In today’s interconnected world, where businesses are constantly seeking new opportunities and growth avenues, the concept of a global workforce has become increasingly prevalent. Expanding operations across borders brings immense potential for tapping into diverse talent pools and accessing new markets. However, along with these opportunities come significant challenges that businesses must navigate to ensure […]
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 […]
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
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.
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.
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
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:
Compliance
When entering a foreign market, as a business entity or employer, you might find your competitors to be in the same market as you. Therefore, it is likely to become a war for talent. When you need to get talents onboard with your company as quickly as possible, Employer of Record (EOR) is the perfect solution to help you get up and running quickly while continuing to plan for your future brick-and-mortar company.
Global Trends
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.