• BFSI

    Top Human Resource Management Challenges That You Need to Look After

    The business world is constantly changing, giving rise to a number of human resource management (HRM) challenges. HR professionals have to perform tasks such as workforce planning, training and development, compensation and benefits, while handling legal issues, among other responsibilities. HRM can be a challenge for small businesses because most don’t have in-house HR departments to rely on. Here are eight HRM challenges that startup owners have to face. . 1. Attracting Top Talent: Attracting the best talent takes time, sound judgment and a whole lot of work. This is why this human resource task tops the list of challenges faced by HR professionals. To attract the right people for…

  • BFSI

    Top 5 Payroll Trends to Follow in 2020

    Employees today have more options than ever when it comes to choosing where to work. This is why business owners are going the extra mile and using the power of technology to attract and retain top talent. A carefully deployed payroll management system can help make a huge difference in keeping team members engaged and motivated in today’s highly competitive, employee-centric job market. Payroll outsourcing services are constantly looking for ways to revamp their existing payroll technologies. As the workforce continues to go digital, new payroll trends follow suit. Here are the top five payroll trends to look forward to in 2020. Trend 1: Pay Transparency: Pay transparency gives employees access to…