Attention to Details in the 418 Regulations!
In 2023, the Department of Labor reviewed the regulations regarding "418" continuous contracts and proposed a change based on a 4-week total working hours basis. Employers are required to meet different hour requirements within a four-week period, namely 72, 68, 64, and 60 hours. Whether hiring full-time, part-time, or temporary workers, employers need to pay attention to discussing the protection details. Employers and HR should be aware that the following aspects are protected by the 418 regulations: wage protection, holidays and leave, retirement and leave, family-friendly benefits, protection against unfair dismissal, increasing the number of employees in a company but also increasing the chance of errors. These include employee onboarding, scheduling, clocking in, attendance, leave, reimbursement, salary, MPF, and tax reporting.
How to automatically comply with the 418 regulations?
You can consider using some compliant and efficient human resource management systems to simplify your workflow, eliminate spreadsheets and human errors, and automate salary calculations and on-time payment. This helps you save administrative burdens and allows you to focus more on business growth.
Here are six commonly used human resource management systems:
SAP SuccessFactors:
SAP SuccessFactors is a comprehensive human resource management solution that provides features such as recruitment, training, performance management, and compensation management. It also supports analysis and reporting of HR-related data.Workday:
Workday is a cloud-based human resource management system that offers comprehensive modules for HR, payroll, workforce planning, and more. It includes an intuitive user interface and powerful reporting tools to better manage and analyze HR data.Oracle HCM Cloud:
Oracle HCM Cloud is a comprehensive human resource management platform that provides features such as recruitment, training, performance management, and compensation management. It is scalable and customizable to meet the organization's needs.ADP Workforce Now:
ADP Workforce Now is a comprehensive human resource management system that offers features such as payroll management, benefits management, recruitment, and training. It includes an easy-to-use user interface and powerful reporting tools.BambooHR:
BambooHR is a cloud-based human resource management system that provides features such as recruitment, training, employee data management, and compensation management. It emphasizes simplicity and user experience, and offers an intuitive user interface and customizable reporting features.Workstem:
Workstem is a platform that provides a comprehensive cloud-based human resource management solution. It aims to help businesses manage HR more effectively, including recruitment, scheduling, attendance, payroll calculation, performance management, and more.
