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Work Injury Compensation Act (WICA): The HR’s Guide

November 16, 2022

Work Injury Compensation Act (WICA): The HR’s Guide Work Injury Compensation Act Work Injury Compensation Act With the rising workplace fatalities throughout the year, HR […]

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Work Injury Compensation Act Singapore [WICA]: The HR’s Guide

B2B November 16, 2022

Work Injury Compensation Act (WICA): The HR’s Guide

Work Injury Compensation Act

With the rising workplace fatalities throughout the year, HR leaders play a vital role in ensuring good safety and health practices in the workplace. This involves maintaining regulatory compliance that falls under the Workplace Safety and Health (WSH) mandatory guidelines.

One of the most important WSH obligations HR needs to prioritise is the Workplace Injury Compensation Act (WICA) that protects both employees and employers when workplace incidents happen. Here’s everything you need to know about the Work Injury Compensation Act.

What is the Work Injury Compensation Act

The Work Injury Compensation Act (WICA) establishes a streamlined and simplified system that allows employees to make claims for work-related injuries or diseases without having to engage a lawyer and commence formal civil proceedings. [1]

However, employers remain liable for claims under both WICA and common law from all employees.

In accordance with WICA, all employers are required to acquire and maintain work injury compensation insurance to fulfil the responsibilities for compensation that may arise under the legislation.

💡Note: All insurers must be approved by the Commissioner of Labour before they can offer WICA-compliant policies.

The Work Injury Compensation Act (WICA) covers all local or foreign employees who are under a contract of service or contract of apprenticeship, regardless of salary, age role, or citizenship. [2]

However, there are some exceptions. It doesn’t cover the following:

  • Independent contractors and self-employed individuals
  • Domestic workers
  • Uniformed personnel including members of the Singapore Armed Forces, Singapore Police Force, Singapore Civil Defence Force, Central Narcotics Bureau and Singapore Prison Service

Generally, an employee who suffers any injury from an accident arising out of and in the course of employment is eligible for compensation under the WICA.

With the advent of remote working arrangements, the Ministry of Manpower (MOM) has confirmed that employees will be able to claim compensation for an accident that took place outside the employer’s designated workplace (i.e., the office), as long as it arises out of and in the course of the employment, such as when an employee is working from home or at a client site.

Employees are also eligible to make a claim for accidents that happen outside of Singapore. This further shows that the company’s obligation to sustain a safe working environment doesn’t begin and end in the office.

Find out more here to see which scenarios are covered under WICA.

💡Note: Employees who have been infected with COVID-19 due to work activities or exposure arising out of and in the course of work will be able to claim compensation under the WICA regime. [3]

All eligible employees can make a claim under the Work Injury Compensation Act (WICA) if they have: [4]

  • Been injured by an accident arising out of and in the course of employment.
  • Been injured while on an overseas assignment.
  • Contracted an Occupational Disease.
  • Contracted a disease from exposure to biological or chemical agents at work.
  • They no longer work for the employer or their work pass has been cancelled.
  • The accident happened while they were on an overseas assignment.
  • The accident happened while on a work-from-home or other flexi-work arrangement that they agreed with the employer.

Dependents of an employee who died due to a workplace accident can also make a claim on behalf of the employee. [2]

Employees who are covered by the Work Injury Compensation Act (WICA) can claim for the following types of compensation benefits: [5]

  • Medical leave wages — this is for days an employee was issued with medical leave or light duty, due to a work injury or disease.
  • Medical expenses — this includes the employee’s hospital bills, medication and other charges, due to the work injury.
  • Lump sum compensation — this is for the employee’s permanent incapacity, current incapacity or death.

The amount of compensation to which an employee is entitled under WICA depends on whether the employee suffers incapacity (permanent, current, or temporary) or dies as a result of the accident.

  • Permanent incapacity is based on a doctor’s assessment after the medical condition has stabilised.
  • Current incapacity may be based on the extent of incapacity at the 6-month mark as most injuries stabilise within 6 months from the date of the accident.
  • Temporary incapacity refers to an injured employee being temporarily unable to perform work and earn usual wages after being placed on medical leave.
  • Medical leave wages for working days covered by doctor-granted MC, light duty or hospitalisation leave, up to one year from the date of the accident.
  • Medical expenses related to work accident for medical treatment received within one year from the date of the accident, or up to a maximum of $45,000, whichever is reached first.

The claim process differs depending on the type of case. For fatal accidents, HR managers need to notify MOM as soon as possible and submit an accident report within 10 days from the date of the accident.

For non-fatal accidents, make sure to submit an incident report within 10 days from the date you were first notified of the accident. An employee needs to be hospitalised or given any instance of medical leave or light duty to be considered as a non-fatal accident. [6]

  1. After reporting the accident, the employer must continue to pay medical leave wages and medical expenses. The designated insurer or MOM will send you a medical report form.
  2. Once the medical report form has been paid and sent to the hospital or clinic, the completed report will be sent to the designated insurer or MOM.
  3. Then, you’ll receive the notice of assessment (NOA) or notice of computation (NOC) where the compensation amount will be included.

💡Note: If you’re waiting for payment from the insurance company, you must still pay the employee’s medical leave wages and medical expenses first, and get reimbursed later.

If they have an outstanding claim under the Work Injury Compensation Act (WICA), employers are not allowed to send their employees home against their wishes.

Several changes have been made to the WICA to further build a safe and responsible working environment for all employees and protect them from unfair compensation. [7]

  • From 1 January 2020, the minimum and maximum amounts have been increased in respect of compensation for death and total permanent incapacity (including current incapacity) as well as the maximum limit for medical expenses.
  • The range of compensation for death falls between $76,000 and $225,000. While the compensation for total permanent incapacity ranges between $97,000 and $289,000.
  • The medical expenses are set with a maximum of $45,000, or up to 1 year from the date of the accident, whichever comes first.
  • From 1 April 2020, the salary threshold for non-manual employees requiring work injury compensation insurance will be increased to $2,100, regardless of where they work. It will further increase to $2,600 from 1 Apr 2021.
  • Employers must still acquire insurance for all manual employees, regardless of salary.
  • From 1 September 2020, all employees who have been placed on light duties because of work injuries will be compensated for their lost earnings based on their average monthly earnings.
  • Every employee on outpatient or hospitalization sick leave will continue to be compensated for their lost earnings.
  • From 1 September 2020, employers are required to report all work-related medical leave or light duties to MOM.

Employers are likely to be affected by these changes to WICA even while many of their employees continue to work from home.

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Conclusion

For HR managers, it’s important to prioritize the employees’ well-being by maintaining regulatory compliance with the WICA policies. Keep yourself updated with the significant policy changes and review relevant employment guidelines regarding work-related injuries. Let us all build a better world that enhances employees’ health and safety in the workplace.

Know more about Work Injury Compensation Act

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Benefits Of Automated Attendance Management System for Remote Workers

Uncategorized March 10, 2022

Benefits of an attendance management system

As we continue to adapt to hybrid working arrangements, manual attendance tracking systems will only cause a series of struggles such as heavy documentation workload, inaccurate records, and time-consuming processes.  

Instead of relying on paper-based or Excel timesheets, organizations should consider implementing automated management software that allows real-time tracking of employee working hours, breaks, and time off – helping HR professionals to manage employees’ attendance records in a simplified manner.   

A reliable and multifunctional attendance management software like QuickHR helps companies secure accurate attendance records and minimize heavy workloads.   

Here are some of the top beneficial features of automated attendance management software:  

1. Enhanced visibility across remote work arrangements  

If you use traditional clocking options like manual recording, punch time cards, or Excel timesheets, it’s nearly impossible to constantly monitor remote workers when they’re on the job, at home, or traveling for work.  

An attendance management system comes with GPS functionality which helps obtain accurate updates on the employees’ whereabouts during their work schedule. You can also see where they’re logging in from. These records can help you make sure that the employees are carrying out their duties at work.  

2.  Helps in monitoring shortfall and advanced scheduling  

Instead of relying on E-mails, calls, or texts, the attendance management system can help to ensure that employees will receive last-minute changes to their work schedule.  This eliminates the possibility of missing texts or work interruptions that may cause conflicts with the daily workflow of the operations. 

With an automated attendance system, HR can create, monitor, and update different work schedules for every employee in real-time. This way, HR teams can instantly plan for relief staff, especially when dealing with a limited workforce with changing shifts.  

3. Ensure fair evaluation of employee performance  

Daily attendance is an essential factor for evaluating employee performance. With accurate and real-time attendance tracking, it’ll be easier to determine if there’s a decline in their productivity. If you notice any inconsistency, you can attribute it to their attendance records and use it to hold them accountable for their performance at work.  

Employees’ clock-in and clock-out times and how often they’re present at work can be tracked by automated attendance software. As a result, HR managers won’t have to switch through records or excel sheets to analyze and keep track of every employee’s attendance.   

4. Prevent false attendance  

Employees can easily fake their attendance records by asking their co-workers to punch in their time cards for them, or by providing someone with their login credentials to record the information.   

With the biometric system built in an attendance management software, it’ll be impossible for employees to do a fake attendance as it’s impossible to fake someone’s fingerprint or facial pattern.   

 5. Deliver accurate and time-efficient payroll processing  

Accurate attendance records are necessary to calculate the exact compensation for each employee. This mainly involves the employee’s overtime, paid time off, half-day, leaves, etc.  

Attendance management software helps in distributing error-free pay runs by making all employee records visible and easy to access for HR managers.  

6. Ensure regulatory compliance  

With an automated attendance system, HR can easily ensure compliance with employment guidelines. This includes the regulations regarding the employees’ time off, overtime pay, and vacation leave.  

To prevent any legal compliance issues, organizations must streamline their attendance system through automation. Attendance management software allows HR to easily implement changes in company policies in accordance with government regulations.  

With QuickHR’s all-around attendance management software HR professionals can:  

  • Make instant adjustments to employees’ work schedules  
  • Ensure accurate calculation of overtime pay, hourly pay, off day, rest day, and public holiday rates   
  • Review monetary incentives or penalties before translation to payroll  
  • Guarantee real-time tracking through Google geolocation technology  
  • Clock in and out from mobile devices by manually, facial recognition, or fingerprint scanning   

For instance, if the employee is a construction worker, he can clock in and out using the mobile app and HR can automatically track his location from where he’s clocking in and verify if he’s at the actual site he’s assigned to.  

Most importantly, our holistic attendance management software auto-syncs with your payroll system – helping HR to consistently deliver accurate and on-time payroll processes.  

Discover how QuickHR can help you establish faster and smarter attendance management processes — Book a free demo today!   

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Why HR Automation is the Key to Help Your Team Avoid Burnout

Uncategorized March 4, 2022

hr automation

Due to the post-pandemic workplace challenges such as limited workforce or hybrid work arrangements, HR teams struggle to keep up with their workflows, causing them to deal with a heavy load of tasks.

For instance, it can be tough for HR managers to handle the payroll processes because of the multiple pay runs with different shifts. Managing employees’ attendance can also be hard due to the flexible work schedules.

By automating HR workflow, organizations can easily simplify and streamline complex and deadline-driven HR processes, allowing HR professionals to perform each task in an error-free and timely manner.

Here are some key benefits that organizations can enjoy by automating their HR workflows:

Increase business productivity – HR automation software helps businesses maximize workplace productivity by automating all critical business processes. HR managers can complete more tasks at one time and achieve error-free outputs in less time if there’s an automated workflow for each task.

Reduction in costly errors – Mistakes and errors in HR processes can cost businesses a lot of money. Particularly, when doing payroll, a single mistake can cause a serious financial issue or legal complication to the business. With the help of holistic HR software like QuickHR, you can experience fast, smart, and reliable workflow which will lead to increased productivity increased sales and reduced costs.

Helps HR adapt to business growth – For startups and small businesses with a growing staff, it can be tough to manage every employee record across different departments. Especially during the post-COVID situation where hybrid working arrangements are being implemented.

With automated HR software, it’ll be easier for HR professionals to perform the tasks in a streamlined manner, helping them adapt to the workflow changes caused by the increasing staff. As a result, it allows HR to focus on what is important and delegate the rest of the tasks.

Monitor attendance and work schedules – HR software allows automatic tracking of employees’ attendance to instantly adjust the timesheets accordingly, especially for shift workers. This will help to better plan the work schedules and manage the payroll as well. 

With QuickHR, employees can clock in and out using their mobile devices. Designed with geolocation technology, QuickHR allows easy tracking of real-time activities where all data will be collected and directed straight to managers. 

Deliver accurate and time-efficient payroll processes – With automated HR software, there’s no need to manually calculate every employee record including attendance, leave, claims, and other deductions or incentives. 

Reducing manual tabulations allows more time for HR professionals to focus on more important HR tasks during early business stages like recruiting and hiring.

QuickHR’s all-inclusive payroll software simplifies multiple pay runs for full-time, part-time, and freelance employees with different pay periods. The payroll generation includes salary allocations, leave applications, claims, and more.

If you want to know more about QuickHR, book a free demo today with absolutely no terms and conditions!

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What are the benefits of HR analytics

Uncategorized March 4, 2022

With HR analytics, the management can get deeper insights into their collected data. Analytics can be applied to relevant metrics such as turnover rate, acceptance rate, absenteeism, and revenue per employee. HR analytics can help the management create actionable and data-based solutions to workforce concerns.

  • Helps improve employee performance and boost productivity

The results from the performance evaluations give the management insight into how they can help the employees to excel. This involves providing unbiased feedback as well as opportunities and resources to improve the employees’ skills. Performance evaluations are one of the best ways to better understand the needs and goals of the employees such as professional development, which helps to attract and retain great employees in the company. If the employees don’t feel like they’re getting closer to their career goals, they’ll eventually leave.

  • Attracts the best talent and gives knowledge of why people leave

People are vital to the success of any company. HR analytics can help to provide businesses with the insights to attract the right competencies, recruit people with the right skills, and manage talent effectively. By using recruitment and onboarding feedback, hiring managers can improve the candidate’s experience and attract a wide pool of talent.

The use of HR analytics can also assist HR managers in writing better job postings that attract the most suitable candidates. It also helps them to figure out where to post the open jobs. This way, they’ll only spend time and money recruiting the right people at the right place.

  • Determine the employees’ level of work engagement

HR analytics can help the HR teams to easily determine if the employees have consistent dedication to work. By knowing how many employees are reporting on time, the company will be able to know which employees they must keep. Having a team filled with people who always arrive on time improves productivity at work and even saves costs associated with the paid time off for absent employees.

  • Helps identify the right benefits for employees

Pulse surveys can be used as a way to acknowledge the honest thoughts of the employees towards the current benefits system of the company. HR professionals can conduct pulse surveys to figure out the most relevant benefits for the modern workforce. This way, the management will be able to easily decide which monetary or non-monetary benefits will be suitable for every employee.

The effectiveness of the data analysis depends on the actions taken after the survey ends. It’s also important that there’s enough time in between each survey to implement the changes.

HR analytics can help small businesses pursue progressive growth and large enterprises to maintain a competitive edge in the market. However, always remember that a data-driven approach can only deliver useful and effective results if there’s continuous communication and improvement within the company.

For more information on accurate reports and analytics for managers request your free demo at QuickHR HRMS Software in Singapore for a free 14 days trial.

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Easiest And Smartest Way to Simplify Your Payroll Process

Uncategorized February 23, 2022

Simplify your payroll process

Simplify your payroll process

The smartest way to simplify your payroll process is to use automated payroll software that’ll assist HR professionals in managing complex and deadline-driven payroll processes. With the help of comprehensive payroll software, it’ll be easier to fulfill all the payroll obligations with precision and timeliness.

With a myriad of payroll software solutions to choose from, it can be quite difficult to find the right one that’s suitable for the early and long-term business needs of a company.

Fortunately, QuickHR, a fully integrated cloud-based Human Resource Management System (HRMS), provides a full-spectrum payroll module where HR professionals can experience automated, simplified, and streamlined payroll processes, ensuring that every employee is receiving accurate and fair compensation on time.

Let me tell you more about the reasons why an all-inclusive payroll software such as QuickHR can simplify and streamline.

Carry Out Pay Runs with Greater Speed and Accuracy –

With automated payroll software, there’s no need to manually calculate every employee record including attendance, leave, claims, etc. Reducing manual tabulations allows more time for HR professionals to focus on higher-value HR tasks during early business stages like recruiting and hiring.

QuickHR’s payroll module helps ease hectic payroll periods by holding constant communication with every HR process such as salary prorations, leave applications, timesheets, and more. These modules are interconnected within the platform where HR departments can access and process real-time records all in one place.

With QuickHR’s solid integration framework, organizations can prevent delayed salary distributions and heavy workloads.

Generate Accurate and On-Time Payslips –

To avoid manual errors and boost employee morale, payroll software helps keep track of work hours and facilitates timely paychecks with great precision.

The all-inclusive payroll management software of QuickHR enables simplified and streamlined payroll runs with more detailed analysis and better accuracy. It’ll be easier to guarantee error-free calculations of benefits, claims, leave, ATS, business expenses, and more.

Ensure Regulatory Compliance –

With payroll software’s auto-inclusion and full regulatory compliance features, businesses will be able to prevent fines and penalties which may lead to great financial loss.

QuickHR’s payroll software allows automatic calculations and deductions in adherence to the government compliances. These include tailored CPF formulations, auto SDL deductions, Bank GIRO and CPF submission features, and MOM itemized payslips.

Being an IRAS-approved software solution, QuickHR guarantees smooth monthly submission by handling IRAS season with direct AIS linkage of payroll information captured on the system.

Deliver Detail-Oriented Reports and Analytics –

With an extensive analysis of the overall salary structure and staff costs across departments and even individual jobs and contracts, it’ll be easier to execute smart decision-making for future business plans.

QuickHR’s payroll software has the ability to analyze employee data and create customised analytics on HR matters such as attendance, payroll, leave, and claims, providing a wealth of meaningful reports.

Secure and Maximised Data Storage –

Automated payroll software solutions offer heightened data security, ensuring that all employee and business records are stored securely on its servers.

QuickHR is built with improved data security, featuring a cloud infrastructure with multi-tier encryption. This means that data in the underlying storage is encrypted, as are the automated backups, snapshots, and replicas. QuickHR is one of the only two cloud HR solutions in Singapore that is certified with the best security and privacy certifications such as the highest level of Multi-Tier Cloud Security Standard (MTCS).

Ease of Use –

Payroll software can be easily configured with different features, options, rules, and policies, depending on the business needs. These simplified configurations allow increased work efficiency and productivity.

The full-spectrum payroll module allows instant and easy modifications on all necessary payroll account entries such as attendance data, salary structure, timesheets, leave, claims, and more.

Offers Remote Accessibility –

Payroll software comes with mobile accessibility where HR teams and employees can access and upload information as well as monitor real-time updates while on the move.

QuickHR provides hassle-free and 24/7 accessibility to employees’ data across all mobile devices, offering an adaptable solution for both HR professionals and employees to access real-time records.

If you want to know more about it, feel free to request a free demo today with absolutely no terms and conditions!

HR software in Singapore for Free 14 Days Trial

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What Are The Top Benefits Of HRMS Software For Enterprises In 2022?

B2B, Technology February 11, 2022

Benefits of cloud-based HRMS software in Singapore

HRMS software is a type of enterprise resource planning (ERP) software that is specifically designed to manage the human resources of the company. It helps in automating many tasks and processes related to

HR management

Payroll

Attendance management

Benefits administration, etc.

HRMS software can help businesses in many ways including:

– Optimizing workforce productivity by automating tasks and processes.

– Reducing costs by using cloud-based solutions.

– Improving HR services by providing better customer service.

– Enhancing retention rates with better benefits administration.

– Increasing employee engagement with gamification features.

HRMS software has the following benefits in the year 2022, which are listed below:

– Security

– Scalability

– Mobile support

– Online HR services

Some of the best HRMS software in 2022 are QuickHR, Workday, Success Factors, Kronos Workforce Management solution. These are some of the HRMS software with benefits for enterprises.

HRMS software, originally created for business enterprises, would substantially evolve and explore newer avenues to ensure larger employment levels.

In conclusion, HRMS 2022 is a clear winner as a tool that integrates all employee-related activities within a single portal. The system offers functionalities such as integrated benefits — health insurance program and links employees to the company’s payroll system.

Since over half of small businesses do not have access to these two critical elements. These benefits however will be offered by companies as an additional cost instead of being offered as part of employee compensation packages financed by employers themselves so as not to drive up the operational cost significantly.

In 2022 according to a study purely conducted by AIER, software tools for this purpose would be less relevant, but it will continue to consolidate all HR activities under one platform.

employee-related activities within a single portal. The system offers functionalities such as integrated benefits — health insurance program and links employees to the company’s payroll system.

Since over half of small businesses do not have access to these two critical elements. These benefits however will be offered by companies as an additional cost instead of being offered as part of employee compensation packages financed by employers themselves so as not to drive up the operational cost significantly.

For enterprises, the most important part of their value proposition is not web facilities, but HR. If they do not invest in HR software soon they will find it difficult to reap the same growth and efficiency benefits in 2022 or even 2025.

These HR software solutions also provide efficiency, effectiveness, utilization of resources for low-cost maintenance, an administration that is guaranteed to be unbiased, etc. Moving forward into 2022 on similar lines with that mindset will generate great results for enterprises.

Cloud HRMS software defines the way the world works. Now, more than ever before.

HR management is one of the most repetitive jobs ever performed in any industry. This process is usually hidden from view, so people who are not around on a daily basis may entirely miss its importance to everyone’s success.

Nowadays the new term comes in Cloud HRMS software — Cloud-based software installable through app store onto your mobile phone, desktop computer, or laptop with zero clients IT administration.

HRMS Software in Singapore — For a 14-Days Free Trial Click Here

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3 Major Advantages Of Switching To a Cloud-Based HR System

B2B, Service February 2, 2022

3 Major Advantages Of Switching To a Cloud-Based HR System

The Human Resources Department is one of the most dynamic parts of any business. The department needs to always be abreast with the latest trends and methodologies to fulfill the demands of the workforce.

Technology takes the center stage as it plays an important role in streamlining different HR processes. This is an important aspect to reduce administrative tasks significantly and other paper works which are considered counterproductive.

To further strengthen HR’s presence in any company, improvement of its processes should be an urgent undertaking. Fortunately, a cloud-based HR system fully supports this goal. The system is an important ally in ensuring that processes are up-to-date, on-point, precise, and accurate.

Many companies have already taken part in rebuilding and overhauling their HR process. However, some still prefer to do it in the manual and traditional way. While manual HR processing may still work, it can’t guarantee 100 percent efficiency and accuracy in terms of deliverables.

Advantages of cloud-based HR system

1. Cost Efficiency

Companies care so much about their overhead expenses. As such, this thinking acts as a major deterrent in making the switch to a cloud-based system. Business owners and important decision-makers aren’t too clear on how cost-efficient this technology is.

There is no need for on-site servers and pricey software licenses. As everything is based online, companies only need to invest in a very stable internet connection, and that’s it. Also, running costs are relatively lower which makes it highly appealing to Small and Medium Enterprises (SME).

2. Convenience Of Access

Businesses need to have access to important reports anytime, anywhere. It saves them precious time as vital information and company details are readily available by simply logging into the system. The stress of being physically in the office to simply send a report is reduced, even eradicated.

Company action plans and other business decisions may be based on the reports easily pulled up from the cloud-based system. It can be accessed via Website or most of the time, even through mobile apps. All reports are comprehensive, yet easy to understand. Such reports can also be exported to different files for individual copy distribution (if needed).

3. Improved Accuracy

Since manual encoding is reduced, accuracy is immediately achieved. All reports in the system are automated which even need the approval to enforce accuracy further. Because of this, there is much confidence in any system-generated data.

Through the cloud-based HR system, business reports become uncontestable and reliable. It presents information in an as-a-matter-of-factual fashion, without manual manipulation and extrapolation. The system provides a realistic representation of the company’s HR status to specifically work on problem areas.

Who to work with?

QuickHR is proud to be Singapore’s leading Cloud-based HR Solution with accurate payroll software. Even better, our company aims to provide our most technologically advanced solution in a user-friendly, cost-efficient, and lightning-speed way.

Our cloud-based HR solutions system can be done with just three clicks — Generate, Preview, and Submit. It comes equipped with a CPF calculator and auto SDL deductions. Everything is designed to make HR operations hassle-free and easy.

All these functions are strategically laid out for easy navigation. This enables any user to easily explore all functions without taking too much time to learn. Even the most basic of users adjust easily and become expert users in no time.

Its vibrant web design also completes the entire user experience. The use of colors, animations, and text is geared to encourage playfulness and positivity. All these factors subliminally make any user stay longer and explore more.

Cost efficiency, convenience, and Improved Accuracy are achieved, no questions asked. Please visit our website at QuickHR or call us at [email protected] for more details.

For 14 days free trial click here

The Human Resources Department is one of the most dynamic parts of any business. The department needs to always be abreast with the latest trends and methodologies to fulfill the demands of the workforce.

Technology takes the center stage as it plays an important role in streamlining different HR processes. This is an important aspect to reduce administrative tasks significantly and other paper works which are considered counterproductive.

To further strengthen HR’s presence in any company, improvement of its processes should be an urgent undertaking. Fortunately, a cloud-based HR system fully supports this goal. The system is an important ally in ensuring that processes are up-to-date, on-point, precise, and accurate.

Many companies have already taken part in rebuilding and overhauling their HR process. However, some still prefer to do it in the manual and traditional way. While manual HR processing may still work, it can’t guarantee 100 percent efficiency and accuracy in terms of deliverables.

Advantages of cloud-based HR system

1. Cost Efficiency

Companies care so much about their overhead expenses. As such, this thinking acts as a major deterrent in making the switch to a cloud-based system. Business owners and important decision-makers aren’t too clear on how cost-efficient this technology is.

There is no need for on-site servers and pricey software licenses. As everything is based online, companies only need to invest in a very stable internet connection, and that’s it. Also, running costs are relatively lower which makes it highly appealing to Small and Medium Enterprises (SME).

2. Convenience Of Access

Businesses need to have access to important reports anytime, anywhere. It saves them precious time as vital information and company details are readily available by simply logging into the system. The stress of being physically in the office to simply send a report is reduced, even eradicated.

Company action plans and other business decisions may be based on the reports easily pulled up from the cloud-based system. It can be accessed via Website or most of the time, even through mobile apps. All reports are comprehensive, yet easy to understand. Such reports can also be exported to different files for individual copy distribution (if needed).

3. Improved Accuracy

Since manual encoding is reduced, accuracy is immediately achieved. All reports in the system are automated which even need the approval to enforce accuracy further. Because of this, there is much confidence in any system-generated data.

Through the cloud-based HR system, business reports become uncontestable and reliable. It presents information in an as-a-matter-of-factual fashion, without manual manipulation and extrapolation. The system provides a realistic representation of the company’s HR status to specifically work on problem areas.

Who to work with?

QuickHR is proud to be Singapore’s leading Cloud-based HR Solution with accurate payroll software. Even better, our company aims to provide our most technologically advanced solution in a user-friendly, cost-efficient, and lightning-speed way.

Our cloud-based HR solutions system can be done with just three clicks — Generate, Preview, and Submit. It comes equipped with a CPF calculator and auto SDL deductions. Everything is designed to make HR operations hassle-free and easy.

All these functions are strategically laid out for easy navigation. This enables any user to easily explore all functions without taking too much time to learn. Even the most basic of users adjust easily and become expert users in no time.

Its vibrant web design also completes the entire user experience. The use of colors, animations, and text is geared to encourage playfulness and positivity. All these factors subliminally make any user stay longer and explore more.

Cost efficiency, convenience, and Improved Accuracy are achieved, no questions asked. Please visit our website at QuickHR or call us at [email protected] for more details.

For 14 days free trial click here

Get in touch with us at https://quickhr.co/contact-us to find out more about our state-of-the-art HRMS solution!

Save up to 80% – We are PSG & IMDA approved!

QuickHR is a pre-approved digital solution for Enterprise Singapore’s Productivity Solutions Grant (PSG) and a Skills-Future Enterprise Credit (SFEC) supportable program.

Find out about the different grants available today and discover the best HR software for SMEs in Singapore.

For more information click here

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What Is The Best Payroll Software For Large Companies?

B2B, Uncategorized January 28, 2022

Best Payroll Software For Large Companies

QuickHR is #1 the best payroll software for large companies fully integrated cloud-based Human Resource Management System (HRMS), offers a full-spectrum and automated payroll module that delivers all of these aspects.

QuickHR’s comprehensive payroll management software provides a centralized platform that helps HR professionals to fulfill all the payroll obligations with precision and timeliness. 

Let me tell you more about how QuickHR simplifies the complex and time-intensive process of payroll generation.

First of all, QuickHR’s payroll software is built with constant interaction across 

In-Depth Integration With Every Employee and Business Records  

and cost settings. 

Ensuring that every employee will be paid fairly and punctually.

The all-encompassing software provides optimized payroll processes with automated and accurate calculation of wages according to varied shift plans, flexible overtime computation, and incentives for punctuality.

All that’s left to do is to approve them, saving time for higher productivity.

Integrated with QuickBooks Online and Xero, QuickHR also ensures that monthly payroll numbers stream right onto accounting charts, enhancing workflow efficiency.

Cross-Cultural Compensation Management 

For companies who manage multicultural teams, QuickHR offers multilingual itemized features to clarify the breakdown and categorization of pay, encouraging better understanding for the HR departments and employees as well.

With QuickHR’s smarter workflow, HR professionals will be able to secure maximum clarity and accountability despite the diversity in payroll runs.

Dynamic Payroll Generation

QuickHR’s versatile payroll software is capable of generating multiple pay runs for full-time, part-time, and freelance employees with different pay periods. With flexible and customizable settings, QuickHR will be fully compatible and suitable for a business’ growing needs.

Government Compliance

With auto-inclusion and full regulatory MOM compliance features, QuickHR’s payroll module allows automatic calculations and contributions to SHG, SDL, Holidays, and CPF in adherence to government compliances.

Being an IRAS-approved software solution, QuickHR also guarantees smooth monthly submission by handling IRAS season with direct AIS linkage of payroll information captured on the system.

Moreover, the Infocomm Media Development Authority (IMDA) has evaluated QuickHR as an effective, market-tested, and cost-effective pre-approved solution for government grants offered to SMEs.

Ease of Use and Remote Accessibility

Unlike many other HRMS, QuickHR comes with an accessible nature, making it an ideal platform for individuals who are relatively inexperienced with complex and deadline-driven payroll processes.

QuickHR also provides hassle-free and 24/7 access across all mobile devices where employees will be instantly notified once the itemized payslips are released.

Quality Customer Support

QuickHR has a dedicated team that assists in the implementation and utilization of every module as well as other general queries. 

The support team will always be available to assist in the most pressing times such as payroll week. 

They provide data migration services where they can walk you through your first pay run.

If you want to know more about it, feel free to request a free demo at QuickHR Singapore HR Software with absolutely no terms and conditions!

Get in touch with us at https://quickhr.co/contact-us to find out more about our state-of-the-art HRMS solution!

Save up to 80% – We are PSG & IMDA approved!

QuickHR is a pre-approved digital solution for Enterprise Singapore’s Productivity Solutions Grant (PSG) and a Skills-Future Enterprise Credit (SFEC) supportable program.

Find out about the different grants available today and discover the best HR software for SMEs in Singapore.

For more information click here

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