Yearly Archives - 2024

payroll software

Payroll Software- The Key Competitive Business Advantage

There are many benefits of using payroll software or payroll system to calculate and disburse employee’s salary, calculate statutory contributions such as Central Provident Funds (CPF) made by employees and employers, and provide pay slips for the employees. Over the years, with the advent of software technology and cloud based data storage technology, performing the tasks of calculating employee’s salary manually have become be costly, time consuming and inefficient. Here are some of the advantages: If one has sufficient knowledge...

4 December 2024By human resource management, Payroll, , , Read more...
Payroll Management Service

What Is Payroll Management Service?

Type of work involved in Payroll Management Service The payroll refers to a list of employees that are currently being hired and paid for their work by the relevant employer. However, when one speaks of “Payroll Management Service”, they most commonly refer to the administrative menial work involved in managing a company’s monthly payment towards its employees and the relevant calculations involved. This can be quite a demanding task in terms of its time consumption. The calculations involved are...

2 November 2024By Articles, News, Payroll, , Read more...
contract staff

New Guidelines for Contract Staff in Singapore

There is a good news for Contract Staff in Singapore as The Ministry of Manpower (MOM), National Trades Union Congress (NTUC), and the Singapore National Employers Federation (SNEF), have jointly developed a set of Tripartite Guidelines on the Employment of Term Contract Employees since 2016. Contract staff or temporary staff in Singapore who have worked in the same firm for three months or more are entitled to statutory leave and other employment benefits. This change on contract staff will make...

26 October 2024By contract staff, human resource management, Payroll, , , , Read more...