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
In an increasingly globalized world, businesses are expanding their operations across borders, tapping into new markets, and employing talent from different countries. While international expansion offers numerous opportunities, it also brings a unique set of challenges, particularly when it comes to complying with complex international employment laws. Failure to adhere to these laws can result […]
Interview
Before establishing your business and team in Singapore, let’s hear what Singaporeans have to say! According to Ms. Lau, an employee of a prestigious accounting firm, the concept of remote work has been warmly embraced by Singaporeans. When the pandemic initially struck, they swiftly adjusted to the work-from-home model and soon realized the multitude of […]
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 […]
Featured Article
To help global remote teams navigate this challenge, it is important to have a reliable global payroll provider service as part of your toolkit. This type of service can help you accurately and efficiently pay your team members in their local currency, while also ensuring compliance with local tax laws and employment regulations.
Here are some key features to look for in a global payroll provider service:
Compliance
Navigate Singaporean salaries, taxation, and tax filing with our comprehensive guide. Understand the Singapore tax system, tax deductions, and reliefs, and learn about employer and employee responsibilities. Discover how Slasify’s services streamline payroll management and ensure compliance for optimal financial planning.
Compliance
Learn how to maintain compliance with Singapore’s CPF regulations regarding CPF contributions, rates, and guidelines. Discover the benefits of HR and payroll software solutions in Singapore to streamline CPF compliance processes. Find out more about CPF contribution calculators and HR software options. Ensure accurate deductions and contributions while simplifying CPF compliance for your organization.
Borderless Workplace - a podcast
In this episode, Alan will also provide tips and strategies for companies looking to build effective remote teams and expand their operations overseas. This is an opportunity to learn from a seasoned professional in the field and gain valuable insights on how to navigate the current job market in the face of remote work and globalization.
Digital Culture
Digitally enabled talent encompasses all employees who have the skills and knowledge to leverage digital tools and technologies to improve their job performance. This includes non-technical roles such as marketing, sales, and customer service, where employees need to use digital tools to engage with customers and prospects effectively. In short, digitally enabled talent is any employee who has the skills and knowledge to work effectively in a digital environment.
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.
Borderless Workplace - a podcast
Discover remote teams and the future trends of remote work and the digital nomads landscape in Bali with Lavinia Iosub. Lavinia Iosub who is the co-founder of Livit Hub Bali, a digital and physical hub for entrepreneurs, startups and remote workers headquartered in Bali, Indonesia. Lavinia is a global entrepreneur with extensive experience across 4 continents, 40+ countries, and multiple industries. Lavinia is a future of work enthusiast who splits her time between Bali and other locations as a digital nomad.
Borderless Workplace - a podcast
Discover the key to successful global talent acquisition through employment compliance and global payroll. Tune in as Slasify’s senior management team, Austin, Jasmine, and Zac, share their expertise on building a thriving global remote team. Gain a deeper understanding of the complexities of employment compliance and how Slasify is leading the way in simplifying the […]
Compliance
The importance of being a compliant employer cannot be overstated. A compliant employer is a business or organization that adheres to all relevant laws, regulations, and requirements related to employment. This can include issues such as pay, benefits, working conditions, health and safety, and tax.
Being a compliant employer means taking all necessary steps to ensure that the business is operating in accordance with the law and all relevant regulations. Businesses must be aware of all relevant laws and regulations in order to be compliant employers, and to have systems in place to make sure they are followed.
Employer Contribution
Hong Kong is a major hub for international trade and finance, with a large port and airport, and a major financial center. It is also home to a number of major multinational corporations, and is a center for business services, such as accounting, consulting, and legal services.
However, when consider expanding to Hong Kong, there are a few local labor regulations that you need to pay attention to when hiring in Hong Kong. Aside from monthly salaries, employers in Hong Kong need to contribute to the Mandatory Provident Funds of their employees according to the local labor law.
Digital Culture
As we are nearing the end of the year, you might have heard people commonly referring to this period of time as “holiday season”. But do you know that the winter holiday season is commonly known and practiced mostly in North America? “Holiday season” is a North American term that refers to the period of […]
Mobility
When working remotely, all remote workers can enjoy the flexibility to work from anywhere outside the office. However, there are some possible HR implications for companies to allow employees to work remotely overseas. By law, when entering a country with a tourist visa, it is the visitor’s responsibility to perform work or engage with the local workforce there. This is where digital nomads’ visas can play an important role to allow remote workers to work beyond borders.
Digital Culture
Are you working remotely and communicating with messaging apps like Slack? Emojis are often used for a quick reply and to acknowledge someone without writing a long message. People often use emojis to inject humor into their digital conversations because they are informal, personable, and easy to use. It provides a reaction when texting someone […]
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.
Interview
CEO of Slasify and Domain Experts Walk You Through Asean Economic Performances And How Enterprises Are Facing Labor Shortage Challenges. As Coronavirus has swept across the whole world in 2020, remote / hybrid work mode and virtual learning has become a norm everywhere when the borders are closed and lockdown policies are implemented. During the […]
Employer Contribution
When employing talents from Singapore, as an employer, you are obligated to make monthly contributions towards your employee’s benefit, as mandated by local labor law. These contributions include the Singapore CPF contribution, specifically the Central Provident Fund (CPF) and Skill Development Levy (SDL).
Compliance
With the rising trend of remote work, many employees are considering relocating to an ideally better and less expensive neighborhood area to move in. Employees now don’t need to find accommodations close to their office anymore. In fact, employees are now more than ever to have the freedom to decide on where to work. However, geography-based pay comprises many complex factors. For this reason, it is crucial to acknowledge various approaches employers can take to implement these policies.
Digital Culture
Creating a DEI-friendly workplace by incorporating a diverse workforce, enforcing equity at work, and achieving inclusion to be embodied in the company culture is not easy. One of the main reasons as to why DEI hasn’t been widely implemented is mainly due to its relatively high cost. In order to create a DEI-friendly workplace, the company needs to allocate several resources as follows:
Digital Culture
Over the last few years, new market explored has created many new job demands in digital services such as programming, web development, digital design, social media, data analytics, etc., along with the health concerted and the business operation cost related to the prolonged pandemic circumstances, switches business operation using the internet and digital platform became the mandatory effective method. It’s quickly turned into trends in 2020 until this day. Business needs and demands vary among the industries, but the core features boiled down to the following four points:
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.