What is a recruitment strategy? A recruitment strategy is a formal plan that details how recruiters identify and hire top talent. Recruiters should define the types of roles they’re hiring for, the formats for job advertisements and the criteria for determining top candidates. These basic starting points can help you recruit the job seekers you are looking for. They range from basic methods, like posting on job boards, to more…

An effective human resources department is essential for any company as it focuses on one of the most valuable assets a company can have—its employees. A poorly managed human resources department can lead to employee dissatisfaction and eventual failure, even for the best companies. In every industry, the role of the human resources department is akin to that of a department overseeing other crucial aspects of the company. Just as…

Labour law compliance refers to the process of ensuring that a business or organization adheres to all the relevant labour laws and regulations governing employment practices in a specific jurisdiction. These laws are put in place to protect the rights and interests of workers and to maintain fair and ethical working conditions. An end-to-end guide for labour law compliance would be quite comprehensive, as it would cover all the aspects…

Effective human resource management is crucial for any organization dealing with people, and this holds for the banking industry, which has always been and will always be a “People Business.” The nature of the banking industry, primarily service-based, amplifies the importance of human resource management, as managing people within the organization while handling financial and economic risks presents significant challenges. Only through efficient and skilled manpower can banks effectively manage…

The Labour Law Compliance Checklist is designed to be a short, practical guide on how to comply with the law. It can be used by individuals and organizations alike, whether they are small businesses or large multinational companies. The checklist is divided into three sections: A labour law compliance checklist typically includes a list of items that an organization should review to cover some of the most common items: It…

When processing payroll in India, there are certain procedures and processes to follow in order to ensure compliance. First, it is important to make sure all the information related to the payroll is accurate, such as salaries, deductions, benefits, and reimbursements. Additionally, make sure that the appropriate taxes and contributions are calculated, deducted, and remitted on time. It is also important to keep track of all payments and documents related…