Monday 30 December 2019

HRMS Labour Compliances

Managing Labour Law Compliances under Federal structure of governance is not an effortless task. The numerous labour legislations and frequent changes in labour laws in every state due to changing social and economic environment have made more difficult to keep abreast with all labour laws changes on real time basis.
Given these challenges the HR department often spend a disproportionate amount of time on HR Labour compliances, rather than focusing on Core HR functions such as strategic HR planning, transformation, change management, team building, risk management etc. Spectra Statutory Compliance Team consist of qualified professionals from varied background including Legal, Compliance, Human Resource and Technology.
Spectra provides wide range of HR Labour Compliance Services on PAN India basis through a team of highly experienced professionals and wide network of Local Associates and Partners having strong hold at local level liaison.
Spectra HR Labour Compliance Services are as follows:
  • Filling of Statutory Returns and Forms
  • Maintenance of Statutory Records and Register
  • Ensuring Statutory display / extract at notice board
  • Due Diligence / Labour Compliance Audit
  • Site Compliance / Contractor Compliance / Vendor Compliance Audit
  • Registration, Licenses and renewals
  • Department Liaison & Litigation
  • Labour Law Consulting

Spectra broadly covers the following statutory compliances under various Labour laws:

In recent times, Govt. Of India, Digital India Initiative have brought a paradigm shift in working style and has brought greater transparency, visibility into the systems which has left no scope for non-disclosures for anyone. Now it becomes mandatory for every company to ensure its site compliance / vendor compliance / contract ‘Labour Compliance’ are in place apart from routine compliances. We offer a complete end to end compliance solutions for site compliances / contractor compliances / vendor compliance.
Our vendor compliance process covers all compliance aspect under Contract Labor Act.
The Vendor compliances helps the principal employers in reducing compliance risks, bring transparency and visibility and helps in exercising better control and monitoring over contractors. In most of time the principal employer is liable for any non-compliance for its contractor / sub-contractor, therefore it becomes imperative for principal employer to push its vendor / contractor for compliances so to maintain brand value and to minimize statutory claims & departmental litigations. Know more...

HRMS Solutions

Spectra provides software licensing and delivery model popularly known as software as service (SAAS) in which software is licensed on a subscription basis and hosted on cloud. Where a company not interested in off-site payroll outsourcing for any internal reasons may opt for software as a service “SAAS” model and manages the payroll on its own by leveraging same technology and the same set of processes which are otherwise available in offsite payroll outsourcing. Spectra “SAAS” solution provides 100% data security, data accuracy and 24X7 access to company and its employees through internet protocol.
Spectra provides a comprehensive Human Resource Management Solutions popularly as HRMS / HRIS covering the complete Employee life cycle right from hire to retire. Spectra HRMS /HRIS Platform abetted the organisations to transform the HR processes from man driven to tech driven process by automating the entire employee life cycle right from Recruitment, Leave & Attendance, Offer Letter & Appointment generation, on boarding, employee documents management, payroll process, KRA’s , performance management (PMS) and exit interview etc.
Spectra collaborated and futurist approach sensed the need and power of information technology in the very early years when companies started thinking on the line of process automation by leveraging technology. Spectra timely collaborated its functional & process expertise with the technology through an IT Partner (Minerva Technology) to cater upcoming demand of industry for evolving technologies.
Spectra robust implementation process makes us different from others. Our functional and tech experts work closely with HR internal team for Go Live

HRMS- Implementation Process


Spectra functional and process expertise, and technology blends strengthen our commitment in delivering complete HRMS / HRIS solutions at low cost and minimum time frame. Our functional and tech team work with the HR team to transform the HR transactional operations into a seamless process and thereby helping HR to focus on core HR activities. Know more...

Tuesday 3 December 2019

Why we need Payroll Services in India?


Nowadays, payroll service is very important for every company. All organizations with representatives run a type of finance so as to get their staff paid. In today’s world, online method is used for payroll service which makes the process simpler and more convenient for everyone.
You have a little work in front of you. You need to pick the best payroll service for your company according to your needs and your company environment. Your company needs the best payroll provider on whom you can trust by providing your private data and depend for help.
Basic requirements for Payroll Services in India:
  1. Payroll includes the information with regards to the pay package of every employee for hiring.
  2. It will incorporate the quantity of days the employees were available for work.
  3. Computation of extra time
  4. Computation of leave and non-attendance.
  5. Computation of PF/ESI alongside retained assignment and others.
Along with these requirements, the pay of the individual worker is determined and paid for the specific timeframe.
you can see Related blog on Tumblr:- Payroll Services in Delhi NCR

Sunday 1 December 2019

Business Setup Services

Spectra give Business Arrangement Administrations in India on "Turnkey Procedure". We help remote speculator/business people/outside organizations to set up legitimate substance/open contact office/branch office and so forth to maintain its business tasks.

We embrace a definitive and comprehensive methodology while encouraging to set up any business element in India, which begins from starter dialog, the kind of business element whether association/Organization/LLP, determination of geographic state area in India, value investment regarding rate, industry type and so forth. We take of all procedural endorsement right of joining, enlistment and authorizing, lawful compliances so as to give a prepared to work arrangement in briefest conceivable time period. Our Business Arrangement Administrations are
provide a ready to operate setup in shortest possible time frame.

  • Incorporation of Companies / Partnership Firms and LLP (Limited Liability Partnership) on PAN India Basis
  • Setting-up Liaison Offices / Representative / Project / Branch Office of Foreign Companies
  • Liaison with Registrar of Companies, Company Law Board / Central Government, FIPB (Foreign Investment Promotion Board)
  • Registration under Employee Provident Fund, Employee State Insurance and Shop Acts / Factory Acts / Professional Tax / Labour Welfare Act etc.
  • Income Tax Registration for Permanent Account No (PAN), Tax Identification No, (TAN)
  • GST Registration / Customs Registration etc.
  • Providing Corporate Law Consulting and Compliances, ROC filling, Commercial Laws and Tax Laws
  • RBI Approval and RBI Compliances