Payroll Management

Nabila Habib

While payroll is the list of employees and their compensation, it is hardly ever this simple a list. Payroll is a major expense for a company. Falling under the purview of the Human Resource Department or the Accounting section, the process of payroll includes a set of components that can be outsourced to companies specializing in the service or can be handled by cloud-based software. Handling payroll is a necessary, resource-consuming business that is often outsourced due to the advantages of such a setting.

The payroll process includes tracking hours worked by employees and calculating their payments. Then the payments are distributed to the employees via a check or direct deposits. While this is the simplified version of the process, before the payment distribution a lot more can happen. Aspects associated with payroll are medical insurance, social security, record-keeping, and accounting.

Small enterprises easily manage their own payroll system. However, the complexity of the accounting section increases with the growth of the company. Taking care of payroll for a large company with hundreds of employees can become a chore too big for a few personnel to manage. This is when help is needed to tackle this aspect. The help can come in the form of an outsourced company specializing in handling payroll for other firms or using a tech-based solution.

Specialized companies handle the payroll and take over the tasks of paycheque calculation, tax compliance, insurance, and employee benefits. Outsourcing this responsibility to them streamlines the internal workings of the main firm and a large number of employees can easily be paid in time. Depending upon the requirements, payroll companies often have a flexible menu of services. They can be asked to produce reports that ease the accounting process and ensure the firm is working within the legal and tax requirements.

Firms handling payroll for large companies make use of Fintech to make things easier for them. They use software and cloud-based technology to integrate different responsibilities for a cohesive streamlined output.

IT Recruitment, Training & HR Payroll Services in India

Nabila Habib

Indian IT Scene

The remote workspace is mushrooming in size and India is one of the forerunners in offering remote workers to organizations spread over all corners of the globe. With over four billion-strong workforces, India rules a big chunk of the remote workforce.

Indian IT workforce is actively growing and increasingly becoming recruitment of choice by companies big and small. Indian technical talent is currently among the top three most in-demand skill areas. For a growing number of firms based outside India, the Indian technology workforce is a go-to talent pool where they look to hire their tech team to scale and grow their firms.

A firm like Sevendyne – with strong connections in the Indian workforce ecosystem – makes this prospect easy and transparent with its recruitment and Human Resource Management services.

Scaling business in a new country can be a time-consuming responsibility and this is where firms like Sevendyne play a crucial part. Managing a new tech team in a new locale has its unique demands and problems that can be arduous for a foreign company. A local firm that offers to take away such non-core activities from the recruiter can leave them to concentrate on the company’s core responsibilities and perform better.

This kind of outsourced responsibility has a number of advantages.

Remote Hiring

Remote Hiring

An Indian recruitment and staffing service firm can study the needs of its clients abroad and select the most competent and specialized talents from its vast network inland. Services with complete transparency and step-by-step appraisal let the client choose their pick from their bases. When the tech team is selected, a streamlined onboarding process reduces time, leaving the clients free to begin their business process in a relatively shorter duration.

Human Resource Management

HRM

Managing employees working in a foreign place can be full of hassles where red tapes and differences in international laws come into practice. It takes care of all procedural processes like talent management, payroll processing, performance evaluation, compensation analysis, performance appraisals, time tracking, leave management, and compliance with the laws and regulations of the employee’s local statutory authorities, including taxes.

For foreign companies pursuing the prospects of expanding their business in India, the HRM menu of Sevendyne also contains cost-effective services for insurance, benefits, and risk management.  

Corporate Training

Corporate Technical Training

Corporate training are a way to assure the employees are acquiring skills required in moving forward in their careers and in the growth of the company. Sevendyne offers technical training that is customizable according to the need of the time and requirements of the client.

In the modern digital world, Indian technical talents are becoming more proficient than before and the world is already taking notice of the Indian technical talent pool. With world-class technical education available here, the availability of eligible talents here is a veritable well of opportunity for foreign firms looking to expand their horizons and mark their address pin on the Indian subcontinent.

Digital Marketing

Every business wants to become successful in this world. Giving proper attention to marketing is very important. Digital marketing is one of the top marketing techniques available now. Digital marketing comprises of developing websites, banners and advertise using SEO, paid campaigns etc. It’s one of the most successful marketing tactics available now. 

SEO is one of the most important of digital marketing strategy. It helps to add search keywords in websites and also to add links and contents into popular websites like Quora and Reddit . 

Another way of digital marketing is creating a presence in the social media . Social Media help to reach millions of communities at one go, like Facebook and Instagram. Another way is Google Ad-words, which helps to list the business on top search engine results. Email marketing is another strategy that helps to reach millions of email subscribers via Mailchimp and other email automation tools. 

While most of the world has gone digital, marketplace has shifted base too. Digital marketing is a basic requirement for any business to be known and to grow.

10 Ways to Change Your Programming Game from Mediocre to Brilliant

Programming is a work or art. A computer program is not meant to tell computers to do a specific task; rather, it is meant to show users how to handle tasks perfectly.

A good program should be easily understandable. Developers need to produce working software that’s easy to use. We need to invest more time in designing, reviewing, and testing the code than actually writing it.

Taking unit tests or other kinds of tests is not a waste of time, it improves quality and performance.

A developer who doesn’t find the obvious defects is never going to shine. No one wants developers who only code. Always test your code before submitting it. You can write a few test cases to check whether your program runs perfectly in bad cases.

Every programmer must develop the below 10 qualities to be successful.

1. Good Programming skills in Object-Oriented Languages.
2. Strong Data Structures and Algorithms skills.
3. Basic web development – Hosting your site with a database (MySQL, etc) on a server.
4. Write Neat, Simple, and Modular code.
5. Contribute to Open-Source Projects – Learn how to use GitHub, fork projects, contribute patches and maintain code.
6. Basics of Machine Learning.
7. Open and assemble the components of a computer – know what each component does and how they fit together.
9. Learn how computer networks work.

10. Basics of security, vulnerabilities, and cryptography.

Producing working software that’s easy to use requires exactly this type of balance. How do you balance your time between designing, reviewing, and testing code?

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