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Payroll processing is a complex task that every organization must handle with care. Accurate and timely payroll generation ensures that employees are paid correctly. It also keeps the company compliant with evolving tax laws and regulations.
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Payroll calculation is one of the most important activities in any organisation. For payroll managers, ensuring accurate and timely salary disbursement is crucial—not only to keep employees satisfied but also to comply with numerous legal and tax regulations.
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Young employees often get confused between different salary terms. It is important to understand these concepts when joining a new company. We will clarify these terms and provide an example of take-home salary calculation to help you understand salary structures.
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The last couple of years were challenging for all industries. But manufacturing industry was specially hit because of the nature of physical connections it need. While service industry shifted to WFH and cloud based remote working modules immediately, a shop-floor can’t run on an online platform like zoom.
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The best HRMS for the manufacturing industry in India?
That’s not one question, it contains many other questions. Best on what basis? Best for whom? By price? By performance?
