Brooks - A Payroll Specialist, Since 1999

Payroll management services In India  cover a spectrum of activities including salary and wages calculation, withholding of taxes, distribution of withheld funds to respective government agencies and direct deposit of in-hand salaries into the bank accounts of employees. These tedious and routine functions can keep any business owner or his key employees occupied while they could better have worked on more important revenue-generating or sales-enhancing activities. While saving time,  payroll outsourcing in India  can help cut cost and ensure accurate tax calculations. Payroll companies can offer  HR payroll solutions  that help to improve a company’s human capital management and benefits.  For more information Click here: http://smejoinup.com/business-news/should-payroll-management-be-outsourced-or-kept-in-house/

When you're running a business, you have two main choices for paying your employees: You can do it yourself, or you can hire a payroll service to do it for you. If you don't have an accounting background and aren't well versed in payroll tax laws, then Top management services in India is likely your best option. Before you choose a payroll service, it's critical to understand the tasks a payroll provider can handle, how much these services cost, the benefits they offer and what to look for when choosing one. Some small businesses choose to use local payroll services that operate in their region, while others elect to use online payroll services in India accessible from anywhere. This guide focuses on online payroll services only.  Brooks consulting private limited payroll is an online based payroll provider trusted by individuals, employees can access pay their pay slips online 24 X 7 through any part of the world and same HR can access HR records of all employe...

The dollar was at three-month high on Friday and world shares headed for their fifth of six weeks of gains, ahead of US jobs data expected to nudge the Federal Reserve towards its first interest rate hike in almost a decade.  Bets on a December Fed hike are very much back on following the US central bank's last meeting and the dollar's strength, combined with the highest 2-year US government bond yields since 2011 showed there were high hopes for the jobs numbers. The health of the US jobs market is one of the key factors in the Fed's thinking and economists polled by Reuters expect the data at 1330 GMT to show 180,000 jobs were added last month and the overall unemployment rate staying 5.1 per cent.  [ Other people are reading : Recruitment: Common lies by Employees ] Investors in both Europe and Asia used the wait for the data to skim off some of the week's profits in global stock markets.  Continue

In any business in which there is a chance for interaction, whether it is between peers or between employees and customers, there exists the potential for conflict. Conflict is a natural occurrence that is bound to happen from time to time and may even be very helpful if handled correctly. Unfortunately, conflict can cause stress for even the most brilliant leaders. The following tips may be helpful in mastering the art of conflict resolution, or in some cases, the art of defusing conflict before it even begins. These tips may be helpful when delivering constructive criticism to employees, defusing tensions between two employees, or even when dealing with customers that become upset. In fact, these tips may even work when dealing with relationships outside of the walls of the office. 1. Don’t Be Brutally Honest When asked about her thoughts on “brutal” honesty, the author Elizabeth Gilbert said “Honesty without kindness is not worth the price you pay for it.” When “honesty”...

When you recruit people, the main goal of your organization is to select best employee. The main disadvantage is that you cannot read minds, you have to depend upon the resumes, degrees and on the information provided by the candidate in the interview process. Half candidates lie during their interview. It may affect the productivity and revenues of your organization. In worst scenario, you may need to pay penalties. Here we discuss some common lies told by candidates during interview.   1.”I got X Grade at Y University ” In this field, a candidate can deceive you easily. It is rare that a company check the background of documents. They can represent fake degree during interview. It may result in the selection of the unqualified candidates. 2.”I am employed from past X Years”  There may be some time gap between two employments but candidates feel that it may hurt their chances of getting good job. So, they extends dates to cover gap. In this case,...

Now a day, people mental health is degrading at a rapid rate. There are so many critical issues are associated with the employees.  According to the management, working days are wasting in Employee Mental Health Care programs. People Management carried out a poll on the mental health of employees. You can find the survey at People Management Survey. According to the statistics: 1.        43 percent believes that the mental well being level of the employees has been degraded in past two years. 2.        51 percent felt that working days lost to mental health issues had increased. 3.        Only 5% said it had improved. 4.        Stress is the most common ingredient of the mental illness which is reported in 88 percent of organizations consists of 85% of depression and 3% of anxiety. It is a very serious problem which should be addressed quicker. ...

Payroll Processing is a complicated task, no matter the size of your company. It offers a variety of challenges. In the starting, it is essential to take a decision whether to do payroll functions self or hire a payroll outsourcing company. It is essential to understand the importance of outsourcing payroll functions. It looks pretty simple from the end of distributing paychecks to employees. There are variety of responsibilities is associated with preparing paychecks. It includes:     Obey all state and local laws.     Withholding employee taxes      Reporting to proper authorities regarding the joining or termination of an employee. Advantages of outsourcing payroll : 1  1.   Perfection: Whenever we talk about financial terms, accuracy is most important variable in the the progress of an organization. After outsourcing payroll functions, you can be sure that your payroll  will be managed accurately and within stipul...

There are a lot of advantages are associated with the Payroll Software. It seems easy to process salaries of employees by self, but it is not a cakewalk. It includes so many tasks. Back to advantage again, it offers advantages for the user, the company, and the employees. We will look at the most necessary advantages to expect before using payroll software. 1. Calenders Employee calendars are associated with some payroll software solutions. A user can easily manage employee sick leave, absence, and the extra hours. It helps in planning. 2. Economical There is a great advantage of taking control of payroll software and not putting extra staff for accounting. You can save a lot of money if you can use the software efficiently. It is not recommended going without a payroll outsourcing companies because in return you will get great benefits and services. 3.  Update tax updates It is possible to miss latest tax updates, but payroll software will notify you o...

In today’s scenario, organizations are looking for the ways to minimize their costs and increase efficiency. Payroll Outsourcing is one of the effective ways of achieving this. According to surveys, organizations within the next 3 years are going to outsource payroll functions as well as HR Outsourcing. Recruitment services are also outsourced to save time.  Whatever business, you have, these are the common things which frustrate a businessman. You generate invoices and send to customers, receive payments from them by matching sent invoices, account late payments, distribute salary to your employees according to the number of hours or days they worked, complete all the bookkeeping for a tax audit. Surely, you will waste half of your time in calculations. It leaves you with short time to think for your business. All your hard work paid off in mere accounting. Find more at:  https://payrollservicesinindia.wordpress.com/2015/09/23/outsourcing-payroll-services-advan...

If you are going to choose a payroll service provider, it’s time to decide which one might be right for your company. The small business owners we spoke with said some of the most important factors to consider include the cost, ease of use and customer service support. One way to help determine the right payroll service for you is to make sure you are asking the right questions.Payroll experts that we interviewed told us that before making a decision,you should ask potential payroll service providers a number of questions,such as:           How long have you been in business.       How often are your tax tables updated for compliance? ·          Do you have other clients in my industry? ·          How important will my business be to your company? ·          If I have a question or concern,...

Brooks Consulting Private Limited, the payroll services in India comes up with a new topic payroll fraud. This is one of the major frauds which exist in Payroll Processing. You should aware about such discrepancy. It is one of the top sources of accounting fraud. Payroll Fraud actually happens in 30 percent of Businesses. It occurs mostly in small size organizations with less than 200 employees rather than big corporate.       Anyone can do payroll theft at any point of time. We cannot prevent it, but   it is possible to catch such theft. There are mainly two types of payroll fraud. One is time card falsification. Second one is “ghost employees” and the third one is Employee misclassification. Employers cut down the salaries of employees and added in their own accounts. It is known as time card falsification.   In   the office , when you notice that any employee is paid more than his/her salary and employee is fictitious then you are ...

Multi State compliance is a common issue with payroll service providers. Processing the benefits and payroll services at a same time becomes critical because each employee has its own record. Compliance is the rules, regulations or standards a company need to follow defined by Ministry of Labour and Employment and state. Companies face multi-state compliance issues when their employees cross state lines for their jobs or have multi state operations. There is also an issue of minimum wage difference. Wage varies widely from one state to another. Ministry laws do not preempt state laws so that in many cases employees need to pay tax in both states on the same income. During payroll processing, they cannot apply same strategy for all employees. Overtime is paid 1.5 times more than the standard pay for hours worked beyond 40 hours in a single week. Some states do overtime calculations on daily basis setting 8 hour as benchmark. Overtime compensations are pre-empted by laws of emp...

Efficiency is the most important thing while running a business. You should build efficiency into your day to day operations to run the things smoothly and make your time available for key operations. It is also important that you have right resources and technology to boost efficiency. It’s time to avoid traditional to-do list which can degrade your efficiency and your own productivity. Your list should have tasks which are important for the growth of your business. You need to set list according to priority. Think in terms of priorities. These are the three symbols which you should include in your list. ·          $ Sign, which should be assigned to any task that generates revenue in the next coming days. ·          A smiley face, which can be assigned to any task that make current client happy. ·          ∞ Symbol for any task that creates a system....