The ongoing pandemic has forced organizations and employees to adapt to very different working conditions. However, companies that had already made the switch to technologies such as cloud-based software, online payroll and outsourcing found it easier to adapt to the new normal. Payroll services in India have been a boon for various organizations during the pandemic.…
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Compliance is both a necessary and grueling process that organizations have to continuously maintain and follow. Compliance can be both time and effort intensive when done in house. Because of this, most organizations prefer to outsource this process to compliance services. Third party concerns called compliance services take over and oversee all compliance related activities…
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Processing an organization’s payroll is a time consuming and tedious task. It can potentially take away resources and efforts of an organization that could be directed elsewhere towards its growth. According to Tholons Top 50 Digital Nations and A. T. Kearney Global Services Location Index of 2019, India is still the best nation to outsource.…
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The Coronavirus pandemic impacted businesses and employees globally. However, India’s GST collection for the month of October was 1.05 lakh crore rupees, a favourable statistic for the country’s businesses. Post the lockdowns and restrictions, India seems to be back on track in terms of reviving the economy. Apart from the manufacturing sector, the e-commerce sector…
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Almost every business gives foremost importance to their employees, consider them as their most critical asset. HRMS can be a crucial player in harnessing the strengths of employees. With the growth and modernization of business, HR Solutions in India are increasingly playing a more significant role in business development. HRMS has a very constructive and critical role…
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Every year is a year different, and 2021 is no different from the previous year when we talk of changes in HR. Compliance will see some significant changes in 2021 in terms of its implementation in the coming year. Statutory Compliance in HR is a strategic subject matter that is crucial for the successful running of…
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Today there is undoubtedly a debate going on between Payroll Outsourcing Services and in-house payroll management in corporate circles. Most companies want to control their payroll better as it is a very strategic area of importance. In-house payroll is one where the company has a department that does a specific job. They use software accessible by…
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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…
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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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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…
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