UPDATED NEWS

2022-08-15

Build a successful human resource management strategy

Most of SMEs and startups do not have a professional human resources department, some administrative staffs can fulfil this role. Businesses might easily fail without a clear HR strategy because of the following 5 primary barriers: - Predictions and actual results are never the same. As a result, leadership and management should avoid setting "unrealistic" goals in order to exert pressure on the decision...

2022-08-12

4 Advantages of Payroll Service

HR departments cannot focus on higher productivity functions, as most of their productive hours are invested in managing payroll, accounts, taxes, and routine administrative work leading to a “saturated” state at the end of the day. Outsourcing payroll and administrative functions to external agencies helps companies strategize their efforts and provide coordination within a team to achieve...

2022-08-09

Digital transformation - Catch up with world's trends

What exactly is digital conversion? In Vietnam, "Digital Transformation" is commonly defined as the process of transitioning from a traditional business model to a digital one by utilizing technological trends to alter management and leadership styles, work processes, and corporate culture. Digital transformation is slowly transforming the corporate world; it not only alters how firms are seen,...

2022-08-05

What is HRBP? Why do firms require HRBP in order to expand?

As a strategic HR position in today's businesses, who are the HRBPs and what are they doing to drive the organization's growth? What is HRBP? HRBP stands for Human Resource Business Partner, which means Human Resources - business partner. This is a senior position within the Human Resources department, tasked with optimizing HR operations to support the organization's business goals. Why...

2022-08-02

Developing L&D with terra Academy

What is L&D? L&D is an acronym for Learning & Development, which means learning and developing. This is a department under the Human Resources department. The role of L&D in the enterprise  L&D has many roles in building, training and developing the quality of the company's staff. At the same time, the activities of the L&D department also contribute to the effective...

2022-08-01

Payroll service for foreign direct investment companies in Viet Nam

Introducing Payroll service for FDI businesses   Payroll management is the financial and human resource management that every company, large or small, must perform. With the requirements of speed, transparency and compliance with the law at work, it has created a burden of time and human resources for foreign businesses. Payroll service providers use human resources to assist businesses...

2022-07-28

Information security when selecting an outsourcing service provider

Human Resource Outsourcing is one of the methods that may help organizations streamline operational procedures, and it has numerous advantages over utilizing internal people, such as: - Process work swiftly and within the task processing time limit. - Save time and effort for the enterprise's leadership and internal workers. - Payroll accuracy is essential for guaranteeing work quality. But...

2022-07-25

Market survey - Does the business need to do it?

The business environment, customers and competitors have always played an important role for businesses and organizations, influencing strategic decisions, new product launches or other process decisions, business management, and investment. Market surveying is essential in a competitive market where too many products compete fiercely for customer acceptance and/or use. Therefore, the better...

2022-07-21

The switch for traditional payroll solution

According to global trends, adopting technology or alternative solutions in the payroll process is always preferable due to the associated benefits. However, many businesses are still unaware of this trend and continue to use the manual compensation calculating approach. According to the normal salary calculation method, the human resources department must:  - Export data from timekeeper to receive...

2022-07-18

Concerns for determining overtime pay for employees

Some concerns that HR needs to know the mistakes to avoid in calculating and paying overtime wages to employees. So what is overtime and how is it calculated? Are there any salary regulations that employees should pay attention to? What is overtime pay? This is the cost that the company will have to pay for you when working overtime outside the working time frame prescribed by the business. Overtime...