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About the Benefits of Employment Act The benefits of Employee Act are important when it comes to convincing an employee to do a job. The government of Singapore has enacted major amendments that impact businesses and employees that work for local and foreign companies under an employment contract in Singapore. The amendments are meant to…
What Are the Latest Employment Act Updates? The Employment Act updates have changes that took effect April of last year. First, they started to include more employees with a better protection package. Hence, companies have taken note of the changes, mainly on the legislation that governs the employment landscape. An amendment took place in order…
Know When You Can Start Hiring Employees The time will come when you must start hiring employees, but it is crucial for you to know if you are ready to take that step. It can be exciting yet unnerving because you will have questions in your mind. You might wonder if hiring employees will not…
Defining Salary Range for Employees The salary range is what you pay your employees based on their job or function. There are a minimum and maximum pay rate with opportunities for the employees to increase it. The range of salary is based on the market pay rate which was acquired through studies. This is a…
Retain Employees for Better Business Operations There are employees with topnotch talent, and you just want to retain them because of how much they contribute to your company. However, there are situations when your employee decides to leave and this is devastating especially if they are the best. The good thing is that there are…
What it is to Improve Financial Reporting Standards Singapore is a well-known global business hub. From the outset, the forefathers of Singapore have maintained a stable and transparent business environment. They have studied the nation and the world’s financial reporting standards and utilized the state’s potential to gain a competitive advantage. Financial reporting is used…
Optimize Accounting Software to Improve Profitability Everyone knows that money is very important in business, especially when it comes to development and success. Therefore, it is safe to say that a business greatly depends on accounting practices, procedures, and policies. That is why cloud solutions have emerged, catering to small and medium-scale businesses. Such innovation…
Information on the Accounting Trends in 2020 With the new technological advancements and global innovations, the economic environment continuously evolves and thrives. In addition, there are constant changes that are needed for growing organizations and improving business processes. These changes include the latest trends in accounting so that every business must apply to catch up.…