Blog | 247HRM - Part 7
 

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The Government of India has amended paragraph 38 of the Employees’ Provident Fund Scheme stating the ‘Mode of Payment of Contribution’. Prior to June 2016 this paragraph was amended whereby in addition to State Bank of India other nationalised banks were included. NOW by a Gazette of India Notification No. G.S.R.6(E) dated 4th January, 2017, paragraphs 38 and 48 of Employees’ Provident Fund Scheme have provided...

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The Human resources management team is the conduit between the employees and the management team. They help management teams analyse trends and advise them on how to manage people as business resources. They are involved in payroll services, performance appraisals, attendance management, leave management, statutory compliances, liaising with statutory bodies etc. Apart from handling queries & understanding and managing trends, Talent management, coordinating employee benefits and suggesting...

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The Employee’s Provident Fund Organisation of India (EPFO) has released version v2.0 of the PF ECR (Electronic Challan cum Return) which needs to be used effective immediately. The older version of the PF ECR is no longer accepted on the EPFO portal. The updated PF ECR requires the employer to enter Gross wages as well as PF wages. This could have important & far reaching implications. In...

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It's that time of the year when the holiday mood starts permeating the air. Along with enjoying the year-end festivities, it's time for companies to start planning their annual holiday calendar for their employees. To make this process easy for you, we would like to share a calendar which has all the holidays celebrated across India :) Here is a comprehensive list that will help you...

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How does Data Management play a crucial role in decision making of HR managers

Businesses need to be able to crunch all the data with efficient data management whether they collect or view them as charts & graphs to be able to understand its performance and act accordingly. Easy access to metrics is vital to the decision-making capabilities of the management. Analysis of HR data is crucial to helping an organization get a pulse on its most important asset (it’s...

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How to retain the right skilled workforce in the digital age?

Hiring talented people is a crucial task in creating a strong workforce, But this strenuous work can be considered as only one-half of the story. Retaining skilled employees is another decisive phase which plays a major role in creating a talented and skilled workforce. Employee retention is another key aspect of a developing company, as you put time, effort and investment in hiring as many...

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