[vc_row][vc_column][vc_column_text]Attendance is concerned with the employees in a very intricate and delicate manner. To win the employees’ trust, an organization needs to invest in attendance and leave management system. A good attendance management system reflects a healthy work environment, whereas a weak system sets off alarm bells. The attendance management system and payroll management system have evolved, and now…
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[vc_row][vc_column][vc_column_text]Talent management as a concept-originated way back in 1990 when economic liberalisation started spreading wings in India. The talent management system has become part and parcel of daily business activity in the corporates. Today, the staffing companies in India have realised the potential to correct Talent Management Strategies. The burning issue with many companies is that they…
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[vc_row][vc_column][vc_column_text]Payroll is a very vital component of any business organization. To run a business successfully, it is necessary to ensure total payroll & tax compliance, the lack of which may draw a penalty from legal authorities. It should be remembered that today’s business environment requires a very good form of corporate governance for the organization to succeed in its…
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[vc_row][vc_column][vc_column_text]The retail and e-commerce industry or sectors are among the fastest-growing industries in the world today. A report by the Indian Brand Equity Foundation states that the Indian e-commerce market alone is poised to reach 84 billion USD by the year 2021. India is the fastest-growing e-commerce market and will grow by 1200% in the…
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[vc_row][vc_column][vc_column_text]Any organization is only as good as the synergy between its employees and the higher-ups. For this synergy to deliver on effectiveness, two crucial elements are necessary: corporate governance and compliance. Corporate Governance Corporate Governance implies to a system of rules, practices, and processes that a firm uses to direct and control its efforts. This encompasses almost every tier…
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[vc_row][vc_column][vc_column_text]HR is probably the most strategic area in the business domain. It can be said to be the engine of any corporate body. Since there will be challenges in the HR Management system, it becomes important to resolve them. For any business, the most important component is its employees. HR Services are often outsourced these days to…
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[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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