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Income Tax Rules for FY 2019-20: Impact on your Financial Planning
For the latest income tax rules on new tax regime, visit New Income Tax Regime 2020 and Its Effect on Payroll ProcessingIn the Interim Budget presented on 1st February 2019, the Indian government has announced changes in the income tax rules for the financial year 2019-2020. These tax deduction rules are effective from April’19 onwards. … Read more
Exit Management, Offboarding Checklist & Exit Interviews – All on a Single Digital Platform
Exit Management or employee offboarding is a process to manage the full and final settlement of employees when they exit from an organization. When an employee resigns, retires or is being terminated from work, the required paperwork and formalities associated with employee exit need to go through a systematic process. Exit interview, clearance from various … Read more
The Best HR Software for your Business Size
Strategic retention has become more important than ever in today’s competitive job market. Many HR professionals have turned to powerful software solutions to help them stay ahead. With the swiftly evolving nature of artificial intelligence and the push towards cloud-based platforms, technologists would argue that HR software is becoming a necessity. That being said, the … Read more
How to choose an HR software vendor?
Selecting a suitable HR software vendor can be a challenging and overwhelming task. While making the right choice of the HR solution, keep functionality, usability, operational effectiveness and return on investment in mind. Besides time and cost saving, ensure that you pick a software that aligns with your objectives and adds significant value to your … Read more
A Leading IT Company Sets Up Unbiased Variable Pay System with Empxtrack
“Empxtrack team has done an amazing job in setting up a fair, holistic variable pay process for our organization. The transformation has significantly increased employee engagement, thus improving overall company culture. Integrated solutions made it even easier to map all our requirements without much hassle. “ HR Manager The case study is about a leading … Read more
Top 6 HR Trends for 2019
In the past, HR department has focused mainly on automation of processes and integrated solutions. With the changing dynamics at workplace, the emphasis is now more on improving Employee Experience (EX) and keeping the workforce motivated and satisfied. Higher productivity, better workforce engagement and empowerment of employees with overall improved EX have taken a strong … Read more
Why Does my HR Software not Succeed?
I was at the recently concluded HR Tech Conference in Las Vegas and with 100s of HR Tech vendors, all the leading consultants and senior HR practitioners, it was quite an event. On speaking with a number of vendors and viewing product demos, I was pleasantly overwhelmed with the features and depth and breadth of … Read more
Simplify Interview Scheduling and Candidate Management with a Customized Solution
The case study is about a legal firm that provides vast array of financial and advisory services to huge clientele, including MNCs, banks, government agencies and other businesses. With a diverse team consisting of 15 partners, more than 700 employees, 150 Chartered Accountants and other domain experts, the company is committed to offer excellent Accounting, … Read more
Continuous Performance Management – The Need of the Hour
Performance Management has been unsuccessful in many organizations. Traditional annual appraisals and development programs are no longer appreciated by employees and employers alike. The reason – they aren’t employee centric, meaningful and do not give tangible results. 58% of organizations rate their performance management systems as “C Grade or below.” Statistics shows that only 14% … Read more
How to Build Your Employer Brand and Attract the Top Talent
A company is no stronger than the people who work for it. It’s as simple as that. As a result, to make sure your business succeeds, you need to do everything you can to both attract and retain the top talent. In today’s candidate-driven market, top talent is in high demand. Employers are competing for … Read more
