Payroll and its components

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An inevitable aspect of HR, which often gets overlooked, or worse, tossed over is the payroll. Perhaps one of the most important details that fall under the job of an HR professional and/or their employee is the payroll, but unfortunately, there is a lot of blank gaps with respect to how the salary structures and…

How A Payroll Systems Works

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When we consider systems, we always think of an application – offline or online. But, that is a narrow way of looking at things. Many systems, such as production systems, train systems etc incorporate a much broader set of activities and structures. In the case of a Payroll System, we are essentially looking at how…

The Need for Payroll Outsourcing

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The most common management mindset in India is to do everything in-house. This is a combination of culture and inexpensive labour. ‘I want a tight grip on my finance, and am certainly not going to get someone else to handle that’, is the most often heard thought process spoken aloud. This process is changing. Competition…

5 Important Reasons to Outsource Your Payroll Processing

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Payroll Processing is one of the key factors in a business. The ever changing aspect of modern business today has given rise to the specialized payroll outsourcing companies that take the responsibility away from the businesses, to make sure that they can focus solely on activities that will help them grow. Reasons to outsource your…

Payroll Processing Technologies from TalentPro

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Payroll processing technologies from TalentPro have always been well ahead of times. Their design and delivery empower managers, payroll administrators and employees to accomplish more on a daily basis. Payroll processing is a simple process of calculating the net salary from the gross income and deductibles. This gets complicated when it involves many thousands of…

Payroll 101: Things You Must Know – 2

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Payroll 101: Things You Must Know (Blog Post 1 # 4) This is a series of blog posts that will address the most important points related to managing payroll.  The second in this series will focus on “Understanding Payroll Management in India – Points to consider” The last 20 points from the law post. Understanding Payroll…

Payroll 101: Things You Must Know – 3

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This is a series of blog posts that will address the most important points related to managing payroll. The third in this series will focus on “Some intricacies of building a payroll system” – Points to consider” Some intricacies of building a payroll system The basic function of the payroll office is to provide and…