Utilization of HCM Systems in the Engineering and Maintenance Industry in Hong Kong

Hong Kong’s Engineering and Maintenance (E&M) sector has to deal with some of the more extraordinary setbacks that require ingenious remedies, such as powerful HRMS software. E&M firms must adapt to ever-changing rules and technological advancements, because, as key enablers of Hong Kong’s flourishing industries, they belong there. Because of the industry’s particular needs and the transitory business conditions in Hong Kong, a good HR system is, therefore, one of the means to long-term success.

Common and Unique Challenges in the E&M Field

Considering the present economy, it is very challenging for Hong Kong’s E&M sector to cope with the unusual problems that do not usually affect the other sectors. Amongst the main ones is the management complexity of skilled and semi-skilled labor that is quite huge to handle, hence, the impact on rosters and payroll synergistic complexities. Moreover, the industry has to implement tons of regulatory compliance protocols that keep changing, which means they have to keep updating the HRIS constantly. These twists are blamed on the project-driven nature of the industry which requires flexible scheduling and the use of various human resources.

In addition, like many other fields, E&M in Hong Kong has to deal with problems such as higher competition for talent and the necessity to increase HR processes’ efficiency. These superimposed obstacles made it necessary for firms to utilize advanced systems, for instance, HRMS to sustain their edge bronze.

Gains of HCM Systems Addressing Industry Issues

HCM (Human Capital Management) system integration is the one most remarkable option to tackle these hurdles. An advanced HRIS will help deal with the complex payroll processes, thus, it will be less complicated to accommodate diverse compensation and long service payment calculations precisely. Hence, the running of these functions efficiently results in effective cost management and contented workforce, as it can be seen in the country’s business agencies.

Besides, HCM systems add a significant impact on the improvement of the rostering skills by using smart roster planning that will lead to workforce maximization.

The most modern HR system does not only make local labor law compliance but also it is compatible with other business operations automating them, thus enhancing efficacy and correctness. By the way, it reinforces the firms by conducting assessment of performance and managing talent with the use of data that is driven from the bottom up, thus contributing greatly to the strategic decisions.

Of course, selecting and implementing an HCM system necessarily means fulfilling regulatory obligations thus positively reinforcing compliance with compatible and updated documentation that is in line with the local ordinances of Hong Kong. These systems enable the HR department by providing them with the tools which automatically perform time-consuming tasks and restore time for concentrating on strategic planning and development.

Steps for a Successful HCM Implementation

Going to a new HCM system need careful planning and execution. The first thing to do is to conduct a comprehensive needs analysis to identify the specific issues and an important place in the Hong Kong E&M industry’s objectives. In addition to that, the involvement of the highest managerial level and engagement of the front-line employee is the decisive factor to speed up the integration process. Hiring a vendor who is known for his or her excellent track record in carrying out the HRMS project is a fast pass to access the knowledge and support of the experienced.

A pilot program may be operated which would help with unforeseen challenges and ensure that employees get accustomed to the new system thus speeding up the deployment of the programs at a full scale. Furthermore, encouraging a culture that is flexible and open to change will help in the adjustment process and make all the stakeholders accept the system more easily.

Features of Multiable aiM18 HCM System

In the light of the challenges being faced by firms, Multiable’s aiM18 HCM system uniquely addresses them with a bouquet of primary features listed below:

• • Rule-based workflow engine: Automation of complex payroll and rostering with smart technology helps easily configure.

• • ISO:27001 certified & security: Protects the personal information of employees from unauthorized access.

• • Payroll Formula Fully Customizable: Customize payroll processing further than 90% less, thus making it easy for projects and shifting work patterns in the sector.

• • Rostering that understands mental planning: Distributes the workforce wisely using the ideas of the project and meeting requirements.

• Interface for local compliance: Speeds up the staying compliant with Hong Kong labor laws while allowing necessary customization.

Meeting Compliance with e-MPF and IRD Standards

aiM18 HCM is the platform that supports e-MPF with a simple yet powerful interface, which makes the compliance process with the Hong Kong Provident Fund (MPF) easy and operational with IRD compliant legal documentation. The HR departments can utilize this platform to generate accurate reports capable of meeting the municipality’s financial and legal requirements, ensuring obeying them and lessening the workload of administrative tasks.

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.