Hi all,

I'm working as an intern in one of the top 5 manufacturing companies, so there's a lot to learn. I'm a bit confused about selecting my project. Please advise me on a good topic and provide some guidance because I have an open field to explore during my internship period.

Regards,
Phani

From India, Visakhapatnam
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You can choose payroll system as it is pretty wide in scope. It entails many things which will not only give you exposure but also will make you a better management guide.
From India, Secunderabad
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Hello Mr. SRK,

Thank you for your advice. I will surely do some background work on payrolls, and I'm also interested in other concepts. Please advise me on other concept-related topics.

P.S. Is this topic regarding compensation? Most organizations prefer to keep it secret, right sir?!

Regards,
Phani

From India, Visakhapatnam
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Hello Phani,

The payroll system involves the accounting and calculation of payments to employees. It takes into consideration several factors, including salary, bonuses, deductions, incentives, and even appraisals. Nowadays, businesses are increasingly outsourcing their payroll functions to third-party firms and software, making it no longer a big secret. By studying the payroll process, you will learn about the statutes that govern payroll as well as management aspects. Therefore, it is a comprehensive area of work.

From India, Secunderabad
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