Microsoft invests in HR technology provider Darwinbox
Microsoft Asia has made an equity investment in HR technology unicorn Darwinbox. Darwinbox’s Human Capital Management (HCM) software-as-a-service platform operates on the cloud. It is used by more than 700 enterprises worldwide, covering more than two million employees. The mobile-first platform already integrates Microsoft’s Office 365 and Dynamics platforms in HR transactions and experiences. Microsoft’s […]
Singaporeans in search of higher salary due to inflation
Rising living costs will push 48.95% of Singaporeans to ask for a pay raise, according to a survey by Indeed. Meanwhile 47.25% of employees will search for a higher paying job in 2023, the survey found. “Inflation is clearly a worry for most workers, and our research suggests they will push for higher compensation, with […]
Permanent hires outpace part-time positions in Singapore
Seventy-nine percent of new hires in the last six months were for permanent, full time positions, while 9% of full-time employees were laid off during the same period, according to the latest data from Jobstreet by SEEK. The report, “2022-2023 Outlook Hiring, Compensations & Benefits” was based on data from hiring personnel from 438 companies […]
Law amended to prevent abuse of SkillsFuture funding
SINGAPORE: Parliament has passed a law to deal with the abuse of SkillsFuture funding, including false or misleading advertisements about Government-funded courses. The amendment to the SkillsFuture Singapore Agency and Skills Development Levy Bills now provides that entering into or facilitating an abusive funding arrangement is now an offense. The definition of an abusive funding […]
205 Singapore companies closed down last year
Approximately 205 companies had to shut down in 2022, according to the latest data from the Ministry of Law. The High Court received 238 winding up petition from January to November 2022, compared to 260 applications in 2021. However, the total number of wind-ups in 2022 was higher, compared to the 191 and 201 shut […]
Andrew Tan: HR at the business core yields better performance
Its group managing director, Andrew Tan, treats HR as the core of the business. In the second of a four-part interview, Tan revealed to Chief of Staff Asia the IT firm’s HR priorities and his aspirations for its people. COS Asia: Why is HR your priority as the Group Managing Director? Tan: We should never […]
SEA employees comfortable talking about mental health
Three in five employees in Southeast Asia are comfortable with talking to their higher ups about their mental health and wellness, a survey found. According to the Mental Health At The Workplace study conducted by Calm Collective Asia and Milieu Insight, 62% of Southeast Asian employees are comfortable with sharing with their supervisors, managers, and […]
Andrew Tan invests in Silverlake Axis’ people profitably
“Employee satisfaction always powers a company’s performance, and no company has ever gone broke by caring about their staff too much,” says Andrew Tan, group managing director of Silverlake Axis (SAL). True enough, the Singapore Exchange-listed IT company recorded 2022 as its best financial year, with its strongest-ever revenue worth MYR736.5 million (SGD225.7 million), 18% […]
Workers clamp up on mental health for fear of discrimination
Sixty-two percent of Singaporeans are afraid to speak to their superiors about mental health for fear of being discriminated against, a survey has found. The Mental Health At The Workplace study, conducted by local social enterprise Calm Collective Asia, found that Singaporean employees were uncomfortable talking to their supervisors, managers, or other relevant staff about […]
Where do Singaporeans talk about work discrimination?
Forums and Facebook, that’s where Singaporeans discuss workplace discrimination online. Truescope, a firm that looks into in social media analytics, recently published its findings on when, where and how Singaporeans discuss workplace discrimination. “Conversations about workplace discrimination emerged only when there was related news reported on mainstream media. The bulk of conversations often took place […]
