Regardless 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: 128
Payroll 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: 189
Building a start-up is no doubt one of the greatest business feats, riddled with challenges including hiring the best talents.
However, now that you have some of the best minds on your team – what’s next? The uncertainty surrounding these talents which you have just hired – that they might ... Views: 289
Organisations 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: 260
There are numerous challenges that can inhibit a SME’s success – such as attracting new clients, tackling rising costs, recruiting top talents as well as coming up with new innovative and marketable products or services in order to stay competitive within the market.
However, unlike large ... Views: 278
The 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: 206
Pay 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. ... Views: 280
In 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: 180
In 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: 135
Introducing 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: 161
Automating 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: 150
The future of many organisations today lies in artificial intelligence (AI) and machine learning (ML). What does that mean for the payroll department?
For the payroll department, AI and ML allows organisations to comb through all internal business systems and collect huge amounts of payroll ... Views: 240
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: 259
Managing 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: 133
HR HAS TRADITIONALLY BEEN AN ADMINISTRATIVE AND MUNDANE BUSINESS FUNCTION. IT INCLUDES ENDLESS EXCEL CALCULATIONS, STACKS OF PAPERWORK AND HANDING OUT PAPER PAYSLIPS.
Today, technology has reinvented the HR function by automating administrative tasks. This allows HR professionals to focus on ... Views: 283
Managing payroll is a highly meticulous task. Even the most seasoned payroll professionals may make mistakes from time to time due to the ever-changing payroll legislations and large volumes of employee data. Yet, it is imperative to ensure that payroll is done precisely and accurately – the ... Views: 358
Integrating 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: 246
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: 407
For every small business, growth always ranks high on the list of priorities. When it comes to setting up a proper Human Resources (HR) to manage employees, here are some practical HR hacks to help develop the company culture and create a productive team of employees.
... Views: 277
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: 227
As 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: 147
In today’s ever-changing business world with the need to expand and grow, organisations are rethinking how they operate. The same applies to the responsibilities of the human resources (HR) department as well. How can HR evolve alongside the growth and expansion of the organisation?
One ... Views: 98
Hong 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: 155
Japan is the world’s third largest economy with a nominal GDP of USD5.6 trillion in 2020 and a member of the Group of Seven (G-7). Yet, it is ranked 29th out of 90 economies in the ease of doing business based on the latest World Bank ratings in 2019.
While Japan is globally recognised for ... Views: 234
In the rapidly evolving business landscape of Japan, organizations are increasingly recognizing the crucial role of human capital management (HCM) in achieving long-term success. To thrive in this context, HR professionals in Japan need to adopt strategic initiatives that promote HCM, foster ... Views: 117
As teachers like to mention, learning is lifelong. And this does not stop when one enters the working world as well. Attending workshops, conferences and networking sessions are a great way to learn from industry peers as well as broaden one’s horizons. However, from an organisation’s point of ... Views: 237
Payroll 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: 259
With the slew of social media platforms the likes of Facebook, Twitter, Instagram and LinkedIn, businesses are fast catching on the trend of using these social media platforms to reach out to a wider audience. After all, with the social-media savvy Millennials and Generation Z, perhaps the most ... Views: 310
People 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: 174
Employee 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: 165
Virtual Reality (VR) is the latest buzz in the technology world today. Besides merely being used for gaming, VR today plays a crucial role in the workplace as well. Simulation of client scenarios, learning and development and even in recruitment, the possibilities of VR today is far more ... Views: 269
Virtual Reality (VR) is the latest buzz in the technology world today. Besides merely being used for gaming, VR today plays a crucial role in the workplace as well. Simulation of client scenarios, learning and development and even in recruitment, the possibilities of VR today is far more ... Views: 222
As 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: 173
In 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: 230
What is a payroll management software?
A payroll management system, predominantly a software, is a tool that allows organisations to handle all of their employees’ payroll details.
Alongside employee wages and deductions, other details such as leave management, employees’ personal data and ... Views: 507
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: 205
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: 242
Organisations 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: 192
Pairing tech savvy with exceptional foresight and key leadership skills makes a great leader. Today, companies seek leaders that possess more than simply a long list of business accomplishments – they seek business leaders who know how to marry business foresight with strategic IT decisions. ... Views: 278
What do people generally think of the HR department? Mountains of paperwork. Tedious calculations for payroll and taxes. Close surveillance of employees’ leave applications, sick records and ensuring no employees are absent more than deemed appropriate. Sounds like a really mundane and boring ... Views: 305
One 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: 162
Regardless 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: 239
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: 329
Virtual Reality (VR) is the latest buzz in the technology world today. Besides merely being used for gaming, VR today plays a crucial role in the workplace as well. Simulation of client scenarios, learning and development and even in recruitment, the possibilities of VR today is far more ... Views: 371
Before the COVID-19 outbreak, working from home was a taboo topic in most organisations. When the pandemic forced businesses shut and employees to stay indoors in efforts to minimise the spread, working from home became the new normal.
As the world gradually came to manage the COVID-19 ... Views: 279
Japan, commonly referred to as “Land of the Rising Sun”, is the world’s third largest economy with a nominal GDP of USD5.6 trillion and a member of the Group of Seven (G-7). It is one of the world’s advanced countries, driven by the huge industrial boom of the Japanese economy after World War ... Views: 277
Malaysia is one of the most populous countries in Southeast Asia, with a population of over 32 million in 2021. It is also one of the most open economies in the world, with the country experiencing an upward economic growth of 5.4% on average since 2010.
Since Malaysia’s independence in 1957, ... Views: 260