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

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

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 in the year ahead, the race is on for employers to find, manage, and retain…

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How to Simplify Your Organization’s Payroll Process?

How to Simplify Your Organization’s Payroll Process?

  This blog focusses on various ways to simplify the payroll management in hr  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 is, of course, a very time-consuming process. As such, the Indian…

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Revolutionizing Payroll Through Artificial Intelligence

Revolutionizing Payroll Through Artificial Intelligence

AI or artificial intelligence is slowly catching on as a viable means of streamlining key HR processes. Using AI could help managers and organizations take key decisions in lesser time periods by providing real-time information and analysis. This extends to all components of HR, such as payroll, recruitment solutions, and talent acquisition as well. According to the Mercer Global Talent Trend Report, 2019, 88% of companies globally are reliant on…

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Payroll Structures in India: All you need to know

Payroll structure is the details of the salary that have been offered in terms of the breakup of different components constituting the compensation. Knowledge of the components is very crucial to the employee as he gets an idea about how much goes into forced savings and what kind of tax exemptions to claim. Components of Pay Structure in India Basic Salary It is the base income of an employee, comprising of…

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Payroll Fraud: Prevention is Better Than the Cure

Payroll Fraud: Prevention is Better Than the Cure

Payroll processing services play a significant role in the running of any organization. The overseeing of processes that are involved in the payment of wages to employees is one of the HR department or manager’s chief objectives. Of course, when it comes to payroll, it encompasses various elements. Some of these include: Tax computation and deduction Benefit awards Gross wage estimate and award Employee record upkeep. In most cases, organizations…

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Is your Payroll Statutory Compliant?

Is your Payroll Statutory Compliant?

This Blog deals with the subject matter, whether the payroll system that you are using is statutory compliant or not? It is very must for the companies to use a statutory compliant payroll system. What is Statutory Compliance in HR means? Statutory compliance in HR, refers to the legal framework within which the organizations must operate. Every country has many laws to which the companies must adhere to. A lot…

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