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Recruitment Services Singapore

If you are a job hunter then you might find recruitment agencies very useful. Instead of spending hours on the internet or going through the spam of job ads you can simply contact a recruitment agency that will find a suitable match for you. Employment agencies not only save time but the effort and are more result-driven. They make the whole process of getting a job easier. If you are not familiar with a recruitment service agency read the following section.

A recruitment agency is a firm hired by a company to help fill in a vacancy. Employers who want a more qualified or skilled candidate would preferably go for a recruitment agency over advertising the job itself. Going through a pool of resumes to fill in one vacancy can be a draining task. Shortlisting the candidates for interviews and scheduling those interviews is something most employers don’t find fun at all. That is where a recruitment agency comes into place. It provides services such as looking for candidates that are best suitable for a job opening and shortlisting them for an interview. They are also responsible for scheduling these interviews and providing other services.

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How does a recruitment agency work?

Recruitment agencies act as an intermediary between a company and job seeker. An employer will give a list of vacancies to an employment agency. The employment agency will advertise this job opening on various job boards and their websites to attract a list of potential candidates and update their database with new talent. Once they have a flow of applicants, they will shortlist the ones for an interview with the employer. Recruiting the right candidate for a job opening can be a tiring task. A recruitment agency not only helps businesses save time but also money and effort. They will spend substantial time sifting through tons of resumes before they will find the right candidate for your company.

Services provided by a Recruitment agency Singapore

A good employment agency or an employment business (often referred to as recruitment agencies) can help businesses save on time and money significantly while also making sure that job seekers find their respective job as quickly as possible. However, a recruitment agency goes beyond the usual matchmaking. Many agencies focus on developing expertise in a specific area based on specific industries, sectors, geographical areas, and skills. This allows recruitment agencies to specialize and develop effective contacts within an industry. Both employers and job hunters can rely on the consultant they deal with to give them accurate information regarding salary package and using the right contacts in the sector. There are many benefits a recruitment agency can provide to its candidates; they can negotiate the salary package on your behalf and also save plenty of time and effort. Recruitment agencies have access to a selection of job vacancies apart from the ones they advertise. A candidate can find it useful to register for a recruitment agency and get access to these jobs and other additional benefits.

For Employers

One factor why most companies would use a recruitment agency is to save time and effort. A recruitment agency will make sure to shortlist candidates with the right skills and experience. They also have their own network which they have developed over several years that helps them connect to potential candidates. Employment agencies have developed relations with the candidates and will shortlist the ones that seem a good cultural fit for the organization.

When it comes to hiring candidates for permanent positions, recruitment agencies can be quite useful. They not only have access to a wider pool of potential candidates but will also ensure to shortlist the one with the right skills and experience. A recruitment agency will normally only charge a fee if the vacancy is filled; meaning it is a low-risk solution. Using an employment agency to fill temporary positions can be equally effective as they have a supply of experienced and referenced staff with the right skills. In conclusion, hiring a recruitment agency to find the best staff for your company seems like an appropriate choice especially if you are on a time constraint. Similarly, job seekers who would want to work in an environment tailored to their individual needs will find employment agencies helpful.

For Job Seekers

There are many jobs that are not advertised. Companies find it more appropriate to place these jobs directly with the recruitment agencies as they are trusted for their relevant experience in the field and their understanding of the employment market. These recruitment agencies have widespread experience and connections that enable them to select a candidate best suitable for a job opening. Recruitment agencies can be useful in editing resumes and preparing an application for an interview. An agency with good connections can provide effective insights regarding an interview. They can also help in finding out what went wrong in case an applicant was not selected. It is therefore advised that job hunters make sure to highlight their skills once they have registered themselves in an employment agency. Some agencies specialize in temporary placements while others in permanent placements. Applicants should ensure which one to go for based on their personal preference and job requirement. Recruitment agencies do not charge job seekers a fee. So, if an agency is asking for a fee its best to get yourself registered to another agency. There are many recruitment agencies in Singapore. Following are the most common names;

Talent

IRS recruitment

3C Synergy (popular for jobs in construction, oil, and gas)

Aegis (jobs across industries)

American Association Career Resource Center (specializes in helping expats find jobs)

Career Hub Consultants (for jobs in Finance, tech, science, hospitality and other)

Spencer Stuart (jobs across industries)

The services that these recruitment agencies provide can defer greatly. Some may be industry specific while others are employee specific. Some of these agencies may provide training services too. The talent agency, for example, provides not only a list of potential candidates but assist in common HR functions such as labor laws. IRS recruitment specializes in temporary placements. If you are not looking for a permanent job, the IRS will be the right choice. Other more common services include

contract hire

workforce solutions

executive search (headhunt)

advertisement, design, and placement

shortlisting candidates and organizing an interview

assist in negotiations and advise unsuccessful applicants of the outcome

temporary staffing, labor laws, and other HR functions.

Are recruitment agencies for you?

Many companies might find it more useful to make a direct hire. One reason why this might be a reason is that they simply don’t trust recruitment agencies or get around the idea of a middle-man. Sometimes, an employee may find it more comfortable dealing with the employer directly. Establishing a relationship between an employer and an agency can be difficult especially if the staff turnover rate is high. Whether you would want to go for an employment agency or simply for direct hiring is a personal preference. Most companies would avoid using one if their previous experience was not good. When you would want to make an instant hire then using an employment agency makes sense. In other instances, maybe not so much. One obvious fact is that if employment agencies were not as useful, we wouldn’t have so many in Singapore.

Source Url: https://hr-connectus.com/recruitment-services-singapore/

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Payroll Outsourcing Singapore

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Payroll Outsourcing Singapore

Due to increasing employment in Singapore, there are several employment acts that were introduced by the government to keep up with this boom and to protect workers from being violated in any way. As the Singapore employment act suggests that any company that fails to give their employees the precise salary within seven days after the end of the salary period will be penalized under the law. This has put extra pressure on companies to ensure that their employees are paid on time and without any error or mistake.

Most companies might believe that the payroll process is far easier to handle but only a few actually realize its complexity. The whole payroll process requires every little calculation. One mistake and you are back to where you started. The situation is far more complexed if you are still calculating it the traditional way. Running an in-house payroll process not only requires additional use of resources but also increases your operational cost and waste your employees working time. There is one way you can comply with the law while also save working time- that is through outsourcing. Outsourcing your payroll process will not only help you save time but also help you enjoy the benefits that come with making payment to your employees on time. Fortunately, there are many proven solutions and agencies in Singapore that are willing to cater to your payroll processing needs.

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Payroll Outsourcing Singapore  

Payroll outsourcing is simply hiring a third-party company to oversee the administrative and compliance functions of paying your employees. It is important to know that payroll services do not offer an employment record or hiring of an employee. Similarly, other aspects of employment must be handled internally or by suitable agencies. The question of when to consider outsourcing your payroll depends on several factors. Both small and large-scale firms can immensely benefit from outsourcing their payroll processing.

Why outsource your payroll process?

Let’s just say payroll processing is far more complexed now then it was once before. Payroll no longer means paying your employees. It is a part of an administrative task and requires well-trained staff. Payroll processing can be costly and time-consuming when it comes to hiring well-trained staff and/ or concentrate your company’s resources on a task that can simply be outsourced. Outsourcing payroll processing will help your company use its resources efficiently elsewhere and reduce overall cost that was incurred otherwise.

Benefits of hiring a third-party payroll service in Singapore

As mentioned above, payroll processing is no easy task and is often far more complexed. Hiring a third-party payroll service in Singapore can be beneficial in more than just one way.

Use time for other core functions of a business

Payroll processing might not seem as important as marketing. It can be outsourced to save you some extra time that can be invested back into the business. How? Surprisingly, payroll can be time-consuming and result in less time for other core activities of a company. There is also a range of laws aimed at employees. Complying with them is a necessity now. Having your staff concentrate on minor details to comply with labor and employment laws in Singapore can be a tiring task. It would also mean that your staff will have to put in extra time and effort that could have been used on other necessary tasks. Hence, outsourcing payroll processing to a third party can help you and your staff concentrate on other core activities of a business.

Access to Technology

Investing in technology to bring a change every now and then can be expensive and costly. By outsourcing payroll processing you can now bring change only that you won’t be directly paying for it. The third-party will be responsible to keep up with the latest technology and hiring experts to operate it. Moreover, technology can be extremely useful especially when it comes to performing mundane tasks. Payroll processing can be boring. Outsourcing such tasks can be beneficial especially when it comes to motivating employees. It also means that you and your employees can have access to electronic as well as carbon-based hard copies of payslips whenever they want. Outsourcing payroll processing does not seem like a bad option now!

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Payroll Outsourcing  

Cut down on risks and costs

Having an outside party do your payroll can save on costs and minimize risks. In Singapore, most companies end up over-paying their employees by a margin of 4 percent. The reason is poor data keeping and inaccurate employee time records. By keeping timely and accurate records you can save a lot in terms of both the risk and cost. Companies that do in-house payrolls are most subjected to paying penalties due to errors and violations.

Access to a number of other services

Your in-house staff can only do so much. Outsourcing your payroll processing means you can have access to a number of diverse skills all under one roof. Apart from the usual bookkeeping and typical payroll processing, you get access to a number of value-adding services such as labor law compliance, accounting advanced payroll and other HR services. Moreover, these third-party organizations ensure that their records are in accordance with the industry-wide standard. Most organizations would think it is smart not to outsource their payroll processing to third-parties because they are costly. Nonetheless, outsourcing can actually help you save on plenty of hidden costs.

Why Outsource payroll?

Singapore is now a hub for major industries and therefore, provides huge employment opportunities. It also means that industries are in severe competition with each other. They are striving every day toward achieving productivity and cost-efficiency. To focus more on other business functions or to simply increase efficiency, companies are willing to outsource their routine tasks. Payroll processing counts as one such task.

Why outsource payroll services in Singapore? Payroll service providers offer an attractive alternative to in-house payroll processing. A good payroll service company can provide simpler means of paying your employees, filing CPF and performing a bundle of other duties. They can help you in making fewer mistakes and errors while performing payroll and use technology for efficiency. This is one reason why organizations are becoming increasingly dependent on a payroll company to enhance their HR and payroll processes.

Being the owner of a small company means you are responsible for carrying out almost all of the functions of a business. Outsourcing a few tasks can prove to be beneficial especially as it will give you time to focus on performing other activities.

Source Url:

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Outsourcing Hr Will Let You Focus On What Matters The Most!

As we all know, running a business is not an easy task. Every day, business owners are faced with challenges that can affect the success of the company. HR management is a vital function to run any business smoothly. Human resource management is one that finds, trains, and supports the staff to keep the work running without any hassle. Many companies choose to outsource their HR management.

With the outsourcing will help to recruitment and find experts to everything that comes under this department from hiring to payroll services to regulatory compliance.

If you go back in time 20 years before, no one ever thought about outsourcing. Back in time, everything kept in-house to maintain control and follow instructions. But over the past years' time has changed now. Still, some people have a wrong perception of outsourcing their HR.

Outsourcing HR is rapidly becoming a necessity. Because no matter how efficiently a company organization runs, there is always more needs to be done. These types of environments create stress and anxiety. Let's face the truth; most organizations think that working harder and burdening themselves is the only way to succeed. But if you think with practicality, it's the opposite.

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  Outsourcing HR is rapidly becoming a necessity. Because no matter how efficiently a company organization runs, there is always more needs to be done. These types of environments create stress and anxiety. Let's face the truth; most organizations think that working harder and burdening themselves is the only way to succeed. But if you think with practicality, it's the opposite.

HR outsourcing can help businesses strengthen HR functions and let you focus on what matters most, actually growing the business. Companies that outsource HR tasks tend to grow rapidly and are less likely to unsuccessful. We will help you to demonstrate how outsourcing HR will let you focus on what matters the most, including outsourcing the administrative burden of payroll processing and the rising cost of employee benefits. HR outsourcing will help you focus on steering your business towards success.

Human Resource Role

The process of deciding whether you should outsource HR functions or not begin with the question of how outsourcing HR could help your company and includes how well it is going to help the organization manage a change. A key factor is whether the time is right for your company to outsource HR functions. Outside advisors can help you out with that question by analyzing data, proposed contract terms, and financial projections.

When deciding whether to outsource HR, a company should be able to answer questions that analyze its HR needs, its current processes, its HR business plan such as the following:

Can HR handle outsourcing without interrupting the current work?

Do the outsource HR staff members have the experience?

Is HR providing excellent service with existing staff and processes? Is HR meeting all the organization's needs?

How Will Outsourcing HR let you focus on things that matter most?

HR Outsourcing brings economies of scale to larger organizations by assisting the company to improve on staff working and upgrading their basic competencies like to enhance productivity.

The Key Functions Of HR Outsourcing

Here are a few of the main HR functions that they generally get placed with include:

Payroll services

Risk management

Employee counseling

Performance management

Background screening

Drug screening

Health care benefits management

Retirement plans

When it comes to HR outsourcing, you can select which tasks are given to the outsourcing company and which will remain with your business. Most times, you may only need HR outsourcing professionals for one or two tasks, but when your HR department begins to get relaxed, it is good to know that you have a professional and trustworthy backup.

When you outsource the HR of your organization, then you can save a lot of money and new or small businesses to utilize the HR experts without paying the full salary as the HR company or PEO divides their time between the clients — spending less money for things like medical insurance. This may be the way to allow you to offer services you otherwise couldn’t.

Because the HR company can provide a broader range of benefits, your business will be more appealing to potential employees. Rolling out additional benefits without additional expense can help you keep top talent.

When your organization work with a PEO, they will also be able to offer training opportunities, you may not be able to give employees. The PEO gives the training opportunities for the staff, and you don't have to worry about it; you can just rest and focus on your business success. HR experts will also be able to use different channels to find qualified, competent people no matter what position your company is trying to fill. You will be free from focusing on the core competencies, as the outsourcing HR will handle such things, and you can spend time on strategic work and focus on the company's success.

Outsourcing can be an intelligent move for your organization, so you can entrust the tasks you don’t can’t deal with and focus instead on your true passion. HR outsourcing save costs and frees up business leaders to focus on what matters most to them. They get not only higher quality employees but also several other benefits.

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