HR Stars Awards: Finalists Revealed for Best Workplace Culture and Environment
Singapore, June 7, 2023 – Finalists has been revealed for the esteemed Best Workplace Culture and Environment category of HR Stars Awards. Amidst stiff competition, the following organisations have emerged as finalists in the Best Workplace Culture and Environment category: Adoent Technology Pte. Ltd., Fujifilm Business Innovation Singapore, ZALORA, and Wee Guan Construction Pte. Ltd. […]
Singapore unveils Jobs Transformation Map for food services sector
Singapore’s food services sector has unveiled a Jobs Transformation Map (JTM), designed to future proof the industry in the face of evolving consumer trends, increasing technology adoption, and a changing workforce. Developed by Enterprise Singapore and Ernst & Young, the JTM was launched on 25 May 2023, with support from Workforce Singapore, SkillsFuture Singapore, and […]
HR Stars Awards: Finalists Revealed for Best Flexible Working Strategies
Singapore, June 6, 2023 – The highly anticipated HR Stars Awards has announced the finalists for the coveted Best Flexible Working Strategies category. This esteemed recognition acknowledges organisations that have demonstrated exceptional dedication to promoting and implementing flexible work practices, accommodating the evolving needs of their employees. Out of a competitive pool of candidates, the […]
Meta’s third global layoff wave threatens Singapore tech jobs
Meta, Facebook’s parent company, has commenced its third worldwide layoff round, risking technology jobs in Singapore. This streamlining effort, dubbed as ‘year of efficiency’, follows a substantial hiring increase during the pandemic. Unfortunately, the return to normality has led to a decrease in e-commerce ad revenue, contributing to job cuts. Previously, Meta axed approximately 11,000 […]
Workers in Singapore find job fulfilment in AI-powered automation
According to a recent survey commissioned by UiPath, a global automation software company, 69% of Singaporean employees believe that AI-powered automation can tackle workplace burnout and enhance job satisfaction. The survey, conducted in March 2023, indicated that 49% of the workforce is already leveraging business automation solutions, ranking second globally. Furthermore, 73% of respondents favour […]
Singapore rental surge: foreign businesses recalibrate strategies
In 2022, Singapore’s private residential rental market saw a steep 29.7 percent year-on-year increase, causing concern among expatriates and foreign businesses. According to the Urban Redevelopment Authority, this marked surge is up from the 9 percent increase observed in 2021. Although 2023 predictions show a deceleration between 10 percent and 15 percent, businesses are feeling […]
Singapore seeks to fill AI skills gap in finance sector
The Monetary Authority of Singapore (MAS) is looking to plug the artificial intelligence (AI) skills shortage in its finance sector. A survey of 131 local financial institutions revealed that 44% viewed a lack of AI and data analytics talent as a major obstacle. In response, MAS has launched an initiative designed to gather demand for […]
Singapore SMEs cutting back on ESG initiatives, study shows
A QBE study has found that fewer Singapore small and medium-sized enterprises (SMEs) are conducting environmental, social, and governance (ESG) initiatives. Despite 76% considering ESG relevant to their business, only 52% are implementing these initiatives annually. The study showed a 7% drop since 2021, with cost named as the main obstacle by 32% of the […]
Lack of compensation strategy is holding employers back: Chief of Staff research
A surprisingly large number of employing organisations in Singapore and the Southeast Asia region are working without a formal compensation strategy. This is according to the latest Chief of Staff Asia research paper, focused on compensation, benefits, and employee health. The report, titled Innovation Rules: How Compensation and Benefits Strategies are Evolving in 2023, was […]
Singapore to implement new safety measures in the workplace
In a major move towards enhancing workplace safety, Singapore’s Senior Minister of State for Manpower, Zaqy Mohamad, announced the introduction of Safety Accountability, Focus, and Empowerment (SAFE) measures during the National Workplace Safety and Health (WSH) Campaign launch 2023. The minister acknowledged the progress made during the Heightened Safety Period (HSP), which saw workplace fatalities […]
