Employees to receive more bonuses this year
A majority of employers in Singapore said that they will give bonuses of one month or more to their employees. This is according to ManpowerGroup’s Employment Outlook Survey, published on January 5, 2023. Of the 510 employers surveyed by the study, 88% said that they plan to award bonuses equivalent to one month or more […]
Hiring boom seen for financials and real estate
Posting a strong employment outlook of +57%, the financials and real estate sector may soon see a hiring boom, according to a report from ManpowerGroup. The Lion City is no exception to the global trend of strong hiring confidence for the sector. Meanwhile, the local energies and utilities sector might see a similar boom, as […]
Days numbered for sick leave incentive schemes in Singapore
Companies that have schemes that incentivize employees from not using sick leaves may face enforcement soon, according to the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP). “Tripartite partners recognise that incentive schemes that consider statutory sick leave utilisation are not in the best interest of employees and the workplace,” the TAFEP said in […]
Singapore resident workforce shows growth for 2022
The Singaporean government says the resident labour force continued its positive trend in 2022, with employment rates rising for a second consecutive year. The Minister of Manpower (MOM) annual report on Labour Force Status found that the employment rate in the city-state has risen, so have incomes, and there are now a higher number of […]
Carousell cuts 110 staff as tech industry reckoning widens
Singapore-based online marketplace Carousell has joined a slew of major tech companies in retrenching a considerable number of their staff. The firm’s CEO Quek Siu Riu said it will cut 110 jobs, or 10% of its total headcount. In the email, also posted on the group’s portal, Quek apologised for the “critical mistakes” that had […]
WSG launches new career conversion programme
The launch of a new career conversion programme (CCP) will help 200 workers to reskill and take on business functions, including sustainability reporting and implementation or development of carbon projects. Workforce Singapore (WSG) announced the launch of the CCP early this month at Eunoia Junior College. Deputy Prime Minister Heng See Keat spearheaded the launch. […]
Singapore to provide more upskilling opportunities for employees
Deputy Prime Minister Lawrence Wong announced that the government is studying how to provide more opportunities for Singaporeans to upskill. These upskilling opportunities will allow employees to continue transitioning throughout their careers and keep up-to-date with new technologies or trends. At a youth forum organised by Channel News Asia, Wong said that creating an environment […]
Manpower shortage looms over Singapore retail industry
Nine in 10 Singapore retail employees agree that there is a manpower shortage in the city-state, the National Trade Union Council (NTUC) Learning Hub’s Industry Insight Report 2022 in Retail has found. The report based on a survey of 200 retail employees in Singapore and interviews with industry experts also revealed that retailers need to […]
Flash Coffee lays off employees in Singapore and Indonesia
Retail coffee chain Flash Coffee has reportedly cut jobs in Singapore and Indonesia. Flash Coffee Indonesia’s ex Head of PR and Communications, Randy Salim said the layoffs were due to “region-wide (reorganisation) and ongoing financial efforts”. The coffee chain opened more than 200 stores since its launch in 2020 and employed over 1,000 staff. In […]
Inflation causing retention headaches for Singapore businesses
A new survey by recruitment firm Robert Walters has found that over 78% of employees in Singapore would consider changing jobs if their pay was not rising as quickly as the inflation rate. The survey asked over 300 candidates and 105 companies in Singapore regarding their main expectations about salaries, career changes and staff retention […]
