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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Why Compliance is the Most Important Part of Business Today?
Business compliance is all about how a company obeys all the essential laws and regulations. It refers to how a company manages its business and its staff and how it treats the consumers. HR compliance is adhering to the working…
How Risk is Non –compliance to your Business
Compliance is a safety net for any organization. The practice of adhering to rules and regulations, and standards that have been set forth by governing bodies is called compliance. Staying compliant with standards and codes however is no easy task.…
How to Mitigate Compliance Risk Factors
In today’s business world of cut throat competition, it is very required from the corporates that they follow certain principles that will help them to mitigate the compliance risks. Compliance is defined as the outcome for adhering to the Government…
Implementing Statutory Compliance in 5 Easy Steps
Statutory compliance refers to an organization’s adherence to laws passed by a local, state, or central government. The practices taken up by employees to adhere to these regulations and codes and the management of those practices by higher-ups is called…
Why HR Compliance is more Important for SME’s
After a break in business activities due to Covid -19, the businesses are finally trying to get back on their feet. In the changed situation, there has been a lot of paradigm shift in the way to do business. HR…
How Statutory Compliance can Contribute to an Exponential Growth of the Business
It goes without saying that employees and people are what drive organizations forward. The growth and performance of an organization is entirely dependent on the performance and well-being of its employees. The CoVID-19 pandemic, however, disrupted businesses and the way…
What Is Shop & Establishment Compliance, and Why Is It Important?
Introduction Business owners involved with any commercial establishments such as shops, restaurants, recreation facilities, and hotels, among others, need to register mandatorily and apply for a shop and establishment license. Falling under the department of labor and controlled by the state government, the shops and establishments Act applies to all premises where services are offered to customers. Offices, warehouses, stores, and various other commercial premises are required to comply with…
The Contract Labour Act Explained
The backbone of any organization is its employees. It becomes the responsibility of the organization to ensure that the rights, interests, and welfare of its employees are taken care of, thus ensuring labour compliance. The COVID-19 pandemic saw an unprecedented rise in contract workers across multiple sectors. According to a report titled ‘Decoding by Jobs-2021’, by recruitment business company Tagged, along with the Confederation of Indian Industry and Sunstone Eduversity,…
Automobile Sector compliance in India
Despite prevailing pandemic conditions, the Indian automobile industry in 2021 will soon see some positive growth in the coming years. A report by McKinsey has stated that the sector is expected to generate 65 million jobs by the year 2026. The automobile sector is an intense and challenging one. The quality of its output depends entirely on the performance of workers and employees who are the backbone of this sector.…
Avoiding Compliance Penalties During the CoVID-19 Pandemic
Staying compliant during a pandemic can be a daunting task for organizations and even more so for managers. They have to handle logistics and other business activities remotely and continue to stay compliant with their practices and ethics during this difficult time. Handling statutory compliance is something organizations will have to deal with even during stressful times like these to ensure that all business is conducted ethically and the well-being of…
Ensuring Compliance in Small Businesses in 5 Simple Steps
Small businesses in India have a multitude of challenges to overcome. Given the current pandemic scenario in the nation, it becomes that much more complicated to handle employees and stays compliant. Handling statutory Compliance for an organization and its employees can become a challenge for any small business owner. However, while setting up a small business, certain practices can ensure that these businesses can stay compliant: Making Compliance Accessible To ensure…
Why Compliance is the Most Important Part of Business Today?
Business compliance is all about how a company obeys all the essential laws and regulations. It refers to how a company manages its business and its staff and how it treats the consumers. HR compliance is adhering to the working standards set by governmental agencies and other authorities. Labour Law compliance is a crucial factor that influences employees. Why is HR Compliance Significant for Businesses? Several business organizations might find…
