Generally, ‘audit’ is misunderstood as ‘inspection of mistakes’. However, it can be just the opposite and yet very interesting if auditors take a fresh look at the processes and procedures and suggest solutions in doing the same job in a simpler way. The focus of Audit as a process, therefore, should be on ‘quality improvement’ rather than ‘fault finding’.

As part of HR Audit exercise, we partner with the stakeholders of various HR processes, understand the policies and assumptions, and endeavour to redesign the processes to better suit the legal framework and the operational requirements of the organization. The HR Audit exercise also aims at simplifying the processes- as also documenting the ones that are not.

The growth of any organization depends on the talent it has. That again, rests on the processes it follows for the recruitment, communication with new recruits about their responsibilities and how the candidates fit in the larger scheme of things, to minimize the chances of expectation mismatch.

We take this opportunity to offer specialized recruitment services across wide ranging business functions. Our recruitment service is simple, yet value adding. It involves the understanding of your business and its hiring needs and based on the same, designing our search plan, perform the initial screening of the candidates and validate the credentials of the selected candidates by way of reference checks. As value added services, we also coordinate with the selected candidates in completing the joining documentation and share candidate’s feedback with the organization after a month of joining.

Those Organizations grow that are open to learning and development. There are institutions that lay emphasis on continuous learning at all levels. Learning targets are set, learning needs are identified, they are aligned with business goals and then they are delivered. Learning and development needs are short term and immediate. And they could be long term in nature which go on to build certain skill sets.

We possess the skill set to help organizations in identifying the learning and development needs, help design the learning and development plans and then deliver them. We follow up to ensure effectiveness of the programs. We help in building internal group of trainers. The learning and development process involve both internal as well as external platforms. We believe in learning and development through simulation and ensure that the application of learning starts from day one.

Compensation is an area that attracts the maximum attention of the employees. An effective compensation management and benefit program is one that reduces the operational efforts and maximizes the monetary gains.

While compensation management is usually seen as one of the most monotonous and unexciting jobs and thus receives a very limited dose of innovation and attention from the employers, it is the subject of utmost curiosity and importance for an employee.

We believe that if compensation management is well structured and understood completely by individuals, it can be the key differentiator between companies and serve as a strategic advantage. A nice blend of fixed and flexible, monthly and annual components confirmed and performance linked pay can bring out a structure that is addressed to the needs of individuals as well as the organization and yet remains SIMPLE.

One of the integral parts of Compensation is Payroll management. Timely and accurate salary processing and due statutory compliances is a basic hygiene that an organization is expected to follow.

We hereby offer you a complete payroll management outsourcing model which not only takes care of managing the monthly payroll process for your employees but also helps you reducing the routine transactional queries. We manage the payroll management function in complete totality – monthly processing of salaries and reimbursements, generation of various statutory reports, compliance management related to PF, ESI, Income Tax etc. and an online platform for individual query resolution. Our experienced payroll experts are available to you, to understand your requirements and offer efficient and workable solutions for your business in the area of Payroll management.

There are times when the Organizations require specialist HR services for specific interventions or projects that are generally time bound and not perennial in nature. It is always viable for organizations to engage a specialist entity for such one -time assignments.

In our journey so far, we have made a niche for ourselves specialising in quality delivery and execution of such tailor made HR assignments, ranging from Restructuring of HR Framework (Policies & Processes), Designing Compensation & Benefits Programs, Conducting Employee Satisfaction Surveys, Development and Implementation of Performance Management Systems to name a few. While delivering such kind of assignments, we partner with the organizations right through the entire life cycle of the assignment starting from conceptualising till the complete execution on the floor.

Our Total Rewards Solutions is an HR consulting practice focused on providing high impact, high quality, best fit customised solutions to its clients in the Total Rewards area.

The practice covers all key areas of Rewards, Recognition, Job Evaluation, Variable Performance Plans, Share Ownership, Market Benchmarking and Performance Management offering a holistic approach towards Total Rewards management.

Our Total Rewards Solutions is aimed at providing its client organisations with innovative, focused, flexible and future ready solutions, based on their current and future needs. Its goal is to ensure clients have the best reward solutions to meet their business objectives while in confluence with their business goals & organisation values.

Many organizations invest in creating a leadership pipeline that can address upcoming challenges. The focus for such a program comes from the top leader. However, today, across the globe we see a scarcity of effective leaders. Through structured and sustained leadership development programs, potential leaders in the companies can be taken to the next level of performance.

We at Folkfactor! believe in connecting such potential leaders in an organization and take them through a series of leadership development programs that would untangle their hidden capabilities. Such set of leadership development programs are long term investments and hence are long term in nature. Periodic feedback for such leaders helps them to stay focused on the path of their growth.

Statutory compliances are “basic hygiene” that an organization must ensure to follow. However, since this is not the core functional area, it often remains out of sight and therefore, incomplete. A proper statutory compliance under various relevant laws builds credibility of the employer and moreover helps in avoiding non-compliance issues – penalties, fines etc. which are more time consuming and expensive.

The scope of this solution consists of a detailed audit process of the organization covering the statutory aspects – to find if the required statutory compliances regarding the remittances of dues, filing of challans, submission of returns and maintenance of records (as may be applicable to the organization under various labour laws / statutes) are being done properly. We also offer outsourcing solutions to manage various statutory compliances, thereby reducing the transactional load from your organization / HR team.