In today’s challenging business environment, companies that can retain their top talent gain a competitive edge. With professionals changing their jobs frequently becoming a norm, employers need to prioritize employee experience. According to a Moneycontrol report, 15-18 months is now the new long-term for individuals. Earlier, staying in an organization for over 5 years was…
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Navigating Employee Flexi-Benefits: Do’s And Don’ts
Employers across industries are experiencing a shortage of skilled resources. A Manpower Group report disclosed that a whopping 75% of the companies are finding it difficult to fill roles. This talent scarcity is both industry- and company-size-agnostic. Interestingly, India is one of the leading countries where employers (81%) are finding it difficult to find the…
How Employee Meal Card Benefits A Company’s Culture
Employee engagement is a top priority for companies given their role in changing the fortunes of their business. A whopping 88% of employers claim that employee happiness is essential to company success, as per Deloitte’s survey. Companies are in fact prioritizing the physical and mental wellness of their workforce. Although the companies are fully aware…
Zaggle Multi Wallet Card: Your Key to Employee Tax Savings
Indians work an average of 47.7 hours every week, as per a report by the Indian Labour Organization (ILO). It typically comes down to over 9 hours per day considering a 5-day workweek. Given the time they spend at work, the onus falls on the employers to ensure workplace happiness for better productivity. Employees who…
Union Budget 2024: 7 Top Tax-Saving Tips For Salaried Professionals
Indian Finance Minister Nirmala Sitharaman has presented the Union Budget 2024 amidst big expectations and hopes. Experts are touting the financial bill as a ‘holistic growth engine’. The Budget 2024 highlights the government’s focus on the startup industry, skill development, and women empowerment. For salaried professionals, it brings a major relief as the budget announces…
10 Salaried Employee Tax Saving Tips That An HR Must Know For CTC Planning
Most companies underestimate the role of CTC planning in providing tax savings options for salaried employees. The responsibility is on HR leaders to devise a salary structure that helps individuals leverage maximum tax benefits. It will not only improve your employee experience but also help you establish a standardized compensation process. If you are an…
How To Start Tax Planning For Salaried Employees
For salaried individuals, a significant deduction comes from tax liabilities. Since most professionals only worry about tax when it is time to file IT returns, they end up losing a considerable amount. However, if they practice tax planning best practices, they could avoid last-minute hassle, while increasing their take-home salary. One major driver of this…
Old vs New Tax Regime: Which One To Choose for Increased Savings?
Most people hate filing for taxes. It is a tedious process that requires quite a bit of hassle in getting your documents ready and ensuring that all your calculations are spot on. One major factor that contributed to the complexity of tax filing as per the Indian Income Tax Act is the catalog of deduction…
HR’s Go-To Guide For Employee Benefits in India
Priorities of employees have taken a massive shift in the last couple of years. As per a Forbes report, 40% of companies believe that workers quit their jobs in favor of the ones that offer a better flexible benefit plan for employees. Given the importance of employee benefits, companies are formulating plans to leverage these…
