Payroll services are the
most effective part of any business. Some business working on manually process
like employee attendance, leave, salary process, etc. However, the use of the
payroll services above all task is work automated, and you can grow your
business. It is a system by which employer maintain and keep the complete
financial record of the company. This includes details of the salaries of the
employee's, bonuses, incentives, deductions, and net pay.
It seems to be a
boring task but it includes many aspects like withholding of taxes from each
payment and making sure, that accurate fund should pay to the correct
government organization as due process established by law. At the same time,
this work is very important as well as brainstorming because a small mistake
can cost into a huge loss.
Features of the Payroll Services
• It manages information about the employees
efficiently.
• It keeps the records of payments, debits,
leave, etc.
• It creates a salary slip very conveniently.
• It creates and supervises the Payroll
Process based on the salary structure of a particular employee.
• It keeps the records of the attendance
/leave, payrolls, etc. of the employee.
Nowadays, many
companies use Payroll software because these Softwares make the work easy for
the companies having a large number of employee’s and it is not possible for them
to maintain the record of every employee manually. It is also practically
impossible. It simplifies the process of reporting, analysis and deals with the
complete financial process of a company, which includes tax payment, collects
employees PF and tax deduction, etc.
Job Consultancy
Nowadays, Job Consultancy in Bangalore is very
normal because these job consultancy companies have tie-up or contracts with
various companies to supply the workforce to the companies as per the
requirements. In return, these companies charge some amount in the form of
commission. Job Consulting companies advertise in newspapers or any job portal
as per the requirements of the companies.
Role of Job Consultant Companies
Job Consultant
Companies plays an important role in the end-to-end recruitment process:
• Prepare a Job Description according to the
mandate from the client.
• Do job posting on different job portals and
professional networking sites.
• Contacting the candidates through cold
calls or emails.
• Handle the queries of the candidates over
through phone or emails.
• Guide candidates about the jobs according
to their qualifications.
• Screen the candidates’ profiles according
to the mandate given by the client.
• Follow up with candidates and schedule
interview.
• Coordinate with HRs for interview feedback.
• Salary negotiations with selected
candidates.
• Sending offer letters to the candidates.
• Keep a strict follow with the candidates
until the time of the joining.
• Maintain cordial relations with clients and
candidates.
• Managing the client and candidates
database.
Moreover, in this
competitive market, no company has time to do everything on their own that is
why they hire these job consultant companies in the course of minimizing their
workload.
