Payroll processing is an important function for any business and has to be executed without any errors. It has the potential to take away a hell of a lot of time of those responsible for HR and finance functions of both small and medium companies in India on a monthly basis. Even now many companies process payrolls manually. This makes it a laborious and error-prone...
Read MoreAll employees in an organization are not equal and cannot be expected to be wonderful performers. For various reasons, even the great performers become slack at times. However, low employee productivity does not augur well for businesses. Now, the question is what managers can do about it. It is not possible to take a one-solution-for-all approach when dealing with poor performers because people are different and...
Read MoreEvery company wants to Increase Productivity, Reduce Costs, Leverage Time & Resources, and Minimize Risk & Decrease Infrastructure Investment - Software solutions can help solve the problem. Every growing company think of creative ideas to enhance the efficiency of the system and may also face many hurdles in achieving the same. A big one is the burden of managing payroll and staying compliant with ever-changing tax...
Read MoreAccording to HR experts, salary or pay is not the top criterion that predicts workplace satisfaction. It is the company culture. The values of an organization, leadership quality of senior emloyees, and career opportunities within the company, in that order, also impact workplace satisfaction. In fact, there has been a tremendous increase in the significance of culture over the past few years as by a...
Read MoreImagine a car that has been engineered by a famous German engineer and has all these beautiful parts that make it the car fanatics drool on. But is there a point to that car if it is only a metal body? That’s exactly what an organization is without its employees. And after you have put in so many efforts to find the right candidate for...
Read MoreThough we are aware of the term HRA or the House Rent Allowance; it is the amount paid by employers to their employees as part of the salary. But not many of us know that the employees staying in rented accommodation can very well claim it to lower their taxes. Adding to the irony, this lot is still confused with respect to the exemptions and...
Read MoreAre you running a start up? If yes, then you've a bigger question. Are you running a successful start up? Running a successful start up is definitely not everybody's cup of tea! With almost 80% start ups failing within 1 year of its inception, it's quite challenging to run a start up successfully! One of the major reasons behind failure of start ups is poor...
Read MoreAlthough leave and absenteeism are crucial aspects of payroll, most of the businesses do not provide them with the attention that they deserve. Often, these are overlooked even by large organisations as they're busy running behind profits and growth of the organisation. Some Businesses do not even keep a track of their employees' attendance which could land them into various troubles. It is only recently...
Read MoreAre you planning to save your hard earned money and enjoy life after your retirement? Want to avail the benefits launched by the government? If yes, then prime minister Mr. Narendra Modi’s government scheme - Atal Pension Yojana (APY), is a considerable option. With APY an individual can invest Rs. 210 per month for 42 years and in return get Rs. 60,000; Or invest Rs....
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About Payroll Outsourcing Payroll management has substantial value for many companies. Managing a company’s payroll process is known to be stressful, even for experts. One of the things that they usually do is to outsource and manage their payroll. Outsourcing to a reliable and professional payroll outsourcing company in India would be a great advantage. It allows companies to remain focused on their business affairs &...
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