ERP

What Challenges Are HR Systems Solving in Hong Kong’s Chemical Industry?

The chemical sector in Hong Kong is an industry with a different set of problems that requires HR operations to come up with ingenious solutions. Adherence to regulations and rapidly changing workforce demands are the main issues for the firms to deal with in order to be able to stay in the competition of the present market.

What Unique Challenges Does the Chemical Industry in Hong Kong Face?
Complying with environmental rules poses a challenge for chemical firms in Hong Kong because they have to maintain a complex compliance matrix, which in turn leads to operational issues. Recruiting is made even more difficult by the need for specific skills, which is one of the reasons it is a hard sector for HR.

Compared to other sectors, the chemical industry is also facing greater cybersecurity threats. The difficulties require sophisticated HCM solutions to manage employee data safety and productivity. Digital transformation is another important aspect the firms should be addressing.

How Can HCM Systems Help Address These Challenges?
By embedding the HCM system, the employees can manage the process of talent acquisition more efficiently and hence the recruitment issues are solved as the system is able to match the skills with the respective roles. In fact, automating the compliance tracking will be possible, meaning that there will be less time spent on the maintenance of regulatory standards.

Additionally, the HCM systems improve payroll management, which ensures correct and timely payments to employees for the additional long service payment. HCM systems making use of AI technologies can not only give accurate predictions on workforce trends but also develop fast plans for changes that result in the overall operability of chemical factories in Hong Kong.

Guidelines for Successful HCM Implementation
Clear communication and training across all departments are necessary for an effective HCM implementation. Moreover, bringing in both the HR and IT teams from the very beginning helps the firm to facilitate a successful deployment, which in turn will make them more prepared to face the specific Hong Kong industry challenges.

Why is Multiable’s aiM18 HCM System Perfect for Hong Kong’s Chemical Industry?

    • Rule-based workflow engine: Streamline compliance processes through automation.

 

 

    • A.I. ready and fully customizable: Modify system to fit specific industry needs.

 

 

    • Intelligent roster planning: Optimal workforce distribution while keeping compliance.

 

 

    • Powerful payroll engines: Increase payroll speed and efficiency, including service payments calculation.

 

 

  • Unlimited appraisal forms: Comprehensiveness in performance appraisal metrics is achieved.

aiM18 HCM‘s Comprehensive Compliance Capabilities
aiM18 HCM is e-MPF accredited and provides full support for MPF and IRD compliant documents. As a result, the firms in Hong Kong can efficiently meet the full range of 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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