Before the onset of the era of globalization, liberalization and privatization (LPG), the Human Resources Department (HRD) used to function in a customary and traditional manner. The role of the HR was simply restricted to job postings, screening of candidates, sending them letter of intent and finally, the recruitment of the candidates. However, after the…

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…

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 –…

Introduction Payroll isn’t just an essential business function but the fuel which keeps the morale and confidence of an employee running when administered well. A faulty payroll system will give rise to disappointed employees and shattered workplace setting which are noxious for the growth of your business. So why risk it? Learning the art of…

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…

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…

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…

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…

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…