Payroll Solution That Ensures 100% Statutory Compliance and Regulation

Payroll Solution That Ensures 100% Statutory Compliance and Regulation

Payroll is a complex process that becomes more challenging with a company’s unique processes, compliance issues, varying allowance and deductions and with constantly changing legislation. This, often puts businesses at a risk as there is so much at stake in terms of penalties, additional scrutiny and reputation of the company. Many organizations manage this process […]

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 […]

Online Leave Management: Make Leave Transactions Quick than Ever!

Online Leave Management: Make Leave Transactions Quick than Ever!

Here’s an incident that inspired me to write about an online leave application system and how managers can make best use of this tool. I manage a team of 5 people. Last month, we had an important project, and unfortunately, we missed on our first project delivery deadline. I was taken by surprise when one […]

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

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 of the countrymen. Government of India planned this move to cease cash-centric black market […]

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 […]

Payroll Software Reduces Workload of a Payroll Administrator

Payroll Software Reduces Workload of a Payroll Administrator

What does a payroll administrator do? He ensures that people are paid on the right date and their salary accounts are credited with right figures. That means his job is to pay salaries correctly and on time… Oh, I see! But ..Is that all? No. There is a lot more to it. If you’ll ever […]

Why Buying a Payroll System is Better than Outsourcing Services

Why Buying a Payroll System is Better than Outsourcing Services

Payroll is not only about cutting pay cheques or just clearing bills. It is a deep world inside. A survey was conducted by The National Small Business Associations to understand their approach to handle payroll processes in small business organizations. After analyzing responses from approximately 1,500 small business owners, the research stated that 60% businesses […]

Why To Invest In Online Payroll Software?

Why To Invest In Online Payroll Software?

As an HR technology solution provider, we often experience ever-increasing demand for an online payroll software, that requires fewer resources and increases productivity as well as return on investment (ROI). An online payroll software not only saves time while processing payroll, but also reduces mathematical errors (less risk of being hit with IRS penalties). It […]

Rules to Calculate Employee & Employer Contribution for ESI and PF Deduction

Rules to Calculate Employee & Employer Contribution for ESI and PF Deduction

Employees’ State Insurance Scheme ESI scheme is a contributory fund that enables Indian employees to take advantage of self-financing and healthcare insurance fund contributed by the employee and the employer. The scheme is managed by Employees’ State Insurance Corporation which is a self- financing social security and labor welfare organization. It administers and regulates ESI […]

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 […]

How does Empxtrack, an HR Software on Cloud, help in the cost reduction of your HR department?

How does Empxtrack, an HR Software on Cloud, help in the cost reduction of your HR department?

The HR department of a company plays a critical role in the success of a company by not only looking into payroll, leave and absences but also developing a strong workforce for the organization that helps an organization to achieve its business goals. The better the recruitment and retention processes of an organization, the stronger […]

Implementing a Comprehensive Performance Appraisal System for India’s Leading Retail Chain : A Case Study

Implementing a Comprehensive Performance Appraisal System for India’s Leading Retail Chain : A Case Study

About the customer The customer is a leading retail chain in India with outlets in multiple states across USA, Europe and Japan. A large conglomerate with interests in various ventures, the company pioneered the concept of customer-oriented retail stores. Over the years, it has successfully promoted a number of brands, products and events using innovative […]