Advantages and Disadvantages of leave management systems in India

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Quite a number of managers have complained about the time and efforts required to handle employees leaves, process the leave information of each employee and to ensure adherence of the company leave policy. Leave applications are meant to be handled on a daily basis and the procedure of processing them involves looking into the employee leave history, that is leaves …

Why your business needs a payroll management system

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Every organization employs personnel – as full-timers, part-timers, consultants, freelancers, contractors – who work for the company in various positions and receive monetary compensation for their services. These employees are said to be on the ‘company payroll’. ‘Payroll’ is the process of payment of salaries or wages to employees for the work done by them. However, the term payroll isn’t …

How to implement a new payroll system in easy steps

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When implementing a new payroll system in your company, there are a few things to remember. If the new system isn’t well-organized and planned, it can lead to mismanagement of salaries and taxes. In this article, we will look at 12 easy steps for implementing a new payroll system. Understanding the System Whenever you are implementing a new payroll system, …

Benefits and Advantages of outsourcing payroll services in India

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Payroll plays an important role in maintaining employee satisfaction in the organisation. It includes: Salary payments Tax withholding Deductions from a paycheck   Payroll services offer an attractive and valuable alternative to in-house processing. Payroll outsourcing services on the other hand refers to an allocation of some specific business processes (in addition to the ones mentioned above) to an expert. …

Statutory compliances ensure benefits and perks to the employees of hr organisations in India!

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Statutory is the term for different laws, and compliance is when you follow or comply with the distinctive laws. So together statutory compliance is when you abide the laws of a particular issue. Every HR organization has a set of rules and regulation which it has to abide by.  For betterment of the workers, certain laws are prepared, which have …