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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5 Key trends that are Transforming the IT staffing industry
New trends in the IT staffing industry are not a new thing. We find that every year new processes, tools and methodologies that are taking the IT staffing industry by storm. To stay relevant in this fiercer industry, you must…
Human Resource Management System (HRMS) – A Real X Factor
What Is HRMS? HRMS is a comprehensive IT-based tool that can effectively and efficiently manage all your Human Resource (HR) needs. An HRMS can handle all activities under Employee Recruitment, Employee Management, and Employee Development. This means that an HRMS…
Labour Law Compliance Checklist 2019
Labour Law compliance checklist is nothing but a set of standard terms or conditions of employment. It may refer to several regulatory compliances including minimum wages act, work men’s compensation act, contract labor act, factories act, etc. For carrying out…
Why Statutory Compliance Outsourcing is important for small businesses in India?
Manufacturing Organisations Service Organisations Micro scale – businesses whose plant, machinery, equipment, assets etc does not exceed 25 lakh rupees Micro scale – businesses whose plant, machinery, equipment, assets etc does not exceed 10 lakh rupees Small scale – businesses…
Top Corporate Compliance Issues in 2019: How to Keep your Company Safe
Corporate Compliance refers to the various rules, regulations and laws of an area, region or country that a company or business has to follow or comply with. These compliances are a combination of guidelines for a corporate for both; it’s…
Costly payroll mistakes that could ruin your business[Infographic]
Payroll is complex, time-consuming and highly detailed. Small business owners may choose to do payroll in-house for cost consumption. Payroll errors can easily damage a small firm. Small and medium businesses are finding it very difficult to manage their payroll…
Cost of a Bad Hire – It’s Huge than You Think
Recruiters and HR executives struggle to recruit the best candidates. An outstanding hire can progress productivity, increase office drive, and ultimately impact the company’s bottom line.
How do Human Resources work in Uber, Ola, and other Taxi firms?
Uber and Ola are online transportation network companies. Both these companies operate on a pan India basis, having a network in every major city in India. These companies develop markets and manage the Uber Mobile App, which allows the customer with a smartphone, to submit a trip request, which is then routed to Uber drivers, who use their cars. Fares are calculated according to a formula. Uber and Ola have…
10 Exciting New Tax And GST Offers In The New Financial Year
As we enter new Financial Year 2019-20, let’s have a look at the various changes under the Income-tax law and GST which shall be applicable from April 1, 2019. Income tax 1. Section 87A rebate The amount of tax rebate has been increased from Rs. 2,500 to Rs. 12,500. It is applicable for income not exceeding Rs. 5, 00,000. 2. E-deduction from salary The limit of standard deduction has been…
Top 15 Crucial Things Every Businessperson Should Complete Before The Financial Year End
In India, the financial year is from 1st of April to 31st of March every year. By the 31st of March, all the financial obligations like tax filing, returns, should be fulfilled. It is essential for those who are required to follow the mercantile system, to ascertain the transactions accrued up to 31st of March and to accurately record the same in the books of account. Employee payroll and abiding the legal compliance are…
Provident Fund – Supreme Court Latest Judgement – The Real Story
The Supreme Court has recently passed a landmark judgement on the Employee Provident Fund (EPF). This ‘Test of Universality’ judgement is bound to affect and impact the salaried class. Before we get into understanding how the Supreme Court judgement impacts the salaried class, here is a quick run through about Salary Break Up and Provident Fund. Salary Break Up An Employee’s salary is distributed under different heads. This is done…
Things that Motivate Employees More than Wages & Attractive Salaries – What Matters?
Money is not be all and end all Money is undoubtedly a huge factor in motivation but certainly can’t buy an employee’s loyalty towards his organization. If we are completely honest with ourselves, pay can only motivate us so much. Even if we earn a good salary figure but are working to the point of exhaustion in some dilapidated office, working with unfriendly and in professional people, and working with…
