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Parliament on Friday, July 30, 2019, passed the Wage Code bill to enable the introduction of a minimum wage for every worker among both formal and informal sector workers. It also passed the provision for no discrimination based on gender in either recruitment or payment of wages. This bill has the potential to improve women labour force participation rate in the country. It will universalize minimum...

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How can human resources influence business strategy? In several ways in fact depending upon the element of HR we’re looking at. Because human resources is a very vast field that covers every sphere of business operations. After all, a business however small or large is nothing more than people utilizing their collective skills effectively to provide a service or product that benefits all stakeholders. And managing people- or humans- is...

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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...

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All 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...

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Every 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...

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According 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...

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