Payslip Transparency – The Benefits of Income Documentation
What are Payslip: The word 'payslip' is a combination of two words: Pay: This refers to the amount of money an individual worker earns by contributing their services to their…
Onboarding Employee – What You Should Know
Onboarding employee is the initial step in the process of integrating new members into an organization. It serves as the result of the interviews conducted earlier in the hiring process.…
Advantages of timeclock over biometric attendance
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:…
HRA Calculations for a Metro & Non Metro Cities in India
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…
Features to Look for in a SaaS-based Cloud Payroll Application
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…
Paperless Expense Claims Made Easy
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…
Revolutionizing HR Management with Automation Tools
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…
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 this scheme.…
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 lower tax…
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 mandatory government-managed…
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 track employee…
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 and attendance.…
