Markets - HRM Asia

Citi Singapore employees to receive $1,200 one-off compensation

More than Citi Singapore’s 1,600 employees will each receive a special compensation award of S$1,200 which will cost the company S$2 million.

LinkedIn offers free job listings to help fight COVID-19

Companies in the healthcare sector as well as essential services can now post job listings for free for the next three months on LinkedIn.

125 million workers in Asia-Pacific at risk of unemployment

New report from the International Labour Organisation warns that 195 million jobs worldwide could be wiped out because of COVID-19.

Searches for remote work surge amidst COVID-19 crisis

Job seekers are showing greater interest in working remotely with an increase in searches for terms like ‘remote’ and ‘work from home’ on job sites.

Simon Tate to lead Adobe’s Asia-Pacific business

Tate, an Industry veteran, has worked in technology for 25 years, representing brands such as SAP, Dell EMC and Hummingbird.

Rajah & Tann leading the way in remote working through technology

EXCLUSIVE: Being ahead of the curve in adopting technology has helped the Singapore based law firm adapt to remote working seamlessly.

Malaysia designates COVID-19 as occupational disease

Employees who are infected with COVID-19 due to direct exposure to the disease from their nature of work can now claim for compensation.

Audit profession must rid ‘overworked, underpaid’ image to attract best talent

Many accounting graduates are deterred from joining the audit profession because of the perception that auditors are lowly-paid and made to work long hours.

Bank branches in Singapore close temporarily

DBS, for instance, will progressively close 29 branches till May 4, in line with Singapore’s circuit breaker measures.

HR Tech Fest Connect 2020: The Future of Remote Work Is Now

We are excited to launch the HR Tech Fest Connect 2020, a 100% virtual conference that aims to prepare the workforce for The Future of Remote Work.

Singapore introduces third round of support measures

S$5.1 billion “Solidarity Budget” will allocate S$4 billion to provide businesses and workers with additional support.

Majority of workplaces to be shut down in Singapore

From April 7 to 4 May, all workplaces, except essential services providers such as food establishments, supermarkets and clinics, will be closed in Singapore.

Bridging the APAC talent shortage by using technology as a force for good

EXCLUSIVE: Daiana Beitler, Philanthropies Lead at Microsoft Asia, shares how the company is bridging the region’s talent shortage while doing good.

Over 320,000 duty free and travel retail jobs at risk in Asia Pacific

Governments in the Asia Pacific are urged to include the duty free and travel retail industry in their financial support packages.

WPP freezes hiring, board to take 20% pay cut

The world’s largest advertising company will be freezing new hires as well as cutting the pay of executive committee and board members.

Deloitte Southeast Asia acquires 50 members of AccelTeam

The acquisition will further strengthen Deloitte Southeast Asia’s analytics and cognitive (A&C) services in the region.

MOM: Companies face stop-work order for not allowing telecommuting

The Ministry of Manpower plans to have more than 100 officers check on companies who have not implemented flexible work arrangements.

COVID-19: What measures are employers taking?

EXCLUSIVE: HRM Asia finds out what are some of the measures and technologies companies have implemented during the COVID-19 outbreak.

Singtel directors to take 10% fee cut “in show of solidarity”

The latest measure comes after announcing a wage freeze across the company, except for operational and support staff, earlier this month.

COVID-19 to inflict heavy economic cost on East Asia and the Pacific

Almost 35 million people would remain mired in poverty as COVID-19 forces an economic meltdown across East Asia and the Pacific, warned the World Bank in an economic update.

Employers urged to take long-term view of manpower needs

Pay cuts and retrenchment should not be Singapore companies’ first course of action in dealing with COVID-19, said the National Wages Council.

34 firms issued stop-work orders for flouting safe distancing measures

A four-day long operation which conducted random checks on more than 100 companies resulted in 34 firms being issued stop-work orders.

Organisations more cautious in making business decisions

New pulse survey from Aon examines the workplace, HR and compensation policies being put in place by companies in Asia-Pacific as they look to keep employees safe and adjust to an increasingly volatile market.

Malaysia announces RM250 billion stimulus package

The stimulus package will help cushion the impact of the COVID-19 outbreak for workers, businesses and the health industry.

Airport industry in Asia-Pacific needs urgent government aid

Swift relief measures are needed to safeguard airport jobs and connectivity as the airport industry continues to flounder, urged the Airports Council International Asia-Pacific.