Timeclock and biometric attendance systems are both used for tracking employee attendance, but they have different mechanisms and advantages. Here are some advantages of timeclocks over biometric attendance systems: Cost-Effective:…
The term "HRA" typically stands for "House Rent Allowance" which is a component of an employee's salary in many countries. The rules and regulations regarding HRA calculations can vary from…
Choosing the right SaaS-based Cloud Payroll Application for your business is essential for ensuring an accurate and efficient payroll processing. To help you make an informed decision, here are some…
As businesses strive for efficiency and productivity, the cumbersome paper-based expense claims era gives way to innovative payroll software. With paperless expense claims, employees can easily submit their expenses through…
In the constantly evolving HR ecosystem, organizations are revolutionizing HR management through the adoption of automation tools. By harnessing technology, they are driving business success to new heights. Revolutionizing traditional…
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 this scheme.…
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 lower tax…
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 mandatory government-managed…
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 track employee…
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 and attendance.…
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 many working…
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 Hierarchical chart…
