Posted on 5/3/2017 3:20 PM By TalentPro-Blogger
India is thebase 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 or idea to the market faster. They work with limited buthighly focused and committed resources that have a burning urge to succeed.
But like all others, startups are also commercial institutions. The startup has to be registered properly and follow the rules of the land. In India, you have to watch out for both state and central laws. Not being statutory compliant is dangerous. It not only gives you unwanted attention from the authorities, it kills the morale of your employees. Who would like to work for a boss who does not follow the law? If you are statutory compliant, you can hold your head high, and get the respect of your employees, vendors, and clients.
Posted on 3/30/2017 7:16 PM By TalentPro-Blogger
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 business houses. Efficiency, productivity, and profitability have become more difficult to achieve in an open market. Competition is always sniping at you both at the regional and national levels.
For a business to be competitive, it is important to focus on core issues. When you start an enterprise, you start with a vision. As you move forward, a smart businessman evolves and adjusts his business plans to meet the market demands. That is the only way to survive and grow. Internally you create departments to focus on various aspects of your business and give the department heads fewer issues to worry about. But, as a CEO, it is your job to make sure all these integrate smoothly and function well together.
Posted on 3/20/2017 11:58 AM By TalentPro-Blogger
The modern workplace is changing at a dramatic pace. Young workers today are no longer ready to accept the 10-5 jobs. They want flexibility in the work hours and ready to work hard to complete their tasks. In addition, many of the modern workforce are looking at the Work From Home concept. After all, what can be done with a computer and an Internet connection, can be done from anywhere. If I have to write a detailed report or prepare a presentation, why can’t I just do it from home and spend some quality time with my loved ones at the same time?
Under these circumstances, time and attendance management is undergoing a sea change. The old ways of arriving at the office and leaving the office can no longer be used for time and attendance. Modern time and attendance management should be flexible, and be ready to accept virtual workspace as a given.
Posted on 2/16/2017 11:37 AM By TalentPro-Blogger
Every organisation spends an enormous amount of time worrying about growth. The senior management spends a large amount of their time discussing growth strategies and how to look for and corner business opportunities.
The pertinent question is – are you giving enough attention to your employees? Is human resource a part of your business strategy? Is your HR system geared to encourage employee happiness and growth?
Posted on 11/24/2016 4:24 PM By TalentPro-Blogger
More and more services providers are outsourcing their staffing solutions, regardless of the nature of their services or the number of employees their operations involve. Staffing is an operation that demands picture perfect execution. You have to be on your feet to appoint the right person to do the right job at the right time. Naturally, this asks for a lot of time as well as manpower. This is where staffing outsourcing makes all the difference.
Posted on 10/24/2016 4:28 PM By TalentPro-Blogger
Payroll Processing is one of the key factors in a business. The ever changing aspect of modern business today has given rise to the specialized payroll outsourcing companies that take the responsibility away from the businesses, to make sure that they can focus solely on activities that will help them grow.
Posted on 2/23/2015 4:28 PM By TalentPro-Blogger
Understanding the basics of Labor Laws 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 potential impacts and conforming to mandatory changes is an increasingly difficult task.
Posted on 1/23/2014 10:14 PM By TalentPro-Blogger
Compared with the responses, HR Professionals are more concerned with developing future leaders and remaining competitive in the talent marketplace, whereas they are less concerned with finding employees in global markets and breaking down cultural barriers to create a truly global organization.
Posted on 5/8/2013 6:00 AM By TalentPro-Blogger
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 and gradually the growth spread across other countries in the world according to the Ciett economic report 2013 on the Global Agency Work Industry in 2011. The upward growth in agency work industry was witnessed in other major countries as well, except Europe and Japan both of which started seeing a downfall again in the first quarter of 2012.
Posted on 4/24/2013 6:00 AM By TalentPro-Blogger
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 regulatory framework and to reform the labor laws system to align it with the unique ‘tripartite’ feature of the flexi staffing industry through International Labor Organization (ILO) Convention 181. Both the bodies hence emphasized on the ratification of ILO Convention 181 for the growth of Indian Staffing Industry at the global level in the international colloquium held in New Delhi in March 2013.