Posistrength Software Solution Private Limited Interview Questions and Answers

Processing payroll involves calculating employee wages, deductions, and taxes, and then distributing payments.

• Collect employee time and attendance data

• Calculate wages based on hours worked and pay rate

• Deduct taxes, benefits, and other deductions

• Generate paychecks or direct deposits

• Submit payroll taxes to the appropriate authorities

Payroll is the process of calculating and distributing wages to employees for their work.

• Payroll involves calculating employee salaries, deductions, and taxes

• It includes tracking hours worked, overtime, and bonuses

• Payroll also involves distributing paychecks or direct deposits to employees

• Employers must comply with labor laws and regulations when processing payroll

SAP HCM (Human Capital Management) is a software solution that helps organizations manage their HR processes efficiently.

• SAP HCM integrates various HR functions such as payroll, time management, and talent management.

• It allows organizations to streamline their HR processes and improve workforce management.

• SAP HCM provides tools for recruiting, onboarding, training, and performance management.

• It helps in tracking e...read more

The expected CTC depends on the company's budget and the candidate's experience and skills.

• The CTC can vary based on the company's location, size, and industry.

• The candidate's experience, skills, and qualifications can also impact the CTC.

• The CTC may include components like base salary, bonuses, benefits, and stock options.

• Research the company's salary range and negotiate based on your experience and skills.

• Be pre...read more

S3 is a scalable storage service provided by AWS. Key-pairs are used for secure access to instances. EBS volumes are block storage volumes for EC2 instances.

• S3 is a scalable storage service provided by AWS

• Key-pairs are used for secure access to instances

• EBS volumes are block storage volumes for EC2 instances