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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Reducing your Workload with Third-Party Compliance Management
[vc_row][vc_column][vc_column_text]Compliance Management Compliance Management refers to managerial practices where all dealings and activities are monitored carefully by companies and organizations. This is done to ensure that they meet a set of requirements, codes, or standards. Failure to meet those imposed…
Payroll Strategies for the Year Ahead
[vc_row][vc_column][vc_column_text]According to the Willis Towers Watson Survey that conducted in 2019, salaries in India are projected to rise by 10% in the year 2020, and sectors like manufacturing, chemical, tech, and pharma are expecting salary increases by 10%. Sectors such…
Third-Party Payroll in 2020- Less Stress, More Efficiency
[vc_row][vc_column][vc_column_text]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…
What is the importance of having an HRMS?
[vc_row][vc_column][vc_column_text] HRMS is an integrated system providing information that is used by the HR department in various strategic decision making. These days’ majority of the corporates have an HRMS portal. It is an important tool by which any company can keep…
How to Simplify Your Organization’s Payroll Process?
[vc_row][vc_column][vc_column_text] This blog focusses on various ways to simplify the payroll management 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…
A Primer to Payroll Taxes
[vc_row][vc_column][vc_column_text] Payroll Taxes are taxes that are deducted from an employee’s salary by an employer. Payroll taxes are usually a small percentage that is deducted from an employee’s salary. These taxes are used for various purposes and to cover programs…
The Future of HR Outsourcing in 2020 – What Insiders Say
[vc_row][vc_column][vc_column_text]The HR outsourcing industry is an ever-evolving field, constantly adapting newer practices and technologies to keep up with the needs, demands, and fluctuations in the market. 2020 is here, and organizations are rushing to adopt more new policies and trends that could become major catalysts for their growth in the months to come. HR trends govern the kinds of services that will be available to major organizations that will provide…
15 Reasons to Outsource Your Payroll
[vc_row][vc_column][vc_column_text]Payroll outsourcing has become a practice that most companies are beginning to follow to handle the demands of extremely competitive marketplaces. Some of the reasons why you should consider switching to payroll outsourcing. Time – Outsourcing to HR payroll services takes considerably less time to process the payroll of an organization than if the entire process was carried out in the house. This is of great benefit to organizations as they must hit…
Ways Technology can redefine recruitment in 2020
[vc_row][vc_column][vc_column_text]Technology is having a major impact on many aspects of the industry verticals and so also on the recruitment process, which has undergone a sea change with the advent of the latest technology in HR. Today almost everything has changed as compared to the time some 20-30 years back. Workplaces have undergone a sea change too, and mostly everyone has bid farewell to the age-old practices. These days, with the…
Critical HR Challenges in the Textile Industry
[vc_row][vc_column][vc_column_text]Textiles is a very major industrial sector in the Indian Economic arena. As a vast industry with a large workforce, it is natural to have HR challenges, some of which may be critical. Indian Textile industry employs the highest number of people after agriculture. It contributes 14 percent to industrial production. Overcoming the HR challenges is essential for the industry to succeed and survive. With growing globalization, the textile industry…
Things to be taken care of while choosing the best payroll outsourcing company in India?
[vc_row][vc_column][vc_column_text]These days most of the businesses in India find it comfortable in outsourcing payroll processing services to different third-party vendors. Let’s consider some of the important things in choosing the best payroll company. As the economy in India grows to new heights, and business gets more and more organized, the need for payroll outsourcing takes a front seat. A payroll management system is an essential component of any business activity. The process is tedious…
HR and the Banking Industry in 2020
[vc_row][vc_column][vc_column_text]2020 is here, and the banking and insurance industry will be looking at effectively tackling challenges during the year. As marketplaces are becoming more competitive, here are some of the key challenges that HR professionals in the banking and insurance sector will be facing in the coming year. Read more:(HR and the Banking Industry in 2023) 1. Managing Intellectual Capital Intellectual capital refers to all aspects that enhance the value…