Payroll processing is a task that is complicated and consumes much time, especially for a small business wherein there isn’t any dedicated person recruited to manage the organization’s payroll. Large companies may have multiple people dedicated to taking care of payroll processing, but small to medium-size companies may find it more efficient and cost-effective to use an outside payroll processing company. The following are some of the essential benefits that…

As every holiday surges closer, are you’re going through those sudden doses of stress and reward? Amidst all the excitement and tiring hours at retail stalls, the next significant stress element is to worry about the staff and to have enough of them. A knowledgeable and well-trained work fleet will keep your workflow smooth and steady even during a swell, and of course, beat your competition at it. To find…

Payroll processing technologies from TalentPro have always been well ahead of times. Their design and delivery empower managers, payroll administrators and employees to accomplish more on a daily basis. Payroll processing is a simple process of calculating the net salary from the gross income and deductibles. This gets complicated when it involves many thousands of records. Payroll processing steps in to automate the process. While a few small organizations prefer…

Payroll 101: Things You Must Know (Blog Post 1 # 4) This is a series of blog posts that will address the most important points related to managing payroll.  The second in this series will focus on “Understanding Payroll Management in India – Points to consider” The last 20 points from the law post. Understanding Payroll Management in India 21. Government agencies require you to adhere to certain specific payroll responsibilities.…

The present day legal climate is one of uncertainty and confusion. In most cases, a law comes to light only after its contravention, resulting in severe penalties. Compliance Management is a must in keeping you away from the long arm of the law! Here is a quick compilation of the various Statutory Compliances In HR The Apprentices Act, 1961 The Contract Labour (Regulation & Abolition) Act, 1970 The Child Labour (Prohibition…

This is a series of blog posts that will address the most important points related to managing payroll.  The third in this series will focus on “Some intricacies of building a payroll system” – Points to consider” Some intricacies of building a payroll system 46. The basic function of the payroll office is to provide and promote payroll services which meet the needs of staff of any organization. 47. The…