The post Understanding the Foreign Worker Levy: A Comprehensive Guide for Employers appeared first on BrioHR.

BrioHR is excited to announce our partnership with Swipey, a financial solutions provider for payment and expense management. 

While BrioHR focuses on HR and people, Swipey frees up time for your finance team to focus on more important revenue-growing tasks with end-to-end financial operations solutions. These solutions come with a Visa corporate prepaid card and real-time expense management system. 

Having a corporate card enables spending to be controlled and tracked easily by your finance team or you, as a business owner. Easily track business travel expenses by your most frequent-flyers, monthly SAAS subscriptions, and even any online advertising spend. This is also important for organizations such as marketing agencies or law firms to accurately track spending related to client activities and bill them accordingly. 

By combining BrioHR and Swipey, businesses can leave the heavy lifting of HR and finances to software and empower their staff even further.  

How This Can Benefit You 

When you subscribe to BrioHR today, you can also enjoy a 3-month trial of Swipey’s Introductory Promo Package exclusive for BrioHR users, which is a step up from the free plan. This special promo includes a physical Visa prepaid card. 

How To Redeem Your Swipey Promo Package 

1. Sign up for your account at Swipey’s website
2. Complete onboarding process to Swipey
3. Email Swipey at hi@swipey.co to redeem your promo package 

At the same time, if you sign up for any Swipey plan, you can also get 20% off your BrioHR subscription! Just sign up for a BrioHR demo here and mention to our friendly consultant BrioHRxSwipey to unlock this great combo deal! 

About BrioHR 

BrioHR empowers business owners and HR teams by simplifying and automating routine HR processes like payroll, claims, and leave. A simple, user-friendly interface makes using BrioHR a great experience for employee and employer alike. 

With a secure, scalable platform, BrioHR’s software covers the entire employee journey from recruitment to onboarding, payroll and claims, to performance and analytics, and more.  

This enables business owners and HR teams to truly focus on what matters most – people. 

About Swipey 

Swipey enables modern business to manage finance by unifying banking and day to day operation in an OS that empowers smarter business. Today focused on expenses – corporate card solution and expense management while building to be a holistic FinOps platform that covers expense, receivable, cashflow, analytics and fraud management. 

The post BrioHR Partners With Swipey to Level Up Your Finance Team   appeared first on BrioHR.

BrioHR is excited to announce our partnership with StaffAny, a staff rostering software where you can manage your team’s schedules, time tracking and timesheets all in one place.

While BrioHR focuses on administrative automation and performance management, StaffAny’s solution features smart scheduling, time attendance, as well as other roster management tools.

With the great combination of BrioHR and StaffAny, businesses can unlock the next level of workforce productivity and empower their staff even further.

What You Can Look Forward To

When you subscribe to BrioHR today, you can enjoy a one-year subscription to StaffAny for only S$1! At the same time, if you sign up for any StaffAny plan, you can also get BrioHR for S$1.

BrioHR and StaffAny work better together, as StaffAny’s workforce management tools integrate seamlessly with BrioHR’s payroll module, ensuring that your staff are paid accurately and on time. Just sign up for a BrioHR demo here and mention to our friendly consultant BRIOBUDDY to unlock this great combo deal!

If you’re already a BrioHR client, you too can get StaffAny for only S$1! Just click here to claim your discount.

About BrioHR

BrioHR empowers business owners and HR teams by simplifying and automating routine HR processes like payroll, claims, and leave. A simple, user-friendly interface makes using BrioHR a great experience for employee and employer alike.

With a secure, scalable platform, BrioHR’s software covers the entire employee journey from recruitment to onboarding, payroll and claims, to performance and analytics, and more.

This enables business owners and HR teams to truly focus on what matters most – people.

About StaffAny

StaffAny is a Scheduling, Timesheet & Timeclock software built for companies who engage hourly workers. Gone are the days of back-and-forth scheduling with part-timers, time-theft, OT overspend and manual spreadsheets during month-end payroll calculations. Save hours spent on employee scheduling with StaffAny when you manage your team’s schedules, time tracking and timesheets all in one place. With StaffAny, businesses experience seamless scheduling & time tracking and see up to 30% labour cost savings. 

The post BrioHR Partners With StaffAny for Improved Staff Management appeared first on BrioHR.

It’s been a rough year so far for the global economy. The World Bank estimates that global growth will slow to 1.7% as a result of headwinds, including higher inflation, reduced investment, and geopolitical disruptions.

The fragile state of the economy means that any adverse event – such as higher-than-expected interest rates or the resurgence of COVID-19 – could push the global economy into a recession. In emerging market and developing economies, the World Bank states that per-capita income growth is anticipated to average 2.8% during the next two years, which is a full percentage point less than the average for the period 2010–2019.

Positive Growth Prospects

Nevertheless, the open economies of Southeast Asia are uniquely positioned to avoid the worst of the economic headwinds. Household consumption and investment remain strong, while inflationary pressures are easing. China’s reopening also paves the way for a rapid rebound in activity.

In line with this, Malaysia’s job market is expected to remain strong, with SMEs in particular bullish on hiring and post-pandemic recovery. According to BrioHR’s SME Index for the fourth quarter of 2022, Malaysian SMEs are hiring despite the current global economic slowdown, and they are expected to be more resilient in 2023 as a result.

On this, Benjamin Croc, co-founder and CEO of BrioHR, said, “According to our live data, Malaysian SMEs are more committed to succeeding in 2023 than ever before. The data shows that they are defying expectations and continuing to grow their workforce by 3% over the previous quarter. This is happening across many sectors, but especially in the food and beverage sector. They were the hardest hit by the pandemic, so the fact that they are now hiring more indicates that the market is recovering. Salaries have yet to recover and have remained flat, with a 0.1% increase quarter on quarter.”

This was echoed by the Chairman of the Economic Club of Kuala Lumpur (ECKL), Datuk’ Seri Mohamed Iqbal Rawther who said:

“In 2023, Malaysia’s job market is expected to benefit from firm domestic demand, China’s reopening, the revival of construction projects, the expansion of primary sectors as global commodity prices rise, and modest external trade activities.”

Datuk’ Seri Iqbal also stated that the Statistics Department reported that the unemployment rate in November 2022 remained stable at 3.6% for the third month in a row. The labour force and employment grew by +2.5% year on year and +3.2% year on year, respectively, supported by robust domestic economic growth and a positive external environment.

Rising Cost of Living, but Rising Wages as Well

BrioHR’s Croc also revealed, “Businesses are taking a variety of steps to support their employees as inflation continues to rise and the threat of an economic downturn looms. According to Mercer’s annual Total Remuneration Survey 2022, Malaysia’s median salary increment is also above the Asia-Pacific average of 4.4%. Based on findings from Aon, a financial services firm, the 2023 median salary increase across industries will be 6.8% for Indonesia, 5.1% for Malaysia, 6% for the Philippines, 4.7% for Singapore, 5.1% for Thailand, and 7.9% for Vietnam. This finding is mirrored in our index. Indeed, the findings show that Malaysia’s SME sector has been increasing wages for its employees since the first quarter of 2022.”

He shared that according to Trading Economics global macro models and analysts’ expectations, average Malaysian wages are projected to trend around RM3670 per month in 2023 and RM3920 per month in 2024.

“Aside from dealing with rising living costs, an impending recession, high (albeit decreasing) inflation, and labour difficulties, there are also amendments to Malaysia’s Employment Act 1955, which took effect on 1 January 2023. Reduced working hours, flexible work arrangements, extended maternity and paternity leave regulations, and other changes are among them,” shared Croc.

Looking Forward

BrioHR and the ECKL concluded that the SME sector is looking forward to the 2023 Budget, which is set to be released on 24 February.

Both went on to say that the government has stated that, because of its high potential, it will focus on improving the capacity of the SME sector. The SME sector is the backbone of the country, and it is eager to see what measures will be included in the budget to help the SME industry grow. After three perilous pandemic years, the SME industry is more determined than ever to weather the storm with a stronger workforce. The findings of the SME index reflect the resilience, strong management structures, forward planning, and future proofing that many SMEs have put in place to help them succeed in the market.

The post Are SMEs Hiring? Employment Trends for 2023 appeared first on BrioHR.

BrioHR is excited to announce our partnership with GoGet, an on-demand manpower marketplace where businesses can hire multi-skilled workers instantly for their operational needs.

BrioHR and GoGet operate in different sectors of HR to give you the complete solution for a growing business. While BrioHR offers a scalable, simple HR software for all your HR needs, GoGet solves hiring gaps by making temporary workforce hiring a breeze.

With BrioHR’s automated HR solution and GoGet’s flexible hiring process, businesses can stay agile in a volatile business environment. At the same time, BrioHR and GoGet can increase cost-effectiveness through automation and simplification of your workforce.

What You Can Look Forward To

GoGet will be giving out a RM20 exclusive promo code exclusively for BrioHR’s users. With this code, you can claim 2 hours of part time help for free with the code BRIOHRHIRE when you click right here.

Whether you need a kitchen helper, floor staff, retail staff, event crew, or warehouse packer, with GoGet you can hire by the shift or by the hour to best suit your needs.

At the same time, BrioHR will be giving an exclusive 20% discount on the first six months’ subscription for all GoGet users. Just click here to book a demo and mention GoGet to our consultant to get your discount.

About BrioHR

BrioHR empowers business owners and HR teams by simplifying and automating routine HR processes like payroll, claims, and leave. A simple, user-friendly interface makes using BrioHR a great experience for employee and employer alike.

With 9 powerful modules, BrioHR’s software covers the entire employee journey from recruitment to onboarding, payroll and claims, to performance and analytics, and more. 

This enables business owners and HR teams to truly focus on what matters most – people.

About GoGet

GoGet is a manpower marketplace that connects skilled non-executive workers with businesses. Our mission is to solve the current hiring gap and empowers businesses to stay cost-effective and agile in their hiring process. GoGet has empowered more than 5000 businesses ranging from E-commerce, Hospitality, Retail, F&B, and Customer Service industries to stay cost-effective and agile in their hiring process.

The post BrioHR Partners With GoGet to Level Up HR appeared first on BrioHR.

As well as working to simplify all your HR processes, we’re also featured in the media from time to time.

Check out Backscoop’s interview with BrioHR’s CEO and co-founder, Benjamin Croc in this page, as well as here on Backscoop. While you’re there, subscribe to Backscoop, the newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia.

Benjamin Croc is the co-founder and CEO of BrioHR, a new kind of all-in-one HR platform that is robust, smooth to use and colorful, helping SMEs manage all their HR processes and employees “in style” (aka, “with Brio”).

BrioHR started out of Malaysia and now serves hundreds of companies in more than 15 countries across Southeast Asia and beyond.

How would you explain your job to someone outside tech?

My job as a startup CEO is a bit hard to define, but it could be summed up as steering a ship towards a long-term goal, which is itself kind of a moving target, making sense of a large amount of information, considering thousands of opportunities to choose the right ones, and avoiding at least as many distractions.

All while fixing a burst pipe down in the engine room!

What’s something about you or your job that would surprise us?

That could be the fact that I came to Malaysia mostly due to my passion for badminton and having trained as a young sportsman with the best players in the world in the early 2000s, the Sidek brothers (for those who know them, makes me feel old).

Also, the fact that if you had asked me about becoming an entrepreneur just three months before leaving everything to co-found BrioHR, I would have said, “no way, that’s not for me,”…and here we are!

What has been the biggest highlight of your career so far?

I see one’s career as a non-linear path, made of many highs and sometimes, though not always, lows.

For me, some highs would be getting accepted into INSEAD as I felt it could have a significant impact on me, and it did (I still strongly believe in the value of those!), or when we had our first client at BrioHR a few years back: that feeling of having a company run the HR processes with the tool that was just a dream not long before, that’s pretty cool!

What’s a startup trend or space you’re watching this year?‍

I really am passionate about everything HR, so I like to follow and understand what happens in this space.

I also look at a lot of fintech topics as I believe there are stronger and stronger links between those two worlds.

What advice would you give someone starting out in your industry?

Brace yourself! More seriously, I think you have to be ready, whichever vertical within the space you plan to tackle, to follow an infinite thread of opportunities/possibilities, which in the end, requires a lot of effort to remain focused.

What’s one thing you can keep talking about for hours?

A few, such as Poker, Badminton, and of course…startups! But I like listening a lot too

What’s your favorite movie/TV show?

I watch and like many, but to this day, I’d say Breaking Bad remains a top one.

What’s your go-to ice cream flavor?‍

Straight to the point Vanilla

Learn how BrioHR can simplify HR for your business by getting a free demo here.

The post BrioHR in the Media: Ice Breakers with Benjamin Croc appeared first on BrioHR.