As businesses constantly strive to grow and improve their bottom line, hiring skilled and motivated employees becomes a critical factor in achieving success. With the National Apprenticeship Promotion Scheme (NAPS) in India, businesses have an opportunity to hire apprentices who have undergone extensive training and practical experience in their respective fields. In this blog, we...
Understanding the National Apprenticeship Promotion Scheme (NAPS): Benefits and Eligibility Criteria
The National Apprenticeship Promotion Scheme (NAPS) is a flagship program initiated by the Government of India to encourage the development of skilled manpower in various sectors of the economy. Under this scheme, employers are incentivized to hire apprentices and provide them with on-the-job training to enhance their skills and employability. In this blog, we will...
The benefits of HRIS in your business
What Is a Human Resource Information System? A Human Resource Information System (HRIS/HRMS) is a computerized database that holds and accesses information about employees of a company or government. HRIS tracks all aspects of an employee’s career history, determining their skills, talents, and any specific needs so that those skills and talents can be appropriately...
Understanding Statutory Compliance
Employees are the most integral part of an organization. No organization can work without people. All job roles and responsibilities are important in an organization. And it’s even more important for organizations to ensure all departments work in a streamlined way. This is where certain rules and regulations come into to picture where Statutory Compliance...
Importance of Statutory Compliance for Businesses in India
People are the most important part of an organization. From on-roll employees to off-roll employees, from full-time to part-time workers, every human resource fulfills its function in the organizational machinery. And there have to be set norms and regulations to ensure the organization runs smoothly. These rules dictate how a company handles its responsibilities in...
How to Create a Strong Payroll Management Process?
All business owners agree to the act that ensuring correct and on-time paychecks is one of the top challenges. In the initial days of a business, payroll management is rather simple because of few employees. But as your business grows and more employees add to your team, it becomes hard to record, track, report time...
Payroll Challenges in the Manufacturing Industry
Payroll challenges are common in the manufacturing Industry. With most manufacturing Companies shifting towards automation, payroll is a very functional branch which often handles and administers the payroll details of the employers. In some industries, payroll is handled by the human resource department (HR) whilst in others, it is a separate department altogether. The manufacturing...
How to Manage Payroll? Tips for Businesses
In today’s business world, Payroll plays an important role in any organization. Payroll consists of the management of all the financial data pertaining to salaries and employee pay. Payroll comprises the processing and collection of employee paychecks, the timely posting of salary charts online, calculating taxes for every employee, tracking new hires, updating employee details,...
HR Department Checklist for Start-up’s
In a time when you need to be on top of the details as far as human resources management is concerned, it is not surprising that you would want to create your very own department hr department checklist. This is because you want to make sure that your HR department does its very best in...
Tips for Great Employee Retention
What is employee retention?In order to answer this question it is necessary to understand exactly what retention is and what factors go into determining the success or failure of a company in retaining its key employees. These key employees are the ones that help make the company grow and contribute to its overall success. In...