How to Hack Business Growth Leveraging Africa PEO Services
Africa PEO services — Expanding to a new country is exciting! It opens up so many possibilities for success. As executives, we all want our respective businesses to succeed, right? But, the complexities involved in global expansion may dampen such excitement. However, this shouldn’t stop your plans; you can still expand your business to […]
A Detailed Guide to Statutory Contributions in Nigeria
ARTICLES Table of Contents Summary National Housing Fund (NHF) National Health Insurance Scheme (NHIS) Personal Income Tax Pension Fund Industrial Training Fund Nigeria Social Insurance Fund Partner with us Summary In Nigeria, employers and employees are required to make statutory contributions to the government. These contributions are made to bodies like the National Pension Commission, […]
A Quick Introduction to Payroll Management
Introduction to Payroll Management — Payroll plays a central and strategic role for winning organisations. This is because it reflects a business’s financial stability, operational efficiency, and reputation by its function. It also directly impacts employee experience, and a good payroll management system saves organisations from compliance concerns that could result in hefty fines or […]
Driving Strategic Payroll Solutions for Your Organisation
Strategic payroll solutions and tips for your company — Depending on your type of organisation, you are bound to engage people’s services under different contracts. These differences vary and can result from work duration, type of service required, location of the team members, etc. Here are some common classes of employees and how payroll management […]
9 Payroll Tips for an Effective Payroll Department
An effective payroll department isn’t just essential to a business’s functioning. It also plays a significant role in maintaining a high level of employee satisfaction. Employees depend on getting paid promptly and consistently with the correct amount stated in their contracts. A payroll process that’s slow, prone to errors, or too complicated can result in […]
Pre-Employment Background Checks: Importance & Types to Reduce Hiring Risk
A good hiring strategy necessarily employs pre-employment background checks. But what really are these checks and why are they necessary? Picture this … After a long search, you’ve finally found an applicant that fits the profile. He’s got talent, skills, experience, and by the looks of it, the personality too. So naturally, you’re excited and […]
3 Common Sources of Business Litigation in Nigeria [& How to Avoid Them]
Growing a business to the point of profitability in Nigeria is complex enough. If you add the energy required to manage employees and remain free from business litigation, it could amount to a lot of pressure for business leaders to keep things running smoothly. Regardless of how tough it may be to keep the ship […]
Hiring a Professional Employer Organisation? A PEO Cost Analysis
The benefits that a good PEO can provide organisations are clear. However, the issue of the costs of hiring a PEO frequently raises concerns for some organisations. So, how does a PEO price its services? Several factors impact PEO cost. However, a straightforward answer is that a PEO prices its services according to: The value […]
Employee Payroll: Understanding Full and Final Settlement
Maintaining an excellent employee experience throughout an employee lifecycle is a crucial responsibility of organisations. And when done right, businesses reap the rewards in the form of increased customer satisfaction which improves customer retention, and ultimately, revenue. This article focuses on helping you understand a crucial aspect of payroll that ensures quality employee experience when […]
5 Essential Questions to Guide Your Strategic HR Plan
At the heart of the matter, HR professionals have only one purpose: increasing employee performance and delivering on organisational goals. Whether that means sourcing and hiring the best talent or creating an environment in which talent can thrive, every plan and every step that HR takes must deliver on the mandate above. Consequently, since the […]