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Articles from Huang RenQun | Selfgrowth.com
- 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: 350 - 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: 348 - 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: 345 - 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: 344 - 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: 342 - Is Mobility A Key To Retain Your Key Talent? - by Submitted on Oct 26, 2021 from Huang RenQunIn today’s workplace, there are seemingly no boundaries to an office. As organisations expand globally, this also means that employees have the opportunity to work remotely or perhaps move to other locations for work. While this might mean more logistics for the HR department, it also opens up ...
Views: 338 - 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: 337 - 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: 333 - 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: 330 - 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: 328 - 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: 324 - 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: 324 - 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: 323 - 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: 323 - 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: 322 - 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: 320 - Cyber Security’s Importance In Small Businesses - by Submitted on May 31, 2022 from Huang RenQunMost people assume that cyber security only applies to big businesses. After all, enterprise level organisations have much to offer in terms of the sheer amount of valuable data – be it employee’s personal information, payroll data or the company’s transactions and accounting records. Thus, it ...
Views: 318 - 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: 317 - 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: 316 - 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: 311 - 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: 311 - 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: 309 - 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: 309 - 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: 302 - 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: 302 - 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: 297 - Preparing Your Workforce For The Future - by Submitted on Jun 15, 2022 from Huang RenQunWith the slew of Millennials and Generation Z joining the workforce, it is radically changing how talent is managed, developed and incentivised. In a world of changing labour markets and more demanding employee population, having basic skills are simply not enough. Moreover, this leads to a call ...
Views: 297 - 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: 297 - 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: 297 - 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: 297 - 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: 296 - 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: 296 - 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: 295 - 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: 295 - 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: 294 - Top Features To Look For In A Training Tracking System - by Submitted on Jun 07, 2023 from Huang RenQunAs workplaces evolve, upskilling and cross-skilling becomes increasingly important for employees to stay relevant. Over two-thirds of learning and development (L&D) programmes today are starting to focus on reshaping and rebuilding their organizations going forward. Traditional L&D programmes ...
Views: 294 - 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: 293 - 6 Reasons Why HR Needs Data And People Analytics - by Submitted on Jun 07, 2022 from Huang RenQunPeople analytics or HR analytics is described as the process of using data in analytical processes to solve business problems. This process uses employee-related data collected through HR systems, such as payroll, human resource management system and leave management system, and business ...
Views: 291 - 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: 291 - 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: 290 - 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: 288 - 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: 286 - 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: 286 - 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: 285 - 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: 285 - 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: 285 - 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: 284 - 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: 284 - 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: 284 - 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 ...
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