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Articles from Huang RenQun | Selfgrowth.com
- 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: 475 - 12 Tips For Your Leadership Management - by Submitted on Sep 29, 2021 from Huang RenQunWhat makes a good leader? Is leadership something that a person is born with or something that can be molded? When asked to define the ideal leader, traits such as visionary, intelligence, determination and passion tend to come out prominently. Such traits are necessary but insufficient for a ...
Views: 423 - 3 Big Data Benefits For Cost Effective Organisational Growth - by Submitted on Aug 13, 2021 from Huang RenQunFor every business leader, organisational growth is important. However, expanding the business can be an expensive affair as there are numerous factors that can contribute to costs – human capital, technology, training etc. Yet, there are ways to grow the business without incurring hefty costs. ...
Views: 395 - 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: 567 - 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: 494 - 3 Insider Tips On Hiring Software Developers - by Submitted on Sep 01, 2021 from Huang RenQunIn the competitive market for talent today coupled with the emergence of key digital roles, the talent pool for tech roles today are extremely scarce. As such, organisations are willing to compensate market premiums for these key roles. However, this also poses a huge challenge for ...
Views: 406 - 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: 454 - 3 Keys To Develop Your HR Philosophy - by Submitted on Sep 20, 2021 from Huang RenQunTop management and senior leaders are the decision makers in the organisation. However, the silent influencer in every organisation is no doubt the HR department. Traditionally, HR is viewed as an administrative department with minimal or no impact on business strategies. Today, this notion ...
Views: 422 - 3 Lessons Taught Us From Rapid Technology Advancements - by Submitted on Aug 27, 2021 from Huang RenQunTen years ago, helicopter taxis would have sounded as a ludicrous idea and catered only for the very rich. Fast forward today, we have silent cars from Tesla, self-drive cars driving around in Google campus in United States, drone deliveries within countries – technology has certainly advanced ...
Views: 391 - 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: 623 - 3 Must-Haves For Your e-HR Bundle - by Submitted on Oct 01, 2021 from Huang RenQunHuman resources (HR) is responsible for managing the entire employee lifecycle – recruitment, onboarding, payroll, benefits administration, employee relations and so on. But how does HR really spend their time? According to an infographic published by totaljobs, the largest proportion of HR’s ...
Views: 428 - 3 Things You Need To Know To File Your Employee Taxes Correctly - by Submitted on Apr 05, 2021 from Huang RenQunRapid urbanisation has opened up a wider range of job opportunities and mobility within the workforce. While this is certainly beneficial for organisations, it also puts a strain on the HR department. Tracking payroll and statutory tax reporting becomes even more important and critical as ...
Views: 432 - 3 Tips Finding The Right Business Partner For Your Startup - by Submitted on Nov 16, 2021 from Huang RenQunStarting a business is no doubt challenging. Despite the recent surge in startups across the world, we have also seen a fairly large number of these startups pulling out of the market in less than two years. Of course, this does not mean that setting up a business is equivalent to setting ...
Views: 394 - 3 Tips On Returning To Driving After A Long Weekend - by Submitted on Dec 25, 2021 from Huang RenQunWith the numerous long weekends in Singapore, there is no denying that the post-holiday blues is likely to creep in to the workplace on a Monday. And with everyone in the office feeling that post-long weekend blues, it can be quite a struggle to get back into the swing of things. While the ...
Views: 439 - 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 - 3 Tips To Avoid Desperation In Recruiting - by Submitted on Aug 12, 2021 from Huang RenQunAttrition within an organisation is commonplace. However, when turnover within the organisation reaches unhealthy levels, that is when organisations should start to worry. HR will then began the mad scramble to recruit new employees to fill up the vacancies. More often than not, in the ...
Views: 420 - 3 Tips To Deliver A Better Employee Experience That Drives Engagement - by Submitted on Jun 10, 2021 from Huang RenQunIn recent years, employee experience has been a focus of attention for both HR and senior leaders across organisations. However, to understand how this translate for employees, the key is to ascertain the existing state within the organisations. According to Ernst & Young’s Is the employee ...
Views: 436 - 3 Tips To Ensure Your Accuracy At Work - by Submitted on Aug 31, 2021 from Huang RenQunThere are numerous times whereby employees are required to put together a project at the very last minute. At times, employees might be able to pull it off. Other times, it might just result in the project failing miserably. Regardless of the outcome, such a situation always puts the involved ...
Views: 413 - 3 Tips To Support Mental Health in the Workplace - by Submitted on Oct 12, 2021 from Huang RenQunMajority of our adult lives is spent working. Over the past years, our working environment has evolved to one whereby everyone is interconnected regardless of location and geography. With the advancement of technology, people become more connected to work than ever through mobile phones, tablets ...
Views: 416 - 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: 450 - 3 Ways To Getting Started On Innovation In HR - by Submitted on Aug 19, 2021 from Huang RenQunInnovation is a strategic HR imperative. More often than not, we simply assume that innovation falls under the purview of technical or product business units. In fact, innovation stems from the minds of creative individuals. Innovation is imperative for an organisation to stay competitive and ...
Views: 429 - 3 Ways To Pay Employees In A Small Business - by Submitted on Jun 09, 2021 from Huang RenQunPay day is undoubtedly the one of the few days in the month, besides the weekends, that employees eagerly look forward to. However, when employees do not receive their pay on time or discover that they have been paid less than what they should be getting, it will certainly result in frustrated ...
Views: 411 - 3 Ways To Success In Your Digital HR Initiatives - by Submitted on May 21, 2021 from Huang RenQunToday, there are numerous organisations implementing various digital HR initiatives within the workplace. At the same time, there are numerous business software vendors promoting and advocating the positive impacts that their HR technology bring about. More often than not, these HR technology ...
Views: 422 - 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: 542 - 4 Common Wage Mistakes That Small Businesses Make - by Submitted on Apr 29, 2021 from Huang RenQunStarting a business can be a daunting task, particularly when it comes to paying your employees, contractors and freelancers. Remunerating your full-time employees is relatively straightforward, given that the only additional cash components to be included would be their bonuses, fixed ...
Views: 418 - 4 Effective Ways To Avoid Late Salary Payments - by Submitted on May 31, 2021 from Huang RenQunNo employee wants to receive their salaries late. Not only does it have downstream impacts on their finances and personal budgeting, it also creates an unhappy and disengaged workplace culture. One instance of late salary payment can cause employees to undermine the reliability of their ...
Views: 407 - 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: 509 - 4 Powerful Ways To Invest In Your Employees For A Business Owner - by Submitted on May 27, 2021 from Huang RenQunWorkers form the basis of any successful organisation. In order to keep your employees engaged and empowered, it is critical for the organisation to invest in your workers. When it comes to investing in employees, larger companies and unicorn startups certainly have the upper hand. From ...
Views: 432 - 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: 588 - 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 - 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: 452 - 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 ...
Views: 447 - 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: 490 - 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: 454 - 4 Tips To Create A HR Technology Strategy For Your Company - by Submitted on Apr 28, 2021 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: 418 - 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: 543 - 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: 451 - 4 Top Tips For Happier And Productive Employees - by Submitted on Jun 21, 2021 from Huang RenQunGiven that we are midway through the year, the time comes of the annual mid-year performance review. For managers and HR, it could also be a dreaded period given that it is when employees voice out their unhappiness and dissatisfaction within the organisation. According to Mercer’s Singapore ...
Views: 430 - 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: 242 - 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: 608 - 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: 350 - 4 Ways Retaining More Women In Tech - by Submitted on Sep 13, 2021 from Huang RenQunMen and technology have often been synonymous with each other. However in recent years, there is a growing focus on women and their roles in technology. Women today are no longer mere laboratory assistants in technology. Instead, women today are part of the technology “brain-child” – ...
Views: 422 - 4 Ways Retaining More Women In Tech - by Submitted on Sep 13, 2021 from Huang RenQunMen and technology have often been synonymous with each other. However in recent years, there is a growing focus on women and their roles in technology. Women today are no longer mere laboratory assistants in technology. Instead, women today are part of the technology “brain-child” – ...
Views: 448 - 4 Ways To Invest Employees In SME - by Submitted on Dec 21, 2021 from Huang RenQunWorkers form the basis of any successful organisation. In order to keep your employees engaged and empowered, it is critical for the organisation to invest in your workers. When it comes to investing in employees, larger companies and unicorn startups certainly have the upper hand. From ...
Views: 394 - 4 Ways To Set Up A Payroll Calendar And Sticking With It - by Submitted on Jun 08, 2021 from Huang RenQunIn payroll, it is all about the dates. For employers and HR, this means deciding on a payroll schedule to dictate how frequent to pay employees. Once a payroll schedule is decided, it becomes easier to set up a payroll calendar to facilitate timely salary disbursements. Payroll schedules for ...
Views: 431 - 4 Work Trends In The Post Pandemic Era - by Submitted on Sep 06, 2021 from Huang RenQunCOVID-19 has driven significant societal and organisational changes that leaders were once hesitant to even consider. As the world moves towards an endemic stage, business leaders are taking the opportunity to relook at their work flows, leveraging on the lessons and practices executed during ...
Views: 407 - 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: 494 - 5 HR Initiatives To Focus On In 2022 - by Submitted on Apr 18, 2022 from Huang RenQunFollowing two disruptive years thanks to COVID-19, the workforce continues to forge ahead – resilient and even more adaptable. Nonetheless, there are still remnants of disruption within the business landscape, such as supply chain shortages and the Great Resignation among others. Initiatives are ...
Views: 358 - 5 Important Things A HR Manager Must Consider When Hiring - by Submitted on Apr 05, 2022 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: 242 - 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 ...
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