The cost of labor represents at least 50-60% of the total cost base for most companies.
The good news is that nowadays you do not need to invest in a big global HCM solution to consolidated all your employee data in one central platform and to derive valuable insights from the data.
The Hong Kong government extends the special work arrangements, HR updates below:
The announcement says that the legislation will ensure that employees are also paid at their normal salary for ‘statutory notice periods’ and this raises the argument again about whether this will include contractual notice which exceeds statutory.
Another week and further updates both on the track and trace and furlough which you may find useful in your planning and decision making in relation to return to work for your employees.