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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How to Mitigate Compliance Risk Factors
[vc_row][vc_column][vc_column_text]In today’s business world of cut throat competition, it is very required from the corporates that they follow certain principles that will help them to mitigate the compliance risks. Compliance is defined as the outcome for adhering to the Government…
Implementing Statutory Compliance in 5 Easy Steps
[vc_row][vc_column][vc_column_text]Statutory compliance refers to an organization’s adherence to laws passed by a local, state, or central government. The practices taken up by employees to adhere to these regulations and codes and the management of those practices by higher-ups is called…
HR Management System – Improving the Quality of Logistics Services
[vc_row][vc_column][vc_column_text]Logistics involves the process of managing how resources are acquired, stored, and transported to a given destination. Logistics also involves processes such as transportation, inventory, packaging, supplies and sometimes, social security and warehousing. Managing various key components can be taxing…
Why payroll Outsourcing Service is Great for your Business
[vc_row][vc_column][vc_column_text]No Doubt, that payroll function is a very major and strategic part of any business as it has a very deep and intricate relationship with an employee’s welfare. Payroll requires special knowledge and expertise, and precisely for this reason, most…
7 Ways Outsourcing Payroll Can Help Small Businesses
[vc_row][vc_column][vc_column_text] India’s small and medium business sector has given rise to 21 start-ups valued at 1 billion USD, according to the Hurun global unicorn list. India thrives on the back of its small and medium business sectors. The global CoVID-19…
Why HR Compliance is more Important for SME’s
[vc_row][vc_column][vc_column_text]After a break in business activities due to Covid -19, the businesses are finally trying to get back on their feet. In the changed situation, there has been a lot of paradigm shift in the way to do business. HR…
Why Compliance is the Most Important Part of Business Today?
[vc_row][vc_column][vc_column_text]Description Business compliance is all about how a company obeys all the essential laws and regulations. It refers to how a company manages its business and its staff and how it treats the consumers. HR compliance is adhering to the working standards set by governmental agencies and other authorities. Labour Law compliance is a crucial factor that influences employees. Why is HR Compliance Significant for Businesses? Several business organizations might…
Different Functions of Payroll Management
[vc_row][vc_column][vc_column_text]Regardless of the size or type of business, any organization must pay due attention to its Payroll Management Process, which is crucial in several ways. An accurate payroll management process helps to maintain the employees’ morale and the company’s financial stability. Payroll plays a significant role in elevating employees’ experience and encourages them to be loyal and perform better to achieve their progress and the company’s. Businesses need to have…
What to Know While Processing Year-End Payroll
[vc_row][vc_column][vc_column_text]At the end of a busy financial year, HR managers have to contend with numerous tasks. One of the ins, ensuring that payroll processing is handled accurately and effectively. The payroll management process however, is far from easy. However, there are effective practices that managers can follow that can ensure that they stay on top of things at the end of the year. Ensure that Employee Documents Are Up-To Date A key…
How Risk is Non –compliance to your Business
[vc_row][vc_column][vc_column_text]Compliance is a safety net for any organization. The practice of adhering to rules and regulations, and standards that have been set forth by governing bodies is called compliance. Staying compliant with standards and codes however is no easy task. It is an ongoing continuous process that has to be constantly revisited and reassessed periodically. Compliance is of 3 basic types: Regulatory Compliance: Compliance with rules that have been set by…
Get to know the legal requirement for starting a Business
[vc_row][vc_column][vc_column_text]Starting a business can be challenging and intimidating for new investors and heads. Ensuring that all mechanisms are in place by the time work gets underway is an essential task that upper management must take care of. In order to ensure that a business runs smoothly, statutory compliance and other tasks must be fulfilled. Structuring a company Structuring a company is the first and foremost task that must be attended to. Structuring…
Overcoming Obstacles in Payroll Processing
[vc_row][vc_column][vc_column_text]Processing a company’s payroll is a time-consuming task with little room for error. It encompasses tasks that range from employee documentation and maintenance to taxation and time and attendance. Organizations can look at payroll outsourcing to improve the efficiency of their business. Organizations may look to expand the scope and scale of their operations and business and with it come major challenges. Handling the logistics of expanding an organization’s operations is a…