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krithr.com > FAQs

FAQs

Got questions? We have got answers!

Why businesses need well designed cost-to-company CTC structure?

A well-designed CTC structure helps organizations manage salary expenses and follow labor laws with high accuracy. It also makes salary details clear for employees, improves fairness in the company’s payment system, and supports employee retention and satisfaction levels.

Which labor laws come under compliance services?

Labor laws are important rules that keep employees safe and help companies work properly. HR teams need to follow these rules carefully. PF, ESI, Gratuity, Bonus, Minimum Wages, Shops and Establishments, Factories Act, POSH, and Contract Labor are the general labor laws that are under compliance service.

What happens If a company disobey labor laws?

If a company does not follow labor laws, it can face many problems. The company may have to pay fines and clear old payments with extra interest. Legal cases can also be filed against the company or its owners. In very serious situations, there can even be jail punishment. That is why following labour laws is important, even if the mistake was not done on purpose.

Why are salary revision letters important?

These letters support effective documentation, transparency, and clarity. Salary revisions are essential. Salary revision letters formally notify employees of changes in their pay.

What services does employee onboarding include?

Employee onboarding services help new employees understand their job and the company. It includes completing joining work, collecting documents, and explaining company rules.

What do employee exit and full & final settlement include?

Exit services include managing resignation processes, statutory clearances, full and final settlement calculations, issuing experience letters, and maintaining compliance during employee resignations.

What is executive head hunting?

Executive head hunting focuses on finding senior leaders and specialized professionals through strategic planning, market research, and confidential engagement to meet the core leadership requirements.

What are RPO services in hiring?

RPO services mean taking help from experts to handle hiring work. They help find candidates, check their details, take interviews, and complete joining work. This helps companies hire people easily, faster, and at lower cost.

How does bulk hiring support scaling businesses?

Bulk hiring helps a business grow by hiring multiple resources in a short span of time. It follows a simple and planned way to find, screen, and recruit employees. This helps the company get eligible resources on time, filling the open job positions as required.

What is a skill matrix?

A skill matrix is a simple chart that shows what skills each employee has. It helps the company see who is good at which work and who needs more training. This makes it easier to plan training programs and use employees in the right jobs to support the company’s goals.

What does a performance management system include?

A performance management system helps a company check how employees are doing their work. It includes setting work goals, watching progress, giving feedback, and reviewing performance. It also helps plan learning and development so employees can perform efficiently in their respective functions.

Why are HR policies pivotal for organizations?

HR policies design workplace rules, employee rights, and organizational practices. Well-designed policies ensure consistency, legal compliance, transparency, and a better employee experience and smooth functioning of the organization.

Why do organizations choose Krit HR for HR services?

Krit HR provides top-of-the-league HR solutions, including compliance, recruitment, documentation, training, and consulting. Krit HR's trend-facing practices and highly qualified professionals help organizations reduce risk, increase efficiency, and align HR practices with company goals.

Which industries does Krit HR support?

Krit HR partners with industries like manufacturing, IT, services, retail, startups, and MSMEs to provide customized human resource consulting solutions based on specific organizational requirements and industry standards, across business growth stages.