Employee engagement describes people who are committed to their work and has a positive attitude towards the organisation and its values. Engaged employees are motivated to do well and are emotionally invested in their work. They are dedicated to their company and role, which makes them passionate about their work.  

JR requires organizations to re-look at what and how work should be allocated in a job. JR could be done through the modification of job tasks, duties and/or responsibilities, with the aim to optimise limited manpower without compromising service standards. ForBis professionals are equipped to make this process simpler for you. 

The EDG supports Singapore companies in their growth and transformation. EDG mainly supports projects that help companies to upgrade their businesses, innovate, expand/venture into other countries, under three pillars, namely Core Capabilities, Innovation and Productivity as well as Market Access.

EDG funds qualifying project costs (e.g. third party consultancy fees, software and equipment, and internal manpower) for organizations. 

EDG helps companies to strengthen their HR capabilities by providing support levels of up to 80% for SMEs, up to 60% of qualified costs for non-SMEs from 1st April 2020 to 31st December 2020. However, EDG does not cover costs incurred from standalone training courses, incentives, benefits and welfare subsidies for employees.

EDG provides resources such as HR Diagnostic Tool, HR Portal, Talent Attraction and Development Initiatives, as well as HR Industry Manpower Plan, which helps to further engage employees. 

For more information, read more here. 

Employee engagement describes people who are committed to their work and has a positive attitude towards the organisation and its values. Engaged employees are motivated to do well and are emotionally invested in their work. They are dedicated to their company and role, which makes them passionate about their work.  

The EDG supports Singapore companies in their growth and transformation. EDG mainly supports projects that help companies to upgrade their businesses, innovate, expand/venture into other countries, under three pillars, namely Core Capabilities, Innovation and Productivity as well as Market Access.

EDG funds qualifying project costs (e.g. third party consultancy fees, software and equipment, and internal manpower) for organizations. 

EDG helps companies to strengthen their HR capabilities by providing support levels of up to 80% for SMEs, up to 60% of qualified costs for non-SMEs from 1st April 2020 to 31st December 2020. However, EDG does not cover costs incurred from standalone training courses, incentives, benefits and welfare subsidies for employees.

EDG provides resources such as HR Diagnostic Tool, HR Portal, Talent Attraction and Development Initiatives, as well as HR Industry Manpower Plan, which helps to further engage employees. 

For more information, read more here. 

A business process audit examines the company’s business processes to figure out what works well and what needs improving, taking into account the strategic objectives and goals of the company. 

Businesses today face a highly competitive environment. To stay relevant and competitive, companies must constantly improve their processes. A business audit also helps to lower costs, gain higher revenues, improve employee engagement and customer satisfaction. 

Objectives

• Eliminate inconsistencies and strengthen operation capabilities
• Continuous improvement process
• Discover new ways to improve business practices 
• Provide greater transparency across all levels of management 
• Complementing manpower through automation 

The EDG supports Singapore companies in their growth and transformation. EDG mainly supports projects that help companies to upgrade their businesses, innovate, expand/venture into other countries, under three pillars, namely Core Capabilities, Innovation and Productivity as well as Market Access.

EDG funds qualifying project costs (e.g. third party consultancy fees, software and equipment, and internal manpower) for organizations. 

EDG helps companies to strengthen their HR capabilities by providing support levels of up to 80% for SMEs, up to 60% of qualified costs for non-SMEs from 1st April 2020 to 31st December 2020. However, EDG does not cover costs incurred from standalone training courses, incentives, benefits and welfare subsidies for employees.

EDG provides resources such as HR Diagnostic Tool, HR Portal, Talent Attraction and Development Initiatives, as well as HR Industry Manpower Plan, which helps to further engage employees.  

For more information, read more here. 

A business strategy is a formal set of competitive moves and actions that helps your company reach its business goals. Strengthening company performance, increasing customer base and securing a competitive position in the market is just the tip of the iceberg when it comes to business strategies. 

Business strategies outline how a business should be carried out to reach its goals. However, when market conditions take an unanticipated turn, it calls for the company to come up with strategies to cope with the situation.

An Information Technology (IT) audit is the examination and evaluation of an organisation’s IT infrastructure, policies and operations. This is extremely important in an era where technology is rapidly evolving and the risks of a cybersecurity breach and attacks are constantly increasing. Businesses should constantly evaluate their IT controls to protect corporate assets and ensure data integrity. 

The EDG supports Singapore companies in their growth and transformation. EDG mainly supports projects that help companies to upgrade their businesses, innovate, expand/venture into other countries, under three pillars, namely Core Capabilities, Innovation and Productivity as well as Market Access.

EDG funds qualifying project costs (e.g. third party consultancy fees, software and equipment, and internal manpower) for organizations. 

EDG helps companies to strengthen their HR capabilities by providing support levels of up to 80% for SMEs, up to 60% of qualified costs for non-SMEs from 1st April 2020 to 31st December 2020. However, EDG does not cover costs incurred from standalone training courses, incentives, benefits and welfare subsidies for employees.

EDG provides resources such as HR Diagnostic Tool, HR Portal, Talent Attraction and Development Initiatives, as well as HR Industry Manpower Plan, which helps to further engage employees. 

For more information, read more here. 

Social Enterprises (SE) in Singapore are run as business entities with clear social objectives. Their purpose is to achieve social impacts while generating financial returns for their own. Meanwhile, charitable organisations are non-profitable. Therefore, SEs are not to be mistaken as charitable organisations. 

Most SEs in Singapore are established as a society, cooperative, private limited company, or a company limited by guarantee. These entities provide business solutions to contribute to social causes. They complement the efforts put in by the government to bring positive changes to various aspects of society.

The Singapore Centre for Social Enterprise, raiSE aims to raise awareness on social entrepreneurship and to support new SEs by providing advisory services, training, resources and mentorship. 

To be a full-fledged SE in Singapore, your company needs to be a member of raiSE – which requires an arduous process of filing and administrative work. 

Processes simplified- Forbis professionals are equipped and ever-ready to support your company’s journey to be a SE. 

As Social Enterprises work hand in hand with the government, they are entitled to the following grants: 

• Up to S$100,000 in seed grants under Venture For Good (VFG), by Singapore Centre for Social Enterprise(raiSE)
• Up to S$20,000 grants for expansion to existing social enterprises as early-stage funding for pilot ideas
• Up to S$300,000 for social enterprises that train and employ disadvantaged Singaporeans under the ComCare Enterprise Fund (CEF)
• Up to S$300,000 to new cooperatives under Central Cooperatives Fund

*Only Social Enterprises registered in Singapore are entitled to these grants 

Institutions of a Public Character (IPCs) are exempt/registered charities that are capable of issuing tax-deductible receipts for qualifying donations to donors. Therefore, donors can claim tax relief from their assessable income based on the donated amount, at current deduction rates.

Thus, IPCs appeal more to donors which attracts a greater number of donations. These organisations require a higher standard of regulatory compliance as well as governance. 

Registering your non-profit organisation as an IPC in Singapore can get quite complex and complicated. Hence, don’t fret and leave it to our Forbis professionals to manage the fundamentals.

Chat with us today to discuss how we can be at your service. 

It is mandatory for the organisation to be a registered/exempt charity or other charity that is not required to be registered by virtue of section 5(4) of the Charities Act. 

Additionally, under the Charities Act (Chapter 37, Section 40C), the activities of an IPC must benefit the community in Singapore as a whole, and not confined to the sectional interests of a group of persons based on race, creed, belief or religion, unless otherwise approved by the Minister.

These activities must meet the IPC’s objectives under its governing instruments and the objectives of its Sector Administrator.

The IPC must also be administered by governing board members, at least half of whom are independent and citizens of Singapore.

IPC status requires more administrative upkeep:

• The need for transparency
• Information to be made public and available online 
• Present clear donation records 
• Renew IPC’s auditors at least once every 5 years 

Only registered charities that meet charitable objectives (based on the standard of the Commissioner of Charities) would be able to enjoy tax benefits.

Benefits include:

• Tax Exemptions 
• Greater credibility of NPOs which encourages donations and funding