Manpower outsourcing management

Budget 2020 has proposed to introduce new income tax slabs with reduced rates for those foregoing exemptions and deductions under a " simplified tax regime ". Want to know more? Read the blog.

What are the reasons WHY employees leave their jobs in today's work-culture? All things considered, why do good employees quit? We have tracked some reasons why good employees are forced to quit their job. Read more here.

Outsourced payroll processing services definitely help streamline core business operations of an organization. The  advantages of outsourcing payroll services can be enumerated as Outsourcing Payroll . Read Further to explore the advantages of Outsourcing Payroll Services.

According to C. Leon Magginson, “Human Resource Development may be defined as the development of people by providing the right environment where each individual may grow to his fullest potentialities. Human resources are viewed as the total knowledge, skills, creative abilities, talents, and aptitudes of an organization’s workforce as well as values, attitudes, and beliefs of individuals involved.” The fundamental point of Human Resource Development is to achieve an overall improvement of the individuals in the alliance, with the goal that they can contribute their best to the association, society, and country. It  is a framework and procedure including the composed arrangement of learning exercises intended to create social changes in people, so that, they get wanted degree of fitness for present or future job. Human Resource Development incorporates such open doors as representative preparing, worker vocation improvement, execution the board and advancement, traini...

Employees are the most valuable assets as confirmed by most business owners. Now a days, Managing human resources for any organization has become too comprehensive that it is so complex to maintain in house.  Moreover, there are several HR areas, including payroll, compliance management, staffing, recruitment and many more which needs a perfect and experienced team of professionals to handle this. But generally in some businesses, an HR generalist may be asked to perform all those tasks, which results in less optimal results.  Best Solution to this, a business can easily achieve the same efficiency level and workforce management by Joining a professional employer organization (PEO) and outsourcing HR. The benefits of outsourcing HR are:  1. COST REDUCTION 2. LOW RISK 3. EMPLOYEE DEVELOPMENT 4. INCREASE IN EFFICIENCY So basically, these are the most important benefits of Outsourcing HR functions. If you are also looking for someone who can hand...

The XEAM VENTURES Team works with 500+ National and International businesses all across India, UK, USA helping with everything from payroll to attendance to compliance management. We have created a checklist to help you easily analyze if your Payroll is statutory compliant. 1. Is my company registered for Provident Fund? The Provident Fund is a saving tool that helps employees save a part of their income. To stay compliant to the EPFO’s rules and regulations, any company that has grown to a number of 20 or more employees is required to be registered for Provident Fund. Failure to comply with EPFO’s norms, the company will be charged with heavy penalties. 2. Is my organization to adhering to Minimum Wages? Minimum Wages are fixed under the Minimum Wages Act, 1948. The minimum wage rates are determined by both the Central Government & State Government. The rates are also determined on occupation, sector, and type of employee. According to the Minimum Wage Act, the emplo...

In Today's scenario, the need to have a virtual team is very much. With the competitiveness in hiring talented people, it becomes more tempting to hire people in other cities, states, and countries to join your team.  Adding employees to your team which is working remotely is a challenge for management to overlook them and check their work. There are a few simple points which can help you to manage them from different locations:- 1. Make Clarity Between The Employees: As a Manager, you need to talk to your workers and discuss the projects. Always be transparent, get them involved in all aspects of the business.  2. Company Vission: Always Share the company vision with your staff. Have Discussions and Group Meeting to achieve the vision. Discuss the challenges come across and try to resolve them.  3. Meeting or Video Calls: This is one of the most important tasks that you need to do if you want to manage your team remotely. Have a conversation or video ...