The 4 Most Important Quotients According to Psychologists, there are four types of Intelligence: Most people asked, which is more important in managing talents currently. It is crucial that both HR Personnel and Business Owners are able to know about these 4Qs and how they can use this to adapt in their business and/or teams First and foremost, let’s see …

Employers to be aware that Employment Act Will Now Cover All Employees With Effect from 1 January 2023 and the biggest financial impact is Overtime The amendments to the First Schedule of the Employment Act 1955 (“EA”) were gazetted on 15 August 2022 and with effect from 1 January 2023, the EA will apply to all employees. It is stated …

New Amendments in force for Malaysian Employees with effect from 1 January 2023 on Maternity Leave and Paternity Leave Lets start with the Maternity and Paternity Leave first What is maternity and/or paternity leave? Maternity leave is a type of leave that pregnant mothers typically take shortly before and after giving birth while paternity leave applies to fathers to their …

How and Who to Deal with Employee Absenteeism? What is employee absenteeism? Staff absenteeism is a frequent lack of attendance at work without valid cause. Absenteeism excludes emergency leave from work and the occasional uncontactable or delay in response. According to the Bureau of Labor Statistics, the absence rate for all full-time wage and salary workers is 3.2%. This means …

Want and Why Year Budgeting in Business Is Important? Most Business Owners generally start by jumping in to their business with their pumped up passion, optimism and excitement. It is normal that Many SME Business Owners to work with a rough business plan and it may lack both objectivity. Many may also treat their business like that their little baby …

What Role Does an Accountant Play in Business Operations? An accountant performs financial functions related to the collection, accuracy, recording, analysis and presentation of a business, organization or company’s financial operations. In a smaller business, an accountant’s role may consist of primarily financial data collection, entry and report generation. Middle to larger sized companies may utilize an accountant as an …

Why Should SME consider Outsourced Services in 2022? Rising Cost leading to High Inflation A report from DOSM indicates that 449 items out of 552 items prices went up in July 2022 this year. From the 552 items, 53 items has price increase of more than 10 per cent. Given the rising inflation in Malaysia, UOB Global Economic has raised …

How SME can deal with ‘Shortage’ in workforce, increase in ‘Minimum Salary’, ‘Flexible Working Arrangements’ and Reduced in Weekly ‘Minimum Working Hours’. With the recovery from the Pandemic, SMEs in Malaysia have been experiencing shortage in the workforce especially in foreign workers in the construction, plantation, manufacturing and food & beverage industries. This has resulted in higher cost of operations …

The Challenges in Employee Performance Management in the 21st Century 1. What is Employee Performance Management? Employee performance management (EPM) is both a science and art in management approach to retain and grow a high-performance culture within any companies and teams. Many business owners think that it a one size fits all and often they get disappointed. EPM’s primary objective …

Top 3 Things To Look For When Hiring An Employee 1. Grit The most important quality, grit represents a bundle of characteristics rather. It is the ability to move forward during adversity with a positive mindset while pushing forward even when things are going wrong. Every business and work have bumps along the road, as not every day is Friday …