Expanding your business is a significant strategic move, one that demands careful consideration. Often, businesses opt for more familiar routes and target established markets in the West or East Asia during their global expansion plans. However, in this preference for what’s familiar, an undiscovered goldmine often lies in plain sight: Southeast Asia (SEA). Amidst the […]
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In recent years, Hong Kong has faced a significant and worrisome challenge: a notable shortage of talent that puts its status as a global business hub in jeopardy. But amidst this uncertain backdrop, there’s a glimmer of hope emerging – professionals are returning to the city, drawn in by a captivating mix of cosmopolitan charm, […]
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The traditional 9-to-5 office routine is slowly becoming a thing of the past. Instead, more and more people are embracing the freedom and possibilities that come with remote work. However, managing remote teams is not just about dealing with technical issues or solving conflicts–it’s a lot more complex. Therefore, this article will delve into five […]
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Navigating the complexities of international expansion presents a range of challenges for global entities. One critical area that businesses should always consider carefully is workforce management, particularly when it comes to effectively overseeing the entire employee lifecycle. In this article, we will dive into the key challenges faced by international employers in employees’ life cycle […]
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International business expansion is often regarded as a crucial move for businesses aiming to seize the global market. However, a study found that many regional businesses encounter challenges when expanding abroad, as numerous factors come into play. In fact, without the appropriate payroll partner, staying local and refraining from premature globalization may prove to be […]
Global Trends
Welcome to the future of global hiring in Singapore, where technological advancements have shattered the barriers of geographical limitations for local businesses in their pursuit of top-notch talent. In this rapidly evolving tech landscape in Singapore, the world becomes your talent pool, and Slasify stands at the forefront, offering the ultimate solution to simplify international […]
Global Trends
The future of work is intricately connected to the evolution of global payroll, a vital aspect of modern business operations that directly impacts employees’ financial well-being and organizational efficiency. In this era of rapid technological advancements and dynamic work environments, organizations are recognizing the limitations of complex in-house payroll systems and are increasingly turning to […]
Global Trends
The global pandemic was a catalyst for the widespread adoption and increased popularity of remote work. However, it is crucial to acknowledge that remote work was already embraced by a significant portion of the global population, with 7.9% working remotely full time prior to the outbreak. Presently, the appeal of remote work continues to grow, […]
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Managing payroll in Singapore is a complex and time-consuming task due to the country’s dynamic business landscape, ever-evolving regulatory environment, and diverse workforce. With a thriving economy and strict regulations governing areas such as mandatory contributions and tax compliance, businesses face the challenge of staying updated and ensuring accurate calculations. Additionally, managing employee benefits, deductions, […]
Compliance
Expanding a business into new markets, particularly in foreign territories, poses a multitude of challenges. Each country has its unique regulations, employment laws, and cultural nuances, making the process complex and time-consuming. Singapore, a thriving business hub in Southeast Asia, is no exception. However, businesses can simplify their expansion into Singapore significantly by capitalizing on […]
Compliance
Payroll is a critical component of any business’s operations. Ensuring accurate and timely payment to employees across different countries is vital for maintaining their satisfaction and avoiding legal complexities. However, managing global payroll can pose significant challenges. This is where Slasify, a trusted global payroll provider, can make a difference. In this article, we explore […]
Global Trends
As remote work becomes a norm, workers are increasingly looking for ways to combine work and travel. One trend that has emerged in recent years is the “workcation” – a combination of “work” and “vacation” that allows remote teams to work from a different location while also enjoying a change of scenery.A workcation can take many forms, from a week-long trip to a different country to a weekend getaway to a nearby city. The key is that remote workers are able to work from a different location while still fulfilling their work responsibilities. As workcations are becoming increasingly popular, there are also many benefits of taking workcations, especially in groups, in a form of company retreat.
Global Trends
It’s not surprising how quiet quitting might affect managers’ trust in flexible working culture. Businesses have started to ask their employees to come back to the office for the fear of employees slacking off quietly at their home office. With burnout as one of the main contributions to quiet quitting, is asking employees working from the office a wise decision to mitigate the risks of quiet quitting?
Global Trends
To fully understand the definition and context of quiet quitting, to put it planly, it can be translated as a form of employee disengagement. This phenomena is the result of various different reasons such as unfair pay, extremely overloaded workload, poor workplace boundaries, and more. In plain words, quiet quitting encourages employees to do their bare minimum to complete their work, and resist going above and beyond. Popularized by one of the currently booming social media platforms, TikTok, quiet quitting like it’s name, is a rather less aggressive movement against bad workplaces and bosses that don’t value their employees time and effort fairly. Still, the negative impact of quiet quitting to organizations cannot be underestimated.
Global Trends
It is beyond question that Cryptocurrency is really catching our eyes these recent years. It has a lot of potential and benefits to fit the 4.0 digital transformation. But employers need to keep in mind that to become utilize cryptocurrency as a payroll, they need to master the knowledge about the trade market, the cryptocurrency’s conversion value, trading procedures, wallet policies and securities, and most importantly labor legal law. Apart from the issues mentioned above, the potential risks, the data security, and its volatility are the essential matters when dealing with cryptocurrency.
Global Trends
Job scammers, or can be identified with a more professional term is “Cyber criminals”, appear when they trick victims to believe they are doing a dream job that resolves the victim’s difficult situation. This matter has happened for a long time yet modern technology made the scam more delicate and lucrative. They can disguise themselves as legitimate employers, fake a company website, and create fake job recruiting on online job platforms that have high user traffic rates. A victim of the job scam can face the following situations as consequences:
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Your employees are just starting their journey with your organization. They are just as excited as you to embark on their new journey as you are to welcome them to be part of the team. Before the pandemic, your new hires will come to the office for their first day and finally meet their colleagues for the first time, get introduced to the whole department, and have a little tour of the office before they get to know their role better on the training. But it’s not like that to onboard your remote team.
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One of the biggest myths of remote working is that employees lie around in their room watching Netflix or having a Monday brunch instead of working on their share of responsibility. But the truth is, the benefit of remote working is that remote workforce is now able to do all those while maintaining their working performance. On-site employees are able to show up from 9 to 5, five days a week, and yet they are most likely struggling to optimize their productivity compared to the remote employees.
Global Trends
Counterintuitively, with the backlog in resignations, the number of burnout workers is increasing. With the vaccine starting to become widely available earlier this year, it indicates that the economy will start to recover. As burnout becomes one of the predictors of resignation, many workers decided to take their time off this year despite the bounce back in the economy.