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Articles from Huang RenQun | Selfgrowth.com
- 5 Strategic Human Resource Planning Tips For 2021 - by Submitted on Dec 16, 2020 from Huang RenQunHuman Resource (HR) managers should already be fully aware that long term organisational success requires the alignment of people with the organisation’s strategy. This is undoubtedly the HR’s key role in every organisation. However, very often, it is challenging to connect people and business ...
Views: 731 - What Does Payroll Management Mean In HR? - by Submitted on Jan 05, 2021 from Huang RenQunWhat 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: 654 - 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: 635 - An Effortless Payroll Migration With This Simple Guide - by Submitted on Jan 04, 2021 from Huang RenQunPayroll migration can be an exciting time for HR as well as business leaders. Whether it is due to a system upgrade to an external payroll provider, data server consolidation or HR process integration, migration of payroll to a newer and advanced technology platform certainly helps to drive ...
Views: 630 - Cloud Computing – A Silver Lining for SMEs? - by Submitted on Nov 25, 2020 from Huang RenQunWhile cloud computing has been around for some time, with the rapid improvements in its technological capabilities, it is gradually replacing rigid software with an all-inclusive low cost computing solution. However, implementation of the cloud technology challenges business owners to re-look ...
Views: 623 - 4 Ways HR Can Stay Up To Date With Payroll Legislations - by Submitted on Dec 07, 2020 from Huang RenQunThe role of a payroll professional goes beyond merely ensuring that employees are paid accurately and on time. They also need to enforce payroll compliance with the respective employment laws and payroll legislations. Given that it is extremely common for payroll legislations to change on a ...
Views: 618 - 4 Simple Steps To Conduct Your Payroll Parallel Testing - by Submitted on Jan 19, 2021 from Huang RenQunBased on the definition provided by Deloitte, parallel testing is an “effective methodology for simulating production processes and transactions in a very controlled manner to determine whether systems are working well before a new approach goes “live.”” In layman terms, it means running the old ...
Views: 598 - Payroll Processing: 7 Key Steps HR Managers Need To Do - by Submitted on Dec 28, 2020 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: 596 - How Employee Self-Service Portal Can Benefit The Organisation - by Submitted on Feb 01, 2021 from Huang RenQunAs a HR professional, you are likely to be familiar with the feeling of being inundated with HR-related queries from your employees. In fact, according to the HR Software Survey Data conducted by BambooHR, they found that 71% of HR professionals within the surveyed organisations found that ...
Views: 581 - 3 Factors You Need To Consider When Budgeting for Payroll - by Submitted on Feb 09, 2021 from Huang RenQunPayroll is one of the biggest and most important parts of a company’s budget. For most, or if not all organisations would have a revenue forecast for the financial year. As revenue is money coming in, and spending is money going out, this is where the importance of budgeting steps in. However, ...
Views: 576 - ePayslip Take The Pain Out Of Payroll - by Submitted on Mar 09, 2021 from Huang RenQunHow am I supposed to complete my payroll for a thousand over employees in just one month?! Using only excel to calculate? What is with all the constant changes to the HR legislations, it is so difficult to keep up with all of the changes! Can't we just automate some of these manual payroll ...
Views: 575 - 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: 567 - A good Payroll Department is crucial to an organisation’s success - by Submitted on Nov 25, 2020 from Huang RenQunPayroll is one of the most critical aspects of business. Not only does it ensure that employees are paid timely and accurately, it also affects employee morale and reflects a business’ financial stability and reputation. Payroll is typically managed by the HR and/or Accounting department. For ...
Views: 557 - 4 Common Misconceptions Around Payroll Outsourcing - by Submitted on Jan 18, 2021 from Huang RenQunRunning payroll across multiple regions can be overwhelming and complex for multinationals as there are numerous regulations and local labour laws to adhere to. As such, most multinationals frequently rely on payroll outsourcing to handle this administrative function. Based on Deloitte’s 2018 ...
Views: 554 - 4 Tips To Improve Your F&B Payroll Management - by Submitted on Mar 29, 2021 from Huang RenQunBeing in the food and beverage (F&B) business is tough without a doubt – long hours, never-ending customers, planning and updating your menus to follow the latest food craze. Coupled with the need to deal with suppliers while ensuring your F&B business stays profitable, it is no doubt a ...
Views: 553 - Invest In A Payroll Software That Grows With Your Business - by Submitted on Dec 07, 2020 from Huang RenQunPayday is typically a monthly affair that most people look forward to. For many small businesses and startups, it is a period of immense stress and frustration. Why is payroll software important for small businesses? Payroll is complicated and time-consuming. However, it is also a critical ...
Views: 547 - Choosing A Payroll Provider? 8 Questions You Should Ask - by Submitted on Jan 26, 2021 from Huang RenQunEngaging a payroll provider can be an exciting yet challenging task for business leaders and the HR department. There are numerous benefits associated with engaging a payroll provider. Why engage a payroll provider? For most organisations, engaging a payroll provider means freeing up ...
Views: 544 - 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: 538 - 5 Key HR Tools That Drive Employee Engagement - by Submitted on Feb 24, 2021 from Huang RenQunWhat is employee engagement? Employee engagement has been gaining much traction within the HR community in recent years. In fact, the first question that comes to mind for most senior leaders in terms of driving productivity is – how can I keep my employees engaged in the workplace? It ...
Views: 535 - 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: 534 - Will Virtual Reality Change The Way HR Recruit? - by Submitted on Mar 15, 2021 from Huang RenQunVirtual 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: 533 - Falling behind your payroll schedule? 5 mistakes you should avoid for your business - by Submitted on Dec 10, 2020 from Huang RenQunMaking mistakes is an inherent part of human nature. However, in the corporate world, payroll mistakes can have some serious consequences on the line of business. The wrong numbers can result incorrect payment to employees, leading to inefficiencies within the organisation. Such mistakes might ...
Views: 526 - 4 Latest Payroll Trends That You Will Be Curious About - by Submitted on Mar 18, 2021 from Huang RenQunIn Ernst & Young’s (EY) annual global survey of CEOs, they have identified human capital management as the single greatest challenge for long-term business growth. In fact, payroll cost is one of the biggest fixed costs that organisations are able to control. Yet few organisations are able to ...
Views: 519 - Top 3 Challenges That Payroll Professionals Face Daily - by Submitted on Mar 09, 2021 from Huang RenQunManaging 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: 518 - 5 Tips You Will Need For HR Vendor Management Success - by Submitted on Feb 10, 2021 from Huang RenQunIn today’s fast-paced economy where organisations are striving towards productivity and cost-efficiency, organisations are becoming increasingly reliant on external HR vendors to enhance their HR processes. Third-party HR vendors span across various services that caters to the numerous ...
Views: 511 - 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: 508 - 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: 504 - How Does i-Admin Payroll Work? Here Are 6 Key Differences - by Submitted on Mar 02, 2021 from Huang RenQuni-Admin is a leading regional payroll outsourcing provider, serving a wide range of clients across Asia, from local SMEs to global Fortune 50 companies. Our proprietary technology platform offers payroll solutions to 15 countries all around Asia. We also provide a singular web-based platform ...
Views: 501 - 4 Things To Consider When Analyzing Payroll Processes - by Submitted on Mar 18, 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: 499 - 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: 493 - 10 Traits To Look For When Hiring Payroll Professionals - by Submitted on May 24, 2021 from Huang RenQunMost organisations are aware the accurate and efficient payroll is instrumental to the organisation’s success. However, with the intricate and complex regulatory payroll landscape, payroll remains a highly specialised and complicated business function. Payroll staff need to be able to handle the ...
Views: 484 - 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: 483 - 5 Useful Tips For HR To Manage Payroll Efficiently - by Submitted on Apr 06, 2021 from Huang RenQunThe HR department is often overlooked as a critical business function. In fact, the HR department plays an integral role in managing human capital within the organisation. Essentially, they are the ones that drive the heart of the organisation – the employees. Apart from overseeing core HR ...
Views: 481 - 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: 479 - Payroll For Part-Timers In Singapore: 5 Things You Need To Know - by Submitted on Apr 07, 2021 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: 476 - HR, Payroll and Accounting – The Ideal Partnership - by Submitted on Aug 10, 2021 from Huang RenQunWhen it comes to payroll, companies tend to have a difficult time classifying them under the appropriate department. Should payroll come under the purview of the Human Resources or Accounting department? Human Resources might seem to be more appropriate given that it is the department which ...
Views: 472 - Major Challenges of Leave Management - by Submitted on Jul 22, 2021 from Huang RenQunManaging employees’ leave applications is one of the most simple yet critical HR activities. HR has to ensure compliance with labour laws and the organisation’s leave policies, while balancing employees’ need to take time off. WHAT IS LEAVE MANAGEMENT? Leave management encompasses the ...
Views: 470 - 5 Time Management Tricks To Boost Your Payroll Team’s Productivity - by Submitted on Mar 22, 2021 from Huang RenQunWhen you are managing a team, there are bound to be instances whereby mistakes are made or certain tasks are incomplete. And that is completely fine! After all, people do make mistakes from time to time. However, when it comes to payroll processing, mistakes should be kept to a minimum. If it ...
Views: 466 - Payroll For New Hire – 4 Things HR Manager Needs To Look Out For - by Submitted on Mar 24, 2021 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: 464 - Why Recruiters Are Seeking Tech Savvy Leaders? - by Submitted on Sep 16, 2021 from Huang RenQunPairing 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: 464 - 4 Tips On How To Make A Wise HR Software Purchase - by Submitted on Jun 17, 2021 from Huang RenQunWith the slew of HR software in the market today, it would come as no surprise for organisations to jump onboard the HR software bandwagon. After all, HR software brings about a plethora of benefits to organisations – automation of administrative tasks, integration of the HR and Finance ...
Views: 462 - 4 Talent Assessment Myths - by Submitted on Sep 08, 2021 from Huang RenQunTalent assessments, or pre-employment checks, are typically used by employers to determine if a prospective candidate is a good fit for the job or organisation. In the race to hire the best talent, organisations are increasingly turning towards these talent assessment tests as a way to sieve out ...
Views: 461 - 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: 461 - Paystub, Payslip, Paycheck – Are They All The Same - by Submitted on Oct 06, 2021 from Huang RenQunWhether you are in the HR team issuing out salaries to employees or on the receiving end counting down to payday, you would have come across these few terms: paystub, payslip and paycheck. While the common trait between these three terms is that they all have “pay” in them, do they imply ...
Views: 461 - 3 Key Considerations For In-House Payroll Processing - by Submitted on May 09, 2021 from Huang RenQunWhen it comes to running a business, there are some business functions that cannot be compromised. One of them is payroll processing. There is nothing more important than ensuring a well-managed payroll system. Ensuring that payroll is executed well goes beyond utilising a robust payroll ...
Views: 459 - 3 Ways Payroll Innovation Can Drive Business Success - by Submitted on Jun 16, 2021 from Huang RenQunWe live in a world of technology, where it has advanced to every aspect of society. This is most noticeable in businesses, where companies rise or fall due to the successful (or unsuccessful) adoption of technology and software. Nonetheless, most companies regard these technological disruptions ...
Views: 459 - 4 Tips To Maximize Your Investment In Human Resource Management System - by Submitted on Mar 30, 2021 from Huang RenQunAfter several months of scouting around and deliberation, you have finally decided on a particular human resource management system. Several months in, the entire human resource management system is finally fully implemented and ready to be used. However, in order to fully reap the benefits of ...
Views: 459 - Key To Winning The Battle For Talent - by Submitted on Jul 20, 2021 from Huang RenQunThe 2019 Deloitte Global Human Capital Trends has identified 10 human capital trends for organisations to focus in order to create meaningful impact on employees in the organisation. Two of these trends: learning and mobility resonates strongly for human resources leaders today. According to ...
Views: 459 - 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. ...
Views: 457 - 4 Things To Consider For Your New Subsidiary Company - by Submitted on May 14, 2021 from Huang RenQunNow that your organisation has decided to un-merger itself or breakaway from the parent company, what are the next steps? There are bound to be a lot of restructuring amongst and within departments. One pain point would be the handling of payroll under this new circumstance. Given that a ...
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