Alibaba’s New Retail Integrates E-Commerce, Stores, & Logistics: Is This The Next Gen Of Retail?

New Retail strategy aims to establish the business as a consumption solution provider, leveraging big data to enhance consumers’ shopping experiences. The approach focuses on:

#1 – Digitalization: Overhauling existing operating model—with a particular focus on redefining its brand and digitalizing its supply chain to improve efficiency.

#2 – Omnichannelization: Leveraging big data capabilities and Internet mindset to enhance the Omni-Channel experience.

#3 – Platformization: Further integrating unified data platform by unifying online and offline information regarding customers, products and services.

#4 – Entertainmentization: Integrating leading fashion, art and lifestyle icons into malls, in line with consumers’ growing preference for experiential retail.

#5 – Gamification: Boosting engagement by adopting human naturally competitive behaviour to win. Generate excitement, motivated by reward, from monetary, physical, or simply bragging rights.

Singapore Employers Must Issue Itemised Pay Slips, Key Employment Terms from April

Singapore Employers Must Issue Itemised Pay Slips, Key Employment Terms from April

These changes aim to improve employment standards and facilitate the resolution of any employment-related disputes if they arise, says the Ministry of Manpower.

News from CNA:

Besides making employment terms more transparent, the changes include treating less severe infringements of the law as civil offences, which may attract a financial penalty but not a criminal record. “This process is more appropriate for these types of administrative breaches, and prevents companies from being penalised too heavily, especially SMEs,” said Manpower Minister Lim Swee Say, referring to small and medium-sized enterprises, which employ more than two-thirds of the workforce.

Laws requiring employers to issue itemised pay slips and key employment terms (KETs) to staff members covered by the Employment Act (EA) come into effect from Apr 1, the Ministry of Manpower (MOM) said on Thursday (Mar 31) in a media release.

This comes after the Amendment Bill was passed on Aug 17, 2015.

MOM said these changes aim to improve employment standards and facilitate the resolution of any employment-related disputes if they arise. Those who keep incomplete or inaccurate employee records will be in breach of obligations.

“As announced in August 2015, MOM will adopt a light-touch enforcement approach and focus on educating employers in the first year,” the ministry said.

MOM added that employers can tap on the EA assistance package for blank payslips and KETs that can be filled in by hand; software for generating itemised pay slips; one-to-one assistance for small and medium enterprises; as well as funding.

Four areas will be covered:

  • Failure to issue itemised payslips;
  • Failure to issue key employment terms, such as working arrangements, main duties and fixed salary deductions, in writing;
  • Failure to maintain detailed employment records; and
  • Provision of inaccurate information to the Commissioner for Labour or inspecting officers without intending to defraud and mislead.

Employers who breach the law will face an administrative penalty, ranging from S$100 to S$200 per employee or occurrence, and asked to rectify breaches. Failure to comply will become a criminal offence.

Key Employment Terms (KETs) from MOM


Tripartite Guidelines on Issuance of Key Employment Terms in Writing


Need Help To Overcome This?

Find out how our Human Capital System can help you to manage your payroll and employee contract easily to avoid breaching the policy.

2016 Marketing Trends You Can’t Ignore

2016 Marketing Trends You Can’t Ignore

“Is your 2016 marketing plan on trend? It may seem like every time you turn around there’s a new marketing trend to figure out. While it can be daunting to stay on top of what’s new, it’s important to realize which trends appeal to consumers – after all, they’re the ones you are trying to reach with your marketing! So, take a look at some of the latest marketing trends that consumers love, and learn what your business can do to get your 2016 local marketing plan on trend.”

Key Takeaways:

Consumers love mobile friendly websites because they are user-friendly and create a seamless mobile experience. In 2016, if it’s not already, your website needs to be mobile-friendly.

Live streaming apps like Periscope and Meerkat have made it easier for consumers to connect with brands and businesses. In 2016, consider using one of these apps to connect with your customers. Your videos can be short and sweet, and best of all, you only have to have a cell phone or tablet to create and share them.

Users love taking and sharing quizzes across social media sites and the web, and marketers are using them as a way to engage with audiences. Leverage this trend in 2016 by integrating quizzes and polls in your content marketing strategy.

ReachLocal Infographic: 2016 Marketing Trends You Can’t Ignore

Repost from Reachlocal.

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