With 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: 1
One of the most important functions of any business is payroll. Employees need the assurance that they will be paid on a consistent basis without having to worry about delays. Timely payroll impacts every aspect of a business, from employees’ morale to the financial stability of the ... Views: 1
After all that extensive "shopping" for your payroll software and you have finally narrowed it down the selected few, how do you eventually evaluate which payroll software is best for your company?
Most of the time, these payroll software vendors will grant you a free trial or demo to test out ... Views: 7
Choosing a payroll software is never easy. With the plethora of fancy features offered by the numerous payroll software vendors, it might seem as if all of it could very well solve your payroll woes – or not.
To help you narrow down your selection, here are 6 essential features that any ... Views: 12
Human Resources (HR) today is transforming into a strategic business function as opposed to an administrative department. Among this transformation is the increasing adoption of data in driving human capital strategies. Ask any business leader today and they are all likely to mention the same ... Views: 11
Let’s face it – human beings are not exactly the best at remembering things. When it comes to choosing a password for work, we tend to opt for something convenient and easy to remember. Whether it is subconscious or not, the chosen password is more often than not the same as that of our personal ... Views: 15
Following two disruptive years thanks to COVID-19, the workforce continues to forge ahead – resilient and even more adaptable. Nonetheless, there are still remnants of disruption within the business landscape, such as supply chain shortages and the Great Resignation among others. Initiatives are ... Views: 18
At some point in time, employees are bound to leave the organisation. As you bid farewell to your employee when he or she leaves, how do you ensure that they do not take sensitive company information along with them?
In an ideal situation, people will leave the company under friendly ... Views: 23
The last year has seen a huge exodus of employees leaving their current jobs. Also known as the Great Resignation, the ongoing employment trends began in early 2021 across most countries globally. According to the U.S. Bureau of Labor Statistics, resignation figures peaked in April with a ... Views: 21
Processing 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: 19
Thailand, affectionately known as “The Land of Smiles”, is a popular tourist destination due to its sandy white beaches, delectable and fiery cuisines and bustling night markets. In recent years, Thailand has also been creeping up the list for businesses looking to expand within the Southeast ... Views: 20
The Great Resignation has given employees more bargaining power nowadays with a smaller pool of work talent. With that in mind, you should perhaps think about what are your next steps to your career path, and consider if you should work longer at your current role for more experience or if it is ... Views: 24
As the economy recovers from the brutal hit at the start of the COVID-19 pandemic, organisations in APAC are budgeting for pay raises across their workforce based on market sentiments from Willis Towers Watson’s 2021 Salary Budget Planning report.
Globally, most countries are projecting a ... Views: 28
Helping your new hire integrate into the company is imperative for long-term success. After all, your company’s onboarding process will eventually decide whether the new recruit stays in the long run or leave way before his or her probation period is over.
The first few weeks for a new hire ... Views: 26
Any business leader would know the biggest cost of running an organisation is labour cost. According to an article by Paycor, labour costs can account for up to 70% of total business costs. This includes employees’ salaries, benefits, taxes, and other payroll-related elements.
Given the huge ... Views: 29
Unconscious bias when it comes to hiring is difficult to root out. Essentially, it is almost impossible simply because it is an inherent part of human nature. Even when hiring managers and recruiters have completely figured out a foolproof plan on welcoming diversity within the office, an ... Views: 28
Workday is an on-demand financial management and human capital management software vendor. The corporation is known for its suite of applications that help clients with administrative yet complex business functions, namely Finance, Human Resources (HR) and IT.
WORKDAY CLOUD CONNECT FOR ... Views: 34
Preparing a Compensation Package Suitable For Young Talent
As more young talent enter the workforce, their outlook and demands differ from that of Gen X and Baby Boomers. Essentially, traditional compensation packages do not work with the younger generation. This strawberry-generation seek ... Views: 25
On the global stage of the business world, growth is good. The move towards globalisation allows organisations to take advantage of economic opportunity and a diverse talent pool. Coupled with the growing gig economy, there is almost no barrier to entry for someone to work for a company located ... Views: 29
With all the talks and buzz around artificial intelligence, automation and technology advances, the fear that these robots and genius technology will eventually take over our jobs is clear. The question that revolves around this technology is not whether they can automate our daily jobs, but ... Views: 29
Crisis management, as defined by financial content platform Investopedia, is referred to as “the identification of a threat to an organisation and its stakeholders in order to mount an effective response to it”
An effective crisis management strategy is imperative for any organisation. Even ... Views: 47
The COVID-19 pandemic has accelerated the way organisations work today. Many organisations have shown resilience and reacted and adapted quickly to new ways of working. Employees grew more creative and adaptable, and in the majority of cases, working from home has seen its fair share of ... Views: 83
With the proliferation of HR systems and payroll outsourcing, payroll processes are slowly being streamlined. However, before jumping onto the payroll software bandwagon, it is critical to assess your payroll processes. Is your HR system in-line with your payroll processes? Does your HR system ... Views: 60
In every workplace, there are times when even the most conscientious employees may find themselves dealing with issues outside of work. Such setbacks could come in the form of illness, a death of a loved one or a catastrophic event. The employee may find that the savings they are insufficient to ... Views: 57
Employee benefits has been top of HR’s list of priorities in recent years. As employees are increasingly taking charge of their well-being at work, employers and HR are starting to come up with innovative and unique benefits to keep their workforce engaged and productive.
An in-house masseur? ... Views: 53
Whether it is a large business or a small startup, cash flow is king. Essentially, every choice or decision you make is dependent on the capital you need in order to turn production into a profitable reality. Cash flow is a major factor in the success of any business. This rings even truer for ... Views: 59
With the numerous long weekends in Singapore, there is no denying that the post-holiday blues is likely to creep in to the workplace on a Monday. And with everyone in the office feeling that post-long weekend blues, it can be quite a struggle to get back into the swing of things.
While the ... Views: 66
Workers 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: 53
Payroll errors are inevitable. After all, humans are known to err and payroll miscalculations or even system errors occurs. However, that does not mean that there is no way to resolve such payroll problems.
One proven effective way to identify and prevent common payroll errors is to use root ... Views: 54
Mergers and acquisitions are part and parcel of the business world. However, as with all mergers and acquisitions, this can then have significant impact on internal processes.
While most of the responsibilities lies on the top management to ensure a smooth transition with the organizational ... Views: 58
Every small business owner will no doubt have a “business growth” vision. Of course, this would include hiring employees which will allow the business owner to spend more time focusing on business strategies and long-term growth.
Naturally, running a small business is a complicated affair. ... Views: 47
Suppose you sailed through an interview and finally landed on that dream job which you have always wanted. But as the HR runs through with you your compensation package, you realise that the starting salary figure is not what you had in mind. Or worse, it is significantly lower than what you had ... Views: 53
In the era of outsourced payroll today, there are several companies, regardless of size, that still choose to handle their payroll processing in-house. The reasons cited varies from company to company, including having control over timing, processes and costs as well as ability to customize ... Views: 64
We often see organisations celebrating large wins by employees – closure of a major deal or perhaps getting a large and established client onboard. But what about small victories that employees have achieved?
Regardless of whether an achievement is deemed as significant or less significant by ... Views: 58
Payroll is indisputably the most data-intensive aspect of Human Resources (HR). Every payroll cycle demands hundred percent accuracy, timeliness and seamless coordination of every payroll process – from updating employee bank records and salary data to disbursement of wages to employees.
This ... Views: 75
Employees are a critical asset to any organisation. Engaged employees translate to a motivated and productive workforce, which in turn leads to positive outputs for the organisation and its customers.
There are plenty of ways to engage employees, with the primary source typically being ... Views: 77
As defined by Salesforce, digital transformation is the process of using digital technologies to create or modify existing business processes, culture, and customer experience. Digital transformation transcends traditional roles such as sales, marketing and customer service. In fact, digital ... Views: 59
In the world of people and operations, there is no lack of opportunities for process improvements. Changing business landscapes are pushing the boundaries of human resource (HR) capabilities. Continuous process improvements through agile and Kaizen methodologies as organisations strive to boost ... Views: 66
The COVID-19 pandemic has seen organisations scrambling to adapt to new ways of working as country after country plunged into lockdown. As organisations grapple with the uncertainty of the economy and businesses, HR leaders are also plunged into the spotlight.
In the post pandemic era, HR is ... Views: 50
The one day that all employees look forward to every month is undoubtedly pay day. On the other hand, if you are responsible for the payroll process, pay day is no doubt the day that you dread the most.
There are many processes to keep track of while running payroll for the entire company ... Views: 82
Payroll has always been a crucial component of the payroll process. In addition to ensuring that employees’ wages are calculated accurately and disbursed on time to employees, best payroll practices within the company includes performing detailed and accurate payroll audits.Conducting regular ... Views: 70
What is the difference between goals, objectives, and outcomes? After all, they seem to be synonymous with measuring employees’ performance. However, when it comes down to understanding how to differentiate and improve an employee’s performance, perhaps there might be a need to differentiate ... Views: 65
What is the difference between goals, objectives, and outcomes? After all, they seem to be synonymous with measuring employees’ performance. However, when it comes down to understanding how to differentiate and improve an employee’s performance, perhaps there might be a need to differentiate ... Views: 61
Payroll is indisputably the most data-intensive aspect of Human Resources (HR). Every payroll cycle demands hundred percent accuracy, timeliness and seamless coordination of every payroll process – from updating employee bank records and salary data to disbursement of wages to employees.
This ... Views: 71
Payroll is indisputably the most data-intensive aspect of Human Resources (HR). Every payroll cycle demands hundred percent accuracy, timeliness and seamless coordination of every payroll process – from updating employee bank records and salary data to disbursement of wages to employees.
This ... Views: 57
Starting a business is no doubt challenging. Despite the recent surge in startups across the world, we have also seen a fairly large number of these startups pulling out of the market in less than two years. Of course, this does not mean that setting up a business is equivalent to setting ... Views: 75
Most people would agree that 20s is viewed as the time whereby you should enjoy your freedom – to explore the various career opportunities, globetrot around the world, experiment with starting a business, essentially to go chase your dreams.
By the time you reach 30, it is generally expected ... Views: 73
Let’s face it – human beings are not exactly the best at remembering things. When it comes to choosing a password for work, we tend to opt for something convenient and easy to remember. Whether it is subconscious or not, the chosen password is more often than not the same as that of our personal ... Views: 68
At some point of our careers, we definitely want to move up to a more senior position. And regardless of the organisation that we are in, most of us like to think that there is a meritocratic system in place – that with hard work, one is able to easily climb up the corporate ladder.
In ... Views: 87
As the year comes to a close, make sure that all your figures are in order before beginning the new year. Carry out the following before your last payroll of the calendar year to ensure a smooth transition to the next year.
Understand the nature of each used pay items
Not every payment has ... Views: 64