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Articles from Huang RenQun | Selfgrowth.com
- What You Need To Know About Your Part-Timers - by Submitted on May 17, 2022 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: 1 - Seven Ways COVID-19 Will Impact Payroll - by Submitted on May 17, 2022 from Huang RenQunOne 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 - What To Look Out For During A Payroll Software Demo - by Submitted on May 10, 2022 from Huang RenQunAfter 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 - Fundamental Requirements That Your Payroll Software Should Have - by Submitted on May 04, 2022 from Huang RenQunChoosing 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 - 3 Tips On Using HR Metrics Strategically - by Submitted on May 03, 2022 from Huang RenQunHuman 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 - Revisiting Basic Password Security For A Secure Workplace - by Submitted on Apr 18, 2022 from Huang RenQunLet’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 - 5 HR Initiatives To Focus On In 2022 - by Submitted on Apr 18, 2022 from Huang RenQunFollowing 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 - How You Can Ensure Data Security From Your Ex-Employees - by Submitted on Apr 12, 2022 from Huang RenQunAt 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 - Dealing With The Great Resignation – How Do We Retain Employees - by Submitted on Apr 11, 2022 from Huang RenQunThe 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 - 5 Important Things A HR Manager Must Consider When Hiring - by Submitted on Apr 05, 2022 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: 19 - Managing Payroll In Thailand - by Submitted on Apr 04, 2022 from Huang RenQunThailand, 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 - How To Job Search Effectively - by Submitted on Mar 22, 2022 from Huang RenQunThe 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 - Employees’ Salaries Are Forecasted To Increase In 2022 Across APAC - by Submitted on Mar 21, 2022 from Huang RenQunAs 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 - How Can HR Help Integrate New Hires Into The Company? - by Submitted on Mar 15, 2022 from Huang RenQunHelping 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 - Integrating HCM With Finance Systems Is The Key To A Successful Modern Global Payroll System - by Submitted on Mar 13, 2022 from Huang RenQunAny 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 - Eliminating Bias In The Hiring Process - by Submitted on Mar 08, 2022 from Huang RenQunUnconscious 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 - Benefits Of Workday Cloud Connect - by Submitted on Mar 07, 2022 from Huang RenQunWorkday 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 - by Submitted on Mar 01, 2022 from Huang RenQunPreparing 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 - Overcome Future Challenges With Global Payroll - by Submitted on Feb 27, 2022 from Huang RenQunOn 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 - Is Automation The New Future For Work? - by Submitted on Feb 22, 2022 from Huang RenQunWith 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 - Payroll Outsourcing As A Crisis Management Strategy - by Submitted on Feb 21, 2022 from Huang RenQunCrisis 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 - Top 5 HR Trend For 2022 - by Submitted on Jan 03, 2022 from Huang RenQunThe 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 - Check If Your Payroll Processes Are Meeting Your Payroll Needs - by Submitted on Dec 31, 2021 from Huang RenQunWith 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 - Advance Your Payroll Management - by Submitted on Dec 31, 2021 from Huang RenQunIn 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 Deserve Attention - by Submitted on Dec 28, 2021 from Huang RenQunEmployee 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 - 5 Tips to Avoid Cash Flow Issues For Your Startup - by Submitted on Dec 28, 2021 from Huang RenQunWhether 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 - 3 Tips On Returning To Driving After A Long Weekend - by Submitted on Dec 25, 2021 from Huang RenQunWith 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 - 4 Ways To Invest Employees In SME - by Submitted on Dec 21, 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: 53 - 5 Steps Getting To The Root Cause Of Payroll Errors - by Submitted on Dec 21, 2021 from Huang RenQunPayroll 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 - 5 Tips For Managing Payroll In M&A - by Submitted on Dec 18, 2021 from Huang RenQunMergers 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 - Benefits Of Hiring A Payroll Service For Startups - by Submitted on Dec 17, 2021 from Huang RenQunEvery 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 - 5 Tips To Negotiate Your Salary - by Submitted on Dec 16, 2021 from Huang RenQunSuppose 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 - 3 In-House Payroll Issues You May Have Not Anticipated - by Submitted on Dec 14, 2021 from Huang RenQunIn 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 - Making Small Victories Bigger - by Submitted on Dec 14, 2021 from Huang RenQunWe 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 - Will payroll be replaced by AI? - by Submitted on Dec 09, 2021 from Huang RenQunPayroll 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 - Motivate Your Employee With Bonuses - by Submitted on Dec 07, 2021 from Huang RenQunEmployees 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 - Employees Are The Key To Digital Transformation - by Submitted on Dec 05, 2021 from Huang RenQunAs 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 - 3 Methods To Improve HR Efficiency Today - by Submitted on Dec 03, 2021 from Huang RenQunIn 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 - Top 5 Priorities For HR Post Pandemic - by Submitted on Dec 03, 2021 from Huang RenQunThe 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 - 7 Practices For A Productive Payroll Process - by Submitted on Nov 25, 2021 from Huang RenQunThe 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 - 5 Tips Conducting An Effective Payroll Audit - by Submitted on Nov 23, 2021 from Huang RenQunPayroll 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 - Differentiating Between Goals, Objectives, and Outcomes - by Submitted on Nov 23, 2021 from Huang RenQunWhat 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 - Differentiating Between Goals, Objectives, and Outcomes - by Submitted on Nov 23, 2021 from Huang RenQunWhat 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 - AI And The Future Of Payroll - by Submitted on Nov 20, 2021 from Huang RenQunPayroll 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 - AI And The Future Of Payroll - by Submitted on Nov 20, 2021 from Huang RenQunPayroll 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 - 3 Tips Finding The Right Business Partner For Your Startup - by Submitted on Nov 16, 2021 from Huang RenQunStarting 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 - The Ugly Myths About Changing Career In Your 30S - by Submitted on Nov 16, 2021 from Huang RenQunMost 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 - Cyber Security – Protect Yourself at Work! - by Submitted on Nov 12, 2021 from Huang RenQunLet’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 - 4 Working Habits To Move Up At Work - by Submitted on Nov 12, 2021 from Huang RenQunAt 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 - 5 Tips For Managing Payroll & Year-End Tax Processing - by Submitted on Nov 08, 2021 from Huang RenQunAs 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 ...
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