The Uniqueness of Hong Kong’s Travel and Tourism Industry with its Own Challenges

Hong Kong is still drawing international tourists with its colorful culture, charming streets, and mouth-watering food. The travel and tourism sector is the lifeblood of the city’s economy. But, the bustling places also illustrate that industry experts confront some specific challenges that are not present in other industries. Changing geopolitical conditions and the fast-changing regulatory framework require travel operators in Hong Kong to be on the go all the time. This forced vacation to go through extra rules on paperwork and more administrative burden is what it means to travel operators today. In addition, the demand that varies unpredictably, partly because of international relations, creates the need for a very accurate resource allocation. To add even more stress, it is worth mentioning that issues like staff turnover and talent acquisition are not only in travel and tourism but across other firms also. Therefore, common to both travel and tourism industry as well as to other sectors is the high wave of challenges in staff efficiency and the increasing diversity of workforce expectations.

Using HCM Systems to Deal with the Industry Hurdles

HCM systems have been the backbone of overcoming these specific hurdles. These systems with their capabilities to automate and streamline tasks are the right solutions for relieving the pain out of administrative workloads. In times of considerable regulatory pressures, the HR system is the travel firms’ secret power to be more flexible. The Multiable aiM18, which uses AI, notifies about tasks left and sidebar discussions, making it easier and faster to manage these tasks. Consequently, it not only exempts the labor and time but also raises the efficiency and accuracy in payroll and compliance management.

In addition, the implementation of dynamic HCM in the administration of staff retention, which is an issue prevalent in most sectors, is a big move toward nurturing the employees turnkey and uplifting them through personalized performance appraisals and professional development opportunities. Mainly, this helps organizations to not only hold on to their talent but also to build a highly motivated-service oriented workforce. Moreover, the function of creating individual HRMS solutions allows travel firms to constantly rethink their strategies for the rapidly changing conditions of the branch. With that, they can focus on providing the best tourist experience possible which in turn increases their reputation in Hong Kong.

The Path to a Successful HCM Implementation

Deploying a robust HRIS is dependent on strategic planning and piercing foresight. One, it is very important for businesses to maintain communication among the departments in the full-scale system implementation. By doing this, laying down the will be the right move for the firm to win the loyalty of the employees. Expanding employee potential pools throughout the integration process is imperative for organizations as it helps the staff forge stronger bonds with others. Furthermore, training programs should be obligatory for the compliance of employees with the full-HCM potential. The system performance psychogists will operate continually, thus tuning and upgrading the tools as the needs change. These guidelines will ascertain the HRMS system coherence with firm objectives while assuring workforce efficiency. .

Feature Harnessing of Multiable aiM18 HCM System

• Rule-based Workflow Engine: Automate and streamline HR processes to alleviate administrative burdens.

• Intelligent Roster Planning: Optimize resource allocation and meet fluctuating demand efficiently.

• Fully Customized Payroll Formula: Significantly reduce the complexity of payroll calculations.

• ISO:27001 Certification: Protect critical personal data with strong encryption for regulatory compliance.

• Unlimited Appraisal Forms: Tailor performance appraisal systems to boost employee engagement and retention.

Streamlining Employer Obligations through e-MPF Approval

Multiable aiM18’s e-MPF approval is an important advantage of travel firms in Hong Kong. The MPF and IRD compliant documents supported by this feature warranty the fulfillment of local regulatory requirements. This manner eases the pressure linked to the long service payment calculations and thus, the compliant and smooth operation of the trip firm.

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.