The past year has set in motion major changes in organisational functioning. Organisations switched from on-site to remote to hybrid workplaces. Inclusion and diversity became pertinent and the overall work culture changed for the better if one must say. Companies now [...]
With a population of 139 crores, India is one of the fastest progressing economies. Naturally, in every economy growing at this rate, there are several emerging sectors, technological advancements, and multiple trends. This growth requires companies to expand, hire new employees, [...]
Working with the right payroll service provider is crucial for the performance of all businesses. Besides the wellbeing of the business, good payroll management is also important for the satisfaction of its employees. However, if your provider fails to meet your [...]
Despite being an important component of payroll, leave and attendance does not get the kind of attention it should receive. If an organization sticks to conventional methods such as excel sheets, emails, timesheets, etc for managing attendance, errors are highly likely. [...]
As per the announcement made during the 2021 Union Budget, the New wage code 2021 has been proposed to be in effect starting from April. The New wage code is an attempt by the government of India to simplify the various regulations related [...]
Payroll services and human resources (HR) are two distinct functions within a business. While payroll processing is concerned with employee compensation, human resources are primarily concerned with employee relations. However, there are instances where the two roles overlap and are frequently [...]
Payroll process management is a daunting task because there are several other crucial tasks other than disbursing salaries that are associated with it. A robust payroll management system ensures the smooth running of any business. Every business is different, operates differently [...]
Small and medium enterprises form a large share of the market. These companies have 300 or fewer employees. While this workforce is not too big, it is large enough to increase payroll calculations and management challenges for your HR team. You [...]
Payroll and confidentiality of payroll data are inextricably linked. The former entails carrying out the procedures required to pay employees and run the firm legally, while the latter entails safeguarding the financial information utilized in the payroll process. You should take [...]
The call from the accounts office or HR seeking details on tax savings committed for the current fiscal year is one that most employees despise. The employee investment declaration determines how much of their taxes will be deducted and when they [...]
