Everything you need to know about payroll outsourcing

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Payroll has always been an integral part of every business, not unlike sales, customer service, and even content marketing. Never consider it a twice-monthly annoyance or a bookkeeping task. It is actually how companies reward and retain employees by compensating them for the work they’ve done. If there happen to be errors in payroll due to miscalculation, companies will end …

Mistakes to avoid while outsourcing payroll management system

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Just like many other functions in the organisation, Payroll also plays an important role for its sustenance. It is far beyond the perceived bookkeeping task. Payroll determines how you reward and retain employees as well as compensate them for the work they’ve done. If there any errors due to miscalculation, the organisation will have an ever increasing number of dissatisfied …

How small businesses can increase their productivity by outsourcing their payroll services

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The most highlighted characteristic of small businesses is manpower. These ‘organizations’ are operating on smaller scales and lesser budgets, which means they need to make do with limited means and still succeed. In a scenario such as this, it is not uncommon to find lines blurring, when it comes to departments and duties. Small business employees often take on varied …

The situation of payroll outsourcing in India

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India has seen massive globalization in the last few decades, particularly in the employment sector. A lot of multinational corporations set up base here, having branches in many big cities in the country, most notably Bangalore, Mumbai, Pune, Delhi, and Kolkata. But these are just to name a few. These MNCs conduct their global operations from the world over, including …

Online payroll outsourcing vs offline payroll outsourcing. which is better?

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More than anything many companies are looking to improving the efficiency within the workplace. They are now increasingly outsourcing business processes such as payroll to third-party providers who can perform those functions more efficiently. The penalties for not complying with government rules and compliances is more expensive than the cost for payroll. However, with both offline and online payroll outsourcing …