As the workforce continues to shrink, enterprise in Hong Kong face a challenge: how to manage their human resources. For example, mass layoffs across Amazon, Disney and Meta continue—and dominate headlines.

When businesses lay off several employees, other workers are often asked to pick up the slack. If you don’t retain your employees, they might leave to find better working conditions. When it comes time to brainstorm new ideas or redesign a process, the remaining employees won’t be able to contribute their best work because they will all feel overwhelmed by the increased workload.

To manage your human resources, you need to understand what motivates employees. Most employees want to feel like they are making a difference and being recognized for their contributions. They also want to be treated fairly and with respect. This can be difficult in today’s fast-paced business environment where companies are constantly competing for talent.

Attracting and retaining talented employees—who can grow your business, help you expand internationally or simply add value to the workplace culture—is crucial. But how do you keep them?

With a well-functioning human resources department being critical to the success of any company, it should come as no surprise that—One way companies manage their employees is by using HR system (HRIS/ HRMS/ HCM). The HR system is a centralized platform that handles all core and strategic human resources processes. It was designed to streamline the management of human resources, so businesses can improve productivity through efficient handling of their HR practices.

As the global economy continues to grow and expand, HR system will assume an increasingly central role. When the system first came out, it was primarily used to maintain an employee database and payroll, but today’s HR systems are much more sophisticated. They allow companies to manage their entire human resources function through a single platform. Businesses today need to strike a balance among process, people and technology—all of which contribute to performance.

Multiable HCM system allows a business to integrate its various human resource processes and systems into one seamless program, making it easy for enterprises to manage their operations. This gives them the ability to track and monitor employee performance, while also providing the necessary tools for effectively managing their teams. Multiable HCM can help companies achieve their business objectives by empowering employees to do their best work.

Multiable has 30 years of experience implementing HR system and the project team members have rich, hands-on experience in this area. Multiable HCM system has transformed the human resources landscape in Asia by providing fully integrated solutions that standardize business processes, increase collaboration efficiency within departments—and establish long-term trusting partnerships with more than 6,000 entreprises.