Hire on Demand HR Services

If you run / manage a not so big business, then you may ask – If you do need a Human Resource (HR) department for your business?

A more important question would be – If you have to address the needs of your Human Resources? The answer to this question would have to be a definite affirmative.

That brings us to answering some of the queries as,

There could be a simple project based answer to such questions and many more of them.

In short, to manage your day to day HR transactions you may not need a full time HR Department.

How is this system advantageous to you?

  1. You get more time to manage your own business.
  2. It costs much lesser than having a department all the while.
  3. We have the expertise of delivering these transactions over the last four years, so why not leave it to the experts.
  4. Get it done when you want to.  Get the transactions managed as and when it needs to be,  resulting in better efficiency.
  5. It has worked all this while, and through these recessionary times, we are yet holding on to our business.

To engage and know more on Hire on Demand HR Services, send a note to praveen@greyflex.com

Payroll Process Management (Payroll Services)

GreyFlex Payroll Transaction Process Management

GreyFlex HR Consulting Services offers Payroll Transactions and Employee Benefits Process Management as a part of its core solutions to the Corporate Sector. GreyFlex Consulting is currently engaged in managing payroll process for two high profile clients and manages these operations out of its Bangalore office.

Most businesses spend heavily on internal payroll systems, manpower and compliance.  Small and medium enterprises can save more than half of their annual payroll costs (cost advantage in excess of 50%) in having us manage  these transactions, with the additional advantage of easing the burden of compliance documentation.

GreyFlex’s Payroll Services is committed to provide an error free payroll computing and disbursal system, and has to its credit an experienced team of Human Resource and Accounting personnel managing this service.  This  effective  combination of professional service ensures that we cover the sensitive aspects of employee payroll and benefits administration. The services are designed to manage customized solutions to cater to the SME segment; these solutions are statutorily compliant, employee friendly and delivered on time.

GreyFlex Consulting is in the business of Human Resource Process Consulting for over 3 years and targets to reach INR 10 Million in revenues the current fiscal. GreyFlex Consulting services medium and large client corporations of international repute.

Right from commencement of the project, GreyFlex Consulting assumes being an extension of the client company’s HR and Accounting function and moves in very little time to assess and advise suitable solutions to customized requirements. These solutions are flexible to accommodate specific client requirements and carry a lot of flexibility in its process. Since we are privy to a large amount of confidential client data, we take utmost care to secure the data and the process. The focus of the process is to deliver cost effective, secure, error free process in line with HR policies and framework, aimed at client satisfaction with scope for continuous performance review and improvement.

Please contact us to take you through the process flow chart.

The Solution

  1. The pay-rolling solution offered by GreyFlex HR Consulting Services is a comprehensive package of devising / designing the compensation structure of employees based on the sector they work in; administer the process in time to save the client company its core resources; and manage an important employee sensitive business transaction and most importantly be cost effective than to manage it internally.
  2. The compensation structure design also keeps the best interest of employees in mind to get them maximum tax benefits and at the same time ensures the company does not end up paying much of Fringe Benefit Tax. The process of administering the Payroll is done at our office, managed by a team of HR professionals and Accountants, and this team works under the direct supervision of a Chartered Accountant.
  3. The client company will deal with just a Single Point of Contact (SPOC) and will have all the necessary transactions effected and management reports generated. The employees will contact the SPOC on all benefits administration related issues and the SPOC will keep the Client HR team informed of all issues and redress.

The Process

  1. Devise or understand (in case the compensation is structured previously) the compensation break-up in place for all employees and advice on new structure whenever they need to be effected.
  2. Integrate the employee benefits program and customize the solution for each client Company.
  3. Seek attendance for the month from the Client Company HR for each employee.
  4. Assign Pay parameters based on leave components if applicable.
  5. Prepare Pay advice for each employee; and consolidate the list for bank transfer, the day before the payroll date, and send it for validation to Finance Department.
  6. If required be; manage the logistics of sending such advise to the Bank to effect the transfer of Pay to employees.
  7. Prepare and process PF submission chalans (orders) and process with the PF office. Submit receipts of such orders to the company for records, with a copy retained with us for any future reference.
  8. Effect a similar process for Professional Tax and any Tax deduction at source.
  9. Prepare and process necessary submissions for medical / health insurance. Submit receipts of such orders to the company, with a copy retained with us, for any future reference
  10. Prepare and submit payroll report for HR / Finance Department of the client company for reconciliation.
  11. Revert and clarify on any employee query.
  12. Rectification of errors in the unlikely event of such errors occurring.
  13. Issue compliance forms and maintain statutory registers relating to labour compliance norms.

Recruitment & Staffing

GreyFlex HR Consulting specializes in the effective recruitment and selection of temporary and permanent staff. With each assignment we undertake, we strive towards learning and getting more conversant with the needs of the organization, based either on any specific position requirements or any specifications identified.

We have the expertise to provide our clients with the necessary skills, methodology and experience to meet their demanding requirements. Our interviewing and reference check techniques along with our objective assessments provide us with the basis for minimizing many of the risks inherent in selection.

Compensation Surveys

We own a large active database on salary components of personnel from different spheres of activity and continuously analyze them on current and future trends of compensation. We offer to our clients services on data generation, analysis and recommendation on compensation pattern for specific levels in these spheres of activity. We have to our credit a benchmarked survey report of frontline Corporate Sales Team, which is currently at practice of a leading Private Life Insurance Company.

Assessment Services

Relying on superficial attributes and interviews rather than factual assessment in recruitment, skill enhancement training and career development decisions can be inconsistent and can cost the business dearly. While popular belief and experience shows that no test can be 100% successful in predicting success in a role, attribute based test patterns can bring forth underlying characters and necessary attitude required for the success in jobs.

We customize services to our clients with the appropriate assessment patterns to choose a near ideal person for the role / job. Based on the client feedback we run the extra mile to develop and administer patterns and instruments to focus and identify the key attributes / traits and skills to serve the unique work environment.

Our expertise in organizational assessment offers our clients the assurance of positive, cost-effective results in selecting and using their valued human resources.

These tests are designed and administered to measure the ability to learn, understand instructions, and successfully solve problems based on acquired attributes. They measure mental ability, but may not test his gained knowledge.

Career Counseling & Academic Advancement Services

We specialize in offering information and counseling solutions to under-graduate and post-graduate individuals. GreyFlex Consulting over the years has fortified relations with some of the best academic and knowledge institutions across various academic streams and courses. We offer a personal touch to students seeking access to such institutions. Choose from a variety of stream and courses and educational institutions, and reach out to us to access them.

For more information and details write to pramod.kumar@greyflex.com