Confronting Special Problems within Hong Kong’s ICT Sector
Information and Communication Technology (ICT) sector embodies the concentrated mark amid the techno-dynamic setting of Hong Kong. However, even though the ICT market is essential to the city, it evidently is not free from the struggles stemming from the special need of approaches and multi-dimensional therapies. The case is more difficult considering the overlapping of different issues in diverse fields which certainly makes it amusing to this serious game.
Individual and Common Problems in ICT Sector
In the ultra-modern category of ICT business in Hong Kong, the comrades are on the table of many problems particular to the sector that some other industries do not have to deal with. First of all, the swift technology competitions mandate that the ICT firms keep on innovating, which is the ongoing development of new products that depend on other products to be more effective; this situation is not attainable to other business categories. Secondly, the ever-complexing cybersecurity attacks facing the ICT sector today which demands corporate defense spenders add skills training with the latest technologies. At last, there is the conspicuous deficiency of employees who can operate the new technologies that make the talent acquisition process cumbersome. Of course, the issues on hand are further aggravated by the hardships faced by other branches, like regulatory compliance, where the intricacy of local and international regulations equals to the overall hindrance of growth initiatives. In addition, the very high operating costs of a prominent location like Hong Kong financially impact all sectors of the industry.
HCM Systems: the Smart Approach to Problem Solving
The solution of adopting a full-fledged practicalities of HCM system is the way to go for ICT firms in Hong Kong that are handling these challenges. In such a high-tech ecosystem like ICT, a smart HRMS system acts as the vehicle of streamlined operations through the long term efficiency of the management of recruitment and retention procedures. As to the most essential part of HCM system, that is one of the auto-payroll functions conveniently integrated in the system, highlighting the problems of the discrepancies and labor law compliance issues. Therefore, HRIS systems advocate the principle of recognition; this is why the employees perform better and come to the office with a team spirit feeling.
The Must-Haves in an HCM System
Before the implementation of the HCM system, the planners must be careful. The most vital step is the firms to select a proper HR system that adheres to their objectives of the organization and must be expandable to cope with the future changes. The business success lies in the training targeted for the optimization of the HRMS. Moreover, a systematic assessment and remdial of operative dynamics according to the feedback will help it stay on course even if experiences changes in the future. The suggested is a single rollout, which has not yet been phased. What are its strengths? It is capable of diminishing disturbance and making the transition seamless and without trouble.
Key Features of the Multiable aiM18 HCM System
The Multiable aiM18 HCM system is different for its substantially customized solutions which serve as the stepping stones for enterprises.
- Rule-Based Workflow Engine: automate the repetitive tasks which causes the faults.
- AI ready; Fully customizable: It is the perfect way for the business to have the flexibility to adapt the functionalities according to their ICT needs.
- Intelligent Roster Planning: Allocates resources efficiently based on demand fluctuations.
- Unlimited Appraisal Forms: Provides flexibility for performance evaluations; it allows customization by department.
- ISO:27001 Certification: For the effective management of confidential employee data, the introduction of technology measures that ensure the highest security standards is fundamental.
Compliance Features in aiM18 HCM System
Moreover, the compliance features in the aiM18 HCM system are another unique factor and an added value specifically for Hong Kong. The e-MPF approved system not only generates MPF and IRD-compliant documents but also assists businesses in the locality to easily comply with the legal requirements.
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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