ITR filing is perhaps one of the most fundamental activities in one’s life now, especially if he/she is a well-placed professional or a businessman. Let’s look at the benefits of filing returns. Saves from prosecution The most significant advantage of income tax return filing is that it helps you to avoid some severe punishment.…
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Human Resource Management system is the most comprehensive and involved HR solution. It includes all the features of HRIS and HCM systems. This is used widely in all corporate sectors. Let us have a look at some of the critical features of both HRMS and Personnel Management. HRMS – In simple terms, it is a combination…
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What is CSR (Corporate Social Responsibility)? Any industry or business changes environments, societies, or communities. They provide livelihoods, raise living standards, and contribute to the GDP of a nation. Corporate Social Responsibility (CSR) is an initiative or a model where organizations become socially accountable. These are initiatives focused on improving the state of society. CSR…
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Why outsourcing is Important? HR is the backbone of any organization. It lends structure and support and manages an organization’s most valuable asset: the people. But there are instances where specific vital processes can be and are outsourced. For instance, startups may look to outsource certain key processes due to cost-cutting and the time and…
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HR is a very strategic department in any organization. Legal compliance has a considerable role to play in the functioning of HR. Every HR professional must be aware of the legal modules under which he has to function. Violating Legal compliance may attract punishment for the organization from the government. As one goes up the…
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CLRA Compliance: CLRA compliance stands for the Contract Labour Regulation Act and Abolition act. It was passed in 1970 to raise the standard of working conditions and prevent exploitation of employees. The CLRA Actapplies to establishments or organizations that employ twenty or more people. These people must be employed on any day of the last twelve…
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IT STAFFING: IT is a highly competitive field and even large organizations must play catch-up at times. Technology is a major component in a business’ success and there will always be a need for a skilled workforce. In cases like these outsourcing IT staffing is the way to go. How IT staffing is usually carried…
Read articleA good Automated performance management system is very must for any business to grow and succeed. In today’s world, businesses are fast-paced and move quickly with their strategies and goals. The performance system being followed in a company should be agile enough to adapt quickly to the changing business priorities and should be able to…
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