Businesses change from time to time to meet the market dynamic. In some situations, demand will be at the peak, whereas in some order will be on a surge. In both cases, employees play a critical role in meeting business requirements, but the biggest challenge is to manage employees.

Consider the scenario when demand is on the peak, but the organization is facing a shortage of staff due to many reasons like sickness, personal leaves, resignations, retirements, lay-offs, maternity vacations, busines s expansions, etc. If an organization receives the seasonal project, then they go for  so they can release them when the project gets over. Temp staffs need to be managed by the internal HR dept of the organization from all aspects as per their regular employee, excluding a few facilities which they are not entitled to.

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In today's time, everyone is looking for ways to earn some extra cash. Unfortunately, a lot of people indulge in fraudulent activities at some level that can cost hundreds of thousands of dollars to employers. If we go by the stats, payroll fraud is one of the most common types of asset frauds found in the business world. It may take up to an average of 30 months to determine its existence and stop its spread. In this period, a significant amount of financial loss can take place, which can take years to compensate. Thus it is better to look for smart ways to prevent payroll fraud and nullify the effects before they can even start to take shape. Read more...

Managing a business is not only about handling routine operations. There are also many legal aspects that one has to care for, and non-compliance with the same may land the business in trouble. For every business in the present era, various statutory requirements have to be followed. Continue reading...

What does statutory compliance mean? Well, the compliance is all about a framework within which the business needs to operate. For every organization, it is necessary to meet specific requirements in terms of documents and papers that need to be provided to the authorities read more 

For the organizations, it is necessary to maintain the record of work and payment offered for the same. The certified payroll is a government form that lists every employee in a company. It also includes their wages as well as the benefits they are eligible for.

Think of the employee who has a family to cater to. This person has three dependents, one mother and two children. Every day, this employee comes to the office, works for 9 hours, and executes every task with efficiency. Sometimes, this employee also becomes the employee of the year because of their high performance.

For any organization, there are various norms set by different authorities. It needs to follow all the rules, which is called Statutory compliant. Salary has special norms that every organization needs to follow the most crucial factor. It is called payroll compliance. The payroll has got various parts, and each of them must be adhered to as per the standards set by the laws.

Do you know today 63% of businesses prefer outsourcing accounting services and only 23% perform in-house? Does it mean that outsourcing accounting services are simple?

Accounting outsourcing is not as simple as flipping a switch.

It is a well-known fact that the restaurant industry provides one of the highest employee turnover rates for the restaurant staff. If we see the stats of 2017, on an average, a restaurant staff stayed at a job only for one month and 26 days.

When you first started your business, you had this great idea in mind, or you just had the will to have something of your own. Hence, you picked the best industry you know in and started.