COVID-19 has brought about a considerable amount of misery amongst folks. Micro, Small, and Medium Enterprises (MSMEs) have been hit tremendously laborious. The pandemic has pushed many of those companies over the sting, leading to earnings loss and unemployment for tens of millions.
Because the Philippines slowly recovers from the pandemic, increasingly more persons are making use of for jobs once more. How can MSMEs put together for ‘The Nice Re-Hiring?’
The Nice Resignation
In a latest research, a mean of 73.1% of MSMEs have been pressured to shut their companies a number of weeks after the COVID-19 outbreak and the lockdown measures have been applied. Whereas greater than half of the microenterprises had no gross sales in March 2020, others needed to be artistic with their options to proceed delivering gross sales. This meant that they needed to lay off workers or reduce their price range for different bills like their current workforce’s paychecks. The underside line is that they needed to make some sacrifices to maintain their operations working.
This has additionally affected the labor power. Their battle and frustration with the brand new regular have manifested into ‘The Nice Resignation’. The Philippines recorded a 176% enhance in voluntary resignation throughout all industries.
The Nice Re-Hiring
There’s a gentle on the finish of the tunnel. The Nationwide Capital Area and 48 different areas within the Philippines have remained on the most lenient COVID-19 alert stage – Degree 1. Which means the financial system, for probably the most half, is recovering as personal institutions and authorities businesses are allowed to function at full on-site capability. Extra folks have regained entry to public transportation and institutions, making it straightforward to get round. Some corporations have required their workers to return to work onsite. Some corporations have additionally thought-about hiring again the workforce they’ve misplaced throughout the top of the COVID-19 outbreak.
As increasingly more corporations are hiring workers to make up for the losses of the earlier years, listed below are some issues you might need to think about:
- Is your organization prepared for the sudden inflow of the added workforce?
- Are your organization’s programs ready for that inflow?
- What are the steps you’re taking to make sure the seamless onboarding of your new workers?
- How will you make these further workforce members really feel supported by the corporate?
A technique is to utilize a wise and fashionable all-in-one HR and payroll software program platform for attendance, timekeeping, payroll, and worker information administration.
Full-suite HRIS & payroll software program from GreatDay HR
GreatDay HR supplies MSMEs with an reasonably priced, easy-to-use HRIS & payroll platform that’s tailor-fit to the Philippine market.
Right here’s how your organization can use it to organize for ‘The Nice Re-Hiring’
1. Designed for the Philippines by Filipinos
GreatDay’s HRIS & payroll software program is designed with the Filipino worker in thoughts. One primary function is that Philippine taxes will already seem on the interface with out having to transform or fill out separate pages from third-party web sites. This not solely reduces errors but in addition lowers information safety dangers.
2. Automated work for extra productiveness
GreatDay’s user-friendly software program might help your HR:
With these automated options, your HR turns into extra productive!
3. Straightforward-to-use interface for everybody
GreatDay’s HRIS & payroll software program is straightforward to make use of. Any info entered, from the corporate’s processes to worker information, might be saved within the system. The transition from paper-based submitting to on-line submitting on a single platform might be seamless.
Guide HR processes like submitting authorities paperwork, monitoring payrolls, or updating worker info could be carried out in a number of clicks.
4. Accessible add-ons for higher person expertise
GreatDay HR places personalized person experiences on the forefront.
Usually, primary HRIS & payroll software program covers worker information, time and attendance, and payroll. GreatDay HR supplies these, then gives add-ons akin to Efficiency Administration, Recruitment, and Inner Communications.
Different add-ons embrace a spot for workers to file their leaves, replace their worker information, and add required paperwork. This empowers your workforce to achieve a way of possession of their information and privateness. GreatDay HR additionally permits your HR workforce and instant superiors to finish approvals inside the platform. This makes processes quicker and extra environment friendly so you possibly can concentrate on higher managing your workers.
With these choices, MSMEs can combine and match the essential package deal with add-on companies to create an HRIS that’s tailor-made to their particular wants.
5. Inexpensive pricing for Philippine MSMEs
A wonderful payroll software program doesn’t must be expensive. GreatDay HR acknowledges the significance of each peso to MSMEs, so it strives to be one of the vital cost-effective payroll programs within the Philippines. Their full-suite HRIS & payroll platform comes with versatile plans to suit any firm’s price range. Add-ons are additionally fairly priced for corporations seeking to broaden the automation of their HR processes throughout the group.
HR personnel ought to know that adapting to the digitization of HR programs within the Philippines is the one method ahead to remain aggressive in the long term. To make ‘The Nice Re-Hiring’ simpler on all people, particularly the HR division, use an HRIS & payroll software program like GreatDay HR. It’s configurable, reasonably priced, and modified to the wants of Philippine SMEs!
GreatDay HR is without doubt one of the platforms supplied by SunFish DataOn Philippines Inc. (SDP), the main supplier of cutting-edge Human Sources know-how options utilized by hundreds of corporations within the Asia Pacific area, together with the Philippines. Collectively, with its sister corporations, Humanica Thailand and DataOn Indonesia, SDP creates HRIS and Payroll Options for worker empowerment throughout the board. With its 50+ workers and rising within the Philippines, SDP gives a complete and clean assist service to all its valued shoppers.
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