Self Improvement Site
On The Internet! Take the Self Improvement Tour
On The Internet! Take the Self Improvement Tour
Articles from Huang RenQun | Selfgrowth.com
- Using Outdated Payroll System Can Hurt Your Business - by Submitted on Jul 27, 2021 from Huang RenQunPayroll is one of those key business functions that organisations need to invest heavily in. After all, employees’ livelihood depends on timely and accurate disbursement of their paychecks. Simple as it may sound, the backend work in processing payroll is a myriad of complex ...
Views: 3 - Negativity In The Payroll Department? Overcome it! - by Submitted on Jul 25, 2021 from Huang RenQunPayroll processing involves taking care of your employees’ monthly cash flow and that seriousness alone can weigh down heavily for payroll staff. When getting down to processing payroll for each employee, it involves in-depth knowledge of local payroll laws and tax contributions, statutory ...
Views: 3 - Major Challenges of Leave Management - by Submitted on Jul 22, 2021 from Huang RenQunManaging employees’ leave applications is one of the most simple yet critical HR activities. HR has to ensure compliance with labour laws and the organisation’s leave policies, while balancing employees’ need to take time off. WHAT IS LEAVE MANAGEMENT? Leave management encompasses the ...
Views: 5 - Major Challenges of Leave Management - by Submitted on Jul 22, 2021 from Huang RenQunManaging employees’ leave applications is one of the most simple yet critical HR activities. HR has to ensure compliance with labour laws and the organisation’s leave policies, while balancing employees’ need to take time off. WHAT IS LEAVE MANAGEMENT? Leave management encompasses the ...
Views: 5 - Web-based Payroll: Should You Make the Switch? - by Submitted on Jul 21, 2021 from Huang RenQunIn today’s digital era, most HR departments would have ditched paper processing and successfully gone digital. While there may still be a handful of companies out there that are still using a paper-based payroll system, it is clear that those who embraced technology are reaping the ...
Views: 6 - Key To Winning The Battle For Talent - by Submitted on Jul 20, 2021 from Huang RenQunThe 2019 Deloitte Global Human Capital Trends has identified 10 human capital trends for organisations to focus in order to create meaningful impact on employees in the organisation. Two of these trends: learning and mobility resonates strongly for human resources leaders today. According to ...
Views: 9 - Improve Your Payroll Process in 7 Steps - by Submitted on Jul 16, 2021 from Huang RenQunPayroll is a highly critical business function in any organisation. One wrong calculation or a slightly delayed salary disbursement may result in unhappiness ensuing amongst employees. When payroll mistakes happen on a recurring basis, this causes employees to feel financially insecure in the ...
Views: 9 - Why Businesses Need To Find The Right Outsourced Payroll Partner? - by Submitted on Jul 12, 2021 from Huang RenQunOrganisations turn to an external payroll service provider to support their payroll functions for a variety of reasons – some may want to free up time spent on administrative tasks, some strive to maintain high accuracy of their payroll calculations, others may feel that it is more ...
Views: 12 - Say No To The Inflexible Working Environment - by Submitted on Jul 07, 2021 from Huang RenQunOnce considered a taboo in the Asian working culture, flexible work arrangements is now garnering a lot of traction in the workplace in recent years. Based on the report, Work-Life Design, The New Balance, by recruitment specialist Kelly Services, “70% of talent in Singapore see flexible work ...
Views: 14 - Say No To The Inflexible Working Environment - by Submitted on Jul 07, 2021 from Huang RenQunOnce considered a taboo in the Asian working culture, flexible work arrangements is now garnering a lot of traction in the workplace in recent years. Based on the report, Work-Life Design, The New Balance, by recruitment specialist Kelly Services, “70% of talent in Singapore see flexible work ...
Views: 14 - Say No To The Inflexible Working Environment - by Submitted on Jul 07, 2021 from Huang RenQunOnce considered a taboo in the Asian working culture, flexible work arrangements is now garnering a lot of traction in the workplace in recent years. Based on the report, Work-Life Design, The New Balance, by recruitment specialist Kelly Services, “70% of talent in Singapore see flexible work ...
Views: 13 - 4 Steps For Changing Your Payroll Period - by Submitted on Jul 04, 2021 from Huang RenQunSalary disbursement frequency is a critical issue to both employees and management. The management has to implement an efficient pay frequency that minimises cost as well as being in line with statutory requirements. Moreover, employees need a robust pay schedule that they can rely on so as to ...
Views: 13 - Everything You Need To Know PDPA And GDPR: What Is The Difference? - by Submitted on Jul 01, 2021 from Huang RenQunGDPR? PDPA? These terms may sound unfamiliar to those who are not in the HR field but not foreign to HR and even Compliance professionals. What is personal data? Before diving into the specifics about GDPR and PDPA, the first step is to understand what constitutes personal data and why it ...
Views: 16 - 4 Top Tips For Happier And Productive Employees - by Submitted on Jun 21, 2021 from Huang RenQunGiven that we are midway through the year, the time comes of the annual mid-year performance review. For managers and HR, it could also be a dreaded period given that it is when employees voice out their unhappiness and dissatisfaction within the organisation. According to Mercer’s Singapore ...
Views: 26 - 4 Tips On How To Make A Wise HR Software Purchase - by Submitted on Jun 17, 2021 from Huang RenQunWith the slew of HR software in the market today, it would come as no surprise for organisations to jump onboard the HR software bandwagon. After all, HR software brings about a plethora of benefits to organisations – automation of administrative tasks, integration of the HR and Finance ...
Views: 28 - 3 Ways Payroll Innovation Can Drive Business Success - by Submitted on Jun 16, 2021 from Huang RenQunWe live in a world of technology, where it has advanced to every aspect of society. This is most noticeable in businesses, where companies rise or fall due to the successful (or unsuccessful) adoption of technology and software. Nonetheless, most companies regard these technological disruptions ...
Views: 28 - Digitizing Your Workplace – The Why And How - by Submitted on Jun 14, 2021 from Huang RenQunGone are the days whereby employees have to deal with stacks of papers and folders on their office desks. With the rapid advancement of technology, offices today are increasingly shifting towards a digital workplace – automating administrative tasks and replacing business operations with ...
Views: 32 - 5 Useful Tips To Help Managers Retain Productive Employees - by Submitted on Jun 14, 2021 from Huang RenQunProductive employees are a valuable asset to organisations, particularly when turnover rates are disturbingly high. While employee retention strategies primarily falls on HR’s responsibility, managers have a major role to play in these employee retention strategies as well. Given that ...
Views: 25 - 3 Tips To Deliver A Better Employee Experience That Drives Engagement - by Submitted on Jun 10, 2021 from Huang RenQunIn recent years, employee experience has been a focus of attention for both HR and senior leaders across organisations. However, to understand how this translate for employees, the key is to ascertain the existing state within the organisations. According to Ernst & Young’s Is the employee ...
Views: 26 - 3 Ways To Pay Employees In A Small Business - by Submitted on Jun 09, 2021 from Huang RenQunPay day is undoubtedly the one of the few days in the month, besides the weekends, that employees eagerly look forward to. However, when employees do not receive their pay on time or discover that they have been paid less than what they should be getting, it will certainly result in frustrated ...
Views: 28 - 4 Ways To Set Up A Payroll Calendar And Sticking With It - by Submitted on Jun 08, 2021 from Huang RenQunIn payroll, it is all about the dates. For employers and HR, this means deciding on a payroll schedule to dictate how frequent to pay employees. Once a payroll schedule is decided, it becomes easier to set up a payroll calendar to facilitate timely salary disbursements. Payroll schedules for ...
Views: 26 - Sowing seeds of success with HR transformation - by Submitted on Jun 07, 2021 from Huang RenQunIn every profession, the debate is whether man or machines will win the race. Like all other professions, HR jobs are at a threat. In this age of digitalization and social disruption, traditional HR is irrelevant for today’s era of business. If HR professionals do not step up to evolve with the ...
Views: 28 - Payroll Fraud Is Real And Why SMEs Are Most At Risk - by Submitted on Jun 04, 2021 from Huang RenQunBroadly defined, payroll fraud is the theft of cash from a business via the payroll processing system. Contrary to popular belief, payroll fraud is a widespread issue that is not defeated by technology. Rather, technology is the main perpetrator of payroll frauds. With the rapid advancements ...
Views: 30 - Building A Fun Company Culture in Which People Can Flourish - by Submitted on Jun 02, 2021 from Huang RenQunWork and play are two words that never go hand in hand. For all our lives, we have been taught to “work hard, play hard”. However, can fun be etched in work itself? Creating a fun company culture is a great attraction and retention strategy. Besides that, it improves engagement levels within ...
Views: 30 - 4 Effective Ways To Avoid Late Salary Payments - by Submitted on May 31, 2021 from Huang RenQunNo employee wants to receive their salaries late. Not only does it have downstream impacts on their finances and personal budgeting, it also creates an unhappy and disengaged workplace culture. One instance of late salary payment can cause employees to undermine the reliability of their ...
Views: 28 - Top 4 Challenges HR Face With Disparate HR Systems - by Submitted on May 27, 2021 from Huang RenQunIntegrating separate HR systems such as payroll, HRIS or e-leave has numerous advantages – HR information is being consolidated onto one platform and can be easily imported and exported; reports can be easily generated to assist with decision making and pattern spotting; HR processes are more ...
Views: 30 - 4 Powerful Ways To Invest In Your Employees For A Business Owner - by Submitted on May 27, 2021 from Huang RenQunWorkers form the basis of any successful organisation. In order to keep your employees engaged and empowered, it is critical for the organisation to invest in your workers. When it comes to investing in employees, larger companies and unicorn startups certainly have the upper hand. From ...
Views: 37 - 10 Traits To Look For When Hiring Payroll Professionals - by Submitted on May 24, 2021 from Huang RenQunMost organisations are aware the accurate and efficient payroll is instrumental to the organisation’s success. However, with the intricate and complex regulatory payroll landscape, payroll remains a highly specialised and complicated business function. Payroll staff need to be able to handle the ...
Views: 30 - 3 Ways To Success In Your Digital HR Initiatives - by Submitted on May 21, 2021 from Huang RenQunToday, there are numerous organisations implementing various digital HR initiatives within the workplace. At the same time, there are numerous business software vendors promoting and advocating the positive impacts that their HR technology bring about. More often than not, these HR technology ...
Views: 32 - Rewards & Recognition: The Balance Between Personalization & Automation - by Submitted on May 19, 2021 from Huang RenQunOrganisations today are entering a new era of disruption. Today’s workforce is highly exposed to technology, whereby technology is “expected” to automate processes and bring about a slew of advantages to the workplace. Concurrently, the workforce is also witnessing a change in employee ...
Views: 28 - Competitive Pay & Good Managers – Key To Millennial Retention - by Submitted on May 19, 2021 from Huang RenQunMillennials – the notorious generational bunch, known for their different workplace values as compared to the Baby Boomers and Gen Y. They are infamously known for their job-hopping trend, chasing after trendy employee perks and fatter paychecks. Yet, organisations are willing to “succumb” to ...
Views: 36 - 4 Things To Consider For Your New Subsidiary Company - by Submitted on May 14, 2021 from Huang RenQunNow that your organisation has decided to un-merger itself or breakaway from the parent company, what are the next steps? There are bound to be a lot of restructuring amongst and within departments. One pain point would be the handling of payroll under this new circumstance. Given that a ...
Views: 32 - Employee Experience Should Be A Priority For Every Business Leader - by Submitted on May 10, 2021 from Huang RenQunEmployee experience reflects the changing nature of work. Employers today are recognising that people are their most important assets and that they must reimagine every aspect of work – from recruitment, onboarding to job evaluation, collaboration, perks and the work environment itself – or risk ...
Views: 44 - 3 Key Considerations For In-House Payroll Processing - by Submitted on May 09, 2021 from Huang RenQunWhen it comes to running a business, there are some business functions that cannot be compromised. One of them is payroll processing. There is nothing more important than ensuring a well-managed payroll system. Ensuring that payroll is executed well goes beyond utilising a robust payroll ...
Views: 37 - Do’s and Don’ts of Smart Payroll Management - by Submitted on May 09, 2021 from Huang RenQunPayroll is often one of the biggest expenses for any organisation. Hence, it is crucial for organisations to ensure that it is accurate and disbursed to employees on time – or risk unhappy employees. There is no denying that payroll is a complicated business. The complexities of processing ...
Views: 37 - Managing Payroll In The Post COVID-19 Workplace - by Submitted on May 09, 2021 from Huang RenQunThe COVID-19 pandemic has disrupted labour markets globally in 2020. The short-term consequences were severe – people lost their jobs, small businesses struggled to stay afloat and employees scrambled to adjust to remote-working arrangements. At the same time, we also saw how organisations ...
Views: 36 - 4 Common Wage Mistakes That Small Businesses Make - by Submitted on Apr 29, 2021 from Huang RenQunStarting a business can be a daunting task, particularly when it comes to paying your employees, contractors and freelancers. Remunerating your full-time employees is relatively straightforward, given that the only additional cash components to be included would be their bonuses, fixed ...
Views: 43 - 4 Tips To Create A HR Technology Strategy For Your Company - by Submitted on Apr 28, 2021 from Huang RenQunThanks to the ever-growing innovation, technology has rapidly transformed the way HR professionals do their jobs today. HR professionals are constantly urged to leverage on technology to support and enhance the efficiency of HR processes. Moreover, more companies are keeping in sync with this ...
Views: 43 - 5 Tips To Ensure The Security Of Payroll Records - by Submitted on Apr 28, 2021 from Huang RenQunIn this day and age, payroll record-keeping is becoming a high priority for organisations. As an employer, it becomes their responsibility to securely manage sensitive payroll records and employee data, along with securely storing this confidential information. What are payroll ...
Views: 42 - Why You Shouldn’t Track Expenses In Spreadsheets - by Submitted on Apr 19, 2021 from Huang RenQunRegardless of whether you are managing a small startup or large corporation, every dollar and cent counts. This means that tracking of the company’s expenses is integral in managing the finances and profit efficiently. Inaccuracies in numbers and data can have a significant impact on the ...
Views: 51 - Advantages of Multi-Country Payroll Outsourcing for Global Companies - by Submitted on Apr 08, 2021 from Huang RenQunThere was a time in the dim and distant past when all payroll processes were handled manually, but this was one of the first areas of business to be outsourced and automated, and it’s not hard to understand why. Asia’s booming business hubs have attracted a spectrum of international businesses, ...
Views: 66 - Payroll For Part-Timers In Singapore: 5 Things You Need To Know - by Submitted on Apr 07, 2021 from Huang RenQunWith the evolving work arrangements in our workplace today, companies can expect more flexibility when it comes to the working structure. As such, there is a growing market of freelancers and part-timers. As hiring part-timers is becoming a common affair, here is what you need to know when ...
Views: 70 - 5 Useful Tips For HR To Manage Payroll Efficiently - by Submitted on Apr 06, 2021 from Huang RenQunThe HR department is often overlooked as a critical business function. In fact, the HR department plays an integral role in managing human capital within the organisation. Essentially, they are the ones that drive the heart of the organisation – the employees. Apart from overseeing core HR ...
Views: 78 - 3 Things You Need To Know To File Your Employee Taxes Correctly - by Submitted on Apr 05, 2021 from Huang RenQunRapid urbanisation has opened up a wider range of job opportunities and mobility within the workforce. While this is certainly beneficial for organisations, it also puts a strain on the HR department. Tracking payroll and statutory tax reporting becomes even more important and critical as ...
Views: 67 - HR Analytics: Unifying The Power Of People And Data - by Submitted on Mar 31, 2021 from Huang RenQunOrganisations today are relying heavily on people or workforce analytics as part of their business strategies. Yet, when we think of workforce analytics, images of large spreadsheets with seemingly endless rows of employees information will pop into mind. Even if organisations have a ...
Views: 94 - 4 Tips To Maximize Your Investment In Human Resource Management System - by Submitted on Mar 30, 2021 from Huang RenQunAfter several months of scouting around and deliberation, you have finally decided on a particular human resource management system. Several months in, the entire human resource management system is finally fully implemented and ready to be used. However, in order to fully reap the benefits of ...
Views: 82 - 4 Tips To Improve Your F&B Payroll Management - by Submitted on Mar 29, 2021 from Huang RenQunBeing in the food and beverage (F&B) business is tough without a doubt – long hours, never-ending customers, planning and updating your menus to follow the latest food craze. Coupled with the need to deal with suppliers while ensuring your F&B business stays profitable, it is no doubt a ...
Views: 94 - Payroll For New Hire – 4 Things HR Manager Needs To Look Out For - by Submitted on Mar 24, 2021 from Huang RenQunProcessing the payroll for a new hire can be complex as it consists of activities that must be completed before, during, and after payroll processing. When it comes to processing the payroll for a new hire, it differs from that of a regular employee. Most of the time, new hires come in at ...
Views: 93 - 5 Time Management Tricks To Boost Your Payroll Team’s Productivity - by Submitted on Mar 22, 2021 from Huang RenQunWhen you are managing a team, there are bound to be instances whereby mistakes are made or certain tasks are incomplete. And that is completely fine! After all, people do make mistakes from time to time. However, when it comes to payroll processing, mistakes should be kept to a minimum. If it ...
Views: 100 - 4 Latest Payroll Trends That You Will Be Curious About - by Submitted on Mar 18, 2021 from Huang RenQunIn Ernst & Young’s (EY) annual global survey of CEOs, they have identified human capital management as the single greatest challenge for long-term business growth. In fact, payroll cost is one of the biggest fixed costs that organisations are able to control. Yet few organisations are able to ...
Views: 107