Blog
TalentPro’s Human Resources blog is a knowledge portal where we discuss the latest and best practices related to the Human Resources Industry. The portal educates the reader in various areas of interest such as Payroll, Compliances, Staffing, Human Resource Management Services (HRMS), Recruiting, etc.
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What Happens When Small Business Ignores HR Issues
This Blog deals with HR Challenges that small business often faces. Let us see the far-reaching consequences if a company ignores HR issues and that too if it is a small business. The following are some of the very far-reaching…
HR and Mobile Technology – The Future of HR
Mobile Technologies and Business: Businesses are becoming increasingly competitive and must look at innovative strategies to stay ahead. One of them is the sudden reliance on smartphones and related mobile technologies. Given that India is the second-largest manufacturer of phones,…
Trending Recruitment Strategy 2019: Inbound or Outbound?
[vc_row][vc_column][vc_column_text css_animation=”fadeInUp”]Recruitment Strategy has changed over the years. This Blog tells us about some of the best recruitment strategies being implemented in 2019. Let us have a look. 2019 is turning out to be the year of inbound recruiting. Let…
Overpayment – A Payroll Oversight. What to do when it Happens
Salaries and HR A salary is a fixed amount of money given to an employee for services rendered to an organization or business. Salary is paid at regular, fixed intervals. Salary or payment of wages comes under payroll, a critical…
HR Technology and Outsourcing – Synergy and Progress
Workplaces are now evolving and becoming leaner to keep up with the impact of competition and globalization. According to a report by Grand View Research Inc., 33% of millennials are now in management positions and have brought in new perspectives…
Staffing During the Festival Season- All That You Need to Know
The Festival Season Festival seasons are now a significant part of any industry. It affects almost every industry as well as the amount of business a company does. It affects productivity as well as how organizations look at hiring workers…
Switching Jobs in the middle of the Financial Year? Here’s How to Deal with Multiple Form 16s
These days’ professionals often tend to switch their jobs as if they get better paymasters. Form 16s is one of the most critical documents for filing income tax return at the end of a financial year. This form contains a summary of taxes deducted by your employer and deposited against your PAN with the government. This form also includes a summary of the total amount that is actually paid by…
Payroll Statutory Compliance – The Factors that Drive It
Payroll is a process central to any organization. It directly affects how an organization does business, how it treats its employees, its growth, and several other ways. Payroll may refer to not just the list of employees and their records but the task of managing them as well. Payroll processing is indeed a grueling task, one that has no margin for error. The consequences would be detrimental to the organization’s…
The Compliance Calendar: A Guide to Crucial Dates for HR Managers
The new year is fast approaching, and with it come afresh set of tasks and challenges. Below are some important dates to be taken note. These dates are as per Labour Law Compliance in India and are consistent across all companies. TDS is tax deducted at the source; This means that employees whoa repaid a certain amount of money will have a small percentage of deducted as per managers can…
What is the penalty for not paying payroll taxes?
TAX bills are bad enough, but worse are the penalties involved with the non-payment of the same. There may be many reasons for the penalty to be levied, but the chief reason is either failure to pay the amount or not adhering to income tax return processing and filing. It can be also due to several retirement account inactions or non-possession of health insurance and not paying the full tax money.…
SEZs and Labour Law Compliance: Protecting Worker Interests
Special economic zone (SEZs) are a direct consequence of the phenomenon of foreign direct investment (FDI). In simpler terms, SEZs are geographical areas within a country that have different laws and systems than other geographic regions. These zones are designated for trade and business and the overall economic development of surrounding areas. Some of the earliest, most successful SEZs are in China, with the most successful one in Shenzhen province.…
Payroll Structures in India: All you need to know
Payroll structure is the details of the salary that have been offered in terms of the breakup of different components constituting the compensation. Knowledge of the components is very crucial to the employee as he gets an idea about how much goes into forced savings and what kind of tax exemptions to claim. Components of Pay Structure in India Basic Salary It is the base income of an employee, comprising of…
