Statutory compliance refers to the process where companies adhere to a set of requisite laws and regulations by the regulatory body or entity. Compliance is monitored either by a governmental agency or an independent concern within a particular sector. These entities oversee practices and policies that companies follow while conducting business. The initiatives taken by…
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Human resource management is a crucial part of all businesses. Be it sourcing, payroll management, or ensuring that local labor laws are complied with, HRM plays a vital role in companies. Thanks to Technology, as Automation has already taken over, the business will only increasingly automate old processes as time and technology move. Let’s see…
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According to a report by Beroe Inc, the global market share of payroll services is expected to grow at a steady CAGR of 4.4%. It was also reported that by the year 2022, payroll services are poised to become an 85.6 billion USD industry. The payroll outsourcing industry’s growth, it presents opportunities for entrepreneurial opportunities…
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The importance of staffing services has increased manifolds in today’s corporate world, given the cut-throat competition that is present in the market. It is a very strategic activity that depends on the success or failure of an organization to a vast extent. Staffing is an on-going process, and today there are lots of staffing agencies that provide…
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[vc_row][vc_column][vc_column_text]With the threat of the CoVID-19 virus still looming large over the world, businesses are taking measures to ensure that work carries on. However, in some locations, lockdowns have been lifted, and employees have been requested to report to work by their employers. One of the ways that HR managers have managers have managed to handle…
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Talent is perhaps the most important and crucial asset for any company, as without talent, there won’t be any business. Staffing Services have a great role in devising the talent strategy of any corporate body. For any business, it is a priority to develop, recruit, and retain the right people. According to a report by the…
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The CoVID-19 crisis has thrown businesses into disarray. Given that different locations have different regulations, HR managers have faced many challenges, including compliance. One of the ways HR managers have managed to deal with compliance-related issues is using HR compliance services. Seven state governments and the Central Government of India have invoked powers and provisions…
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Payroll is undoubtedly one of the very challenging and very strategic functions of the corporates. At times it can get tricky for those who are involved with providing payroll processes for multiple clients. The payroll management system involves lots of challenges, especially when it involves dealing with multiple clients. Massive Workload This is perhaps the greatest…
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As all businesses respond to the threat of the COVID-19, human resources management functions have essential roles to play. Let’s reassess the priorities of HR Leaders for the future.
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India has not been affected by the CoVID-19 crisis, and the subsequent lockdown would be nothing more than an understatement. Lives have been thrown into disarray. However, organizations have been proactive in finding ways to make sure their processes run as smoothly as possible. Organizations have still, to an extent, maintained the quality of their…
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