[vc_row][vc_column][vc_column_text]The HR outsourcing industry is an ever-evolving field, constantly adapting newer practices and technologies to keep up with the needs, demands, and fluctuations in the market. 2020 is here, and organizations are rushing to adopt more new policies and trends that could become major catalysts for their growth in the months to come. HR trends…
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[vc_row][vc_column][vc_column_text]Payroll outsourcing has become a practice that most companies are beginning to follow to handle the demands of extremely competitive marketplaces. Some of the reasons why you should consider switching to payroll outsourcing. Time – Outsourcing to HR payroll services takes considerably less time to process the payroll of an organization than if the entire process was carried…
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[vc_row][vc_column][vc_column_text]Technology is having a major impact on many aspects of the industry verticals and so also on the recruitment process, which has undergone a sea change with the advent of the latest technology in HR. Today almost everything has changed as compared to the time some 20-30 years back. Workplaces have undergone a sea change…
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[vc_row][vc_column][vc_column_text]Textiles is a very major industrial sector in the Indian Economic arena. As a vast industry with a large workforce, it is natural to have HR challenges, some of which may be critical. Indian Textile industry employs the highest number of people after agriculture. It contributes 14 percent to industrial production. Overcoming the HR challenges…
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[vc_row][vc_column][vc_column_text]These days most of the businesses in India find it comfortable in outsourcing payroll processing services to different third-party vendors. Let’s consider some of the important things in choosing the best payroll company. As the economy in India grows to new heights, and business gets more and more organized, the need for payroll outsourcing takes a front…
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[vc_row][vc_column][vc_column_text]2020 is here, and the banking and insurance industry will be looking at effectively tackling challenges during the year. As marketplaces are becoming more competitive, here are some of the key challenges that HR professionals in the banking and insurance sector will be facing in the coming year. Read more:(HR and the Banking Industry in…
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[vc_row][vc_column][vc_column_text]The union budget was presented on the 1st of February 2020 by the finance minister Nirmala Sitharaman. According to several prominent economists, Sitharaman’s budget focuses on long-term growth economists. Another key highlight is that the government has introduced an optional income tax regime with lower tax rates. The New Optional Tax Regime One of the…
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[vc_row][vc_column][vc_column_text]In this age of automation, every aspect of the corporate world is getting affected, and so is the function of HR. AI is being used to automate HR services, and it is creating positive effects on the HR industry. Though it is not going to replace humans, still let us consider some of the major effects of…
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[vc_row][vc_column][vc_column_text]Tax is an essential exercise in any nation. The wealth collected from taxation is used in activities that enhance the interests of a nation such as defense, social welfare programs, infrastructure, and so on. India is no exception to this rule, with the income tax department having been formed in the year 1860. Taxation applies…
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[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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