Framing the key components of salary is one of the major challenges of any payroll management system. It is a complex process and involves taking into consideration several factors like constant & variable pay, taxable & tax-exempt income, deductions, allowances, etc. This is one of the primary reasons why many organisations opt for fully-integrated and […]
Author: Sweta
Top Emerging Performance Management Trends
The way we work is evolving rapidly. Technological innovations have changed how businesses are managed today. A majority of the workforce comprises millennials today. The future is here! But we aren’t talking about robots or flying cars – we are only referring to the emerging performance management trends which is constantly changing the way organisations […]
How Does the IRAS Auto-Inclusion Scheme Affect Businesses?
In Singapore, approximately 96% of taxpayers file their income tax returns timely. At the same time, they look for a more efficient tax system that can make the entire process more streamlined. For businesses, one of the best ways to ensure this is through the Auto-Inclusion Scheme (AIS). Under this scheme, employers are required to […]
Key Metrics You Can Use to Measure Employee Engagement
Employee engagement helps boost performance and loyalty. It also aids in achieving improved operational efficiency by increasing productivity. Using the following key metrics can provide guidelines and benchmarks for more effective and better analysis. Employee Net Promoter Score (NPS) The NPS helps evaluate the levels of loyalty and satisfaction of employees towards the company. The […]
Powerful Xero Integrations & Add-ons to Grow Your Business
Xero is a powerful accounting platform that comes with a full suite of tools and features built to simplify everyday tasks for accountants, small businesses and bookkeepers. Used in more than 180 countries with over 3 million subscribers, there are numerous Xero add-ons and integrations that can help streamline the processes – saving your effort […]
Five Employee On-Boarding Tools You Need
Experts say that it is the first few hours after joining that an employee takes to decide if he (or she) wants to be there or leave. Retention of employees is equally important as hiring them! Therefore, the process of integrating a new employee into your organization and familiarizing them with the company policies, culture, […]
Six tips to simplify your company’s payroll process
Handling payroll within an organisation can be the most defining thing about your company. Paying people for their hard work according to what they are worth can be complicated, or the simplest thing depending on the innovation and thought you put behind it. Your payroll process would usually consist of numerous intricate tasks like calculating […]
Four ways HR can improve the digital employee experience
You must have experienced the recent shift towards remote work; not only due to the pandemic but also the exponential rise in diversity workplace technology has impacted the digital employee experience and the overall engagement of employees. This growth in digital tools has fostered efficiency, innovation and higher productivity within your firm and it also […]
Key factors SMEs must consider when growing a business
There is a general belief that growth in a business is a complex process. Well, it can’t be denied completely, but we can make it a bit simple to some extent. Every entrepreneur has one main objective, and that’s growing profitably. Now, to grow a business profitably, it is vital to understand the factors affecting […]
Emerging HR Roles in 2021 & Beyond
Fast-paced changes in response to the COVID-19 pandemic have pushed organisations to evolve and adapt to the “future of work.” The roles that drive key business functions are changing rapidly, with Human Resources taking the lead in shaping 2021 and beyond. To redesign and augment employees’ journeys in today’s virtual work environment, HR roles are […]