Any organization that employs 50 or more people must be particularly meticulous about payroll management and compliances. The salary slip is vital part of the payroll process. It is proof of employment as well as payment made each month to each employee. It is also important for employers since it shows payments made and deductions.
Labour law compliance refers to a set of accepted terms or conditions of employment. It refers to several regulatory compliances including minimum wages act, work men’s compensation act,contract labour act, factories act etc.
Business is tough in India. Apart from the business side, the company is also obligated to meet statutory compliance requirements. There are various Laws and Acts that the business must comply with or face punitive action. There are laws at Central level and there are State Government laws applicable to a business. Continue Reading
Employees are considered the best asset of any company. Still, employees are not managed well despite the presence of an HR department. Employee dissatisfaction can lead to reduced efficiency and productivity, especially when one does not take care of attendance. Continue Reading
Employees cannot be expected to work 365 days a year. Apart from the weekly leaves and holidays employees will find some reason to ask for a leave to attend to personal matters, due to ill-health or for any other reason. Enterprises may or may not grant leave depending on their policies. Manual process involves the superior officer either sanctioning or denying the leave. It could be time consuming and could also result in accusations of favoritism or prejudice. This is where automated leave through leave management software proves useful. Continue Reading
Employees are the best assets of any enterprise and need to be managed efficiently in order that they may give their best. Payroll and how it is managed can be a cause of satisfaction or dissatisfaction. It can directly affect employee performance and thereby have an influence on the company’s competitiveness as well.
Small companies with ten or fewer employees can get by with a manual payroll process. However, if a business employee fifty or more people then payroll preparation takes time and the delay could well lead to dissatisfaction. The solution is to go in for Payroll Software. Today one can get software that automatically calculates payments to employees in addition to a host of other functions. One can opt for basic payroll calculation software too or a sophisticated one with the latter proving to be far better.
Business relies on human resource, its best asset, for growth. However, there can be friction, especially in matters of payroll. If there are any errors in calculation then an employee develops a grievance and it affects his performance thereby affecting the company. Continue Reading
Outsourced Labour Related Statutory Compliance Services, in HR refers to the legal framework within which organizations must operate, in the treatment of their employees. Every country has several hundreds of federal and state labour laws that companies need to align with.
HRMS software’s are designed to provide companies with a single resource which is dedicated to managing and supporting all HR and employment processes, thus allowing them to focus on the key business areas.
The HRMS software addresses important Payroll Management requirements by aligning human resources and business strategies. It manages critical HR processes, thus bringing significant operational excellence and seamless integrated delivery.
Alps Consultants strictly adheres to the Labor Law Statutory Compliance policies of India, which stated simply refers to the legal framework within which organizations must operate, in the treatment of their employees. Alp has a unique distinction of maintaining a cent percent Labor Law Statutory Compliance record with regards to both its employees and its clients. Our strong focus on Labor Law Compliance in HR has inspired us to develop a highly sophisticated infrastructure designed to manage the diverse requirements of our clients across India. Alp has a great team of Legal and Labor law experts, who possess all the required expertise to address each and every aspect of Indian Labor Laws and Compliance. Alp solutions support every aspect of your HR strategy, right from recruitment and onboarding to training, talent management, payment and reward.