Employee engagement is one the most important indicators of work satisfaction. Employees today want to feel a sense of purpose in their work and feel enthusiastic about the organization that they work for. The COVID-19 pandemic has further fuelled this need in employees to feel a sense of ... Views: 402
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: 402
Most 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: 400
The 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: 400
As work structures today gradually shift to accommodate the gig economy, pay structures also have to adapt to the changing needs of the workforce. Workers today are expecting accelerated salary payouts, thanks to the rising gig economy and flexible work arrangements. This is where flexible pay ... Views: 398
With 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: 396
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: 394
At 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: 393
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: 392
HR today is playing increasingly strategic roles within the organisation, as talent management and employee engagement becomes key business imperatives. With business leaders and HR focusing on people-related priorities such as well-being, succession planning, and HR technological integration, ... Views: 391
In today’s fast-paced and highly competitive talent landscape, continuous learning and development programmes are crucial for organizations to stay ahead. At the same time, employees need to upskill and cross-skill regularly in order to stay relevant and contribute effectively to the ... Views: 390
Payroll 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: 390
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: 390
In 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: 388
People 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: 386
In the face of global environmental challenges and increasing social consciousness, businesses today are striving to adopt sustainable practices across various aspects of their operations. Over 2,100 organizations have committed towards net-zero greenhouse gas (GHG) emission targets, with this ... Views: 386
The increase in prevalence of remote working has significantly impacted how businesses operate today, particularly when it comes to payroll. As the workforce becomes more geographically dispersed, managing payroll becomes more complex. Traditional payroll processes may no longer be able to ... Views: 386
Choosing 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: 385
Employees 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: 384
With 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: 383
Talking 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: 380
Numerous research has shown that a mobile workforce brings about many benefits to the organisation. A mobile workforce, as defined by IBM, is a group of employees that is not bound by a central physical location. Instead, employees are connected by various types of mobile technology, including ... Views: 375
Choosing 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: 375
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: 374
With 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: 373
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: 373
Before 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: 371
Unconscious 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: 369
Aside from COVID-19, the Great Resignation was the next trending item that made the headlines in 2021. According to research by Gartner, 65% of employees said the pandemic has made them rethink the place that work should have in their lives. While it may seem that the pandemic has fueled the ... Views: 368
Salary 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: 368
Looking 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: 367
Helping 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: 367
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: 364
Employee 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: 358
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: 355
People 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: 348
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: 344
The 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: 343
Processing 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: 342
Payroll disruption is more than just an inconvenience, especially for HR and payroll. It offers the opportunity for business leaders to pause and reflect on the efficiency of their current payroll processes, especially when the bulk of the payroll processing work can get stuck in administrative ... Views: 340
At 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: 337
With 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: 336
Any 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: 334
Let’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: 332
On 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: 331
As 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: 309
Preparing 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: 304
In today’s competitive business landscape, data is more than just a resource—it's a strategic asset. For companies seeking to stay ahead, payroll data has emerged as a critical source of insights, offering a wealth of information that goes beyond employee compensation. Properly harnessed, this ... Views: 262
As businesses grow and expand across borders, managing payroll becomes increasingly complex. The question of whether to centralize payroll for streamlined efficiency or decentralize it for local adaptability is crucial. Organizations must find the right balance between maintaining global ... Views: 261
In today’s data-driven world, payroll is no longer just a function of paying employees—it’s a source of strategic insights. However, many companies face a significant challenge: data silos. These silos create fragmented views of payroll processes, making it difficult for organizations to gain a ... Views: 259