Navigating the fragile road is plastic industry in Hong Kong which is going through the digital transformation era. The integration of a highly sophisticated HCM system could prove to be the key to success.
What Are the Unique Challenges in the Plastics Industry?
Hong Kong’s plastics industry is the first to experience the steep rise of raw material costs that other sectors are not. Also, keeping environmentally friendly strategies is still a very hard nut to crack. And the worst part is, that tighter environmental policies are the ones causing all these problems with compliance. In contrast, lack of labor and adapting technology are challenges that are seen in all the industries.
How Can HCM Systems Alleviate These Challenges?
With a well-run HCM system, the compliance of environmental regulations is made concurrent and thus i,t organizations get the necessary flexibility to adapt to such complex guidelines. On top of it, they are the ones that improve the performance of a labor force by reducing labor shortages through optimal rostering. Furthermore, they are agents for firms that take on technological applications straight away.
It goes without saying that HRMS solutions are good for payroll processes because they tailor them according to firm needs. Besides, long service payments and other related HR functions become easier to manage. Such systems are tools that bring about efficient practices by ensuring that decisions are informed by data.
Guidelines for a successful HCM Implementation
In order to carry out an effective integration with HCM, you should start with a thorough assessment of your needs and engage all stakeholders actively. As a result of this cooperation, the journey to the new system is much more seamless. The other necessary steps are to build a strong IT backbone and give proper training to the employees timely.
What are the multiable aiM18 HCM system’s Key Features?
- Rule-based Workflow Engine: This is adaptable inline processes which are crucial when managing compliance in the plastics sector.
- Intelligent Roster Planning: The allocation of labor is streamlined addressing the issue of labor shortages within the industry.
- Robust Payroll Engines: Payroll runs without a hitch especially for long service payments.
- Unlimited Appraisal Forms: The customized performance appraisal programs are a good way for a team to improve overall performance.
- User-Developed Legal Interface: The interface guarantees compliance with labor laws which is a necessity for the multinational firms in Hong Kong.
Ethics Executing e-MPF and Document Compliance
aiM18 HCM is e-MPF enabled, it includes documents that comply with MPF and IRD. This feature of compliance guarantees that the firms operate within the law in Hong Kong.
What is Multiable HCM?
Multiable HCM is a cloud-native HCM (aka HRMS, HRIS or HR system). With over 6,000 customers, Multiable HCM gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.
What is LAIDFU (Let AI Do for You)?
LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.
Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.
EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.
Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.
LAIDFU empowers business, with or without an HCM system in place.
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