Blog
TalentPro’s Human Resources blog is a knowledge portal where we discuss the latest and best practices related to the Human Resources Industry. The portal educates the reader in various areas of interest such as Payroll, Compliances, Staffing, Human Resource Management Services (HRMS), Recruiting, etc.
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What is Unified Pension Scheme (UPS)?Eligibility, Benefits & Returns
Unified Pension Scheme (UPS): Eligibility, Benefits & Returns The Central Government introduced the Unified Pension Scheme (UPS) on August 24, 2024. Set to be implemented from April 1, 2025, the UPS is expected to benefit 2.3 million Central Government employees.…
Comprehensive Guide to Statutory Compliance in India : Essential Regulations for Businesses
List of Statutory Compliance in India Statutory compliance refers to the legal framework that organizations must adhere to while dealing with their employees. In India, these laws are established by various acts and cover a wide range of areas including…
The future of work : How staffing solutions companies are reshaping the job market
The job market is undergoing a significant transformation, driven by rapid advancements in technology, shifting economic landscapes, and evolving workforce expectations. At the forefront of this transformation are staffing solutions companies, which are playing a pivotal role in reshaping how…
Understanding statutory compliance in Indian business functions
In India, all business functions, including payroll, are governed by a set of guidelines collectively referred to as statutory compliance. Any business actively engaged in payroll operations is likely familiar with this term. Ensuring payroll compliance involves substantial resources, energy,…
Essential guide to HR compliance in India: Laws, challenges, and solutions
Navigating the intricate landscape of HR compliance in India is crucial for every organization. Ensuring adherence to labour laws, workplace safety regulations, and fair employment practices is not only a legal requirement but also essential for fostering a positive work…
Navigating legal compliance: A guide to business practices in India
Running a successful business involves several critical considerations, and maintaining legal compliance should be at the top of your priority list. Legal compliance in India entails a significant amount of paperwork and procedures, making it essential to have a…
EPFO 3.0 coming soon? Flexible savings, ATM PF withdrawals in the pipeline
The central government, following the announcement of PAN 2.0, is now gearing up to introduce EPFO 3.0, an upgraded plan with enhanced features for subscribers. As per an exclusive report, the Employees’ Provident Fund Organisation (EPFO) is considering removing the 12% cap on employee contributions to the Provident Fund (PF). This change would allow subscribers to contribute based on their savings preferences. Additionally, plans are underway to enable direct PF…
HR best practices for business success 2025
Is it time to revive your HR efforts? Don’t start from scratch when you can follow proven HR best practices. Every organization’s HR department tailor’s programs best fit their own needs. Even with those adjustments, there remain certain core HR best practices to use as guideposts for effective policies and engaged employees. Below, we have put together a guide to the best HR policies and practices to keep at the forefront while…
Campus to Corporate training: From classroom to career
From campus to corporate life is a journey filled with growth, self-discovery, and chances to shape a fulfilling career. Yes, it all begins with change of place from study place to workplace, followed by a change of routine, as professional routine is relatively more demanding in different ways. What is Campus to Corporate training? Campus to Corporate training is a soft skills program which helps students transition smoothly into corporate life. This session helps…
From Skills to Success: Why investing in Training and Development matters
We’ve all heard the saying, “employees are a company’s greatest asset.” If that’s truly the case, then it only makes sense to prioritize their well-being and development. Preserving your assets is important, but enhancing the employee value is even better. The same applies to employees in your organization—by investing in them, you can simulate growth in various areas such as cash flow, productivity, and product quality. Employee training might just…
From Sourcing to Onboarding: Mastering the Full-Cycle 360-Degree Recruitment
The recruitment industry is grappling with a persistent talent storage. Finding the talent people and retaining them for the long term has become a significant challenge. Traditional recruitment practices, often intuition based and reactive, have contributed to this problem. These methods frequently lead to hiring mismatches and unconscious biases. To address these issues,360-degree recruitment or Full cycle recruitment is essential; These comprehensive approaches to hiring focuses on skill- based…
What is Accrued Payroll? Components and Calculations
Accrued payroll is a major accounting concept that enables a company to properly account for the obligation it has incurred with its employees. This ensures the correct accounting of employee’s wages and benefits within the incurred period, even if the actual payment occurs in a subsequent period. In this regard, an understanding of accrued payroll is very important in ensuring proper maintenance of financial statements and adherence to accounting standards. …
