Start-ups are naturally ridden with myriad concerns associated with growing, stabilizing, and expanding their businesses. In the constant rush toward meeting these primary objectives, they often do not have sufficient time or resources to establish HR-related solid standards and strategies that are critical to business success and sustenance. Even if you have a strong HR…
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The onset of the CoVID pandemic heavily impacted the fast-moving consumer goods sector. However, the Financial Express reports that there will be growth in 2021 and beyond, driven by the FMCG sector. Given that the sector is poised for growth, innovators and organizations have taken to practices that have changed the way the sector does…
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Organizations conduct their business activities within an extremely competitive marketplace and operate and carry out their activities within a pre-defined framework. Adherence to that framework is statutory compliance. Organizations also have a responsibility to ensure that the safety and well-being of their employees are taken care of, given that they are crucial to any organization’s…
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Employee self-service is a part of modern payroll management solutions. It enables employees to get the answers to all their payroll-related queries promptly. Manually managing the questions and addressing the information demanded by employees might prove time and resource-consuming. Business-specific employee self-service offered by third-party payroll service providers significantly helps to take such burden off while ensuring the…
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According to LinkedIn, India’s Labour Market Update for June 2021 showed a steady uptick in hiring activity for April 2021, around the second wave of CoVID-19 cases in India. Since then, hiring activity has seen a steady increase when compared to the pre-Covid levels in 2019. Hiring processes have also undergone drastic changes with respect…
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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…
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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’,…
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Intro While it is general for business owners and corporate managers to retain essential business functions, outsourcing payroll has gained increasing popularity. Payroll management is a time-consuming, resource-demanding process that requires constant monitoring and the utmost care. With increasing compliance needs and the growing responsibilities associated with payroll management, outsourcing your payroll process to a…
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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…
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Intro Payroll management is a crucial aspect of any modern business; it could be time and resource-consuming. There’s no shortage of complexities in this critical and sensitive element that demands diligence and care. While error-free payroll management and compliance management appear to be daunting tasks for companies with insufficient manpower and skill, there are ways…
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