Posts tagged Payroll software

Understanding Your Salary Structure: CTC, Gross Salary, and Take Home Salary

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.

Continue reading

Payroll Processing Challenges And Solutions!

Payroll processing refers to the series of steps an organization undertakes to calculate and distribute wages or salaries to its employees. This includes: determining how much each employee earns, and also managing various deductions (such as taxes and benefits) before arriving at their final take-home pay.

Continue reading

Compensation Planning Guide: Challenges and Solutions

After all the workplace philosophies get discussed, one thing is agreed upon by all. Compensation matters the most!

Compensation and benefits are crucial for employee satisfaction and retention. However, HR managers often face challenges when it comes to managing these plans effectively, especially with limited budgets.

Continue reading

Common HR Challenges and Bottlenecks: Automation Can Help!

Human Resources (HR) departments play a crucial role in managing the workforce and ensuring smooth operations. HR managers do their best in streamlining the processes to the best of their abilities. But their job gets tedious as the organisation grows. Many common HR challenges and bottlenecks hinder their work, and take away their focus from important issues.

Continue reading