Compensation Management: A Comprehensive Guide for HR Professionals

You have a company You want to grow You want to get richer But you cant do this on your own So you decide to hire some people who can help you out What kind of people do you want Like any other business ownerteam leader you want the best But heres the challenge there are very few people who c

14 min read

All you need to know about Salary Structure in India

Salary structure in Indian payroll is a ceaseless process Activities in Payroll Management are never marked as done Every month the same set of tasks come in front of the screen and again the same obstacles are encountered However organizations are now shifting to cloudbased payroll management softw

12 min read

What are Pre-Payroll activities? A detailed overview

Payroll Processing is a predestined set of tasks in an organization Employee compensation payments and other expenses play a major role in work culture while running a company An accurate Payroll Management system is proof that the workflow of the company is smooth and efficient Employees are consid

8 min read

Taxable, Non-taxable and Partially Taxable Components of Salary in India

As per the Payroll Processing in India in addition to the basic salary there are various other salary components such as taxable benefits offered by employers to employees Moreover these different components have different tax implications Under the IT Act of in Payroll Processing taxable benefi

12 min read

Running Payroll – Excel versus Software. Which is better?

ExcelSpreadsheets are incredible tools when utilized for the correct purpose Be that as it may organizations face many issues when they expand the utilization of excelspreadsheets far beyond its capacity for example managing the complete payroll processing software Payroll is not just computing payc

10 min read

Gathering Leave and attendance data | Data requirements to run payroll in India

The entire payroll process is an avalanche loaded with tasks Each step has to be accurate HR and payroll walk together in any organization HR being the only centralized department connected to all other departments payroll becomes a significant responsibility The payroll process revolves around calc

11 min read

Understanding Income Tax – A Detailed Guide

Under Section of the Income Tax Act every employer who is paying a salary income to his employee is required to deduct TDS from the salary income if it exceeds the basic exemption limit This deduction is based on the estimate of the income that will be earned in the particular financial year and th

11 min read

Data Validation! Gaze before you leap | Pre-Payroll Activities

As an extremely highvolume business activity payroll is a department where delays corrections and reprocessing incidents are all too common however risky to encounter Payroll is straightaway related to the compensation of all the employees of an organization A blunder in any employees salary calcula

8 min read

Understanding Payments and Deductions | Gathering data to run Payroll

The entire payroll cycle has three segments or stages prepayroll Activities payroll and postpayroll activities The prepayroll is most significant on the grounds as it builds up the data which gets moved to the next step that is actual payroll processing The prepayroll activities are the base of the

10 min read