A Comprehensive Guide to Kenya’s Transition from NHIF to SHIF: What You Need to Know
WageMaster Blog
by adminatWM
4d ago
Kenya’s healthcare landscape is experiencing a significant transformation with the rollout of the Social Health Insurance Fund (SHIF), also known as the State Health Insurance Fund (SHA). This new system is set to replace the long-established National Hospital Insurance Fund (NHIF) as part of President William Ruto’s ambitious healthcare reform agenda. At its core, this ..read more
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Understanding Payroll as a Service (PaaS)
WageMaster Blog
by adminatWM
4d ago
Managing payroll is one of the most essential yet complex tasks for any organization. From calculating salaries to ensuring tax compliance, it involves meticulous attention to detail. Payroll as a Service (PaaS) has emerged as a transformative solution, offering companies a cloud-based platform to automate and streamline their payroll processes. This article delves deeply into ..read more
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Understanding Payroll: What It Is, How to Prepare, Calculate, and Process It Effectively
WageMaster Blog
by adminatWM
1w ago
Payroll is at the heart of business operations, bridging the gap between employee satisfaction and compliance. Beyond issuing paychecks, payroll is a meticulous process that encompasses financial accuracy, regulatory adherence, and transparent communication. For organizations striving to operate efficiently, mastering payroll is non-negotiable. In this guide, we explore payroll in-depth: what it entails, how to ..read more
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Top 10 Features of Payroll Software in Kenya: The Wagemaster Advantage
WageMaster Blog
by adminatWM
1w ago
Managing payroll effectively can make or break a business’s HR operations. It’s no longer just about crunching numbers—payroll management has evolved into a vital part of compliance, employee satisfaction, and operational efficiency. In Kenya, businesses of all sizes are realizing the importance of investing in reliable payroll software, and Wagemaster is leading the charge with ..read more
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How Faster Payroll Processing in Kenya Benefits Both Employers and Employees
WageMaster Blog
by adminatWM
2w ago
Winning in a competitive business landscape such as today’s case in Kenya means staying ahead and finding smarter ways to manage operations—and payroll is no exception. Managing payroll can often feel like a race against time, especially for growing businesses with diverse teams. That’s where fast payroll software steps in, transforming how employers and employees ..read more
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How To Transition From NHIF from SHIF
WageMaster Blog
by adminatWM
2M ago
Dear Esteemed Customer, You can download a copy of this newsletter from here. For the year ending 2023, the Kenyan Government, in line with its Bottom-Up Economic Transformation Agenda (BETA), introduced Universal Health Coverage which led to various reforms in the health sector such as introduction of Social Health Insurance (SHI) Act 2023, whose cornerstone ..read more
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Everything You Need To Know About Outsourcing Payroll Services in Kenya
WageMaster Blog
by Admin
1y ago
Outsourcing continues to be an integral part of business strategy not only for large corporations but also for small-scale businesses, at least according to a Deloitte 2020 Global Outsourcing Survey. Locally, large corporations whose books of accounts tally in the billions like Safaricom have found the gem in outsourcing certain businesses functions, and the rewards are amazing business-wise. Certainly, outsourcing payroll services in Kenya is part of the strategy that smart businesses have realized and are exploiting to their advantage. In this article, we seek to answer the pressing que ..read more
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Payroll Kenya: Features, Costs, And Benefits To Drive Success In Kenya And Beyond
WageMaster Blog
by adminatWM
1y ago
Payroll processing is an integral part of running any business, big or small. If you want to keep your employees happy and motivated, handling payroll Kenya correctly is a great way to start. That means knowing exactly how much to pay each employee, how much tax and other statutory deductions to make per pay, and how much tax you need to render to the Kenya Revenue Authority (KRA). But that’s not everything. Today, we will explore more about payroll Kenya, the best (and basic) features that a good payroll software must have, the costs, and the benefits of running payroll accurately and timely ..read more
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Best Biometric Time Attendance Software in Kenya: Features, Benefits and How to choose the best for your business
WageMaster Blog
by Admin
1y ago
From all standpoints, having clear visibility in how your employee’s daily attendance and time clocking has to be the goal of every organization. Without this data, it’s practically impossible to accurately calculate payroll and benefits, or even adhere to labor regulations. Obviously, the task of tracking time attendance is not only time-consuming but labor-intensive for all parties concerned- employees and administrators. Consequently, employers are turning to implement the best biometric time attendance software in Kenya to automatically track employee attendance and facilitate accurate pay ..read more
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Best HR Software In Kenya: Features, Benefits and How to choose the best for your business
WageMaster Blog
by Admin
1y ago
It’s no secret you can’t successfully run your Kenya business or organization without taking advantage of the best HR software in Kenya, or at the very least, something in place. Organizations thrive based on among other things the effectiveness of how your human labor is managed. If you want your business to grow and thrive, make your employees happy. And one way of doing that is to make your human resource management system as flawless and efficient as it can be. Gallup reports that companies that manage their workforce efficiently and constantly keep them engaged realize up to 21% improved ..read more
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