Friday, June 5, 2015

Why Resigned? ; 3 most Important Reasons



Why Resigned? ; 3 most Important Reasons


 
Said topic is a very common and important question; arrives when anyone decided to resign or depart from the company.


Only three reasons are behind the scene:

First – Family and Location

Second - Cultural Behavior of Company

Third – Seniors or Reporting Managers


3. Let’s begin with Third one first.  Most of 80% cases resigned due to behavior issues of their seniors or Reporting Managers,


2. And rare cases 10% due to second one cause. Every Good and Employee empowered Company having policies and procedures to perform best of best; it’s all about Company Culture,


1. And rare of rarest cases 10% are due to cause of Family and Location issues. Lots of good companies are love and believe to relocate their employees at their home locations.


Now, the gap is almost clear.


Instead of high attrition rate companies are required to manage their employees with proper staff engagement activities; jointly with their colleagues, seniors and reporting managers.


“Good points - Seniors or Reporting Managers are having their high level of confidence, energy and thought process. Boss is always right, where a concept makes seniors to be behaved like a boss. They are having their own reputation in front of staff, colleagues and Company.”


But a soft corner always to be there for their Junior, colleagues and employees. Most of times junior employees are hesitate to ask repeated questions, doubts and concept to their reporting managers due to their behaviors like looking sense, talking sense, sense of answering the doubts or questions, shouting in front of staff etc. Seniors has to be understood that performance is a team work and same will be Zero if junior team will not work or not perform.


Seniors should be proactively participating and to be answered well to their junior employees and colleagues for their any doubts or questions related to assigned work or task.


Good time has to be spending with vertical junior employees or colleagues. Junior will perform too actively if feel independent and familiar work environment.


May be Junior will be Boss if teach by a Boss. So behavior must be like a Boss not as annoyed.


A matured perfect bonding plays a biggest role with employees after Success.


A Boss who creates another Boss.

Saturday, May 30, 2015

EPFO-Instructions For Deduction of TDS on Withdrawal from PF

Instructions For Deduction of TDS on Withdrawal from PF


WEF 01-June-2015, EPFO shall start deducting TDS at the prescribed rates from the amount withdrawn by the members from their EPF A/c before completion of 5 Years membership under following circumstances.
Please note that tax incidence would arise only if a member is withdrawing his PF before completion of 5 Years of his membership with EPFO subject to following:

A. If PF withdrawn is more than or equal to Rs. 30,000/- then TDS shall be deducted.

B. If PF withdrawn is less than Rs. 30,000/-, the TDS shall not be deducted..

C. If PF withdrawn is more than or equal to Rs. 30,000/- and if member attaches his PAN card copy with Form 15G/15H duly signed by the member then TDS will not be deducted.

D. If PF withdrawn is more than or equal to Rs.30,000/-, and if member attaches only a copy of PAN card without Form 15G/15H, then EPFO shall deducted  TDS @10%.

E. If PF withdrawn is more than or equal to Rs. 30,000/- and if member do not attach PAN Card copy and Form 15G/15H, EPFO shall deduct TDS @ 36.608%.


(In Short of point C, D & E)

If PF withdrawn is more than or equal to Rs. 30,000/-
PAN Card Copy
Form 15G / 15H
TDS Deduction Status
Attached
Attached
No Deduction
Attached
Not Attached
TDS Deduction @ 10%
Not Attached
Not Attached
TDS Deduction @ 36.608%

Click here to get a copy of  "Gazette Notification with EPFO Web Circulation Letter" for further complete information.

 

Friday, May 29, 2015

HR and Mobile Technology


HR and Mobile Technology


HR and Mobile Technology
We are in the world of economy and corporate where HR plays big rolls to accommodate capitals.

Technology always changed and today’s scene says “Yes it’s compulsory for us to make compact our life styles”.

As per recent research on the “Uses of Mobile Technology by HR” is Rare. And due to that the technology Gap is playing a negative roll with HR.

A. HR Management System,
B. Human Capital Management and,
C. Social networking

These are the three most important trends where technology runs a big game to make things simple and oriented. Mobile Technology will turn you around the world.

Mobile technology making enrich to the world and human beings, in daily life using various type of applications instead of using Desktop or Laptop cause mobile is first. Technology making life compacts.

HR is to be Mobile friendly to keep trends up-to-date and upgrade before the generation gap.

Result always depends on the accuracy and consistency, where mobile technology or technology gives the same.