Blogs

Blogs for the Payroll World

VOLUNTARY RETIREMENT SCHEMES IN INDIA

12th April 2020  l  ADMIN  l  Payroll  l  4 mins 50 secs read

Voluntary retirement scheme is a method used by companies to reduce surplus staff. Businesses call VRS the 'golden handshake', trade unions call it 'voluntary retrenchment scheme', and for the government, it is 'unstated exit policy' which means its a way to leave and not pre defined. This mode has come about in India as labour laws do not permit direct retrenchment of unionized employees. Continue Reading


BENEFITS OF EMPLOYEE ENGAGEMENT MOTIVATION AT WORKPLACE

4th March 2020  l  ADMIN  l  Payroll  l  3 mins read

Inspired, Satisfied, Engaged representatives contribute significantly more to the general potential development of the organization. Worker commitment is connected to consumer loyalty which is connected to an organization's monetary achievement. Commitment comes about when enough individuals care about working admirably and care about what the association is attempting to accomplish and how it approaches doing it. Continue Reading


MANUAL VS COMPUTERISED PAYROLL SYSTEM

16th Feb 2020  l  ADMIN  l  Payroll  l  3 mins read

Small business owners still running on Manual methods for Salary and Billing, it is time to weigh the benefits of shifting to a computerised payroll system. Download a free trial and once you get used to the procedure go on to buy the full fledged version. So what are the points to keep in mind and how does it? Continue Reading


EASE OF COMPLIANCE INTEGRATED PAYROLL

20th Feb 2020  l  ADMIN  l  Payroll  l  3 mins read

Ministry of Labour and Employment notifies Ease of Compliance to Maintain Registers under various Labour Law Rules, 2017 for providing combined registers under various labour laws to facilitate ease of compliance, maintenance, inspection and for providing easy accessibility to the public through electronic means and thereby increasing transparency. Continue Reading