How is ESI Calculated?
What is ESI? Employees’ State Insurance Act, 1948 (ESI Act) is social security legislation aimed at providing benefits to employees in case of sickness, maternity, employment injury, and
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Explained : Different ways to withdraw the provident fund.
What is Provident Fund (PF)? The Employees’ Provident Fund Organization introduced PF, a retirement savings scheme, in 1952. All organizations having more than 20 employees are eligible under
The latest news on Income Tax Slabs for the Financial year 2020-2021
Budget 2020 has given taxpayers the choice to settle between the present tax regime (which allows availing existing tax exemptions and deductions) and a replacement tax regime with
A brief summary of Employee provident fund?
What is an Employee Provident Fund? EPF or Employee provident fund was introduced under the Employee provident fund and miscellaneous act in the year 1952. It is a
What is attendance management system and ways to track employees attendance at work?
The attendance management system is a key process in the HR department. Tracking the attendance of employees is crucial for the reliability and profitability of the company. To
Importance of having leave policies for Startups and SMEs
At some point, any employee in your organization may take leave from work. It is the role of the HR manager to manage everything related to employee leaves
Manage employee shifts effectively using HR & Payroll solution
Organizations operating beyond the typical 9 to 5 working hours face challenges in employee shift management. Balancing this can save the company money. Shifts are now favored by
How expense management and reimbursement simplified with Sumopayroll?
For any organization, management of expenses and reimbursements are onerous duties. Both these areas have always been a big concern for companies. A reliable expense management software in
Things You Need To Know About Organization Chart And How It Works In SumoPayroll
For effective employee management in your organization, managers have to know the organization’s structure. This is where the need for an organizational chart comes in. It is a
Employee location based time tracking app – A smart way for effective workforce management
Businesses usually suffer while tracking the time and attendance of their mobile workforce. It is often easy to track work hours, activities, and breaks of your in-house employees.
Key Steps To Follow For Successful Employee Onboarding
The HR department plays a critical role in finding the best talent for a company. While HR professionals often become engrossed in the recruiting process, they should also
A Cloud-based HRM software makes employee performance management hassle-free
What does your company do for effective employee performance management? With the introduction of some innovative solutions and tools, the process of performance management has been simplified. These
