[vc_row][vc_column][vc_column_text]The payroll process is an integral aspect of any organization. However, there are specific ways organizations bring disaster on themselves while handling their payroll. That is why this aspect is outsourced to payroll processing services for better results. Here are 8 ways payroll processing is sabotaged in an organization. Misclassification In a competitive economy, misclassifying…
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[vc_row][vc_column][vc_column_text]Compliance is a very basic and fundamental part of any business. Today every business, big or small, must adhere to a set of compliances, and corporate are taking steps to make sure that they get everything right when it comes to compliances. Non-Compliance with regulatory requirements may result in fines and even unpleasant situations. Businesses…
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[vc_row][vc_column][vc_column_text]Payroll Outsourcing is an innovative way for organizations to stay ahead of the competition and reduce the burden of handling their payroll. Organizations can outsource the payroll process to payroll outsourcing companies. Payroll Processing involves a multitude of processes that are usually handled in 4 ways: In-house payroll processing where organizations take it on themselves to…
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[vc_row][vc_column][vc_column_text]The manufacturing industry in India is an integral part of its economy. According to the World Bank’s statistics, manufacturing was responsible for 13.72% of India’s GDP in 2019. Given that manufacturing is responsible for a substantial chunk of India’s GDP, development in this sector becomes essential. Manufacturing industries involve a lot of human resources and potential…
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[vc_row][vc_column][vc_column_text]In today’s business environment, Payroll services play a very important role in its success. Hence, selecting the right vendor before you resort to payroll outsourcing needs to be a concentrated approach. Let us all accept that it needs time and technique to excel in business. Leading a successful business is challenging in today’s business world. In today’s competitive…
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[vc_row][vc_column][vc_column_text] Human Resource Management is the most significant vertical in any organisation. Let’s look into some of the core elements of HR for an organization’s smooth functioning, increasing organizational productivity, and good company culture. TalentPro is one of the biggest players in Human Resource Management System in India. Armed with a team of experienced and…
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[vc_row][vc_column][vc_column_text]The landscape of business is undergoing a rapid transformation. The current global situation has also been responsible for quick changes in the way organizations do business. Organizations have quickly adapted to newer technologies that can help various aspects of their organization function better. An area that requires looking into is the application of technology in…
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[vc_row][vc_column][vc_column_text]Technology is now a crucial component in any organization, even in the aspect of human resources. Payroll has drastically shifted to more digitized methods in the form of payroll technology and software. Blueweave consulting published a report in August 2018 stating that the Global Payroll & HR Solutions & Services Market is expected to grow…
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[vc_row][vc_column][vc_column_text]Payroll services are very strategic but also a never-evolving process. A payroll service provider not only gives out paychecks but also handles many other vital responsibilities. The latest trends in payroll suggest many exciting facts. The latest technology has impacted almost every sphere of the HR department. The payroll process is no exception. These are the newest payroll trends…
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[vc_row][vc_column][vc_column_text]Statutory compliance refers to the process where companies adhere to a set of requisite laws and regulations by the regulatory body or entity. Compliance is monitored either by a governmental agency or an independent concern within a particular sector. These entities oversee practices and policies that companies follow while conducting business. The initiatives taken by organizations…
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