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Human Resources & Payroll

Singapore Announces 2015 Holiday Schedule

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The Ministry of Manpower has released their calendar of holidays in Singapore for the 2015 calendar year.


Rise in Asian HR Recruitment Signals Increased Business Confidence

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The Robert Walters Asia Job Index reported a significant increase in job advertisements for professional positions last quarter, a signal of growing business confidence throughout the region.


Vietnam Issues New Work Permit Regulations for Foreign Employees

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The Vietnamese government has recently released a new Circular on the procedures a foreign worker must adhere to in order to be considered for a work permit. Circular 03/2014 tightens the regulations for foreign workers seeking to come to Vietnam.


Social Insurance Compliance Across Asia

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The administration of social insurance can be a complicated and confusing process for employers with operations in multiple countries. In this article, we explore social insurance in China, Hong Kong, India, Singapore and Vietnam to help clarify the key components of compliance across Asia.


The Accelerating Trend towards Outsourcing Payroll Processing Work in Asia

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For several years now, multinational companies with operations in one or more Asian countries have begun transitioning to an outsourced model for handling their payroll and HR administration. While already well-established in the U.S. and the UK, the cost-benefit of outsourcing is significantly less clear-cut in Asia.


Hong Kong Revokes Philippines Visa Exemption Over 2010 Hostage Crisis

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From February 5, officials and diplomats from the Philippines visiting Hong Kong will not be able to enjoy the 14 day visa-free exemption they currently do, Hong Kong Chief Executive Leung Chun-ying told a press conference yesterday. The move is in response by Hong Kong to a tragedy in Manila over three years ago, when eight Hong Kong tourists were killed and seven others injured in a hostage situation that lasted over 10 hours.


Key Considerations When Choosing a Payroll Outsourcing Model

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SHANGHAI – When determining which type of model is most appropriate for managing payroll across multiple countries, employers should take into account the advantages and shortcomings of the three most commonly utilized models. The first, a country-by-country model, entails contracting vendors locally in each country. The second, a managed model, entails contracting a single vendor […]


New Issue of Asia Briefing: Payroll Processing Across Asia

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In Asia Briefing Magazine’s first issue of 2014, we provide a country-by-country introduction to how payroll and social insurance systems work in China, Hong Kong, Vietnam, India and Singapore. We also compare three distinct models companies use to manage their payroll across various countries with external vendors, and explain the differences among three main models: country-by-country, managed, and integrated models while highlighting some benefits and drawbacks of each.


Vietnam Set to Increase Minimum Wages from December 31, 2013

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Dec. 4 – The government last week passed a new decree that will increase minimum wages throughout Vietnam as of December 31, 2013, which will be effective for enterprises, co-operatives, household businesses, foreign companies and international organizations operating in the country. Replacing Decree 103/2012/ND-CP, the new Decree 182 will implement increases of up to VND2.7 […]


New Issue of Asia Briefing: Work Visa and Permit Procedures Across Asia

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In this edition of Asia Briefing Magazine, we outline the specific documents required for foreign nationals working in China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as highlight the relevant application processes in each of these countries. Attention is also given to the role of the sponsoring company and the regulations they must adhere to.


 

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