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Showing posts from April, 2017

How To Get Rid of Payroll Stress From Your Business?

Here are some ways you can help take the stress out of payroll: Reduce payroll-related cost As a small business owner, you’re constantly on the look-out for avenues to maximize your investments. But unwanted costs in the form of non-compliance can affect the health of your business for   outsourcing payroll service s . Apart from these there are other costs of running payroll and HR systems in-house such as labour costs of staff working to keep payroll systems running on time and ongoing IT maintenance fees. This increases the risk of a probable misuse of data or a software crash could mean your employees not getting paid on time. Also, if the resource handling the complex spreadsheet system leaves the organization, it would be a payroll nightmare on your hands. Mistakes caused by using manual methods of payroll management services cost companies almost 1% to 8% of their total payroll. Read more information visit at:  http://bit.ly/2qmjMYg

How To Manage Payroll Effectively Across Borders?

This is tricky for single site organisations, but it’s mind-achingly complex for global businesses. As companies expand across borders they inherit new HR tools and systems, efficiency slows and risk of error increases. Global firms manage that’s the corporate equivalent of spinning plates. And even if they manage to master that particular circus trick, or adapt their existing systems to accommodate all new employees, those systems would still have to take into account the different employment laws, rights and taxation for each new jurisdiction. Managing the HR costs effectively The costs of doing all this, per employee, are steadily rising year over year. Payroll management services  is a equation to solve. In fact, according to Ernst & Young, 55% of global firms doubt they will ever find a payroll solution that satisfies their payroll processing service s needs. On top of this comes the required technology infrastructure, which can become particularly expen

Is The Threat of Job Automation Affecting Your Recruitment Strategy?

If the threat of job automation is impacting your organization’s ability to attract top talent, it’s likely time to revisit your recruitment strategy. Because technology has become a big part of how different industries perform tasks, it can cause a fear of job stability for many employees seeking new positions in these industries. Fear of being replaced by software or an algorithm can cause job seekers to consider switching industries or independently pursue training in recruitment firm for expatriates in India . Automation is not just for sophisticated manufacturing equipment or robots in the industrial sectors. Marketing, sales, recruitment and even management duties are being replaced with sophisticated technologies that replicate common job duties in IT recruitment firm in India .   Read more information visit at:  http://bit.ly/2nFne2K

Ways to make your payroll process complaint and error free.

Many organizations handle the payroll process in-house. At the same time some businesses outsource their payroll service provider who handles all the aspects related to this. In both the cases it is very vital to understand the compliance related aspects and micro-manage them to prevent any issues in payroll, since this is related to the operational cost of the organization and any errors will directly impact on the ROI as well as, since these compliance related aspects are related to the government, it might even result in adverse effects in the reputation. When your organization handled statutory compliance related activities, the factors that tend to influence and create errors include: Time Consuming and Cumbersome processes The first and foremost factor that tends to create an issue with regard to compliance and outsourcing payroll processing  is that your HR leader must be an expert in the industry. He must be aware of all the changes that tend to happen