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Deutsche Bank to Undergo Massive Layoffs, 18,000 Jobs Will Go

REUTERS – Deutsche Bank laid off staff from Sydney to New York on Monday as it began to slash 18,000 jobs in a 7.4 billion euro ($8.3 billion) “reinvention” that will lead to yet another annual loss, a plan that knocked its already battered shares. Germany’s largest lender said on Sunday it will scrap its […]

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July 12, 20199:12 am
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Female Employers Doing Their Part for NSMen: Interview with Sylvia Koh, Chief People Officer of CrimsonLogic

Around the age of 18, every male citizen of Singapore is required to enroll into National Service (NS) and serves a two-year military training period in the uniformed services. Under the Enlistment Act, an employee may not be dismissed on account of being called up for NS duties, meaning that employers are required to grant […]

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July 11, 201911:42 am
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Majority Workers in APAC Feel Unprepared for Future Jobs

Approximately seven in ten workers across the Asia-Pacific region (APAC) are concerned they’re unprepared for the jobs of the future, according to a new study by Skillsoft, a global leader in corporate learning. Based on a comprehensive Vanson Bourne study of 2,500 employees across Australia, New Zealand, Singapore and Malaysia about their readiness for the […]

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July 9, 20199:37 am
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11 Ways Blockchain Revolutionizes HR Management

Most people would easily associate the term ‘blockchain’ with cryptocurrency, but it is no longer confined solely to the digital currency. In fact, the technology has immense potentials in changing the ways the Human Resources operate. Blockchain technology has been widely adopted and implemented by various companies on a global scale across industries. Its capabilities are being studied and extended to […]

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July 9, 20199:00 am
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Widening Pay Gap Between Senior and Entry-Level Staff Globally: Report

The pay gap between lower-level employees and senior managers has grown in every region of the world since 2008, according to a new study published by Korn Ferry. The study, which draws on data from Korn Ferry’s world-class pay database, shows the pay gap increasing in 77 percent of 58 countries in the analysis. Eight […]

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July 8, 20199:36 am
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3 in 5 Business Leaders Found Hiring Candidates Using HR Tech Gives Greater ROI

At a time when technology is making strides in all spheres, employees still seem hesitant adopting the new and savvy ways of working. This resistance from employees (31 percent) remains the biggest barrier in adopting technology for HR processes revealed a TimesJobs survey on ‘Decoding the impact of Tech in HR’. The survey was conducted among 1,380 HR leaders […]

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July 7, 20199:45 am
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Family Businesses Ready to Face Challenges Amidst Digital Disruption

Family businesses tend to lean towards a long-term view rooted in shared values, vision and culture, which can help them maintain family control over years. However, family ownership, by itself, doesn’t guarantee a business’s longevity. This is according to Deloitte’s new survey, Global family business survey 2019: Long-term goals meet short-term drive, released today. In […]

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July 6, 20199:12 am
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20 Million Jobs Will be Lost to Automation by 2030: Study

Robots are taking over human’s roles in manufacturing industry, risking up to 20 million jobs lost by the next decade. This is the finding of recent study by Oxford Economics, a UK-based research firm. According to the report, the displacement of jobs by robots will not be evenly spread around the world, or within countries. […]

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July 3, 20199:48 am
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A Pain in the Neck? Research Reveals 1 in 2 Singaporeans are Living with Long-term Pain

A recent survey by Singapore’s leading physiotherapy group Core Concepts finds that almost half (49 percent) of Singaporeans experiencing pain have lived with it for more than six months. Alarmingly, 92 percent of the respondents agree that long-term pain interferes with various aspects of their daily lives and causes a negative impact on the quality […]

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July 2, 20199:11 am
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Lonely at the Top: Leaders in Asia Feel Isolated and Alienated from the Rest of the World

It might sound cliché to say it’s lonely at the top, but in the case of senior executives, it appears to be true. As business leaders grapple with an increasingly diverse set of issues, ranging from rising protectionism to the threats and opportunities created by digitisation, many find themselves with limited options on who they can turn […]

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July 1, 201910:38 am