Income Tax Rules for FY 2019-20: Impact on your Financial Planning

Income Tax Rules for FY 2019-20: Impact on your Financial Planning

In 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. Highlights of Income tax rules for FY 2019-20 There is no change in income tax slab rate for financial year 2019-20 […]

Managing Remote Employees – Some Useful Tips

Managing Remote Employees – Some Useful Tips

In today’s global economy, companies prefer appointing employees across various locations based on business needs. Talented and skilled workers can competently meet project deadlines and work towards achieving organizational objectives, even if they are working remotely. Such remote team members not only help in saving business costs but also help increase overall productivity. Use of […]

Payroll Management : Remain Statutory Compliant & Avoid Last Minute Payroll Hassles

Payroll Management : Remain Statutory Compliant & Avoid Last Minute Payroll Hassles

Payroll management is time-consuming and complex and requires full business confidentiality. Managing employee data, answering queries, preparing reports and looking into payroll processing, all often at the same time, becomes overwhelming and stressful for the HR department. What are some common issues in payroll processing? Calculating taxes, Provident Fund (PF) and ESI deductions, travel/ medical/ […]

Why only 31.5% of U.S. Employees are Engaged at Work?

Why only 31.5% of U.S. Employees are Engaged at Work?

Gallup, through their research found that only 31.5% of U.S. employees and 13% worldwide are actively engaged in their jobs. Lack of engagement and low productivity cost up to $550 billion every year to the employers. People are an important asset to an organization and managers can get the best out of these people by […]

Year in Review: The Changing Trends of HR Industry in 2016

Year in Review: The Changing Trends of HR Industry in 2016

2016 was an exciting year for human resource industry. HR saw major transformations in several HR practices, starting from annual performance reviews to overtime rules, from people analytics to effects of Trump’s administration. All these changing trends kept HR professionals busy throughout the year. We have just stepped into the year 2017. It’s time to […]

What to Expect from Performance Management in 2017?

What to Expect from Performance Management in 2017?

2016 has been an unprecedented year in the area of employee performance management. HR leaders are choosing year-long, data driven performance evaluation over employee metrics. Annual appraisals have failed to deliver the desired outcomes and companies no more find them effective. As already stated in one of our previous posts Why U.S. Companies Are Losing […]

Solve 5 Major Payroll Challenges with An Online Payroll Software

Solve 5 Major Payroll Challenges with An Online Payroll Software

Transitioning paper-based payroll processing to an online payroll system has always been a debatable topic for the leadership in many organizations. Despite having payroll software and resources, organizations consistently face payroll management challenges. A payroll management administrator encounters many payroll issues on day-to-day basis, each with varying degree of success in resolving them. Many organizations […]

Is U.S. Presidential Election Affecting your Workforce Productivity?

Is U.S. Presidential Election Affecting your Workforce Productivity?

Getting daily coverage of 2016 U.S. Presidential Election from different forms of media has already created havoc in the HR departments of thousands of organizations. You must be wondering ‘HOW?’ According to a poll conducted by Harris Poll on behalf of American Psychological Association, 52% Americans accepted that Presidential Election has become a significant source […]

Not Investing in Employee Training & Development? Your Business is Already at Risk!

Not Investing in Employee Training & Development? Your Business is Already at Risk!

Yes, you heard that right! Businesses that do not invest in employee training and development are always a step behind their competitors. Lack of employee development efforts of an employer creates dissatisfaction among workforce and fuel many early exits from an organization. As employing and retaining top talent has become bigger issues in talent management […]

Find, Train & Retain HIPOs and Build up your Succession Plan

Find, Train & Retain HIPOs and Build up your Succession Plan

Two months ago, a CEO of a High Growth Mid-sized Organization, announced to conduct an international strategic marketing event to promote their services in all corners of the world. He elected Catherine as the Chief Event Manager for this upcoming event and shared all the important details with her and handed over the necessary documents […]

HR Lesson: Human Resource Management System and the Olympics

HR Lesson: Human Resource Management System and the Olympics

The Rio Olympics 2016 Sports lovers, across the world, had a wonderful time witnessing the spectacular 31st Summer Olympics event. This international sports event, scheduled between 5th to 21st August in Rio de Janeiro, united 10,000 athletes to compete in 28 different sports. Billions of people in more than 200 countries glued themselves to their […]

Guide for Effective Employee Management: Get Ready for Action!

Guide for Effective Employee Management: Get Ready for Action!

Employees are the living asset for a successful business, so managing them carefully is an essential step for every business owner. Effective employee management allows business owners to capitalize on their employee’s potential and strengths. Human resource experts believe that employee management is an opportunity to motivate employees and encourage them to achieve work goals. […]