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HR Ecosystem Awards: Payroll category

Managing payrolls has tremendous effects on the part of HR practitioners. Not only does it affect employee satisfaction and retention; it also speaks volumes about organisational compliance, data security, reporting, and overall financial stability of a company. As a category in the HR Ecosystem Awards, the search is on for the most efficient and well-designed tool, platform, or solution catering to HR management of company payrolls. Among key elements that will be identified under this category are accuracy, efficiency, and compliance with localised labour regulations, tax laws, and other requirements.

The HREA will thus evaluate each entry based on their ability to provide accurate and timely payroll processing, automating what can be done for HR so that leaders can continue upscaling their effectiveness in other areas of managing personnel. Another factor will be streamlined integration and reporting within the finance system, providing HR with not just tools but also data for better financial insights to overall company performance. In the end, we will have finalised and identified the best service provider geared towards supporting this vital role of HR in managing and processing employee compensation and monetary incentives.

Key Assessment Criteria:

Judges evaluating the finalists and selecting the ultimate winners will focus on two key criteria that define excellence in payroll:

  • Criteria #1 – Accurate and Timely Payroll Processing: The partner or solution’s ability to deliver accurate and timely payroll processing, ensuring compliance with relevant tax regulations and employment laws.
  • Criteria #2 (Optional) – Integration and Reporting: The partner or solution’s capacity to integrate with HR and finance systems, as well as provide comprehensive payroll reporting and analytics for better financial insights.

 

The Essential Guide to Nominating: Payroll

Nominations are open for:

  • Organisations and Teams in:
    • Southeast Asia


Nominees need to answer the ff: (suggested responses of 20-250 words each):

  • Ability of the partner or solution to provide accurate and timely execution of payroll across each client’s workforce.
  • Capacity to integrate with HR and finance systems, as well as provide comprehensive payroll reporting and analytics for better financial insights. (optional)


Nominees are also able to provide digital files, images, or video in support of their answers.

Other details required:

  • Name and contact details of the person nominating
  • Type of nomination (Partner, Solution, Both) 

 

Click here to nominate your organisation for the Payroll category.

Click here to find out more about the HR Ecosystem Awards,
including other categories, key dates, and frequently asked questions.

Nominations must close on October 29, 2023.

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