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Showing posts with the label Human Resource Consulting

Watch Out For These Common Mistakes While Processing Your Payroll

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We know payroll processing is no cakewalk. There are a lot of planning, execution and implementation of statutory guidelines that go into processing an organization’s payroll. And no matter what they say; even budding or mid-sized companies these days are facing the struggle! This brings us to one simple question- how can we make the entire ballgame we call payroll more efficient yet effortless? To begin with, we recommend outsourcing payroll services that can eliminate some of the most common payroll processing mistakes that organizations today make! Want to know what they are? Here goes- Discussing Groundwork Planning and creating a blueprint for your payroll process accounts for up to 50% of the entire process, something that companies spend limited resource and time on. Even when companies do plan their payroll it often lacks the depth and precision needed to get a crystal clear picture.  On the other hand, our Payroll Outsourcing service in Bangkok takes out the time to crea...

What is the point of having an HR Department?

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 It is a worthwhile question to ask and one that comes with a wide variety of responses. When meeting with senior business management it is one of the questions I am most interested in hearing the answer to because, invariably, that answer provides the context for all subsequent discussion. It is my firm belief that the point of having an HR department is to ensure that the business can attract, develop and retain high performing, high potential staff. If an HR department’s activities and resources are not primarily focused on attracting, developing and retaining high performing people, senior management should be asking themselves and their HR director  “why?” Now, attracting, developing and retaining high performing people is easier said then done. To take “attract high performing people” as an example, what are the elements that need to be in place? Attract in this day and age of a severe skills shortage, incre...

What Are The Benefits Of Outsourcing Payroll?

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Payroll outsourcing  has a list of advantages and plays a crucial part in the international business strategy in 2021. Offering this essential part of the business to a third party will help you save time, cost, and money to get peace of mind. Due to this reason, an increasing number of enterprises and small businesses are outsourcing their payroll function to get the best and most satisfying outcomes. Incorporating in-house   payroll outsourcing services   is always a loss for your company, and outsourcing it will always give you incredible benefits. Let’s look at the benefits of outsourcing payroll. Here are 3 Benefits of Outsourcing Payroll: 1 Save Time and Cost Are you running a business? If yes, then saving time is money for your business. Payroll in-house is time-consuming and requires a lot of effort, costs and attention to witness exceptional outcomes.  Payroll Outsourcing  is a good fit for your organisation, business and enterprise to give you the most...

Is outsourcing payroll cost-effective?

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Payroll outsourcing   service   is a great option that helps in reducing your overall organization costs. When you think of hiring a third party payroll outsourcing service, two questions come to your mind, Is it cost-effective? Why payroll outsourcing helps in reducing cost? Every day, many entrepreneurs and businesses are choosing  payroll outsourcing  as a good alternative. In this way, the company focuses on other main business activities, which will help them enhance overall growth. Whether it be productivity, operational cost, or time optimization, outsourcing allows you to enjoy incredible benefits and give you an essential decrease in expenses. What is Payroll processing outsourcing? Outsourcing is an activity that is designated to a third party for the fulfilment of the service. Monthly payroll processing is one of the crucial and complex bureaucratic administrative routines that all companies perform in compliance with legal requirements. Payroll outsourcin...