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 […]
Singapore outshines Tokyo and Hong Kong in new city ranking
Singapore has clinched the 6th spot globally in the inaugural Brand Finance City Index, a survey measuring perceptions of the world’s top 100 cities. Singapore was recognised for its stellar performance in several areas, including local and remote work, investment, and environmental responsibility. The city-state was commended for its heavy investment in education and its […]
Singapore job market sees increase in real estate and engineering roles
Singapore’s job market is experiencing a rise in demand for real estate roles and civil engineers, according to data from Indeed. Over the past three months, postings for real estate roles grew by 16%, while civil engineering positions saw an increase of 31%. This surge contrasts with the general trend of cooling labour demand, which […]
Social skills boost analyst performance, Singapore study finds
Singapore Management University (SMU) unveiled research on 15 May, 2023, revealing the significant role of social skills on equity analysts’ performance and career advancements. The study, titled “The Effect of Social Skills on Analyst Performance”, was led by Assistant Professor of Accounting An-Ping Lin. Analysing 38,875 analyst-company-year observations from 2014 to 2015, the team found […]
Singapore emerges as global hub for brands and businesses
Singapore is solidifying its position as a global hub for brands and businesses, capitalising on its strategic location, robust intellectual property (IP) regime, and a diverse professional talent pool. With the ASEAN economy expected to become the world’s fourth-largest by 2030, the city-state has become a preferred destination for multinational corporations seeking regional expansion, and […]
Sea Ltd. achieves first quarterly profit after rigorous cost-cutting
Sea Ltd., a major Singapore-based tech company, has reported its first quarterly profit in its 14-year history. This milestone followed a significant strategy shift led by CEO Forrest Li, which saw the company implementing ruthless cost-cutting measures and focusing on profitability. Amid financial pressure, Li initiated a series of changes, including layoffs that affected about […]
Kok Ping Soon reflects on Singapore’s digital transformation
In a unique approach to digital transformation, Singapore’s outgoing Government Technology Agency (GovTech) CEO, Kok Ping Soon, led the ‘Smart Nation Fellows’ programme to attract top tech talent and drive public service innovation. The initiative, launched during Kok’s five-year tenure, saw mid-career technologists from the private sector collaborate with experienced public sector professionals, creating impactful […]
Singapore’s health insurance needs shift in post-COVID era
Singapore’s post-COVID landscape has redefined health insurance needs, focusing on mental health, hybrid working, and inflation. A term coined by Peter Bithos, Head of Seek Asia, “virtual mobility” describes the trend of working remotely, with 60% of Singaporean employees considering a job switch if their employers insisted on full-time on-premise work. The Bupa Global Wellbeing […]
HR Stars Awards: Second part of the judging panel revealed
The anticipation for the inaugural HR Stars Awards continues to build as the final three judges for this year’s event have been revealed. Joining the esteemed panel are HR leader K. Thivenathan, acclaimed author Balli Kaur Jaswal, and accomplished professional Allison Moore. K. Thivenathan, widely known as Thivi in the industry, boasts an impressive career […]
