The Advantages of a Flexible HR System in Adapting to Changing Regulations

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The Labour Department in Hong Kong announced that the Guidance Notes on Prevention of Heat Stroke at Work (new Guidance Notes) and Heat Stress at Work Warning introduced on 15 May 2023. This is just one example of the many labor and employment laws and regulations that companies are recommended to comply with. The new Guidance Notes are aimed at reducing the risk of heat stroke among workers, by providing guidance to employers on how to identify, prevent and manage heat stress at work. The new guidance has been released in response to the increasing number of incidents related to heat stroke each year.

Business regulations change from time to time. Companies are expected to keep up with the changes, so that they stay compliant with labor and employment laws. It is not only important for companies to stay updated on the latest labor and employment laws, but also make sure they are aware of all of the changes that occur in these laws. As a result, it is crucial for companies to have a flexible HR system that can adapt to changing rules and requirements with minimum customization cost.

Multiable HCM system adopts a no-code approach, which provides a high level of flexibility in adapting to the changing environment of rules and requirements. This means that companies can easily modify their HR system to comply with new laws and regulations without the need for extensive customization. The no-code approach also ensures that the system is easy to maintain and update, reducing the cost and time required for customization.

An enterprise system like Multiable HCM system offers many benefits to companies, especially when it comes to following up-to-date labor and employment laws and regulations. With an enterprise system, companies can easily manage their HR processes and data in a centralized location. This makes it easier to ensure that all employees are properly classified, paid, and managed in accordance with the latest laws and regulations.

Additionally, an enterprise system like Multiable HCM system can automate many HR processes, reducing the risk of errors and ensuring compliance with labor and employment laws. For example, the system can automatically calculate overtime pay, track employee leave, and generate required reports, all while ensuring compliance with the latest laws and regulations.

Business software like Multiable HCM system also provides companies with real-time visibility into their HR processes and data. This means that companies can quickly identify and address any compliance issues, reducing the risk of penalties and legal action.

In conclusion, a flexible HR system like Multiable HCM system is essential for companies looking to comply with up-to-date labor and employment laws and regulations. The no-code approach and automation capabilities of the system ensure that companies can easily adapt to changing requirements with minimum customization cost. Additionally, the centralized location and real-time visibility provided by the system make it easier for companies to ensure compliance and avoid legal issues. With the right HR system in place, companies can increase efficiency and reduce costs while also improving employee engagement and satisfaction.

About Multiable:

Multiable is a renowned provider of HR software and services, with extensive expertise in the field. We have built a reputation for delivering high-quality solutions that help companies streamline and automate their HR processes, improve employee engagement and satisfaction, and comply with various regulations. Our successful implementation of human resources management systems has positioned it as a leader in the industry. Multiable takes pride in serving over 6,000 companies across Asia for more than 30 years. We are passionate about what we do, and it shows in our work.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process

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