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Showing posts from December, 2022

Importance of performing Background Verification in the BFSI Sector

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The banking and finance sectors are the most important and pivotal in an economy because they are involved in every aspect of an individual's life, including their property, money, and investments. In the financial services sector, however, identity theft, accounting fraud, asset appropriation, and money laundering are synonymous. As a result, BFSI is the sector in which people most commonly misinterpret their credentials or fabricate resumes. That’s why performing background verification is mandatory. Although background verification services are becoming a norm across all sectors, banks and financial institutions conduct them at the level of the individual employee. With the increasingly complex security needs of financial institutions and the complexity of regulations surrounding financial institutions, it is crucial to carefully choose individuals who are qualified to handle the privileged information and financial resources of their clients and companies. When recruiting someo

How to Choose HR and Payroll Outsourcing Services

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Strong Human resources and the department itself are the backbones of the success of any organization. For a small or medium-sized company, it is difficult to devote an entire workforce to the task of  HR and Payroll management services .  It takes the necessary time that could rather be invested in the core business operations. So, it is advisable and a smart solution to outsource HR and Payroll management services to third-party providers. The question now is how to choose the right HR and Payroll outsourcing services. We have it all sorted for you. Here is how you take it to step by step and get your answer:-  The basic step to choosing the right HR and Payroll management service provider is to know your business needs beforehand. You have to first figure out the business areas that require assistance. The service providers provide a range of services from processing payroll to hiring the right employees for the job, training them and getting background checks, etc. make a list of t