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.
Blog categories
DATA SECURITY AT WORK PLACE – Safety, Security & Privacy
What is Data Security? How to Keep your Data Safe & Secure There are millions of security risks everywhere. From every single decision we make, or do not make, we intake and exude an enormous amount of data. It might…
The Payroll Setup Checklist: Everything You Need to Know to Get Started
What is a Payroll? It’s a list of the employees working for your company and the money you pay to them as salary. Payroll Outsourcing Services actually makes it easier for you to manage the payroll, deal with statutory compliance,…
Challenges for tech startups in Payroll Processing Services
What are some of the challenges for tech startups in Payroll Processing Services? As easy as it is, to begin a company; there are endless limitations and cons associated with such startups. To start a company altogether randomly, without realizing…
Core components of payroll processing in India
[vc_row][vc_column][vc_column_text] The monthly salary and wages disbursement have several key components structured together in every payroll. Within and between gross and net salary, there are several ‘components’ that make a salary package. These are essential for the employers and employees…
Trends In Payroll Processing That Will Change An Organizations’ Working Pattern
One of famous questions that often arises among working class is “What is Payroll?”. Payroll is a very important task of any business and insists an understanding of current regulations, detailed tax knowledge to ensure proper withholding and filing, and…
Need and Importance Of Statutory Compliance
At the cusp of industry 4.0, businesses are often at the crossroads of digitization, change management and automation initiatives. Enterprises of all sizes are expanding their business territory thereby creating challenging supply chain networks. Along with this growth, statutory compliance…
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 can bring under its umbrella all the levels of employees like topmost employees, senior employees, mid-level employees, junior employees, non-executive cadre, full-time employees, part-time employees, contract staff, etc. As per…
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 business, companies are required to meet statutory compliance requirements. There are various laws and acts that a business needs to follow. Failure to comply with the regulations may lead to…
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 whose plant, machinery, equipment, assets etc does not exceed 5 crore rupees Small scale – businesses whose plant, machinery, equipment, assets etc does not exceed 2 crore rupees Medium scale…
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 internal and external governance. Corporate Compliance is not only compulsory but also ensures that an organization is protected and safe. It is also very safe to say that non-compliance affects…
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 function in-house. Many firms have outsourced their payroll functions to external third-party payroll service providers, as this enabled them to focus on their core competencies Common Payroll Errors: Late tax…
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 business or organization. Many organizations and businesses have outsourced their secondary or support work to external vendors, as this enabled them to focus on their primary or main area of…
