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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The Key Roles and Responsibilities of a Payroll Administrator
[vc_row][vc_column][vc_column_text]Payroll administration is a crucial process that falls under the HR domain of any business organization. Payroll services help modern businesses and entrepreneurs to ensure timely and accurate payment of salaries and other benefits to their employees. Payroll administration covers critical activities…
The Role of Third-Party Payroll Management in Resolving Business Obstacles!
[vc_row][vc_column][vc_column_text]Intro Running a business has always been filled with challenges and obstacles. No thoroughfare takes you along a smooth, dream ride in business. It is not by trying to eliminate the practical challenges and obstacles; rather, standing up to them…
Recruitment vs. Talent Acquisition: Know the Difference!
[vc_row][vc_column][vc_column_text]Intro The constant evolution of modern business and the shifting business paradigms necessitate a clear understanding of the recruitment process and the need for effective talent acquisition. While the recruitment process helps business organizations to fill the necessary profiles, talent acquisition focuses…
HR Policies: Best Practices For Start-Ups In India
[vc_row][vc_column][vc_column_text]Start-ups are naturally ridden with myriad concerns associated with growing, stabilizing, and expanding their businesses. In the constant rush toward meeting these primary objectives, they often do not have sufficient time or resources to establish HR-related solid standards and strategies…
Staffing Trends for the FMCG Sector: All You Need to Know
[vc_row][vc_column][vc_column_text]The onset of the CoVID pandemic heavily impacted the fast-moving consumer goods sector. However, the Financial Express reports that there will be growth in 2021 and beyond, driven by the FMCG sector. Given that the sector is poised for growth,…
Everything you need to know: The Maternity Benefit Act,1961
[vc_row][vc_column][vc_column_text]Organizations conduct their business activities within an extremely competitive marketplace and operate and carry out their activities within a pre-defined framework. Adherence to that framework is statutory compliance. Organizations also have a responsibility to ensure that the safety and well-being of…
Strategic Staffing – Staffing Made Easy for a New Age Marketplace
[vc_row][vc_column][vc_column_text]Organizations globally have had to rethink hiring and staffing strategies in the wake of the global pandemic and the subsequent relaxation of restrictions. India’s staffing service industry saw a 3.6% growth in the fiscal year 2020-2021, which was driven by a recovery in the fourth quarter of the year 2020. According to data from the Indian Staffing Federation, workers were assisted by the flexi-employment market trends post the pandemic. The report noted…
Impact of the Pandemic on Regulatory Compliance
[vc_row][vc_column][vc_column_text]Intro It is a universally known fact that the pandemic has touched the lives of almost everyone in the contemporary world. With time, the impact of COVID-19 on individuals, businesses, and global markets has been growing and becoming clearer. Compliance Management is one of the myriad realms that have felt the pinch. Subjecting companies and business enterprises to unusual and unknown risks, the pandemic has necessitated the groundwork for new challenges. Influence…
Managing your Contract Employee Workforce Made Easy
[vc_row][vc_column][vc_column_text]Intro The global economy has been making a smart comeback after the long lull caused by the pandemic. To quickly ramp up production while treading cautiously, business owners and managers are relying on contract workers. This allows them to remain flexible amidst the improving situation without heavy risk investments in human capital. Contract employment is touted to be a crucial contributor to the economy that is galloping back. Read more:…
Payroll Audits – Strengthening Your Payroll Process
[vc_row][vc_column][vc_column_text]The payroll process is an integral part of an organization’s activities. It involves more than simply keeping track of a list of employees and their wages. It involves processes like tracking leave and attendance, allocation of benefits and rewards, and insurance. Other methods involve record maintenance and documentation and, in some cases, analytics. Payroll is not merely limited to just these processes but also that of compliance. Taxation in the form of…
All That You Need to Know About the Apprenticeship Act and its Eligibility
[vc_row][vc_column][vc_column_text]Apprenticeship programs are an excellent way for prospective employees to learn special skills skill that organizations may require. It is also easier for employers to identify talent and prospective employees for very specific needs. To ensure that apprentices are not exploited and that labour law compliance is followed, the Apprentices Act of 1961 was enforced and amended twice in 1973 and 1986. The pandemic affected organizations, who, despite the surge in economic…
Migrating Your Payroll – All You Need to Know
[vc_row][vc_column][vc_column_text]The word payroll has come to mean more than just the list of employees in an organization and the payment of their employees. Today, the word is associated with many tasks, including the calculation, recording, and eventual automation of employee salaries, bonuses, incentives, benefits, taxation, and attendance processing. This also includes employees who might be both full-time and employees who may be part of contract staffing arrangements. Statistics by the IMARC group…
