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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Should you Outsource HR or Keep it In-house – How to Decide?
The Human Resources (HR) department manages all employee related activities like new employee recruitment & Selection, payroll Management, employee management and employee development Outsourcing is engaging an external individual, agency or organization to run or manage a particular function or service within a…
Employee Engagement – Why is it Important?
What is Employee Engagement? Ensuring the employees are happy is a challenge many companies face. Over the years, the Human Resources have put tremendous focus on employee engagement. For any business to succeed, it is essential the employees are happy…
Payroll Outsourcing Services for Small Business – Why it is Crucial for Startups?
For the growth of every company, payroll management system. is highly crucial and an important step that sometimes goes forgotten. Read more to understand the importance of payroll management and the relation it has with small businesses. What Exactly Is…
Third Party Payroll Outsourcing – Why it is So Important to Consider?
Payroll is complicated, time-consuming and involves a varied range of responsibilities on daily basis. Small and Medium businesses find it very stressful to manage it all by themselves and thus are increasingly preferring a third party payroll service provider. This…
Payroll Outsourcing Cost – The Benefits of Payroll Services Pricing
Payroll Outsourcing for a business of any size is essential and saves you the hassle, money and time to handle the payroll yourself. Increasing number of businesses today are turning to Payroll service providers to ensure smooth handling of Payroll.…
Human Resources in ‘Gig Economy” – Temporary Employment
In a world swarming with over population, it is not surprising that companies and organisations find themselves full of employees. It is an absolute fact that employees form the root of any company, but for the company to grow strongly,…
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…
Payroll – Finance or HR – Whose job is it?
Payroll is the statement of salary payments to be made to employees of a company. It is a routine but one of the essential activities in an organisation, and if there is no Payroll, there is no salary. Many employed people may have experienced and know what it is like when the monthly salary is delayed. It is not at all a pleasant feeling. Payroll means money, but it is…
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 be familiar with the present trends and implement those latest technologies and changes. If you fail to move with time, you may lose out in the ultimate race and may…
