COVID-19 has induced a considerable amount of misery amongst folks. Micro, Small, and Medium Enterprises (MSMEs) have been hit tremendously arduous. The pandemic has pushed many of those companies over the sting, leading to revenue loss and unemployment for thousands and thousands.
Because the Philippines slowly recovers from the pandemic, increasingly persons are making use of for jobs once more. How can MSMEs put together for ‘The Nice Re-Hiring?’
The Nice Resignation
In a current research, a median of 73.1% of MSMEs had been compelled to shut their companies a number of weeks after the COVID-19 outbreak and the lockdown measures had been carried out. Whereas greater than half of the microenterprises had no gross sales in March 2020, others needed to be inventive with their options to proceed delivering gross sales. This meant that they needed to lay off workers or in the reduction of their finances for different bills like their present workforce’s paychecks. The underside line is that they needed to make some sacrifices to maintain their operations operating.
This has additionally affected the labor drive. 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 mild 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 that the financial system, for probably the most half, is recovering as personal institutions and authorities companies 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 firms have required their workers to return to work onsite. Some firms have additionally thought-about hiring again the workforce they’ve misplaced in the course of the top of the COVID-19 outbreak.
As increasingly firms are hiring workers to make up for the losses of the earlier years, listed below are some issues it’s possible you’ll wish to take into account:
- 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 group members really feel supported by the corporate?
A technique is to utilize a sensible 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 offers 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 foremost characteristic 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 additionally lowers information safety dangers.
2. Automated work for extra productiveness
GreatDay’s user-friendly software program may help your HR:
With these automated options, your HR turns into extra productive!
3. Simple-to-use interface for everybody
GreatDay’s HRIS & payroll software program is easy to make use of. Any info entered, from the corporate’s processes to worker information, shall be saved within the system. The transition from paper-based submitting to on-line submitting on a single platform shall be seamless.
Guide HR processes like submitting authorities paperwork, monitoring payrolls, or updating worker info could be completed in a number of clicks.
4. Accessible add-ons for higher consumer expertise
GreatDay HR places custom-made consumer experiences on the forefront.
Usually, primary HRIS & payroll software program covers worker information, time and attendance, and payroll. GreatDay HR offers these, then presents add-ons equivalent 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 group and speedy superiors to finish approvals inside the platform. This makes processes quicker and extra environment friendly so you’ll be able to deal with higher managing your workers.
With these choices, MSMEs can combine and match the fundamental package deal with add-on providers 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 should be pricey. 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 finances. Add-ons are additionally moderately priced for firms trying to increase 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 1000’s of firms within the Asia Pacific area, together with the Philippines. Collectively, with its sister firms, Humanica Thailand and DataOn Indonesia, SDP creates HRIS and Payroll Options for worker empowerment throughout the board. With its 50+ employees and rising within the Philippines, SDP presents a complete and clean help service to all its valued purchasers.
The most recent tech information delivered to your inbox
Subscribe to INQUIRER PLUS to get entry to The Philippine Day by day Inquirer & different 70+ titles, share as much as 5 devices, hearken to the information, obtain as early as 4am & share articles on social media. Name 896 6000.