Today, technology plays a role in all aspects of the business including help HR staff to create less costly, time-saving, environment and employee-friendly solutions. As a business owner that looking for ways to digitally transform your business, and this is where grants can come to your aid.
With the purpose of helping the SMEs quest for digital transformation in mind, the Singapore Government has introduced the Productivity Solutions Grant (PSG) to encourage and support the companies in adopting IT solutions and equipment to enhance their business processes. It was announced on 19 February 2018, Monday by Finance Minister Heng Swee Keat. Mr. Heng also announced to the Parliament, that will be providing the funding of qualifying cost to SMEs who wishes to transform their business into digital.
For a start, The Productivity Solutions Grant (PSG) is focused on adopting technology in several selected industries such as retail, finance, logistics, precision engineering, food, construction, and landscaping industries. In addition to sector-specific solutions, PSG also supports the adoption of solutions that cut across industries, such as customer management, data analytics, financial management, and inventory tracking.
With funding support, it is a great opportunity for the company to make long-term technology investments. Because technology will help your HR department to improve efficiency and maximize the benefit. Technology changes the complicated to a simple one. Thus, will ease HR staff on managing so much data on their side.
HRMLABS is HR solution that awarded by Infocomm Media Development (IMDA) as a pre-approved digital solution vendor under Productivity Solutions Grant (PSG). Our solution is designed to help your HR department to improve its competency in HR processes that comply with MOM requirements. It includes the following modules:
Dashboard
In the dashboard, you can view the summary of data that has been stored in the HRMLabs system. It will allow the company’s management to view analyze, and manage employee activity from one single page.
Employee Management
We manage and store your employee data in one place which is easy to access and manage by the company or even by an employees themselves through a self-service system where enables employees to fill and update their own personal data, check leave balance, attendance and payslip.
Payroll Management
HRMLabs calculate payroll automatically and enables you to generate pay slips through flexible salary structure and respective attendance complete with CPF and IRAS.
Contract Management
Contract module allows the user to record location data that will be used for check-in/out. For company that have multiple locations, now you can easily manage your employee attendance from all site locations simultaneously in one dashboard.
Attendance Management
Track your employees’ attendance daily, weekly, or monthly has never been easier! We provide mobile check-in/out with NFC or face captcha attendance that automatically recorded in the system.
Performance Appraisal
To maintain employees’ performance, we provide the Performance Appraisal Management feature so that companies can set their own Key Performance Indicators (KPIs).
Asset Management
The company will be able to manage company assets and equipment that are assigned to your employees.
Training Management
This feature helps companies to tracks each employees’ job, skill, and training details. Make it easier for companies to manage employee training record and give the right training for the right person.
Have your company become eligible for PSG Grant?
Small-Medium Enterprises are eligible to apply for the PSG Grant if they are registered and based in Singapore. Plus, the purchase/lease / subscription of the IT solutions or equipment must be used in Singapore. And the last requirement to applying for the grant should possess a minimum of 30% local shareholding.
