HOW TO KEEP YOUR EMPLOYEES MOTIVATED REMOTELY

In this highly uncertain and unpredictable environment, organizations are finding it extremely difficult to keep their employees motivated and that too remotely. Employees differ by nature and also in their ability to perform a specific task. This ‘will’ do so is defined as motivation. The stronger is the will of an employee to perform; the…

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Employee Recognition—WHY, HOW AND WHEN

Have you ever wondered why during your school days, your class teacher happened to recognise you in front of the entire class? It was because the good marks you scored placed you an edge above the other students in the class. Similarly, organizations today are recognising the hard work, risk-taking capacity and deadline completion –…

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Payroll and its contribution to your company culture

Introduction The culture of a company is an intangible asset of an organisation which helps guide the way how an employee feels about the work they do and the values they religiously follow. It is counted as a major deciding factor when it comes to choosing a company to work for. When an organisation values…

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How to Keep your Payroll System Off Cyber Attacks.

Introduction You might be aware of cyber crimes and how different types of malicious software can place some or all of your company’s precious pieces of information at stake. A dramatic increase in the cyberattacks targeting the payroll departments and payroll services of companies have been witnessed since 2017. A forewarning by the FBI’s Internet…

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Payroll Concerns When Hiring Remote Employees

Introduction The COVID-19 chapter has indeed transformed the way India works. The Work-from-home practice which was enforced on Indian Inc. in compliance with the safety measures issued by the government during the lockdown phase has turned out to reap unknown benefits for many companies, which is why a lot of them have decided to add…

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Payroll Fraud

INTRODUCTION A few years earlier from today, the matter of ghost employees costing the exchequer some megabucks of Rs. 1.5 crores during 2016-17, horrified the entire Department of Indian Railways, which then comprised a workforce of 13 lakh people, taking a heavy toll on the railway board. This led to the initiation of the validation…

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Best Payroll Practices for Small Businesses

INTRODUCTION So, when you are starting small, managing your money efficiently is what keeps running at the back of your mind, and rightly so. However, no matter how small or big as a business you are, size is not a deciding factor when it comes to compensating your employees. Keeping your workforce revitalized throughout their…

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Payroll Outsourcing Company in India 2020

INTRODUCTION In today’s highly competitive world, where every company, big or small is vying for a place in the world of trade, subtle economic alchemy can help you achieve your goal. The abrupt entry of COVID in our lives have triggered the need to remodel the outworn payroll system operations of our businesses with services…

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Payroll & Taxes in India 2020

India has been one of the fastest-growing economies of the world, ranking 5th with a nominal GDP of $2.94 trillion, as per IMF’s World Economic Outlook Database, October 2019. The service sector contributes more than 60% to its economy, following this is the  manufacturing sector, reckoning to gain a larger driving force with PM’s envisioning…

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