Will HR outsourcing increase or decrease post Covid?
This ongoing COVID-19 crisis has adversely affected the life of every living soul on this planet. This pandemic drastically transformed the job market scenario where many people are jobless, and the maximum of the remaining workforce is bound to do remote work. HR outsourcing is the best choice small business owners have to propel their […]
How automating HR will benefit your business
Automation is taking business by the cusp. From workflow to profit, automation is proving itself highly beneficial and valued. Seeing it play a key role, it assures employees get time, where they can solely focus on tasks that are challenging and need human intervention, not everyday clerical work which can easily be handed on to […]
What are payroll deductions and the top 9 payroll deductions?
Payroll deductions, simply put, refers to the monetary amount the employer deducts from the employee’s salary every month. These deductions can either be voluntary, as is the case with insurance and other benefits, or involuntary. The employer withholds a certain percentage of the employees’ paycheck every month to cover contributions towards state and central taxes, […]
Top 5 payroll management courses
Effective management of HR function establishes the success of an organization. The HR functions as a key to meet strategic goals of an organisation. But for that to be operated smoothly, Online Payroll Management Course can help employees have an understanding of the norms of operating payroll software. It also can help in onboarding freshers […]
Payroll audit checklist
For the majority of businesses, payroll accounts for around 15-30% of the revenue and it’s processing could probably be the most important duties of an employer. It presents plenty of challenges for the payroll professionals. As, small mistakes can result in pretty dire consequences including but not limited to affecting attrition, reputation, legal actions and […]
Tips for onboarding employees in a virtual environment
Recruitment, onboarding, and training are critical procedures for any growing company. Hiring fresh talent and acclimatizing them to the company processes and culture is a monumental task in itself. With the rapid transition to remote working, the process of onboarding has become more important than ever. Traditional onboarding frameworks that included in-person meetings, training sessions, […]
10 Benefits of the Cloud-Based HR System
Introduction As the business world is changing by the day, HR is changing as well. In the past decade, cloud software has indeed gone from “good to have” to a critical tool for all HR teams. This in fact may be the most significant technological development in HR history. Cloud-based HR systems offer businesses and […]
How to Deal with Employee Frustration at the Workplace?
Harmony at the workplace is vital for the efficient running of the business. It helps in working towards the common goal. Employees are the backbone of an organization and help achieve the goal. A business should strive to keep employees happy and stress-free. Frustration at the workplace is very common and, when not looked into, […]
Top 5 Reasons to Outsource Payroll
With the influx of global uncertainties and fluctuating economic conditions, businesses are always on the lookout for ways to streamline their administrative procedures, while also remaining cost-effective at the same time. Such is the reason why it is always recommended for organizations to outsource their non-core and time-consuming business process activities, especially payroll. By doing […]
Why Do Companies Hire on Third-Party Payroll?
While most operators would suggest that salaries and payments are the business’s strategic components since it populates the Sales, General & Administrative line item, a significant portion of businesses across the globe outsource it to third-party service providers. As per a Deloitte survey, 24%-27% of firms across North America, Latin America, EMEA, and APAC outsourced […]
Duties and Responsibilities of Payroll Administrator
Payroll administrators play a critical role in the HR department of every company – they are responsible for ensuring that all the employees within the organization are getting paid accurately and punctually. These professionals oversee all the processes attached to the payroll systems of the company. From administrative activities such as calculating hours and taxes […]
Advantages and Disadvantages of Using Open Source Payroll Software
Payroll software is a holistic payment system that is associated with employment tax filing and payment. Spreadsheets have been the norm for managing a payroll but it doesn’t exact on precision. According to research conducted, 88% of spreadsheets contain human-made errors. An open HRMS Payroll can streamline the way payroll is managed. It can also […]