HR & Education
Workers financially unprepared for layoffs amidst rising automation
Workers financially unprepared for layoffs amidst rising automation
About 34% of employees are unable to cover expenses should they get fired.
Corporate boards taking on more women in Singapore
However, it still lags behind the global average of board representation at 19%.
The Power of Investing in Singapore's Talent Pool through Business and Government Partnerships
Is the future of work already here? Automation, artificial intelligence, IoT and other advanced digital technologies – broadly termed the fourth...
M1 cuts staff as company ramps up digitalisation
Employees leaving the company represent 1.6% of the headcount.
Unemployment rate widened to 2.3% in 2019
The ratio of job vacancies to unemployed persons declined to 0.84 in December 2019.
About 56.5 hours lost per employee due to technology-related stress
70% of employees said data-overload led to workplace stress.
Share of women in line management roles declined in 2019
The percentage fell to 38% in 2019 from 45% in 2018.
MOM raises EP minimum qualifying salary to $3,900 per month
The new salary criteria will apply to new EP applicants from 1 May 2020.
Pushing Productivity Boundaries With Processes
I am pretty sure every working individual has at some point thought to themselves, “Do we need to go to that meeting? I’m so busy as it is!”
Temasek to freeze pay, cut bonuses for a year amidst COVID-19
The move, which will start in April, will see the firm halt all raises and salary increases.
Three in five employees expect raise by year-end
Some employers may try to meet the younger generations’ expectations to retain talent.
Nearly half of businesses to give out 3% raises in 2020
But employees stated that salary hikes and compensation will not make them stay.
Salary raise for new hires to climb 5-10% in 2020
Companies are expected to be less receptive to salary negotiation.
Singapore remains top city for East Asian expats
This is its 15th year holding the crown.
Chart of the Day: Services sector layoffs rose to 7,100 in 2019
The yearly figure was boosted by 1,800 retrenchments in Q4.
Chart of the Day: Construction sector retrenchments fell to 800 in 2019
It took up about 7.5% of all layoffs in Singapore.
Chart of the Day: Layoffs in manufacturing sector grew to 2,800 in 2019
All sectors’ retrenchments rose in Q4.
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