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.
Human Resource Management is an important factor in increasing the overall productivity of an organization. A company's success solely depends on its employee's productivity. The employees are hired through the constant effort of HR in the right direction.
If an employee is delivering the right amount of productivity, the chances are high that the company will get a high turnover and achieve more profits. For the better working of the business and its growth, it is crucial for HR to maintain the proper functioning of the management systems with strong employee tracking software in the
In today's competitive job market, companies are constantly searching for ways to streamline their hiring process and find the best candidates for open positions. One approach that has gained popularity in recent years is predictive hiring, which uses data and machine learning algorithms in a HR software to predict the likelihood of a candidate's success in a particular role. In this blog, we'll take a closer look at what predictive hiring is, its benefits and limitations, and how it is shaping the future of talent acquisition.
What is Predictive Hiring?
Predictive hiring is a form
Maha Agriculture Microfinance is one of Myanmar's leading agriculture microfinance companies. They have been using Better HR for over 2 years already. They are operating all across Myanmar with 37 different branches and over 270 employees. Ma Nyo Nwet Kay Khine, the deputy HR manager of Maha Agriculture Microfinance shares her experience with Better HR.
As a multi-city company with a lot of field employees, taking attendance for employees is the main challenge she had to face at Maha. As Better HR's remote check-in allows employees to check in remotely with the exact location,
Caroline San Kyi is a Business Development Director at Pucca Jewellery shop and SB Furniture. As a millennial, she saw many flaws and inconveniences in the manual HR processes and she wanted to switch to a digital HR system. So, she started looking for a Human Resource Management Software (HRMs).
While she was searching, one of her friends recommended Better HR cloud HRMS. So, she decided to start using it.
Caroline is managing 2 Pucca Jewellery shops and 1 SB Furniture shop with over 70 employees running day-to-day operations. In this article, she will share her 2 years experience of
Swe Zin Aung San is an HR Manager from Rabbiz Co.,Ltd, the parent company of CarsDB. As one of the largest online car classifieds site in Myanmar, CarsDB has been using Better HR for over a year now. As the company grows, the management team wanted to know the HR data up-to-date. So Swe Zin started searching an HR softwares, and she found Better HR on Facebook.
She said "I was searching for HR softwares on Facebook and I was really interested in Better HR. Coincidentally, the founder also knows Better HR and recommends I use it. So I decided to start using it."
CarsDB is now using
EGLO lighting Myanmar is one of the largest electricity-related materials suppliers in Myanmar. As the company's size grew, it started having difficulties managing its employees. After researching for a while, they choose Better HR to be their companion in their journey. Now the company operates more smoothly and efficiently.
Nang Mo Kham is an HR manager at the LengAung co., ltd, the parent company of EGLO lighting. She has been working at LengAung co., ltd for 1 year and 9 months.
. After working for a while, she realized that taking attendance of employees is a challenge for her
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