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Whether 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: 541
US initial jobless claims rose slightly in the week ended Jan. 18, according to seasonally adjusted data released today by the US Department of Labor.
Total initial jobless claims for the week rose to 211,000, up 6,000 from the previous week’s level, which was revised up by 1,000.
The ... Views: 540
What 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: 539
Competencies can be understood as a set of skills and knowledge components that employees need to possess to deliver optimum performance for the company. Now, the lack of such competencies is what one may call competency gap and it can prove to be potentially dangerous for the organization, ... Views: 539
Payroll has always been a crucial component of the payroll process. In addition to ensuring that employees’ wages are calculated accurately and disbursed on time to employees, best payroll practices within the company includes performing detailed and accurate payroll audits.Conducting regular ... Views: 538
The alarming rate of frontline employee turnover is one of the most pressing concerns for businesses. Frontline employees, the most important link connecting businesses with customers, face various challenges that make them look for better job opportunities elsewhere.
To understand why this ... Views: 538
The world of recruitment has been transformed by technology advancements such as digitization and automation. Artificial Intelligence is driving a lot of the new automation in recruitment tools. As a result, modern recruiters and HR professionals rely only on applicant tracking systems (ATS). ... Views: 538
For anyone looking for employment, adding a federal agency to their wish list will be a good move. Several people do not consider this option, even though it is valuable. The basic result in for this is that you get to hear several things about federal hiring which are not actually true. Amongst ... Views: 538
The World Economic Forum today announced the “Reskilling Revolution” initiative, which is aimed at reskilling a billion people around the globe by 2030. Companies taking part include The Adecco Group, ManpowerGroup, Infosys, LinkedIn, Coursera Inc. and Salesforce.
It comes as 75 million jobs ... Views: 538
Talent 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: 537
When 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: 537
Nominations are now being accepted for this year’s 40 Under 40 list of up-and-coming executives in the staffing industry. The nominations can be made online.
The list, which debuted in 2017, recognizes the achievements, ambition and influence of younger leaders who are advancing the industry ... Views: 537
When 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: 536
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: 536
We 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: 534
The one day that all employees look forward to every month is undoubtedly pay day. On the other hand, if you are responsible for the payroll process, pay day is no doubt the day that you dread the most.
There are many processes to keep track of while running payroll for the entire company ... Views: 534
There are no doubt certain times of the year whereby employees’ morale dip to a low. It could be due to a busy period for the organisation, high turnover rates or perhaps change in senior management.
Nonetheless, whatever the reason may be, you definitely do not want your employees’ morale to ... Views: 534
Pairing 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: 533
Employee engagement is crucial to the health of the organisation in many different ways. For one, it is common knowledge that engaged employees translates to higher productivity in the workplace. At the same time, engaged employees reduces turnover rates and create a positive culture within the ... Views: 532
Although a tech-enabled and digitally sound business is ideal, most companies are struggling to deliver them even today. CIOs look forward to overcoming building pressures to improve the user experience, accept more secure and sustainable solutions, and enhance the employee experience. It is ... Views: 532
Businesses worldwide are experiencing the fourth industrial revolution. Thanks to the developments in artificial intelligence, the Internet of Things (IoT), and robotic process automation, human productivity has reached an all-time high. Today, you can experience digital transformation in all ... Views: 530
Now 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: 529
For any business to succeed, achieve excellent employee performance, and sustain the growth they enjoy in their organization, they need to focus on increasing their teams' effectiveness. In fact, we're in a world of serious competition; therefore, working towards improving employees' ... Views: 529
With 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: 528
Innovation 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: 528
If you’re running a business, it is natural that you want to see it grow exponentially and create a great reputation for itself. However, given various factors such as changing business trends, market developments, shift in consumer behavior, and so much more that is unforeseen, it can become ... Views: 528
There are numerous challenges that can inhibit a SME’s success – such as attracting new clients, tackling rising costs, recruiting top talents as well as coming up with new innovative and marketable products or services in order to stay competitive within the market.
However, unlike large ... Views: 528
Searching for PEO is one of the most amazing beginning stages for the vast majority of fruitful new companies, Little and Developing Organizations.
The Best Indian International PEO Agencies in Delhi go into a legally binding co-business concurrence with its customers. Through co-business, ... Views: 526
People that be employed by the us govenment are definitely lucky so that you can be involved in employee assistance programs. All those businesses are usually free may also wind up as every day renovating relating to your sales team who are required the group. May be the not aware of these ... Views: 526
After 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: 525
Men 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: 525
ACTIVE LISTENING IS THE KEY TO LEADERSHIP SUCCESS
Effective leadership is built on a solid foundation of clear mission, vision, strategy and certain leadership skills – one of which is active listening.
Active listening, as its name suggests, means that one is fully concentrating and ... Views: 525
Building a start-up is no doubt one of the greatest business feats, riddled with challenges including hiring the best talents.
However, now that you have some of the best minds on your team – what’s next? The uncertainty surrounding these talents which you have just hired – that they might ... Views: 525
Before the Web became popular, people needed to buy newspapers when looking for jobs. Although the classified ads on newspapers can come in handy at times, the jobs posted here are not pre-arranged. The reader had to spend some time sorting out which ads are relevant for his or her skills.
As ... Views: 525
Whether 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: 524
Most people would agree that 20s is viewed as the time whereby you should enjoy your freedom – to explore the various career opportunities, globetrot around the world, experiment with starting a business, essentially to go chase your dreams.
By the time you reach 30, it is generally expected ... Views: 523
What 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: 522
While setting up your robotized vision system, the point of convergence may be one of the last parts you pick. Anyway, when your system is all set, your data streams from the point of convergence first. That makes your point of convergence choice one of the main decisions that impact how well ... Views: 522
Technological changes have no doubt changed the way work processes are today. However, these technological changes have also caused a divide between employees - those who are in favour of new technological tools and those who are resistant to change.
There are numerous categories that ... Views: 522
Workers 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: 521
Payroll is a far more complex business function than most people realise. There are plenty of payroll terms to be aware of, alongside compliance with local and regional statutory legislations. On top of that, it is imperative to ensure accurate and correct salary computations for every payroll ... Views: 521
The 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: 521
Virtual 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: 521
In 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: 519
Running a business of one’s own is a matter of pride and a great source of happiness as well as self-reliance. However, with the global economy sliding further down the scale, combined with changing business and consumer trends, it is not so easy for small enterprises to stay afloat. But don’t ... Views: 518
What do people generally think of the HR department? Mountains of paperwork. Tedious calculations for payroll and taxes. Close surveillance of employees’ leave applications, sick records and ensuring no employees are absent more than deemed appropriate. Sounds like a really mundane and boring ... Views: 518
Given 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: 516
It's well known the way you start your morning affects the rest of your day. A productive morning leads to a productive day. But preparing for your day the night before can make your days even more successful. Here are four steps to make sure tomorrow starts the way you want.
1. Plan your ... Views: 516
What 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: 515
You know that work is supposed to be challenging—but there’s no way it’s supposed to be this challenging.
Even the simplest of tasks take you twice as long as anybody else in your office, and you’re beginning to think that you’re the problem.
Here are four ways that you might be making ... Views: 515