Year: 2021

reasons outsource payroll processes

Reasons to Outsource Payroll Processing of a Business

Fluctuating economic conditions and global uncertainties compel businesses to constantly work on ways to streamline business processes and remain cost-effective. If you outsource payroll Services, a time-consuming activity and a non-core business process, it can help in boosting business productivity and enable organizations to focus on more critical tasks. Also Read: Importance of Payroll Accounting Services The Importance of Payroll Processing Payroll is a particularly crucial task of an organization. Timely payroll processing is critical for ensuring that company employee …

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hrm vs hcm a complete guide

HRM vs. HCM – A Complete Guide

What is the definition of HRM? HRM is the acronym for Human Resource Management. HRM involves hiring people who are right for your business, managing them and attaining maximum productivity from them. The HRM software typically includes the following features of the Human Resources department in a company: Payroll Management Timings and attendance of employees Talent Management Recruitment  Administration of Benefits What is the definition of HCM? HCM is the acronym for Human Capital Management. In contrast with HRM, HCM …

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procedure changing company legal name uae

The Procedure of Changing Company Legal Name in the UAE

There may come a time when a company will have to change its name. The reason can be intentional or as a result of some external pressure such as your name being very similar to that of another brand. Regardless of why you need to change your company name, it is important to make sure you adhere to the correct legal procedures. The UAE has some of the strictest company name changing policies when dealing with both local and international …

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common issues hr outsourcing uae

Common Issues Surrounding HR Outsourcing in UAE

If you’re considering acquiring HR outsourcing services in UAE for your business, then keep in mind all information you’ll find in this article. HR outsourcing in UAE offers myriads of incentives. This includes the opportunity in saving resources, money, and time so you will be able to focus on the business’ long-term goals. However, there’s a number of drawbacks if the HR department of your business is shut down completely and you rely entirely on vendors in handling critical duties …

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important considerations payroll oman

Important Considerations on Running Payroll in Oman

Processing payroll manually in Oman isn’t possible; however, there’s a number of steps involved. With payroll processing, you are able to pay your staff. How you decide in paying them is where it gets complicated. There are several different payroll solutions that are fit for different kinds of businesses. From payroll service providers to more comprehensive solutions, it can be quite hard to know what is right for your business. If you have no experience in running payroll and your …

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tips payroll outsourcing companies dubai staying payroll compliant

Tips of Payroll Outsourcing Companies in Dubai on Staying Payroll Compliant

Payroll compliance is a very important consideration that has to be taken by the payroll and HR departments. There is a need to ensure the payroll team is protected, and the company as a whole, against administrative fines and penalties that stem from noncompliance with relevant payroll legislation. In addition, you want your employees happy and satisfied by distributing their wages on time while seeing that they have received the right amount in the process. In order to help you …

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