Artificial Intelligence commonly known as AI is the most talkative topic these days after the successful launch of ChatGPT and Google's AI Bard. Many industry experts share their ideas, thoughts, and predictions on their respective fields and how the future work environment might be affected by AI. The world is dynamic and evolving continuously, so as a human being we should also need to adapt to new techs to overcome the hurdles and accelerate career growth in this modern world. How will AI in HRMS Impact The Workplace? An examination of the workplace during the past two decades, some

To further extend our presence in the Southeast Asian (SEA) market, Better HR has obtained a major six-figure bridge fund investment. We are delighted to report this news. Satori Giants PTE, a new investor, and Blibros AB, a current partner, are the ones accountable for this recent investment of funding. To expand our reach across major SEA markets as well as establish more offices, the funding is crucial. As of May 2024, Better HR proudly supports over 380 active customer companies through our offices in Sri Lanka, Cambodia, and Myanmar. By empowering us to establish more offices, the

In today's highly competitive environment, attracting and obtaining the best talent could be extremely challenging. As more companies compete for the limited yet niche talent, you must stand out to stay competitive. These days, the term that’s becoming more popular in the recruiting industry is - candidate ghosting. Let's understand the background of it. You spend hours, days, or even a few months sourcing profiles, screening candidates, shortlisting, scheduling interviews … and more. Finally, say, just two candidates reach the offer stage.  While one doesn’t accept the

What is SSB? The Social Security Board (SSB) in Myanmar provides social security programs for government employees, like civil servants and military personnel, and some workers in private sectors such as commerce, railways, ports, mines, and oilfields. Employees who registered and applied SSB cover their medical care, maternity and work injury in term of medical benefits and financial benefits. Benefits for SSB Members Provision of medical assistance in the event of illness. Disbursement of financial aid during periods of income loss. Authorization for hospital treatment in

Suppose you're leaving your company and are to sit for an exit interview (EI). Would you give honest, critical feedback or a generic answer to be safe? Reportedly, many outgoing employees aren’t honest in their exit interviews. Some may speak their mind but most are hesitant and resort to giving safe answers. Conversely, if you're an interviewer or an employer, an employee’s genuine feedback will benefit you. An exit interview will help you understand the company's shortcomings, obtain data, and solve accordingly. However, to get an employee’s honest feedback, employers should

Individuals, whether presently in receipt of or anticipated to receive salary, wages, annuities, bonuses, awards, or any other form of compensation, in lieu of salary wages, are subject to taxation. Myanmar income tax computation encompasses salary income, commissions, annuities, and service fees received throughout the fiscal year.  According to the Taxation of the Union Law of Myanmar, 2016,   No income tax shall be imposed on individuals whose salary income does not exceed Kyats 48 lakh per year. Nevertheless, if the annual salary income surpasses Kyats 48 lakh or if

In today's competitive job market, attracting and hiring top talent is only half the battle. The real challenge lies in retaining skilled and dedicated employees who contribute to an organization's long-term success. Employee retention is crucial for maintaining a stable workforce, reducing turnover costs, and fostering a positive work environment. In this article, we will explore effective techniques for HR and managers to ensure your employees stay engaged, motivated, and committed to your organization for the long haul. 1. Create a Positive Work Culture Positive work culture is the

Human resources is an ever-changing field. From recruiting standards to onboarding processes, there are many different factors to consider in your hiring practices as an HR professional, and they're always in flux. The good news is that you don't have to do all of the heavy lifting alone. Human resources software can help. The Benefits of HR Software What can HR software do for you? The short answer is that the specifics will depend on the program; software exists for everything from payroll financing to legal and safety compliance. For those in staffing, however, your best bet is

CVs and resumes have long been the backbone of the hiring process, serving as a snapshot of a candidate's qualifications and experience. They have played a crucial role in evaluating applicants and making informed decisions. But the times they are a-changing. In today's digital age, technology has transformed the way we connect and evaluate potential candidates. With the rise of AI, online platforms, and skill-based assessments, there is a growing argument that it's time to bid farewell to the traditional CV and resume. By retiring CVs and resumes, we can enhance visibility and

Introduction Employee turnover may be a major problem for businesses, as it can result in higher expenses, lower productivity, and the loss of key talent. Businesses must put initiatives in place to lower staff turnover and keep top performers.  In this article, we will explore six effective methods to cut down on employee turnover and create a more stable and engaged workforce. 1: Hiring the Right Fit Hiring people that are the correct fit for the organization is one of the most important aspects in lowering employee turnover. This entails examining individuals' values,

In today's rapidly changing global marketplace, diversity in the workplace is more important than ever. Recruiting for diversity brings numerous benefits, including increased creativity, better decision-making, and a broader perspective. However, achieving a diverse workforce can be challenging, as organizations often grapple with unconscious biases and old-school hiring practices. This blog post will delve into the value of diverse team building, discuss strategies for successful diversity recruiting, and provide answers to frequently asked questions on this topic. Benefits of a

There has been the most commonly flagged from all job seekers around the globe regarding “Ghosting”, not being responsive, or cutting off communication without explanation, which we see at least two or three posts once we scroll through the LinkedIn newsfeed every single day. Job seekers tend to give many supportive interactions when they get to see the related quotes, articles, and topics about ghosting so that the ghosts who give the ice treatment could be able to consider fixing this pattern with little hope or the instant actions of expressing their feelings of being ghosted by

The year 2023 brings new trends in HR technology. The COVID-19 pandemic changed how we work and use technology. Technology now plays a big role in our daily lives, influencing how we communicate and collaborate. It has made sharing ideas easier, provided instant access to information, and transformed how we approach work.  Traditional office-based HR practices are becoming less relevant as the world embraces digital communication and collaboration. Organizations are finding innovative ways to improve their processes, aiming for efficiency, cost-effectiveness, and flexibility.

Businesses are constantly seeking ways to improve productivity, with HR systems integrations being a popular option due to their benefits. Tools like web-based HR Management software, HRMS Systems, HRIS software, and HCM have emerged as significant game changers. And this trend has been growing momentum worldwide. In a study by Deloitte’s Information Services Group in 2014, 51% of business correspondence has implemented or is implementing cloud HR software in their operations. Let's explore how these digitization and technological advancements have transformed how businesses handle

Due to frequent layoffs in big corporates, many young talents are now focusing on starting their own businesses. Economists suggest that entrepreneurship can help stimulate the economy, which is why many governments offer support to startups in the form of loans and tax allowances. However, many of these startups lack experience in employee management and business administration, leading to potential challenges in effectively running their businesses in the long run. A high employee turnover rate can lead to poor productivity, as each new employee must take time to learn about the

Employee Appreciation Gifts don’t have to break the bank to show your team how much you value them. DIY gifts can be just as meaningful and can be customized to suit the unique interests and needs of each employee. In this article, we will explore 15 DIY employee appreciation gifts that will help you show your gratitude and make your team feel appreciated.  What makes a good employee appreciation gift?  Before we delve into the DIY employee appreciation gift ideas, it’s important to understand what makes a good employee appreciation gift. A good employee appreciation gift

In today's highly competitive job market, recruiters grapple with the challenge of locating exceptional candidates for open positions, despite a shortage of skilled workers. They are turning to innovative tools that help streamline their search efforts to address this issue. ChatGPT, an AI-driven chatbot harnessing natural language processing, has been trained on an extensive dataset of internet text, making it adept in various industries and topics. This HR solution revolutionizes recruitment, enhancing recruiters' sourcing strategies and efficiency. Recruiters get to gain deeper

Many people get nervous when they hear the word "interview," even if they have impressive qualifications and certifications in the relevant field. Psychologists explain that this is due to human nature - we tend to get anxious when faced with important or serious situations. In that case, there is nothing wrong with getting nervous in a job interview. Let's find out how to face your fear of interviews and overcome the hiring process step by step. There are some key factors that can help strengthen your mental state to face any hurdles or challenges for an interview. These factors can be

Some say background checks are essential for modern privacy & security concerns. What does background check mean? It refers to the set of processes of investigating a person's past, family, nature or any other records for employment purposes.  This may include verifying educational qualifications, employment history, criminal records, credit history, and other relevant information. The purpose of conducting a background check is to ensure that the potential employee is honest and trustworthy, and to minimize any unnecessary outside risks to the organization. But spending

Human beings can be unpredictable, and constantly changing in response to environmental stimuli. As a result, it can be difficult for a human resource manager to predict workflow and employee behavior for an entire organization. That's why the HR department plays a crucial role in controlling and managing the internal structure of an organization. Despite this, some may wonder if an organization can function without an HR department. In this article, we will explore the importance of HR and whether an organization can operate without it. What are the 7 HR functions in 2023? 1.

Strategy means a series of plans and approaches designed to achieve specific goals and objectives. It requires the difficult task of making informed decisions about how to allocate limited resources to maximize outcomes. As per the association of HRSP, developing strategic skills is essential for all managerial-level employees, including HR leaders. Defining strategic priorities for employees is critical, as it enables them to comprehend the organization's goals, target audience, market competition, and resource availability. Developing a long-term strategy may require significant time