While conducting business operations in any country, every employer ought to adhere to certain labor compliance requirements applicable there. In India, labor law is a concurrent subject in the Constitution of India. Therefore, both the Central and State Governments govern the employment regulations in India. Severance pay in India is one of the labor compliance…
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Full-cycle recruitment, or 360-degree recruitment, involves the entire hiring process, from sourcing candidates to onboarding. The recruitment industry is grappling with a persistent talent storage. Finding the talent people and retaining them for the long term has become a significant challenge. Traditional recruitment practices, often intuition based and reactive, have contributed to this problem. These…
Read article Full-cycle recruitment, or 360-degree recruitment, involves the entire hiring process, from sourcing candidates to onboarding. The recruitment industry is grappling with a persistent talent storage. Finding the talent people and retaining them for the long term has become a significant challenge. Traditional recruitment practices, often intuition based and reactive, have contributed to this problem. These…
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Contingent staffing refers to the practice of hiring temporary workers or contract employees on an as-needed basis, rather than employing them full-time as permanent workers. Contingent workers and contractors are essentially the same; both are brought in to fulfil specific roles or complete projects for a predetermined period, without the long-term commitment of traditional employment. In…
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Accrued payroll (also known as payroll accrual) refers to the total amount of salaries, wages, and other compensation that employees have earned during a pay period but have not yet been paid. Accrued payroll is a major accounting concept that enables a company to properly account for the obligation it has incurred with its employees. This…
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