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Articles from Huang RenQun | Selfgrowth.com
- 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: 4 - 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: 11 - 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: 15 - 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: 19 - 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 In fact, 90% of surveyed respondents indicated that the 4-day workweek is outdated!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: 25 - 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: 27 - 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: 33 - 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: 36 - 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: 24 - 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: 40 - 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: 31 - 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: 36 - 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: 41 - 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: 47 - 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: 49 - 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: 44 - 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: 50 - 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: 46 - 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: 53 - 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: 58 - 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: 67 - 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: 64 - 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: 59 - 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: 63 - 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: 57 - 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: 72 - 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: 70 - 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: 105 - 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: 88 - 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: 93 - 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: 118 - 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: 115 - 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: 113 - 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: 94 - 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: 119 - 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: 110 - 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: 135 - 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: 95 - 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: 112 - Payroll Outsourcing Can Help Organisations Deal With Payroll Disruption - by Submitted on Jun 14, 2022 from Huang RenQunPayroll 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: 100 - Using Social Media Marketing Safely - by Submitted on Jun 08, 2022 from Huang RenQunWith 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: 173 - 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: 116 - 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: 133 - Creating A Highly Mobile Workplace - by Submitted on May 31, 2022 from Huang RenQunNumerous 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: 100 - Important Things To Consider When Changing Payroll Periods - by Submitted on May 24, 2022 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: 120 - Compensation Packages Are More Than Just Money - by Submitted on May 24, 2022 from Huang RenQunAside 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: 118 - 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: 153 - 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: 183 - What To Look Out For During A Payroll Software Demo - by Submitted on May 10, 2022 from Huang RenQunAfter 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: 135 - 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 ...
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