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Articles from Huang RenQun | Selfgrowth.com
- Ways to Maximize the Benefits of Mobile Workplace Format - by Submitted on May 31, 2023 from Huang RenQunAs the times change, so does the way we work. Nowadays, many companies have adapted their work patterns and opened opportunities for employees to work remotely. The results have exceeded expectations, as surveys have shown that remote work can be highly effective and beneficial for ...
Views: 5 - The Importance of Hardcopy Payslips in the Digital Age: Understanding Challenges and Solutions - by Submitted on May 30, 2023 from Huang RenQunIn today’s digital era, many companies are transitioning to electronic payslips as a means of streamlining payroll processes and reducing paper consumption. However, hardcopy payslips still hold significance in various industries due to certain challenges and requirements. In this article, we ...
Views: 6 - How To Avoid Payroll Scams In Any Forms - by Submitted on May 24, 2023 from Huang RenQunPayroll function is one of the most delicate and time-consuming functions in any organization. If not managed well, it can be prone to data entry inaccuracies or payroll calculation errors. Another pitfall of a poorly-managed payroll process is the susceptibility to payroll scams. Any business, ...
Views: 11 - AI and Machine Learning: Implications for HR in the Banking Sector - by Submitted on May 18, 2023 from Huang RenQunThe banking sector in Hong Kong has been at the forefront of technological innovation in recent years, with digital transformation and automation reshaping the industry. One of the most significant technological trends impacting the banking sector is the rise of artificial intelligence (AI) and ...
Views: 13 - Part-time vs Full-time Employees: Understanding the Differences in Asia - by Submitted on May 10, 2023 from Huang RenQunPart-time and full-time employment are common modes of work in many countries, and each type of employment comes with its own set of benefits and challenges. While many people may believe that part-time employees are not entitled to the same benefits and protections as full-time employees, this ...
Views: 19 - Benefits Of Leveraging A Training Tracking System - by Submitted on May 09, 2023 from Huang RenQunAs the demand for new skills gains traction in today’s workplace, upskilling and cross-skilling are key for any employee to stay relevant in the industry. The World Economic Forum projects that automation is likely to displace 85 million jobs by 2025 and the robot revolution is expected to ...
Views: 19 - Preparing Your Organisation For Returning To Work In Office - by Submitted on May 03, 2023 from Huang RenQunIn the post-pandemic era, how do organisations bring team members back together in office after working remotely for the past two years? While some employees may feel enthused to return back to the office, most employees still prefer to work from home all the time if there is the option to do ...
Views: 20 - Contractor Payrolling & Its Benefits - by Submitted on Apr 25, 2023 from Huang RenQunWith the booming gig economy, the engagement of contractors or independent workers are becoming increasingly popular. Statistics have shown that the gig economy grew by 30% in 2020, expanding 8.5 times faster than the US economy. With the flexibility that gig work offers, it is no wonder that ...
Views: 27 - Banking Professionals: Enhance Training & Compliance with Hong Kong’s Training Tracking System - by Submitted on Apr 19, 2023 from Huang RenQunAs the financial industry in Hong Kong continues to evolve and grow, continuous professional training has become a critical aspect for banking professionals to stay updated with industry regulations, maintain their skills, and enhance their career prospects. However, managing and tracking the ...
Views: 28 - Tips On Managing Payroll For A Small Business - by Submitted on Apr 19, 2023 from Huang RenQunManaging payroll for a small business can be challenging. From tracking time and tax payments to processing employees’ salaries, each step of the entire payroll process requires utmost attention to detail. Unlike large organisations, small businesses may not have the capital to purchase a ...
Views: 26 - Spot These Red Flags When Recruiting Your Next Talent - by Submitted on Apr 12, 2023 from Huang RenQunRegardless of how effective your talent acquisition team may be, there is always that possibility that the person behind that CV is not a good fit for your organisation. After all, potential candidates are always looking to make the best impression on the hiring manager during the job ...
Views: 27 - Make Working Across Time Zones Effective & Successful - by Submitted on Apr 05, 2023 from Huang RenQunWorking with teams across geographies is not new. In fact, organisations are leveraging on a geographically dispersed team to bring together functional expertise, coupled with varied work experiences and international diversity, to help them compete and succeed in the business world. ...
Views: 32 - Expert Tips for Smooth Transition to Payroll Software - by Submitted on Mar 29, 2023 from Huang RenQunIntroducing payroll software can significantly increase operational efficiency for organizations. If your company has decided to adopt payroll software, congratulations! However, before you can reap the benefits of time and cost savings, you must ensure a smooth deployment and transition ...
Views: 36 - Understanding Hong Kong’s Continuous Professional Training (CPT) - by Submitted on Mar 21, 2023 from Huang RenQunHong Kong is one of the world’s most important financial centers and its financial services industry remains one of its key pillars, contributing to around 23.4% of its GDP. In 2022, Hong Kong was ranked 4th in the Global Financial Centres Index (GFCI) released by Z/Yen Group and the China ...
Views: 40 - Here’s How You Can Work From Home Effectively - by Submitted on Mar 15, 2023 from Huang RenQunThe adoption of hybrid working in workplaces has proliferated in the post pandemic era. With the perceived increase in benefits that it brings about to employees, it is no surprise. Data from Gallup revealed that 59% of employees now work in a hybrid arrangement, an increase from 32% in 2019. ...
Views: 45 - Embrace These Payroll Trends in 2023 - by Submitted on Mar 08, 2023 from Huang RenQunPayroll is often overlooked as a critical function, reducing it to an administrative and repetitive task that falls under HR or Finance purview, depending on which department is keen to adopt it. However, with the evolving payroll mindset, the ongoing advancements in technology coupled with the ...
Views: 39 - The Need To Automate Your Payroll Processes - by Submitted on Feb 28, 2023 from Huang RenQunAutomating your payroll process can bring about significant benefits to the HR function and organisation. A study from G&A Partners found that HR spends almost three-quarters (73%) of their time on administrative tasks. This typically involves forms to fill out, data entry, filing, and the ...
Views: 38 - Explore The 4-Day Workweek And How To Approach It - by Submitted on Feb 21, 2023 from Huang RenQunIs the 40-hour workweek a thing of the past? Perhaps so, according to a survey conducted by SimpleTesting. Close to 96% of the surveyed 1,000 Americans indicated that they want a 4-day workweek. In fact, 90% of surveyed respondents indicated that the 4-day workweek is outdated! Despite the ...
Views: 46 - Engage Your New Hire Right! - by Submitted on Feb 14, 2023 from Huang RenQunBeing the newbie in the workplace is always a tricky and difficult situation. During the first few weeks in the workplace, new hires are expected to be familiar with the multiple work processes, know their team and co-workers, understand the workplace lingo, unspoken rules and so on. This is ...
Views: 57 - Role Of HR In The Gig Economy - by Submitted on Feb 07, 2023 from Huang RenQunAs we enter the new age of work, the gig economy is a rapidly growing trend. The growth of the gig economy is even more apparent on the onset of COVID-19, with the number of global gig workers expected to rise from 43 million to 78 million in 2023. This shift will have major implications for the ...
Views: 67 - Risks Of Poor Payroll Management - by Submitted on Jan 31, 2023 from Huang RenQunPayroll management is a crucial aspect of any well-run organisation. It is an administrative function that is indirectly linked to the success of an organisation. When the importance of payroll management is overlooked or negatively impacted for some reasons, the short- and long-term effects on ...
Views: 63 - Emerging HR Trends in 2023 - by Submitted on Jan 24, 2023 from Huang RenQunThe past two years have been challenging to say the least. The COVID-19 pandemic, Ukraine-Russia war, among others, have disrupted the ways of working and propelled markets to evolve and adapt at a rapid pace. This has also impacted the landscape of the work environment and the role of human ...
Views: 46 - Spotting Red Flags In Your Payroll Process - by Submitted on Jan 17, 2023 from Huang RenQunPayroll function is often the biggest expense within the organisation. It is also one of the most stressful roles as it requires thorough and meticulous handling of employees wages. Close of half (43%) of organisations globally have very low or limited process standardisation in payroll. This ...
Views: 64 - How To Choose Your Payroll Outsourcing Provider - by Submitted on Jan 10, 2023 from Huang RenQunThe decision to outsource payroll should not be taken lightly. Yet, there are multiple benefits in which outsourcing payroll can bring about. In fact, 73% of organisations today outsource some aspects of their payroll. While outsourcing payroll takes the burden of computing employees’ ...
Views: 54 - 4 Ways Payroll Can Boost Employee Satisfaction Level - by Submitted on Jan 03, 2023 from Huang RenQunIt is no secret that a successful organisation often stems from an engaged and highly-motivated workforce. And there are many factors that contribute to high satisfaction levels among your employees – collaborative workplace culture, competitive pay and innovative benefits are just some ...
Views: 61 - Is It Time To Outsource Your Payroll? - by Submitted on Dec 27, 2022 from Huang RenQunPayroll can be a messy and stressful affair when you have to manage large employee groups. It requires the organisation to track an individual employee’s payroll record, make statutory deductions and tax filings. By outsourcing these tedious but crucial payroll processes, business leaders can ...
Views: 61 - Risk With Payroll Outsourcing (And How To Avoid Them) - by Submitted on Dec 20, 2022 from Huang RenQunAs with any business decisions, the decision to outsource payroll should not be taken lightly. Outsourcing payroll, as with any other outsourced business function, comes with its benefits and an element of risk. After all, it involves dealing with confidential and sensitive payroll information ...
Views: 70 - Strategies Organisations Can Use To Attract & Retain Talent - by Submitted on Dec 13, 2022 from Huang RenQunThe Great Resignation has been triggered by the pandemic – but why are resignation numbers not slowing down as the pandemic wanes? During the COVID-19 pandemic, many workers quit due to safety concerns or because their organisations are not providing adequate remote work support. Many left to ...
Views: 73 - Bonding A Team In A Hybrid Work Arrangements - by Submitted on Dec 07, 2022 from Huang RenQunThanks to the COVID-19 pandemic, the global work-from-home experience has forced organisations to rethink traditional work arrangements. Majority of organisations today are planning to introduce hybrid work models in the post-pandemic world. According to a Gartner survey of 127 company leaders ...
Views: 67 - Job Hiring Trends In 2022 - by Submitted on Nov 29, 2022 from Huang RenQunWith the “Great Resignation” in the post-pandemic era, organisations are now facing the challenge of finding talents to fill these vacant positions. According to business management consulting corporation Greenhouse, 88% of surveyed hiring managers highlighted that they are experiencing ...
Views: 76 - Why You Should Implement Flexible Work Arrangement - by Submitted on Nov 22, 2022 from Huang RenQunOne of the major future of work trends associated in the post-COVID-19 era is flexible work arrangements. While flexible work arrangement has been a hotly debated topic over the past few years, the adoption rate among organisations has accelerated within the last two years. Flexible working is ...
Views: 67 - Salary Matters – How To Discuss Salary with Potential Candidates - by Submitted on Nov 15, 2022 from Huang RenQunTalking about salary can be an uncomfortable topic for even the most senior leaders. Even if you have good news to share – say a spot bonus or a promotion – assigning a number to the value of an employee’s job scope is tough. The situation becomes particularly challenging when managers, who ...
Views: 74 - i-Admin Is Officially A Workday Certified Partner - by Submitted on Nov 08, 2022 from Huang RenQuni-Admin, a Workday partner, has officially achieved Workday Certified Payroll Effective Change Interface (PECI) Partner status in nine countries: Singapore Malaysia Hong Kong Taiwan Thailand Japan China Korea Macau With this certification, ...
Views: 77 - Offering Paid Family Leave To Attract Top Talents - by Submitted on Nov 02, 2022 from Huang RenQunFor many years, parental leave has been a hotly debated debate across Asia. However, each country has their own unique approach to this issue. Some countries offer paid parental leave while others offer unpaid leave. The duration of the leave, both paid and unpaid, also varies between ...
Views: 88 - The Importance Of Background Check On Potential Candidates - by Submitted on Oct 25, 2022 from Huang RenQunIn today’s increasingly competitive labour market, organisations are no doubt in a hurry to snatch up the cream of the crop. However, when hiring managers cut corners to speed up the onboarding process, such as skipping the need for background checks, this should raise the alarm ...
Views: 83 - Leveraging Verified Reviews To Decide Your Payroll Software - by Submitted on Oct 19, 2022 from Huang RenQunChoosing the ideal payroll software for your organisation can be a huge investment. When done right, it is a pleasure to use. After all, implementing a payroll software brings about a myriad of benefits including accuracy in payroll calculations and reporting, ease of report generation and time ...
Views: 72 - Utilize Employee Data Effectively In 2022 - by Submitted on Oct 19, 2022 from Huang RenQunEmployee data is a rich source of database that, if utilised effectively, can reveal key people insights and facilitate decision making when it comes to formulating people strategies. However the big question is – how can organisations use employee data effectively and to their ...
Views: 74 - 4 Trends That Are Shaping Employee Retention Strategies Today - by Submitted on Oct 04, 2022 from Huang RenQunAt the start of 2022, organisations globally were experiencing “The Great Resignation” – a wave of unusually high turnover rates across industries and the world. Research from Gartner revealed that organisations may face turnover rates as high as 24% in 2022 and the years to come, compared to ...
Views: 75 - Identifying And Managing Stress Within Your Team - by Submitted on Sep 27, 2022 from Huang RenQunEmployee burnout and workplace stress is extremely common today. According to Deloitte’s Workplace Burnout Survey, it found that 77% of its surveyed 1,000 full-time US professionals have experienced burnout at least once in their current role. Business leaders and managers need to take ...
Views: 93 - The Importance Of Intuitive HR Software - by Submitted on Sep 20, 2022 from Huang RenQunIntroducing a new HR software or switching from one vendor to another means change, not only for the HR department but for all employees. Employees use the software to update their personal records, submit their leave applications or track their salaries. Managers need to use the HR software to ...
Views: 82 - How Employees Help To Grow The Business - by Submitted on Aug 30, 2022 from Huang RenQunEmployees expenses form the biggest expense in every organisation’s budget. And business leaders recognise that. After all, employees form the arms and legs of the business – conducting research and development, marketing and selling products or services, and running the day-to-day operations. ...
Views: 121 - Leveraging People Analytics To Lower Labour Costs - by Submitted on Aug 23, 2022 from Huang RenQunPeople analytics – using statistical approaches to derive insights from employee data to manage talent – has gotten much traction in recent years. According to Harvard Business Review, more than 70% of companies now say they consider people analytics to be a high priority. The benefits of people ...
Views: 104 - Utilising People Analytics For Your Organisation - by Submitted on Aug 16, 2022 from Huang RenQunPeople analytics. Sounds complex with no clue where and how to start? That is the challenge that most organisations struggle with. Here is what people analytics means and the benefits of utilising it in the organisation. WHAT IS PEOPLE ANALYTICS? People analytics, as defined by Gartner, is ...
Views: 111 - Dealing With Inflation Concerns Among Employees - by Submitted on Aug 10, 2022 from Huang RenQunThe rising inflation rates in 2022 has been a huge concern for employers and employees. With the damage from the COVID-19 pandemic compounded by the Russian-Ukraine invasion, countries across the globe are feeling stagnant growth and elevated inflation in 2022. According to statistics reported ...
Views: 138 - Here's How You Can Streamline Your Payroll Processes - by Submitted on Jul 21, 2022 from Huang RenQunPayroll is often the biggest expense that organisations have to manage. And payroll costs goes beyond the monthly salaries disbursed to employees. It includes benefits, taxes, payroll platform licensing fees, and administrative costs from outsourcing payroll. That being said, processing ...
Views: 136 - Shifting From Work-Life Balance To Work-Life Integration - by Submitted on Jul 06, 2022 from Huang RenQunBefore COVID-19, work-life balance has been a hotly debated topic. Organisations and employees recognise the importance of work-life balance – the state of equilibrium where one equally prioritises the demands of work and personal life. Yet, many of us know that work-life balance is a lie. ...
Views: 133 - How To Maximise HR Events’ Effectiveness - by Submitted on Jun 29, 2022 from Huang RenQunWith the rapid utilization of technology in the workplace today, numerous jobs are seeing technology replacing human roles. Additionally, with the growing business demands and usage of automation within organisations, simply relying on manual processes as well as technology is simply not enough. ...
Views: 120 - Creating A Job Description To Attract Good Payroll Managers - by Submitted on Jun 28, 2022 from Huang RenQunLooking for top talents to fill in the vacancy of your payroll manager role? It is possible – but only with the right job description that will attract these talents. Managing the entire company’s payroll duties is no doubt a heavy and crucial responsibility. Ideally, you would want someone who ...
Views: 143 - How To Create A Suitable HR Technology Strategy - by Submitted on Jun 21, 2022 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: 135 - Supporting Equal Pay At Your Organisation - by Submitted on Jun 21, 2022 from Huang RenQunPay equity has been a hot topic over the years, fuelled by social movements such as #MeToo and Equal Pay. In 2018, in the first of its kind, Iceland introduced a policy that required organisations with more than 25 employees prove that they pay men and women equal pay for a job of equal value. ...
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