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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10 Innovative Hiring Strategies for 2020
Today’s world markets are in a constant state of flux. There is a frantic struggle to keep up with developments across various fields and markets. Aspects such as government policies, trade, international all impact how markets constantly evolve, which in…
Remote Workforces – The Next Big Thing
Cutthroat competitiveness has become stable across markets and workplaces globally. Employers and investors must consistently keep abreast of the competition by turning to innovative strategies that give them an edge. Organizations are attempting to get the best out of their…
Switching Jobs in the middle of the Financial Year? Here’s How to Deal with Multiple Form 16s
These days’ professionals often tend to switch their jobs as if they get better paymasters. Form 16s is one of the most critical documents for filing income tax return at the end of a financial year. This form contains a…
Payroll Statutory Compliance – The Factors that Drive It
[vc_row][vc_column][vc_column_text] Payroll is a process central to any organization. It directly affects how an organization does business, how it treats its employees, its growth, and several other ways. Payroll may refer to not just the list of employees and their…
The Compliance Calendar: A Guide to Crucial Dates for HR Managers
The new year is fast approaching, and with it come afresh set of tasks and challenges. Below are some important dates to be taken note. These dates are as per Labour Compliance in India and are consistent across all companies.…
What is the penalty for not paying payroll taxes?
[vc_row][vc_column][vc_column_text] TAX bills are bad enough, but worse are the penalties involved with the non-payment of the same. There may be many reasons for the penalty to be levied, but the chief reason is either failure to pay the amount…
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 such as medical insurance and social security for employees. This is done when employers deduct those amounts and send them to appropriate government agencies. This is how employees look out…
How staffing industry in India grown over the past five years?
[vc_row][vc_column][vc_column_text] The staffing industry in India has grown to an extraordinary level, especially in the area of a third-party payroll service provider. Staffing in India has shown much activity with the growth of business and commerce. Temporary staffing has shown remarkable growth over the last few years. In simple words, the staffing industry is all poised to make a giant leap in the coming years. Over the past five years, the industry…
Salary Trends in india
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The Rise of Flexi Staffing – Tomorrow’s Workforce
Flexi staffing refers to the situation where organizations hire employees temporarily, either for a fixed period or until the completion of a task. These employees can be from staffing agencies or referrals on a contract basis. Flexi staffing is becoming increasingly popular among workplaces to complete short-term projects and goals effectively. Flexi staffing also helps organizations who might require a lot of workforce during a specific period. Temporary employees who are sent…
The Company Law Act Amendment- How it Affects Corporate India
Organizations and companies in a nation or society are subject to scrutiny as well. When organizations or companies are held accountable for their actions according to a set of regulations, it is called compliance. It refers to an organization adhering to a set of laws and rules that governs how it does business. Statutory Compliance takes care of how an organization treats its staff, the payment of wages, and the…
Revolutionizing Payroll Through Artificial Intelligence
[vc_row][vc_column][vc_column_text] 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, and talent acquisition as well. According to the Mercer Global Talent Trend Report, 2019, 88% of companies globally are reliant on…