More than five in ten Singaporean graduates end up pursuing careers unrelated to their degrees, a new study has found. Findings released on Thursday (3 October) from a study by UK-based research firm YouGov, however, showed that the results are not universal across the board. The study polled 646 Singaporean graduates via YouGov’s Omnibus online […]
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Indonesian workforce could end up seeing more jobs available to them – mainly in the service sector – should the government and corporate sectors manage the adoption of automation and artificial intelligence well over the next decade, a new report by global consulting company McKinsey said. Automation in the largest economy in Southeast Asia is projected to destroy up to 23 […]
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Are you planning to run a business in China? Starting company in foreign country could be daunting, especially if you are not familiar with its customs and laws regarding employment. In this three-part article, you can learn how to calculate an employee’s payroll in China. Part I can be read here. Part II: Mandatory Benefits: […]
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A former secretariat for a high-level panel on humanitarian financing in the United Nations has urged the government to review its policies on youth employment, saying the youth of today are looking beyond nine-to-five jobs. Speaking at a forum on achieving greater heights in the age of disruption, held for former students of Kolej Yayasan […]
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China is increasingly attracting more foreign investment into the country, boosting the number of companies starting a business in China. Consequently, the need to hire employees and understanding the local labor law is also an important facet to consider when being a foreigner doing business in the country. This can become a potential challenge due […]
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Recent years have seen a widespread drop in global unemployment rates but what continues to puzzle economists has been the subsequent failure of wage inflation to follow suit. This has created an unusual phenomenon of wage stagnation across global markets, according to the eighth edition of the Hays Global Skills Index (the Index), a report […]
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According to the Fintech Employment 2019 report published by professional recruitment services firm – Michael Page Singapore, 94 percent of fintech companies surveyed agreed that we are facing a major shortage of fintech talent. 39 percent of the respondents also viewed artificial intelligence and robotics as one of the most important technological advances to impact […]
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Changes brought by technology and globalisation are rapidly reshaping business and human lifestyle. In Singapore, technology usage in the workplace has improved from time to time, but its adoption on company culture and employee wellbeing are seen unstable. See also: Singapore to Gradually Raise Employment Age to 65 by 2030 According to Randstad insight 2019 […]
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With more than a third of the working-age population in Singapore projected to be above the age of 50 by 2030, businesses here will increasingly need to do more to tap the talent and expertise of their older employees. Some 88 percent of business executives say Singapore companies need to invest more in leveraging their […]
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Most 65-year-olds would be looking to wind down their careers as they hit retirement. But in Singapore, which has one of the highest life expectancies in the world at nearly 85 years and where the government soon plans to raise the retirement age, workers are being pushed to learn new skills to stay productive. Valerie […]
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