AI and the Future of Hiring
AI and the Future of Hiring

[vc_row][vc_column][vc_column_text]Artificial intelligence becoming an integral part of the world’s marketplace and, indeed, day to day life as well. Businesses have taken to adopting AI in most of their processes to streamline them and focus on other areas for improvement. Cognilytica’s Global AI Adoption Trends and Forecast for 2020 throw up some interesting findings in this…

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How to do effective payroll management in startups?
How to do effective payroll management in startups?

[vc_row][vc_column][vc_column_text]In the present day system, startups are an essential part and parcel of the economic system, and eventually, Payroll has a vital role to play. There is a lot of Payroll Outsourcing Companies in India, and startups generally look towards these companies for an effective payroll management system. As the employee count grows, it becomes more critical for…

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Reducing your Workload with Third-Party Compliance Management
Reducing your Workload with Third-Party Compliance Management

[vc_row][vc_column][vc_column_text]Compliance Management Compliance Management refers to managerial practices where all dealings and activities are monitored carefully by companies and organizations. This is done to ensure that they meet a set of requirements, codes, or standards. Failure to meet those imposed standards is called compliance failure. Compliance failure can result in severe damage to the company’s…

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Payroll Strategies for the Year Ahead
Payroll Strategies for the Year Ahead

[vc_row][vc_column][vc_column_text]According to the Willis Towers Watson Survey that conducted in 2019, salaries in India are projected to rise by 10% in the year 2020, and sectors like manufacturing, chemical, tech, and pharma are expecting salary increases by 10%. Sectors such as energy, financial services, and consumer products will see the highest year-on-year growth. Given that…

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Third-Party Payroll in 2020- Less Stress, More Efficiency
Third-Party Payroll in 2020- Less Stress, More Efficiency

[vc_row][vc_column][vc_column_text]2020 is finally here, and with it come a whole new set of challenges for organizations in terms of finding and retaining the right talent. Workplaces are continually evolving to keep with the times and the ever-changing needs of the marketplace. With Glassdoor’s chief economist Andrew Chamberlain declaring that employees would be organizations’ sole focus…

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What is the importance of having an HRMS?
What is the importance of having an HRMS?

[vc_row][vc_column][vc_column_text] HRMS is an integrated system providing information that is used by the HR department in various strategic decision making. These days’ majority of the corporates have an HRMS portal. It is an important tool by which any company can keep track of all its employees and information about them. The company may choose to store…

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How to Simplify Your Organization’s Payroll Process?
How to Simplify Your Organization’s Payroll Process?

[vc_row][vc_column][vc_column_text] This blog focusses on various ways to simplify the payroll management system in your organization. Payroll processing is an ever-changing process and a complicated one too. Payroll process, in reality, is a very complicated process, and it generally refers to the administration of employee’s financial records, including salaries, wages, bonuses, deductions, and net pay. Payroll processing…

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A Primer to Payroll Taxes
A Primer to Payroll Taxes

[vc_row][vc_column][vc_column_text] Payroll Taxes are taxes that are deducted from an employee’s salary by an employer. Payroll taxes are usually a small percentage that is deducted from an employee’s salary. These taxes are used for various purposes and to cover programs such as medical insurance and social security for employees. This is done when employers deduct…

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How staffing industry in India grown over the past five years
How staffing industry in India grown over the past five years?

[vc_row][vc_column][vc_column_text] The staffing industry in India has grown to an extraordinary level, especially in the area of a third-party payroll service provider. Staffing in India has shown much activity with the growth of business and commerce. Temporary staffing has shown remarkable growth over the last few years. In simple words, the staffing industry is all poised to…

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