Singapore will gradually raise its retirement age by three years to 65, Prime Minister Lee Hsien Loong said on Sunday (Aug 18). The retirement age will rise to 63 in 2022 from the current retirement age of 62 and to 65 by 2030, Reuters reports. Singapore, which has the longest life expectancy at birth in […]
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Singapore’s National servicemen (NSFs) can expect more support and resources to help them prepare for employment or further studies after the completion of their National Service (NS), Channel News Asia reports. More than 4,000 NSFs attended the Enhanced Career and Education Fair (ECEF) held at Suntec City Convention Centre. The quarterly fair is held as NSFs approach their […]
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Even before an employee at DBS Bank signals his intention to quit, the bank’s human resource system would already know, Straits Times reports. Its predictive algorithm analyses as many as 600 data points – from absenteeism, salary increases and rate of promotion to the birth of a child and training modules attended. And it does […]
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A clear majority of employers in Singapore are eager to employ an overseas returnee in the coming year, and they cite ‘cross-cultural awareness’ to be the top benefit that returnee talent can bring to the table. These are few of the key findings in the 2019 Hays Overseas Returnee Report, which highlights overseas returnee recruiting […]
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Generally speaking, most people find the idea of workers being replaced by robots or software worse than if the jobs are taken over by other workers. But when their own jobs are at stake, people would rather prefer to be replaced by robots than by another employee. That is the conclusion of a study by […]
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As businesses across Asia continue to grow and thrive, employers are focusing on improving employee experience. For many, it is a differentiator to attract and retain top talent, whilst enhancing the overall productivity of the workforce. Businesses that have led the way in improving the employee experience are already seeing the fruits of their labour. […]
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Despite the willingness of overseas returnees to earn a salary equivalent to what they were earning abroad or even take a pay cut, employers in Singapore say that their biggest hurdle in securing this group of talent is a mismatch in salary expectations. These are a few of the key findings from the recently launched […]
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The talent market is getting tighter each day. With the growing skills gap, finding the right people to do the right job has become even tougher than ever before. Thanks to the rapid advancement of digital technology, now you can find potential talents without having to sweat about geographical borders. The gig economy is on […]
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Skills shortages could be holding back business growth as there aren’t enough available professionals with the right skills to fill vacant roles, says recruiting experts Hays. Singapore businesses are experiencing a shortage of staff for key roles, which could mean they are failing to run to their full potential. Skills shortage can also have an […]
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