All business owners agree to the act that ensuring correct and on-time paychecks is one of the top challenges. In the initial days of a business, payroll management is rather simple because of few employees. But as your business grows and more employees add to your team, it becomes hard to record, track, report time...
Payroll Challenges in the Manufacturing Industry
Payroll challenges are common in the manufacturing Industry. With most manufacturing Companies shifting towards automation, payroll is a very functional branch which often handles and administers the payroll details of the employers. In some industries, payroll is handled by the human resource department (HR) whilst in others, it is a separate department altogether. The manufacturing...
How to Manage Payroll? Tips for Businesses
In today’s business world, Payroll plays an important role in any organization. Payroll consists of the management of all the financial data pertaining to salaries and employee pay. Payroll comprises the processing and collection of employee paychecks, the timely posting of salary charts online, calculating taxes for every employee, tracking new hires, updating employee details,...
HR Department Checklist for Start-up’s
In a time when you need to be on top of the details as far as human resources management is concerned, it is not surprising that you would want to create your very own department hr department checklist. This is because you want to make sure that your HR department does its very best in...
Tips for Great Employee Retention
What is employee retention?In order to answer this question it is necessary to understand exactly what retention is and what factors go into determining the success or failure of a company in retaining its key employees. These key employees are the ones that help make the company grow and contribute to its overall success. In...
Manpower: Some Quick Tips on How to Manage It
Managing manpower is the core activity of most companies. It includes planning, organizing, staffing, training, and evaluation. In addition, it also involves creating systems for evaluating, monitoring, controlling, and rewarding employees according to their performance. If these activities are performed efficiently, your company can increase productivity and profit. How to manage manpower? How to manage...
Human Resource Planning (HRP)- Gretis India
What is Human Resource Planning? What is Human Resource Planning? This is a strategic plan for the human resources department that focuses on the allocation of resources to ensure that employees receive the right kind of compensation for their skills and talents. Basically it ensures that employees are fairly compensated for their efforts and there...
The Next Big Thing in Human Resource – Augmented Reality
What is Augmented Reality? Augmented Reality (AR) is a technology that combines computer vision, interaction, and virtual reality to create smart solutions for employees. This technology can help identify workforce trends, increase productivity, improve efficiency, and decrease labour costs. In this article, we will discuss the potential uses of AR in human resources and its...
Top HR Outsourcing Services Myths: Busted
Many business owners are opting for the HR outsourcing services India has to offer. And rightly so, given how arduous, expensive, and time-consuming HR management has become. Professional employer organizations in India offer a wide range of HR outsourcing services including payroll management, employee benefits, HR administration, risk management, compliance, recruiting services, offshore outsourcing, and...
Payroll Challenges in the Retail Industry
Payroll challenges are something that the retail industry’s have to deal with on a daily basis. The retail industry is highly volatile and the retail sales are dependent upon the payroll being in perfect order. There are payroll challenges in the retail industry which need to be anticipated in the right way. There are payroll...