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 Pitfalls of Manual Payroll Processing

The Pitfalls of Manual Payroll Processing

[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]According to an online report, 25% of American organizations still rely on traditional paper and pencil methods when it comes to calculating and processing payroll. Payroll includes processes such as the maintenance of employee records and the calculation of…

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Data security – Major Concern in Outsourcing

Data security – Major Concern in Outsourcing

[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]The data security risk is a massive worry in today’s outsourcing arena. Almost all the companies are lining up to outsource their HR functions, let’s have a look at some of the concerns. With the advent of IT, outsourcing has…

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HR and Mobile Technology – The Future of HR

HR and Mobile Technology – The Future of HR

[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]Mobile Technologies and Business: Businesses are becoming increasingly competitive and must look at innovative strategies to stay ahead. One of them is the sudden reliance on smartphones and related mobile technologies. Given that India is the second-largest manufacturer of…

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Remote Workforces

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 employees as well as stay effective is using remote workplaces.  Remote Workplaces Remote workplaces refer to the concept where employees do not have to be in a physical office space…

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Switching Jobs

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 summary of taxes deducted by your employer and deposited against your PAN with the government. This form also includes a summary of the total amount that is actually paid by…

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Payroll Statutory Compliance – The Factors that Drive It

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 records but the task of managing them as well. Payroll processing is indeed a grueling task, one that has no margin for error. The consequences would be detrimental to the…

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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. TDS is tax deducted at the source; This means that employees whoa repaid a certain amount of money will have a small percentage of deducted as per managers can quickly…

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What is the penalty for not paying payroll taxes?

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 or not adhering to income tax return processing and filing. It can be also due to several retirement account inactions or non-possession of health insurance and not paying the full tax…

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SEZs and Labour Law Compliance: Protecting Worker Interests

SEZs and Labour Law Compliance: Protecting Worker Interests

Special economic zone (SEZs) are a direct consequence of the phenomenon of foreign direct investment (FDI). In simpler terms, SEZs are geographical areas within a country that have different laws and systems than other geographic regions. These zones are designated for trade and business and the overall economic development of surrounding areas. Some of the earliest, most successful SEZs are in China, with the most successful one in Shenzhen province.…

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