decision we make, or do not make, we intake and exude an enormous amount of data. It might not seem so hazardous, in fact, very little so. What harm could buying something off the internet be? Or what harm could not logging out for a day or so…
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, and manage taxation. Here’s the essential payroll setup checklist to facilitate a smooth transition: Get the company papers ready: You need to obtain RoC, Electronic Challan cum Return (ECR), Tax…
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 the implications of certain factors, can definitely be labelled as the mistake of a lifetime. One such limitation that poses as a constant challenge to most startups is, of course,…
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 to calculate taxes, provident fund (PF), medical expenses, benefits, travel allowance and so on. Framing the salary components is often one of the biggest challenges in every payroll management system.…
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 a highly organized system that can be relied upon to pay each employee the right amount of money. From a humble ledger book accounts; cash salary payments to e-transfers and…
