Top 7 HR Challenges in 2018

Top 7 HR Challenges in 2018

Human Resource professionals wear many hats and manage a variety of responsibilities – from recruitment to retirement. It rarely happens that a day in an HR department passes slow. Managing human resource department and enforcing policies in an organization have always been a constant concern for HR. But the job doesn’t end here. The department […]

Can a payroll software be an effective HRMS?

Can a payroll software be an effective HRMS?

How do companies manage their employee data? I often have discussions with senior management of small and mid-sized companies on the HR software they use to manage their employees. In many cases – the only HR software that companies use is a payroll software. Their employee data is typically spread between their payroll software, spreadsheets, […]

Top 4 Online Payroll Management Practices for 2018

Top 4 Online Payroll Management Practices for 2018

A lot has changed in payroll management over the past few years. Earlier, payroll processing meant manual calculations that was time consuming and lead to data entry errors. Today, organizations use automated system to process payroll accurately and meet statutory compliance. With the access to latest technologies, small to medium-sized businesses can now successfully meet […]

How Technology helps in Making HR a Strategic Partner

How Technology helps in Making HR a Strategic Partner

Changing Role of HR Long gone are the days when HR used to merely manage administrative tasks and play a supporting role in the business. Over the past few years, HR has transformed itself into a most valuable asset to the organization. It has increased its credibility by participating in strategic business functions and sharing […]

Latest Income Tax Rules for FY 2017-18: Empxtrack is Here to Help you

Latest Income Tax Rules for FY 2017-18: Empxtrack is Here to Help you

Get latest updates on income tax rules and 24Q form filing for FY 2018-19. In India, 2016 ended with the news of Demonetisation surfacing all over the country and impacting rich and poor alike. The prolonged cash shortage created a lot of confusion and chaos for the common people, and it hugely impacted disposable income […]

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/ […]

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 […]

Statutory Compliances in Indian Payroll Management System

Statutory Compliances in Indian Payroll Management System

What is Statutory Compliance? Statutory compliance, in HR, refers to the legal framework within which organizations must operate, in the treatment of their employees. Every country has several hundreds of federal and state labour laws that companies need  to align with. This list is forever being added to. A lot of your company’s effort and […]

ROI on Automating and taking your Payroll Online

ROI on Automating and taking your Payroll Online

It is difficult to anticipate the benefits of taking your payroll online. This was a challenge faced by one of our recent customers where the HR department found it challenging to estimate the ROI derived from implementing an online Payroll software. In this post, I have analyzed time and money spent in manual Vs online […]

Importance of HR Data for a CEO

Importance of HR Data for a CEO

I used to believe that employee data were useful for HR departments only since it was responsible for employee development and management activities. The CFO and CEO were only interested in metrics such as cost of hire, total compensation, cost for training, etc. which were more oriented towards financial goals and treated employee functions as […]