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On this Labour Day, 🎉 we salute the contributions of workers everywhere. For Singapore Accountants, Labour Day is a reminder of the power of teamwork and dedication. 😊 Proud to celebrate with our incredible team! 🌟 #labourday #mayday #SGAccountants #RedefiningFinance #Finance #Accounting

Held on Thursday 23 May 2024, this webinar saw Mazars Outsourcing experts from Hong Kong, China and Singapore examine the evolving business environment on those main cities in APAC, recent regulatory updates and latest government initiatives. What is it really like to do business in those cities from accounting and tax to HR and payroll, our webinar explored a range of topics, delving into the latest information and offering insight from experts in the know. It was well received by participants and there are interactive sessions during the webinar.🔍 #mazars #mazarsinhongkong #webinar #doingbusiness #apac #china #hongkong #singapore

Seeking insights into talent management within the accounting and finance sectors? 💼💡 Join Kanruthai Somchitrmool, Manager of Accounting & Finance at Robert Walters Thailand and FutureCFO and, as they dive into the challenges and strategies for effective talent management. 🌟 Discover key takeaways and stay ahead of the game! Click the link below to learn more. #RobertWaltersThailand #hiringtrends #recrutiment #accounting #finance #news

In her discussion with FutureCFO, Kanruthai Somchitrmool, Manager of Accounting & Finance at Robert Walters Thailand, emphasises the significance for finance leaders to grasp ongoing changes for effective talent management. Explore the article for insights into challenges and retention strategies within the accounting and finance sectors. https://lnkd.in/e3VbnggB #RobertWaltersThailand #hiringtrends #recrutiment #accounting #finance #news

Register here → bit.ly/3yeT4Zy How are Singapore companies addressing the complexities and challenges of global payroll management? Recent research by Forrester has highlighted the need for a truly global solution, as existing systems often result in manual tasks, errors, and compliance issues. Join Mark Samlal and Andrew Knell from Deel on June 13th for a networking dinner at Mandala Club Singapore, where we'll explore strategies for enhancing global payroll operations, achieving compliance, and efficiency without the need for extensive additional resources. Discover how leading organizations are navigating these challenges and leveraging global payroll as a catalyst for growth. Admission is complimentary for eligible participants. Sashena Hassamal Sreedev M Jayaraj Shyamalima Gogoi Senjuti Ghosh Saket Bengani Sandeep Sivaram Mitch Speers Ashutosh Prasad #GlobalPayroll #PayrollManagement #GlobalOperations #PayrollEfficiency #ComplianceChallenges #PayrollSolutions #BusinessGrowth #EfficiencyStrategies #HRInsights #PayrollTechnology #WorkforceManagement #EmployeeSatisfaction #BusinessCompliance

When a Chinese company establishes a human resources department in Malaysia, it is essential to gain a deep understanding of and comply with Malaysia's labor laws, cultural norms, tax policies, and other regulatory requirements. This is key to ensuring the company operates in compliance with local laws and can develop smoothly. First and foremost, labor laws form the foundation of compliance. Malaysia has a comprehensive labor law system that stipulates standards for employment, wages, leave, sick leave, termination, and other aspects of the employer-employee relationship. The company must ensure that recruitment, compensation, working hours, and other employment practices align with Malaysian legal frameworks to avoid legal risks from non-compliance. Additionally, it is mandatory to contribute to employees' social security and provident funds, such as the Employees Provident Fund (EPF) and Social Security Organization (SOCSO). Next, understanding cultural norms is crucial for effective human resources management. Malaysia is a multi-ethnic and multi-religious country, with Malays, Chinese, Indians, and other minority groups living and working together. Therefore, it is important to avoid cultural bias in recruitment and daily management, and to respect employees' religious beliefs and cultural practices. For instance, Muslim employees may require halal food arrangements, and they have prayer times during the day. By recognizing and respecting these differences, companies can foster a harmonious working environment. Lastly, tax policies must also be carefully considered. Companies are required to comply with local corporate tax laws and ensure that employees' personal income taxes are paid on time. Employers need to handle payroll tax deductions regularly to remain compliant. By thoroughly understanding and adhering to these regulations, Chinese companies can establish a legally compliant, culturally inclusive work environment in Malaysia, which will help attract and effectively manage both local and foreign tale

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This move has raised concerns among employees about the implications for their compensation and job security. The pressure to comply with this request has sparked discussions about the potential impact on employee morale and retention within these companies. Stay tuned as this situation continues to unfold. #finance #HongKong #commonprosperity HRSINGAPORE is the first HR Network in Singapore and organises HR Workshops and provides HR Consultancy. Visit www.hrsingapore.org #hr #Singapore

📊 We're excited to share the latest Malaysia Finance & Accounting Salary Trend & Market Intelligence Report! Discover the transformative trends shaping Malaysia's Finance and Accounting sector, gain insights into the current job market, and learn about the most in-demand roles and skills. Our comprehensive report also offers valuable strategies for talent attraction and retention in the industry. 📄 Download the full report here: https://lnkd.in/g6x4HDTa For professional insights or any hiring needs, feel free to reach out to our consultants, Howard LEE and Cherylle S.. Let's navigate the evolving landscape of finance and accounting together! #Finance #Accounting #HR #TalentAcquisition #MarketInsights #Malaysia

Dive into the world of emerging markets? Discover the ins and outs of expanding a business while navigating payroll implications along the way. #ADPSoutheastAsia #EmergingMarkets #BusinessGrowth #PayrollSolutions