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What is Attrition and Why Does it Happen?
What is attrition? Attrition is a familiar and much feared word among HR professionals. But what is attrition, why does it happen and how does it affect an organization? More importantly- what can the company stakeholders do to manage this problem?Let us try to understand. Attrition definition The general meaning of the word ‘attrition’ is … Read more
Top 8 Global HR Trends in 2021
This article highlights the HR trends in 2021 that will reshape the HR world and influence the way businesses operate. Latest Update – Future global HR trends for 2024 are also out, and you may read them to know what the future of HR may look like. With the fall of 2019, many HR trends were … Read more
New Income Tax Regime 2020 and Its Effect on Payroll Processing
The 2020 Union Budget of India has proposed the latest income tax rules. This article describes the new income tax regime 2020 and its effect on Payroll Processing. Taxpayers can choose any of the two tax options – the old tax regime or the new tax regime. What will you choose? Old Tax Regime: Higher … Read more
Manage Remote Workers During COVID-19 with HR on Cloud
Do you have the right tools to manage remote workers during COVID-19? Are you ready to take up a remote work model and safeguard your employees from the pandemic? Move your HR on cloud and manage remote teams efficiently while ensuring business continuity. Rapid spread of Coronavirus has urged companies to implement a work-from-home model. … Read more
Top 6 HR Trends in 2020 – Transforming the Future of Work
This post highlights emerging top 8 global HR trends 2020 that you should know before heading into the next year. Latest Update – Future global HR trends for 2024 are also out, and you may read them to know what the future of HR may look like. As we near the end of this year, … Read more
Income Tax e-Filing for FY 2018-19 – Report Income from Other Sources in ITR-1
Income tax e-filing of Income from other sources is vital. This may be tax free and include investments, selling of property etc. Learn how to declare such income in ITR-1 For the latest income tax rules on new tax regime, visit New Income Tax Regime 2020 and Its Effect on Payroll ProcessingIndian Income Tax Department … Read more
24Q Form Filing – A Quick Guide on filing TDS Return Online
Do you have questions on how, when and where 24Q form filing is done? Here is a quick guide on TDS return filing. CBDT had extended the due date of 24Q form filing for FY 2018-19 from 31st of May, 2019 to 30th of June, 2019. What is Form 24Q? At the time of paying … Read more
Performance Management for Project-Centric Organizations
Over 90% of managers believe their organization’s performance management process does not correspond to the actual work done by their teams and consequently there is a significant dissatisfaction with annual evaluations! It has been observed that a large proportion of managers who give this feedback are from Project-centric organizations or companies where work is done … Read more
Income Tax Rules for FY 2019-20: Impact on your Financial Planning
For the latest income tax rules on new tax regime, visit New Income Tax Regime 2020 and Its Effect on Payroll ProcessingIn the Interim Budget presented on 1st February 2019, the Indian government has announced changes in the income tax rules for the financial year 2019-2020. These tax deduction rules are effective from April’19 onwards. … Read more
Exit Management, Offboarding Checklist & Exit Interviews – All on a Single Digital Platform
Exit Management Offboarding Checklist & Exit Interviews help in reducing attrition by analyzing data and making employee offboarding a good experience. Exit Management or employee offboarding is a process to manage the full and final settlement of employees when they exit from an organization. When an employee resigns, retires or is being terminated from work, … Read more