Overcoming Barriers in Hong Kong’s Restaurant and Bar Industry

The food and beverage sector in Hong Kong is a showcase of its inherent vibrancy and diversity. Even so, this sector has its own specific challenges, especially in a city like Hong Kong that is characterized by high demands and operational complexities. The industry predominantly faces the problem of handling the stock of perishable goods, which requires exacting stock controls and forecasts, this problem being less pertinent for other industries. Other issues like the rising food safety standards are deal-breakers that demand not only perpetual compliance and monitoring but also the need of public health protection.
Additionally, the sector has considerable staffing issues, ranging from high turnover to the measurement for extensive training for workers to follow standard procedures and customer service expectations. Furthermore, both the food and beverage sector and the rest of the industry in Hong Kong run into labor law compliance issues and technological adaptation to modern business practices.

How HCM Systems Help in Surmounting Industry Challenges

In fact, the installation of HCM systems can be a turnaround for the food & beverage sector in Hong Kong. Human Resource systems such as Multiable aiM18 HCM are what is needed for such a situation as they provide the necessary infrastructure to implement these changes having a full-scale effect. This is primarily, as they shorten the time needed for workforce management; this will be pivotal for them to deal with high turnover by efficient onboarding and good employee management. On top of that, HCM systems are a factor in the efficient operation of the whole organization; with functions like automated scheduling, firms can manage the staff roster better, thus reducing the risks of over and understaffing. The full customization feature does allow restaurant owners to format payroll systems the way they want; for instance, they can add long service payment calculations during the time of processing payroll. HCM software is instrumental in aiding the observance of local labor laws as it is supplied with tools that are MPF & IRD compliant which in turn will lessen legal threats.

Best Practices for Successful HCM Implementation

The installation of an HCM system comes with its own set of recommendations to guarantee the success of the same. Firstly, it is recommended for the firms to perform a thorough needs assessment before embarking on the system’s implementation to discover specific requirements. Secondly, the early involvement of the relevant stakeholders in the process would lead to the cultivation of ownership and high rates of the system’s adoption. Undoubtedly, education and support are critical factors here. By regularly giving updates to the staff on the new features, the firms can make the most of their HRMS software, hence, it will work effectively in catering to the ever-changing needs of the food and beverage industry in Hong Kong.

Multiable HCM System’s Unique Features and Their Advantages

• • Outstanding Payroll Engines: Carries out long and tedious payroll calculations, plus long service payment, all in the blink of an eye, contributing to accurate and timely financial management.

• • Rule-based Workflow Engine: Brings together the efficiency of applying standards and the consistency of the HR process, thus making rostering and compliance easier.

• • Smart Rostering: Helps in optimal staff scheduling, in turn, increasing efficiency and reducing operational costs.

• • AI Ready & Fully Customizable: Fulfills different business needs and makes integration with existing systems new hassle-free.

• ISO:27001 Certified Security: Protects important staff information while keeping the firm safe and unconcerned about data breaches.

aiM18 HCM Is Your Trusty Partner with Compliance Issues

With its e-MPF approval, aiM18 HCM becomes a trustworthy product for firms in Hong Kong as it plays a big role in complying with MPF and IRD requirements. Businesses can take it easy on their documentation management knowing the system adhering to local lawful obligations.

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.