In a competitive labor market, the Small-and-Medium Enterprises (SMEs) might not have the rich resources as larger companies in attracting and retaining talents. This puts SMEs in a disadvantaged position in the talent war. Yet, the differentiated head start should not prevent SMEs in developing an effective compensation and benefit scheme in their bid to recruit and retain talents against larger companies. The first starting point is for enlightened SMEs to develop a useful and practical compensation and benefit scheme. Doing so is fundamental for SMEs in achieving organizational growth and business expansion. Without putting in place this scheme, SMEs will always be plagued by the difficulty in hiring staff and the concern of employees turnover.
This workshop will provide SMEs with a down-to-earth approach in designing a compensation and benefit system to enhance its competitiveness in recruiting and retaining its employees.
Come 1 April 2017, companies that failed to issue employment contract that contains Key-Employment Terms (KET) will be penalized under the law. The Employment Act was amended in April 2016 that require companies to issue written employment contract to all employees covered under the Singapore’s Employment Act. The requirement stated that the written employment contract shall contain the mandatory key employment terms (KET). This half-day workshop helps company’s Management and HR personnel prepare for the new requirement.
During the workshop, the other two requirements that will also be shared are ‘Itemised Payslip’ and ‘Record Keeping’. Together with the KETs, these are the three new changes in the Employment Act
In the construction industry, engineering and construction projects, require a comprehensive insurance policy which will cover the liability, claims and procedures of reimbursement.
Without a proper understanding of the WICA, Project Insurance and other policies, many companies end up with claims, and issues which they were not aware of. If it is project insurance what does it cover, and including Project Insurance policies.
The objective of the seminar is to introduce participants to the practical approach defective design and EOT issues. In the construction industry, many organisation are not clear on how to resolve these issues.
When faced with these issues, they are not sure as to how to resolve these issues or settle them amicably.
Many a times, Companies do not have the necessary focus, and or the skill to find solutions when it comes to payment and variation claims. The focus will be more on what ways payment and variation claims disputes can be settled. Alternatively, the skills needed for this and if there is a bad debt how to recover it when it is payment and variation claims