Silver-Dean Co.Limited

**Understanding the Impact of the Social Health Insurance Fund (SHIF) on Kenyan Businesses and Workers** What is the Social Health Insurance Fund (SHIF)? The **Social Health Insurance Fund (SHIF)** is a government-mandated initiative aimed at providing universal health coverage (UHC) to all Kenyans. Its main objective is to ensure that every citizen, regardless of their financial situation, has access to affordable, quality healthcare services. SHIF replaces the National Hospital Insurance Fund (NHIF), which previously served as the primary healthcare financing mechanism for Kenyans. Under SHIF, contributions are made by both employees and employers, creating a pooled fund that covers medical expenses for individuals and their dependents. This fund will be instrumental in reducing the financial burden of healthcare on households, allowing Kenyans to receive medical attention without fear of overwhelming costs. How Will SHIF Affect Businesses? For businesses in Kenya, SHIF represents both a challenge and an opportunity. Here are some of the key impacts: 1. **Increased Compliance and Contributions** 2. **Improved Employee Health and Productivity** - Access to healthcare means that employees are more likely to receive timely medical attention, reducing absenteeism and improving overall productivity. How Should Employers Prepare? Employers must begin to assess the implications of SHIF on their operations. Some practical steps to take include: 1. **Understand the New Regulations**: Stay informed about the requirements of SHIF, including the contribution rates and timelines. Ensure that your HR and payroll systems are updated to accommodate these changes. 2. **Communicate with Employees**: Employees may have questions about how SHIF will affect their take-home pay and benefits. Open, transparent communication will help foster trust and ensure that everyone understands the benefits of the new system. 3. **Consider Outsourcing**: As regulations become more complex, outsourcing employee management can offer significant benefits. By partnering with HR firms like **Silverdean Corporation**, businesses can reduce the burden of compliance and ensure seamless integration of SHIF contributions into their operations. Conclusion The introduction of the Social Health Insurance Fund (SHIF) is a major step forward in improving healthcare access in Kenya. While it introduces new regulatory demands for businesses, it also offers opportunities to enhance employee welfare and productivity. For businesses partnered with **Silverdean Corporation** as their HR provider, navigating SHIF will be a breeze. We will handle all compliance requirements and even conduct information seminars for your employees to ensure they fully understand the benefits and details of SHIF. By letting us manage these complexities, you can stay focused on your business while we take care of the rest.

#Hiring We are looking for people to work as Customer Service Executives. Should have Diploma or degree in any field. Should be someone who knows the geography of DRC,Congo to a reasonable extent. Should be able to speak French and DRC swahili. Should be based in Kenya. Should be computer literate. Should be able to express themselves both verbally and in written form. If you meet the above requirements, send your applications to [email protected] by 12th March 2024.

We are hiring a Finance Assistant. Requirements; Bachelors degree in Finance and Accounting Proven Experience of 1-2 years on the role Should have done CPA Level 3 or 4 If interested send applications to [email protected] by 30th November 2023.

The end-year festive season is almost upon us, and as an employee in any organization; one of your new year’s resolutions may be to start off with that promotion you have been eyeing in the bag.   Ready to elevate your career? Let's take you through a classic strategy that can help you achieve this, “the career mapping promotion triangle. “   1.   Level up your skills. Invest time in continuous learning. Stay updated on relevant industry trends and acquire new skills relevant to your field. The more you enhance your expertise, the stronger your foundation for career growth becomes. 2.   Boost your visibility. Showcase your achievement and contributions. Toot your own horn (within moderation of course). You are your biggest champion. Utilize platforms, presentations, or even social media to ensure that your accomplishments are being seen by the right people.   3.   Cultivate meaningful relationships. Network strategically. Build genuine connections with colleagues, mentors, and industry professionals. A strong professional network is key to enhancing your overall career trajectory by providing guidance and opening doors of opportunity.

The society of Human Resources Management recently shared an article on the value of developing a habit of delivering frequent but informal feedback. At Silver-Dean, we believe this practice can greatly benefit your relationships and work environment,if done correctly . Here are some steps to help you cultivate this habit: 1. **Set Clear Intentions**: Understand why you want to provide frequent feedback. Is it to improve communication, boost morale, or enhance performance? Clarifying your intentions will guide your approach. 2. **Choose the Right Timing**: Look for natural opportunities to offer feedback. It could be during a casual conversation, after a meeting, or in the moment when you observe something noteworthy. 3. **Be Specific**: When providing feedback, be specific about what you're addressing. Mention the particular behavior, action, or situation you're commenting on. 4. **Focus on the Positive**: Ensure that your feedback is constructive and includes positive aspects. Acknowledge what's going well before suggesting improvements. 5. **Use "I" Statements**: Frame your feedback using "I" statements to make it less confrontational. For example, say, "I noticed that when you do X, it has a positive impact because..." instead of "You should do X." 6. **Be Timely**: The closer the feedback is to the observed behavior, the more effective it is. Don't let too much time pass before providing your input. 7. **Balance Informal and Formal Feedback**: While informal feedback is valuable, don't neglect more structured, formal feedback sessions. Both have their place in personal and professional growth. 8. **Listen Actively**: Encourage a two-way conversation. Allow the recipient to share their perspective, ask questions, and seek clarification. 9. **Adapt to Individual Preferences**: Understand how each person you interact with prefers to receive feedback. Some may prefer more informal, casual discussions, while others might want a structured feedback session. 10. **Practice Empathy**: Put yourself in the shoes of the person receiving feedback. Consider how your words and tone might be perceived. 11. **Follow Up**: After providing feedback, follow up to see if any changes have been made or if further discussion is needed. 12. **Reflect and Adjust**: Regularly reflect on your feedback approach and make adjustments as necessary. Not all feedback will land perfectly, so learning and adapting is crucial. Remember that the goal of frequent informal feedback is to create a culture of open communication and growth. By consistently practicing this habit, you can foster better relationships and improve performance in various areas of your life. #hrpartner #humanresourceservicesinKenya #SilverDean