KUALA LUMPUR, 27 October 2020: People management platform Employment Hero has today announced its expansion into Malaysia to better connect employers and employees in a new world of work, and empower local SMEs during the government-mandated work-from-home directive during Malaysia’s Conditional Movement Control Order (CMCO).
Employment Hero has launched localised versions of its signature people, payroll and benefits solution in Malaysia, Singapore, New Zealand and the United Kingdom to help SMEs in these markets better navigate common HR processes, as well as people and performance management.
With Employment Hero’s all-in-one platform, Malaysia SMEs will be able to join the remote working revolution to better manage their employees, including stronger assistance for hiring, onboarding, managing payroll, and engaging with employees’ needs. During its launch, Employment Hero will also offer a free six-month subscription for customers who sign up for a 12-month subscription, and a free three-month subscription for customers who sign up for a month-to-month subscription before 28 November*.
Employment Hero is backed by global human resources firm, SEEK, from a capital standpoint with an AUD$ 22 million investment into the business last year, as well as providing experience and insight into the Malaysia and Singapore employment landscapes. The introduction of Employment Hero into Malaysia comes at a time where the government is heavily focused on supporting and growing small and medium-sized local businesses. An important part of Malaysia’s economy, they make up two thirds of Malaysia’s workforce and contribute to 40 percent of the country’s economy.
Ben Thompson, CEO and co-founder of Employment Hero, said: “Several businesses in Malaysia have been impacted by COVID-19 and numerous stimulus packages aimed at SMEs have been welcomed, but there is also a need to support smaller businesses for rapid digital adoption and set them up for people management success during the pandemic and beyond.”
He added: “Similar to how we have helped numerous businesses across the world pivot to get through COVID-19, we want to offer Malaysian small businesses the same kind of support. With COVID-19 globally impacting millions of small businesses, there has never been a better time to grow our mission on an international scale.”
Throughout 2020, Employment Hero has experienced strong growth after successfully pivoting its offering to focus on COVID-19 related content, tools and resources to help the local small business community navigate the global crisis. The platform has seen over 50 percent growth in new customer acquisitions since March, and subsequently expanded its team headcount over 40 percent, including hiring several new leadership roles.
In Australia, SMEs who have used Employment Herohave reported reducing time spent on people management by up to 80 percent, time spent on payroll processing by up to 60 percent, and onboarding a new hire to just minutes.
Employment Hero has also launched its latest service Global Teams, a new Professional Employer Organisation (PEO) solution designed to democratise the talent landscape and help SMEs sustainably scale. The roll-out of the Global Teams PEO service will give SMEs access to talent pools across 54 countries without having to establish a foreign legal entity. The portal eliminates the need for multiple people management tools, saving SMEs time and money during growth phases.
The service also offers an in-built Applicant Tracking System (ATS), allowing SMEs to easily create and publish open positions to job boards. International candidates will then be given an Employment Hero ‘passport’ with access to the platform’s benefits, remote worker training, as well as a rewards and referral program to leverage network effects among employers and applicants alike.
*Conditions apply. Find out more here: https://employmenthero.com/my
