Changes to your WIC Insurance, and What It Means.
With effect from 01 Jan 2020, there were updates made to WICA (Work Injury Compensation Act), and all Insurers have to update their insurance policies in accordance with the changes.Whilst we have shared recently on the above, we thought to help by expanding on some details, highlight on potential issues,
How to Protect Your Business from Bad Debts (While Increasing Sales!)
It is one thing to protect your own business in a pandemic world (read more about Business Interruption Insurance here), but there’s no protecting yourself against bad debts… Or is there?So What Is Bad Debt? Bad debt occurs when you are unable to collect a payment for services rendered or products
How to Protect Your Business in a Pandemic (such as COVID-19)
The COVID-19 pandemic has resulted in unprecedented business disruptions, to a point that we are now in a technical recession - so it is with a sigh of relief that we are gradually returning to a sense of normalcy, after the Circuit Breaker.The show must go on!However, don't relax just
Cyber Insurance – What is it, and Why is it Important With the New WFH Culture
Amidst a rapidly evolving global cyber landscape because of COVID-19, the WFH (work from home) and virtual meetings culture is here to stay.With more and more professionals having to access sensitive work documents at home, here’s some information on the potential problems you may face, as well as what you
WICA Act 2019 Update: Key Changes, and How it Affects You
In Singapore, the Work Injury Compensation Act (WICA) is a statute that allows employees to make claims for work-related injuries or diseases, without having to file a civil suit under common law.It provides a quicker and more affordable alternative to common law for settling compensation claims. Who Is Covered? With some exceptions,
3 Things You Should Know When Applying For An Employment Agency License
Embarking on your new venture, or renewing the license for your booming agency? Congratulations! You’re here because you’re debating the options for your Employment Agency Bond, and cash flow is most often the deciding factor if a business makes or breaks – so here’s 3 things you should know. Employment Agency License
COVID-19 Update: Work Permit Renewals for Foreign Workers (Phase 1 & 2)
You might have noticed that as a Business Owner with foreign workers in your employment, you may have recently received a letter from the Ministry of Manpower on Work Permit renewals.