Wage vs Salary: Definition, Types, Pros, Cons, and Difference
To run an organization in a streamlined manner, timely and accurate payroll generation is a necessity. Along with full-time employees, an organization also employs freelancers and part-time employees as well. Therefore, a company must be cautious while computing salaries and wages for individual employees. Very often, one might come across companies using these terms interchangeably, […]
What CTC Means in Salary: A Detailed Overview
Very often, people tend to confuse CTC, in-hand salary, and gross salary and tend to use them interchangeably. However, the Cost to Company amount is different from the latter two in many ways. To know what CTC means in salary and how to calculate CTC, keep reading this blog till the end. What does CTC […]
Why Work-Life Balance is Important for Employees Today?
Work-life balance is a growing necessity for employees today. Most people are complaining they cannot spend ample time with family or for themselves after work or on week-offs. What is the importance of work-life balance in such cases and how can providing work life balance help a business grow? To know in detail, read this […]
Industries Are Opting for Biometric Attendance System in 2024
To run a workplace or any organization regardless of the industry, maintaining a comprehensive attendance of employees is of utmost necessity. An attendance management system with biometric data is the most used solution for companies and organizations to address this requirement. One of the growing reasons for organizations’ shift from traditional attendance tracking is lack […]
Payroll Processing in India: Why SMEs Need Payroll Software Today?
SME companies and startups are the future of our economy. Although these companies start as small offices and with very few employees, they hold huge potential to grow with the right business model. To achieve long-term success, SME companies are required to maintain a transparent relationship with employees. A smooth and accurate payroll processing in […]
What is HR System and How Can it Help Your Business Grow?
According to a KMPG survey across 64 countries, 39% of HR professionals have embraced new technological resources like digital platforms, AI, and analytics to perform their daily HR activities. As corporate work culture is evolving day by day, it is getting tough for companies to streamline workflow and ensure business growth with traditional HR processes. […]
Empowering Teamwork: HR Collaboration Tools for Workspace Efficiency
HR professionals play a crucial role in an organization for establishing a smooth and transparent communication between employees and management. Additionally, HR professionals also strive to address employee grievances and queries on a daily basis to ensure an ethical and streamlined workflow for employees across departments. So it is necessary for companies to empower HR […]
Transform Employee Engagement in HR with AI-based HRMS Platform
HR professionals play a crucial role in a company to establish frictionless and clear communication between management and employees. Thus, every organization head must look into ways to improve employee engagement in HR. On this note, one must add that manually tracking and responding to employee queries can be tough for HR professionals daily. It […]
Employee Rewards and Recognition: The Ultimate Guide
The essence of any organization lies in their workforce. And to keep this essence alive, it is extremely important to keep the workforce not only engaged and happy, but also motivated. One of the most common and trusted ways of doing so is through employee rewards and recognition programmes. In this blog, we dive deeper […]
11 Proven Employee Retention Strategies for a Happy Workforce in 2024
As per the current scenario, retaining your great talent is very tough. Employee retention is something that companies are still figuring out to find solutions. Employers must always reconsider what makes their company worth working for their employees. If you think your business has already lost its best employees due to COVID-19 or massive layoffs, […]
