For most HR leaders and managers, making layoff decisions is the most difficult part of their role. Letting employees go during normal times is tough, but amidst the COVID-19 crisis, the task becomes much more daunting and emotionally overwhelming.
Layoffs do not only affect workers. Business leaders also experience guilt and stress of having to be the one who delivers the news. While your heart goes to the people, you have responsibility to keep the organisation surviving. The point is to handle the termination conversation with care and understanding, such that employees know you are there for them, even if the business relationship is ending.
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Malaysian talents are expected to learn new skills and gain new knowledge amidst the soaring unemployment in the country due to the COVID-19 pandemic. According to Putra Business School associate Prof Dr Ahmed Razman Abdul Latif, local graduates need to be cautious in charting their career path, especially during the current economic crisis made severe […]
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Since leaving his village in Indonesia to work abroad three decades ago, Wasito has never failed to send money home at Eid to support family in the world’s largest Muslim country. This year he cannot. Coronavirus lockdowns around the world have forced companies to cut jobs or wages, and migrant workers such as Wasito are particularly vulnerable […]
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From June 2, more businesses can resume operations with about one-third of workers able to return to work on-site, as Singapore gradually eases restrictions imposed to stem the spread of Covid-19. Among the first to get the nod to reopen will be businesses that operate in settings with lower transmission risks and with limited or […]
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Many small and medium-sized businesses that laid off or furloughed employees due to coronavirus-induced closures won’t be rehiring the same workers when they reopen. A survey of 86,000 small and medium-sized businesses owners and managers found that only 45 percent of those that closed amid the outbreak plan to rehire the same workers. The survey […]
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ASEAN Briefing – On March 3, 2020, the Ministry of Manpower of Singapore announced new measures aimed at supporting employers to hire more mid-career and senior Singaporeans in the post-pandemic economy. As a result, these measures will impact the qualifying criteria to employ foreign workers in the country. These new rules were enacted May 1, […]
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As employers across the country shed workers or put them on furlough due to labour market conditions, a few others are continuing to look for employees and trainees. According to Workforce Singapore (WSG), there were 13,000 SGUnited job vacancies with 11,000 applicants as of Apr 19. Most of the roles under the SGUnited Jobs initiative are temporary […]
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Sixty-seven percent of digital workers in India said emerging technologies such as machine learning (ML), artificial intelligence (AI), Internet of Things (IoT) are increasing their effectiveness at work, according to a survey by Gartner, Inc.. The Gartner 2019 Digital Workplace Survey found that India is the most digitally dexterous country in the world – followed […]
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Climate change and human capital management are on top of investor’s 2020 sustainability agenda for engaging with boards of the companies they invest in, Morrow Sodali Institutional Survey found. Majority of investors with a collective $26 trillion in assets said that they focused on climate change and human capital management when it comes to investing […]
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The Singapore government is assisting retrenched workers including Malaysians whose employers’ businesses have been badly hit by the COVID-19 situation, according to the Ministry of Manpower (MOM). Minister Josephine Teo said the ministry is able to help link the affected workers up with prospective employers who are looking to fill vacancies and have shortages, Bernama reports. Speaking […]
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