Get The Latest HR TrendsFrom FaidiHR Platform
"The Future of Work is Remote Work"
In a move set to transform the way businesses manage their workforce, FaidiHR has proudly announced the release of their groundbreaking free Payroll and HR Software Modules. This momentous announcement promises to revolutionize the HR landscape by providing small and medium-sized businesses with access to powerful tools previously only available... Read More
With the introduction of the government paybill 222222 for all its services NHIF is no longer accepting payments with its old mpesa paybill.
The National Health Insurance Fund (NHIF) notifies all Members and Employers that effective immediately, all NHIF payments through mobile money platforms shall only be made through the... Read More
In a groundbreaking decision on Tuesday, November 28, 2023, the High Court declared the Housing Levy, introduced under the Finance Act 2023, as unconstitutional, marking a significant win for Kenyan workers. Justices David Majanja, Christine Meoli, and Lawrence Mugambi deemed the levy null and void.
The petition challenging the constitutionality... Read More
In a groundbreaking move, the Social Health Insurance Act, of 2023, has ushered in a new era in Kenya's healthcare landscape, repealing the National Hospital Insurance Fund (NHIF) and giving rise to three distinct funds. Effective as of November 22, 2023, this transformative legislation aims to address the challenges faced... Read More
In recent years, Kenya has faced economic challenges that have compelled companies to reevaluate their operational strategies. The need to streamline processes, cut costs, and enhance efficiency has become paramount, leading to a surge in layoffs, redundancies, and voluntary retirements. Today, we explore how businesses in Kenya are navigating these... Read More
Taxation is a fundamental aspect of any thriving economy, and Kenya is no exception. It is essential to understand the various types of taxes individuals in Kenya are subject to, particularly regarding personal income. Whether you are a resident or a non-resident, the Kenyan tax system has specific guidelines to... Read More
In an effort to provide relief to taxpayers and encourage compliance, the Kenya Revenue Authority (KRA) introduced a Tax Amnesty Program, offering a golden opportunity for individuals and businesses to address outstanding tax issues. The program, which commenced on 1st September 2023, extends to 30th June 2024 and covers penalties... Read More
Introduction
Nigeria, with its vibrant population of over 200 million, presents an enticing opportunity for businesses seeking top-notch remote talent. However, understanding and managing the payroll system in Nigeria can be a complex and challenging task. From navigating local taxes to handling compensations and benefits, employers must be well-versed in... Read More
Introduction
Tanzania, one of Africa's nations, has been making remarkable strides in economic growth and development. With its abundant natural resources and diverse industries, the country transitioned from a low-income status to a low-middle-income nation in 2020. Tanzania's Gross Domestic Product (GDP) reached an all-time high of $67.78... Read More
A Comprehensive Guide to Running Payroll in Uganda
Introduction
Expanding your business to Uganda can be a rewarding endeavor due to the country's economic growth and burgeoning workforce. However, navigating the intricacies of Ugandan payroll can be a daunting task for any organization. To ensure smooth operations and... Read More
In a move that has sent shockwaves through the corporate landscape, the Kenya Revenue Authority (KRA) has issued a groundbreaking directive that has far-reaching implications for both employees and employers. The controversial directive mandates that employers calculate the deduction for the recently introduced housing levy based on employees' gross pay,... Read More
The housing levy, a mandatory contribution for both employees and employers at a rate of 1.5%, has become effective following the lifting of the suspension of the Finance Bill 2023 by the courts. As of this August, it's required for both employees and employers to be well-versed in the process... Read More
Introduction
As a leading HR and Payroll tech company, we strive to keep you informed about significant changes that may impact your payroll processes. Recently, the Kenyan government presented the Finance Bill 2023 with several tax adjustments, and we have some crucial updates to share regarding the Housing Levy. This... Read More
Nairobi, 3rd July 2023 – Over the past few decades, ghost workers have proven a thorn in private and public institutions, costing firms and government bodies billions, as they lack proper management systems to track the enrollment and payment of casual workers.
This has prompted FaidiHR, a leading... Read More
The Finance Bill 2023 was signed into law by the President four days ago. It has significant implications for the country's economy and taxpayers. This bill proposed various tax increases and the introduction of new taxes aimed at bolstering revenue generation and funding crucial government initiatives. In this article, we... Read More
Introduction
Filing tax returns is an essential obligation for individuals and businesses in Kenya. Thanks to technological advancements, the Kenya Revenue Authority (KRA) provides the iTax platform, a convenient and efficient way to file tax returns online.
The iTax filing system is specifically created to accommodate different types of KRA... Read More
Introduction
As technology continues to advance at a rapid pace, the world of HR and payroll software is evolving alongside it. The days of manual paperwork and time-consuming processes are being replaced by innovative solutions that leverage emerging trends and technologies. In this blog post, we will explore... Read More
In today's fast-paced and technology-driven world, Human Resources (HR) departments play a crucial role in the success of organizations. The advent of HR technology has transformed traditional HR practices, enabling HR professionals to streamline operations, improve efficiency, and elevate employee experiences.
Below are some of the significance of HR technology... Read More
On May 1st, President William Ruto announced changes to the National Health Insurance Fund (NHIF) contributions that would affect salaried and informal workers in the country. The changes propose that top salaried workers will have to pay higher contributions while informal contributors will enjoy lower rates.
Currently, salaried workers in... Read More
FaidiHR is a leading HR software provider, that has taken an important step forward in the journey toward sustainability with the introduction of our Green Payroll system. This innovative solution enables businesses to reduce their carbon emissions associated with payroll processing. It does this by eliminating the... Read More
We're excited to announce our strategic partnership with Softlink Options Limited, a reputable Kenyan-based company with over 15 years of experience in providing professional web services. Through this partnership, Softlink's clients will now be able to access FaidiHR's powerful HR solutions platform at discounted rates across the East... Read More
Exciting news to our extensive community! FaidiHR has teamed up with Lipa Later, a lending platform that empowers you to Buy Now Pay Later (BNPL) for essential products and services. This means you can make purchases without having to pay the full amount upfront, giving you the flexibility... Read More
FaidiHR, our cutting-edge HRTech startup, has been selected to the prestigious YASR30 2023 List by the Yale Africa Startup Review. The announcement of this achievement was made on March 30, 2023, on various social media platforms. Our startup has been recognized for its innovative solutions and its unique African story,... Read More
The field of HR Technology has undergone tremendous advancements in recent years, with new innovations transforming the way businesses operate. While the adoption of remote work and hybrid workforces has been the most talked-about trend, the latest buzz in HRTech is AI-powered recruitment. AI-powered recruitment is fast becoming the go-to... Read More
With the COVID-19 pandemic forcing many companies to adopt remote work policies, the issue of managing a remote workforce became increasingly important. Most companies have still not fully transitioned to working from the office despite the COVID-19 pandemic coming to a halt. In this blog post, we will discuss the... Read More
Following the implementation of the NSSF Act 2013 (Act 45 of 2013 Laws of Kenya) the format of the returns to be submitted to NSSF have been changed to enable Employers and NSSF capture more details of the wider variety of Pension Contributions. The new file will be submitted in... Read More
Kenya Revenue Authority (KRA) has suspended all tax relief payments with effect from 28th February 2023 until further notice, as they aim to enhance the processes related to the payment of tax refunds, exemptions, waivers, and abandonments. In a statement released by KRA, it stated that this move follows concerns... Read More
Human Resource Technology (HRTech) systems are designed to streamline HR processes, increase efficiency, and improve compliance with labour laws. In Kenya, where labour laws are complex and constantly evolving, using a HRTech system is becoming increasingly important for businesses of all sizes. FaidiHR, a cloud-based people's operations platform, is one... Read More
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Kenya's National Social Security Fund (NSSF) has announced new contribution rates that were agreed upon by the State agency’s board of trustees and the Federation of Kenya Employers (FKE) following a Court of Appeal ruling on February 3, 2023. The new rates, which are set to take effect from the... Read More
Kenya's National Social Security Fund (NSSF) has announced new contribution rates that were agreed upon by the State agency’s board of trustees and the Federation of Kenya Employers (FKE) following a Court of Appeal ruling on February 3, 2023. The new rates, which are set to take effect from the... Read More
FaidiHR is pleased to announce that we will be one of the only three Kenyan companies selected to pitch at the 5th Annual Africa Tech Summit happening in Nairobi on February 15th-16th at the Sarit Expo Centre. The other two companies selected are real estate platform Kiotapay and health... Read More
Introduction
FaidiHR, in a bid to keep innovating and changing how employees are managed, recently introduced a new feature known as Faidi Loans. This is a loan facility that enables employees to borrow loans from their employers at low interest rates and using their salaries as security. This innovative loan... Read More
Introduction
Human Resource Technology, also known as HR Tech, refers to the use of software and technology to manage and support various HR functions within an organization. For small businesses, HR Tech can provide a wide range of benefits, from streamlining HR processes to improving employee engagement and retention.
Introduction
The Covid-19 Pandemic hit the economy harder than anticipated. Analysts had forecast that the world economy would have recovered by now but that has not been the case. While a few sectors of the economy have been on an upward trajectory post-pandemic, other critical areas have been spiraling downhill.... Read More
The NHIF Amendment Act, 2022 which became law in January introduced a requirement for employers to match the NHIF contributions of their workers while not deducting the cash from their employees’ remuneration. This would have generated an additional 31 Billion for the National Health Insurance Fund which reported... Read More
President Ruto’s campaign was anchored on the promise of a new fiscal order that would address unemployment and lack of opportunities for youth. It is in this regard that affirmative actions such as the highly anticipated Hustler Fund came about. Ruto’s Kenya Kwanza coalition pledged to enable access... Read More
Days after President William Ruto pushed for lower interest rates on mobile loans, leading to Safaricom cutting Fuliza charges, the giant telco is looking to implement a risk-based lending Model for its M-Shwari service. Safaricom partnered with NCBA in 2012 to launch M-Shwari, a savings and loan service... Read More
Kenya has been spotlighted as one of Africa's best technologically advanced countries behind South Africa, Egypt & Nigeria. International tech companies looking to set up shops in Africa have been continually drawn to Nairobi, the country's business-friendly capital. Kenya’s ICT blueprints and mandates have continuously been flattering to... Read More
Commencing 1st of October, all customers will enjoy Fuliza free of the daily maintenance fee for transactions below Ksh 1000 and if repaid within 3 days. Additionally, the daily maintenance fee has been reduced by upto 40%.
In a meeting held at the Norfolk hotel on... Read More
Regime change is always inevitable for any democracy. Rarely, do things remain static. The likelihood of policy shifts and new appointments has been looming over the head of Kenyans this month. The new president, in a bid to encourage a saving culture among netizens, had suggested an increase... Read More
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The standard package is being rolled out into the market at the time a report by Public Policy Research and Analysis (KIPPRA) shows 7.4 million SMEs are struggling to manage human resources.
This Free offer applies to businesses with 5 employees or less. The package will include features... Read More
For a long time, Kenya has been East Africa’s Tech Hub. Kenya is referred to as Africa’s ‘Silicon Savannah’. This can be greatly attributed to the rapid development of large-scale telecommunications infrastructure, growth of mobile money, and a thriving economy, about a decade ago. This telecommunication infrastructure, spearheaded by Safaricom,... Read More
The High Court has found a petition against HELB to be merited and issued several declarations. Advocate Ben Njeru and other petitioners had moved to court to decry the punitive charges by The Higher Education Loans Board.
Higher Education Loans Board, as enacted under the HELB Act in 1995, was... Read More
Kenyan startup Crew HR & Payroll has rebranded to FaidiHR after it received an undisclosed amount of funding from SprintX, a US based Venture Capitalist (VC) for early... Read More
A report released by the Kenya National Bureau of Statistics on the 30th of June, revealed that inflation had risen from 7.1% in May to 7.9% in June. This is the highest it has gone in five years. This 2022 1st Quarter Gross Domestic Product (GDP) and Balance of... Read More
Human Resources is the fabric that holds any organization together. It has a great impact on the company’s bottom line because it is responsible for recruiting, managing benefits & payroll, building company culture, and keeping employees engaged among other things. These are intensive processes that shape the overall outlook of... Read More
The Head of State failed to sign the ICT Practitioners Bill into law despite it being passed by the House last week. The president on Tuesday, 21st of June, had been presented with several bills for signing. He sent the ICT Bill back to parliament alongside the Higher Education Loans... Read More
What are tax returns?
Tax returns refer to a declaration of income earned by an individual, business or company within a particular financial period. This statement is used by tax authorities to assess liability for tax.
Who is obligated to file tax returns in Kenya?
Every registered taxpayer in... Read More
Starting a business as a youth in Kenya should be included in a thousand ways to die. This i say having had started and operated a tech company in Kenya.
Megashift started with the aim of building custom cloud solutions for small and medium enterprises
in Kenya and have since... Read More
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President Uhuru Kenyatta signed five parliamentary bills into law on the 4th of April 2022. One of them was The 2019 Employment (Amendment) Bill which was unanimously passed by parliament on November 10th, 2021. Additional bills signed by the President include the 2021 Copyright (Amendment) Bill, the 2020 Deposit... Read More
“Luck is a dividend of sweat. The more you sweat, the luckier you get.” - Ray Kroc
We all dream of our first job. We hardly think of the challenges that might come in the way of getting that first job though. The news that it is harder than ever... Read More
Employee goal setting is the process of setting specific, measurable, and role-oriented objectives that employees work towards while at your company. They take into account the employee’s personal growth targets, requirements of their future desired role, and resource availability.
The idea is to use these goals to measure performance throughout... Read More
LinkedIn is the world’s largest professional network. With limited time and resources, small businesses need to be as efficient as possible during the recruiting process. They are competing for the same top talent with established companies that have larger budgets. Small businesses therefore need to be intentional and tactful... Read More
A leader is one who knows the way, goes the way, and shows the way – John C Maxwell. Great leaders don’t tell you what to do. They show you how it’s done.
Being a leader isn't a bed of roses; if it were, everybody would be one. The truth... Read More
A recent survey found out that one in five HR professionals do not feel that their job is appreciated in their company.
The main reason is that HR has been relegated as compared to other departments such as sales. The notion is that the HR department is not profit-generating... Read More
Company values refer to an organization’s overall appeal, approach, or attitude to its bigger mission and vision. These values form one of the most vital parts of an organization's culture.
It is good practice to introduce new employees to your company culture. However, word of mouth is hardly impactful, the... Read More
?What is Human Resources?
Human resources simply put is human capital, the expertise, abilities and skills that the individuals command. It refers to the people who make up a company's workforce and help achieve organizational goals. and are hence important assets to a company. Human resources also mean the department... Read More
Running payroll in Kenya means considering employees’ allowances, statutory deductions, and the number of days one has worked.
The Kenyan Employment Act mandates employers to pay statutory fees to the relevant government bodies. Failure to remit these statutory deductions on time warrants a penalty such as a fine.
These are... Read More
Payroll processing is an important aspect of each organization. It can be tiresome, time-consuming and a costly affair. It, therefore, needs to be done correctly. Businesses need to adopt ways to make this process more accurate and efficient. Purchasing a good payroll software is the best investment any company... Read More
Employers in Kenya are required by law to withhold income tax and social security contributions from their employees’ salaries as part of the payroll process. These contributions are collected via the Pay As You Earn (PAYE) system, and then submitted to the Kenya Revenue Authority on a monthly basis.
Employers... Read More
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What is payroll?
Payroll can be defined as the process of providing reparations to employees for the work they do on behalf of their respective companies. It is the total of all compensation an employer must pay to their employees for a set period or on a specified date.
Why... Read More
Respect is a feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements. Respect at the workplace refers to treating people with appreciation and dignity. It is one of the most important aspects of the workplace because it creates a healthy work environment for the... Read More
When you have a position open in your company, you want to fill it as soon as possible with the best talent you can get. You need to look beyond the hard skills of each candidate. Hard skills refer to the technical know-how for a particular job. Soft skills are... Read More
A stellar team player simply refers to an outstanding/exemplary teammate. So how do you ensure you are the person your fellow employees would prefer to be teamed up with? How do you kill it at work?
Constantly improve yourself
I like a quote that says, in this life, you are... Read More
For the longest time, official wear to the office was never an issue for debate. It was ingrained in our work culture. We all knew we had to go to work in official wear unless stated otherwise. However, like everything else, with the constant evolution of the world, work culture... Read More
Internships are amazing opportunities for both companies and interns, but it’s prevalent for organizations to hire interns with little forethought. Some companies hire interns just to get more bodies on a project or to avoid employing a full-time employee. However, not only are internships important to students but they also... Read More
‘People don’t quit jobs, they quit managers.’ Thousands of employees revealed that poor leadership was reason enough for them to quit a job. What’s more, mental health and productivity deteriorate significantly as a result of a poor manager.
Are you or do you have a bad manager?
Knowing how... Read More
The pandemic has interfered with our day-to-day life as well as the outlook for people and businesses. It's not just our physical health that's at risk. Our mental health has also taken a toll, with the economic uncertainty, sporadic lockdowns and shift to remote working. As a result, employees the... Read More
Team building is a very important aspect of employee management. Teams comprising of people who are free and know each other well are more likely to deliver better results. A successful team building event is one that seeks to achieve particular set out goals while breaking the monotony of work.
... Read More
Talent management refers to the anticipation of required human capital for an organization and the planning to meet those needs. It involves attracting and retaining high-quality employees, developing their skills, and continuously motivating them to improve their performance.
Talent management consists of... Read More
It’s way past mid-January. You probably already set out your new year’s resolutions. I’m sure your list, just like many of ours, didn’t miss the ‘Save more money’ line. Don’t we all desperately wish the spirit of saving could find and attack us?
Today however I want to police your... Read More
Hiring is a very important aspect for any business whether big or small. Small businesses however need to be extremely cautious when hiring. This is because employees can either break or build the company. For small businesses which operate with a total of 5-20 employees, one employee’s failure can derail... Read More
Hiring is a very important aspect for any business whether big or small. Small businesses however need to be extremely cautious when hiring. This is because employees can either break or build the company. For small businesses which operate with a total of 5-20 employees, one employee’s failure can derail... Read More
We’ve all heard the saying that there is no such thing as bad publicity. But is it so really? The presumption that bad publicity cannot cause damage is debatable. In today’s world, you need to be politically correct on so many levels. Gen Z and millennials on the internet don’t... Read More
There exists a thin line between keeping your employees happy and keeping them productive. One might even refer to it as a dicey balance. The pandemic brought with it several disruptions; most of which were negative. But we have to agree that it pushed us out of normalcy at the... Read More
What is diversity at the work place?
Diversity within a workplace refers to significant differences such as race, gender, ethnicity, age, religion, sexual orientation, citizenship status and military service, mental and physical conditions between people. A diverse workplace will encourage employees to be comfortable being their truest selves. This will... Read More
It’s not all roses at the workplace. Negativity can result in a toxic work environment for all employees leading to reduced productivity.
What is workplace negativity?
Negativity refers to an expression of criticism or pessimism about a situation or something. Workplace negativity can be a big hindrance to the... Read More
Let us debunk the myth that employee benefits will cost you, the employer, an arm and a leg. You don’t have to match up to the benefits well established companies, with greater financial muscle are offering their employees. It’s not just about money when it comes to offering great employee... Read More
Ever stumbled across a job title, got really excited, and then felt the enthusiasm and energy drain out as you read through the requirements? Well, not anymore!
Good news for job applicants after the National Assembly unanimously passed a bill against conditions that all job seekers must provide clearance certificates... Read More
Team meetings are crucial for every business. Through these meetings, employees understand what’s going on with the company and what goals they need to attain, for the company to achieve its mission. It is also a time where team members can share their concerns, ideas, ask questions, get important information,... Read More
More often than not, we always think that the talent acquisition process is one hard task. Flipping through several CVs, interviewing a number of people for the role, shortlisting and then finally deciding who to hire; it all sounds like too much work. One vital thing organizations forget is that... Read More
The political noise is far too loud to be ignored at such a time. It is officially that season when the air is pregnant with political heat in Kenya. Political rivals are dragging each other in murky waters to see who will win the masses. Our seasoned politicians are promising... Read More
What is a creative rut?
A creative rut is a state of feeling bored, frustrated and lacking new stellar ideas. It is when your creativity takes a nose dive. This is often the result of not being stretched or challenged. Frankly speaking, all of us have been there.
Creativity goes... Read More
To pay or not to pay interns? This has been a bone of contention; a debate that has been going on for ages. Both parties in this debate usually present very strong defending points; perhaps this is why the debate has never been settled. The referee keeps waving play on.
... Read More
Human resources (HR) departments are the fabric that hold any business together; it is its lifeline. A company is only as strong as its HR department. Their prosperity will trickle down to create a streamlined and organized process, helping the business long-term. The HR department can either build or break... Read More
Every Kenyan above the age of 18 will now be required to make an annual compulsory contribution of Sh6,000 to the National Hospital Insurance Fund (NHIF) following a bill passed by parliament last week. The recent bill that was passed came as part of the government’s plan to reposition the... Read More
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Payroll is the list of employees entitled to a certain pay from a business or company. It is a company’s employee’s financial records; the distribution of their paychecks. Managing payroll involves factoring out state payroll taxes and calculating employee earnings among other functions.
Manually generating payroll can be an uphill... Read More
Before Covid rocked our world, the unemployment rate in Kenya stood at 2.64% and this became worse after covid to 2.65% in 2020.
Higher unemployment rate means for every job vacancy announced by a company the number of applications expected are way higher than normal to the tune of thousands.... Read More
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When I resigned from my day job as a software engineer back in the year 2018 and founded Megashift Technologies, working from home was a thing only associated with freelance developers and the so called online writers. In fact, I remember one time having a hard time explaining to one... Read More
Filing of returns is not a new concept. Since 1992, every individual with a PIN has been required to file their income tax returns for every year of income by 30th June of the following year. This is a statutory requirement that if not met will attract penalties. Filing of... Read More
President Uhuru Kenyatta has today signed into law the Employment (Amendment) Bill of 2019 and Business Laws (Amendment) Bill of 2021.
On March 30th President Uhuru Kenyatta signed into law the Employment (Amendment) Bill of 2019 and Business Laws (Amendment) Bill of 2021.
The new Employment (Amendment) Act, 2019 amends... Read More