Better HR Blog

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

The budget for 2023 was successfully passed in Parliament of Sri Lanka on 14 November 2022 and made a tremendous impact on taxes. The Inland Revenue Department (IRD), Sri Lanka, has published a new personal income tax calculation rate, which is going to be effective from 01.01.2023. It means each employer who registered as a Sri Lankan business is required to deduct the new APIT rates immediately from the employee's gross salary for the Y/A 2022/2023. Reliefs and Tax brackets completely differ from the new 2023 PIT and every employer must be concerned over the recent changes. APIT -

Many young entrepreneurs in Sri Lanka are having trouble making a decent payslip. They need to be aware of how to make payslips under the government payroll system of Sri Lanka. Every employer must follow the labor acts and regulations to protect employee rights & run a successful business. This guide will help them to create payslips on their own. Payroll Management processes are pretty complicated. Too many small & medium businesses have been wasting time and resources without knowing proper instructions. Sometimes it will become a tremendous headache to business owners and they

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

Better HR is one of the leading HRMS, HRIS, HCM providers in Southeast Asia. Better HR Software invites all talented authors and regular bloggers to write great contents for us. Freshers, Students, Business owners & Subject experts are also welcome to share their knowledge with us. We would like to build a better competitive business world by sharing all exclusive insights and guidance with our audience. Join hands with us. Content Focus: We welcome well-crafted, in-depth articles/ blogs centered around the aspect of Human Resources (HR). Our goal is to provide our readers with

The cultural changes made differences in human behavior in new normal life. With the tech evaluation, the work culture also affects significantly. People nowadays take more attention to their mental and physical health. The Covid shows the importance of good health rather than wealth. The “New Normal” research which was published in January 2022 explains the new phycological transformation of people in work. So, the employees are more concerned about proper work life balance rather than high salary. What does Work Life Balance mean, why it is so important, and how to improve it? In

Better HR Software is one of the finest tools which can manage your overall organization’s HR & Administration activities in one window. Usually HR Managers are the pillar to maintain the stability of the internal environment. To achieve that, HR managers might need modern tools and techniques. Better HR helps organizations to do easy attendance management, payroll calculations, leave management, asset management, employee profile, data, & document management, learning center etc… HR has to do many important activities to do to ensure employee retention and build a strong

The modern day business world is running through new innovations and technical advancement. Micro-, Small and Medium-sized Enterprises are the backbone of the economy. The UN Observances published in June 2022 says that the MSMEs are contributing 90% of business, around 60-70% of employment & 50% of GDP around the globe. The backbone of livelihoods and the national economy needs to be guided properly to succeed in the international market.  So, many governments and economists suggest digitalizing the organization to fit the modern era. Digitizing means using digital or electronic

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