A lot has changed over the past years regarding how people and companies work. Human resource is under intense pressure to cope with the latest industry innovations and transformations. Moreover, this is the period of reinventing HR to control people and businesses with technology and automate tasks. As work nature

Emotional intelligence is the capacity to identify, regulate, and respond to one’s own and other people’s emotions. EQ enhances relationships, stress management, dispute resolution, and job satisfaction. EI increases team effectiveness and retention. Companies prefer to promote and hire individuals with a high EQ. In business, emotional intelligence is essential

The employee experience has a wide meaning, and it includes all interactions an employee has with an employer. Besides, it is one of the most valuable investments that a manager can make. A healthy employee experience plan can improve an organization’s overall performance. In today’s market, companies cannot provide a

HR function involves all sorts of paperwork concerning the employees and clients. This may include records of current and past employees, legal contracts, payroll details, and the like. However, paperwork comes with a lot of inconveniences apart from being an unsustainable mode of working. Keeping and organizing records can be

Saving taxes can be hard for employees if not planned smartly. The first thing in a job that employees look for is, Cost to Company (CTC). Employees often end up structuring salary the wrong way to get a higher CTC. While a higher CTC provides employees financial stability, informing them

2020 was the year that undoubtedly will stand out in the history of humanity. Since the very outbreak of the pandemic, almost every country, society, and industry has been adversely impacted. Businesses are the worst affected not only on account of disruption in the demand and the supply chain but

In modern times, more than the technical or functional parameters, it has become important to navigate within an organization. This implies the ability to get efficient work done within a limited time by people who are a part of the company.   However, this is an often ignored side of the

The contribution of the employees has a significant role in propelling the profitability of your company. Keeping a tab on when your employees are checking in and what time they are leaving for home is essential, but challenging if done manually. It can be messy and quite challenging to track

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

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

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

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

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

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

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

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

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

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

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

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

Payroll is essentially defined as a combination of a list of qualified employees, eligible for payment, and the total amount that the employer has to pay his employees. It is a critical step in reimbursing employees for the time and work they put in for the organization. Usually handled by

Payroll cycle is the list of tasks performed while processing payrolls when we pay employees for a set period or on a given date. It can be the regular payment that is done regularly for the current period salary or hourly Calculation along with Off Cycle payroll, Retroactive Payroll and

In the last few years, many organizations, big and small, across segments have made a shift in their HR tools to make their processes more efficient. The trend is to move from spreadsheet-based payroll to cloud payroll solution. There are several benefits such as anytime-anywhere access, ease of use, employee collaboration,

The efficiency of any company is primarily defined by its employees, but it takes a hit when the attrition rate or the employee turnover of a company is leaning towards a higher value. These measurements are the basic metrics a company considers to validate their recruitment efforts.  In India, the

This payroll terms glossary contains the most comprehensive collection of definitions of various payroll terms & compliance terms on the internet. Basic payroll terms such as types of salary components & leaves have been explained in the beginning and as you keep reading, you’ll see advanced payroll terms and payroll

Many business owners are unaware that leave management is an integral part of payroll and compliance.  They are under the mistaken impression that leaves are given to employees more from a good HR practice rather than a legal compulsion. Giving leaves to employees is not only a good HR practice but is also

Figuring out what compliances your business is liable for is only half the battle.  With an array of payroll compliances to follow, it becomes quite a task to keep track of all the filing and payment deadlines. Furthermore, each state in India has its own set of deadlines. Missing deadlines

“In this world, nothing is certain except for Death and Taxes” – Benjamin Franklin. Let’s face it. Nobody loves taxes. But, we have to admit it’s a necessary evil and like in all the countries of the world, companies in India also have to adhere to a set of compliance