The business world is competitive and it’s getting tougher. With no regard for the size of your business. The competitors poach the best talent from smaller, successful companies. And the employees get job recommendations from LinkedIn and other platforms all the time.
It’s pretty important to retain our best talent. And that needs active engagement.
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There are two primary functions of an entrepreneur. Creating demand for the business, and building the organisation that can deliver the products and services to customers and clients.
These are massive responsibilities. Each one of them needs complete focus and attention of entrepreneurs.
That’s a unique challenge which managers in big organisations don’t face. They are required to fulfil only their job role. Which is mostly function specific. But an entrepreneur must wear many hats.
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For startups looking to streamline their payroll processes and manage employee compensation efficiently, a payroll software is the perfect solution.
With payroll software, startups can eliminate the need for manual calculations and paperwork, reducing the risk of errors.
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Business owners have a general sense of most HR terms, but still some questions keep coming again and again.
In particular, the relationship between payroll and HR often creates confusion.
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As a small or medium-sized enterprise (SME) business owner, you juggle multiple responsibilities at once. From managing your staff to handling finances, there’s never a shortage of things to do. One critical aspect of running any business is handling payroll accurately and efficiently. And that’s where choosing the right online payroll software solution comes in.
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Small and medium-sized enterprises (SMEs) face unique challenges managing their human resource (HR) functions. Often, these businesses have small HR teams. So business owners also get involved in HR tasks.
Let’s be straightforward here. This poses multiple challenges.
First and foremost, the business owner gets distracted from the core business, & the business suffers.
Secondly, HR is a specialised function. Admin and junior HR persons get overwhelmed with the complexities involved. This leads to inefficiencies in managing attendance, payroll, leave management, recruitment, & onboarding. And errors in adhering to compliance.
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Remote working has been the need of the hour, and it is here to stay. A McKinsey report suggests, “post-pandemic, given a choice, more than 50 percent of the workforce would like working from home for at least three days a week and one-third of the workforce would like working full-time remotely.”
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You might be smiling, how can one claim to be the best attendance software in India, when there are so many out there?
While it seems tough to sift through the large numbers of attendance software in India, it is also not so difficult. Because there is a ladder of features, qualities and design philosophy which tells us the better software programs from the rest– OpportuneHR!
So, your business is booming and is now transitioning from a small business to a medium-sized business? Now, as you can experience it yourself, handling a company with over 300+ employees is a difficult task. And the same is the case with the HR department.
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Diagnostic centres are under huge pressure to deliver. As the demand for services is high due to the pandemic. It is not just a business but a responsibility to handle the mounting pressure well.
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