To maintain stability and cooperation within the company, the government has designed specific lawsuits to ensure proper and fair treatment of employees and give them the authorized benefits. These laws are known as Statutory Compliance. Statutory Compliance Management is necessary within all the companies to make sure that all the payroll, taxation, and regulation processes are working under the legal framework. Managing compliance takes a lot of effort, time, and money. Therefore Organizations are looking forward to finding relevant solutions and expert advice to address this problem.
Lighthouse HRM's Statutory Compliance Management software provides the best solutions and guidance to manage the payroll and taxation processes. It comes with several features like real-time updates, alerts, reminders, an all-in-one dashboard, a comprehensive SaaS model, which is secure and risk-free.
A complete solution to manage statutory compliance through a single platform.
Better transparency and control through the enhanced dashboard
Get live reports, alerts, and set reminders through the mobile app.
All this with end-to-end support and counseling.
It helps in decison making faster as all the needful information is just a click away
HRM can be defined as the effective management of people in an organisation.
HR management helps bridge the gap between employees’ performance and the organisation’s strategic objectives. Moreover, an efficient HR management team can
give firms an edge over their competition.
Human resource operations contribute significantly to the success of an organisation. Hence, human resource management has emerged as a popular course of study.
Business consultants note that modern human resource management is guided by several overriding principles.
Another important principle, articulated by Michael Armstrong in his book A Handbook of Human Resource Management, is that business success "is most likely to be achieved if the personnel policies and procedures of the enterprise are closely linked with, and make a major contribution to, the achievement of corporate objectives and strategic plans
