Companies play an important role in the hiring of people with disabilities, while the government will continue to play a key role by offering support.
The government intends to attract a world-class talent pool, which it believes will also help the retention of local talent.
The republic is targeting to have 40% of working-age persons with disabilities (PWDs) employed by 2030, up from about 30% between 2020 and 2021.
Employees are also looking for jobs that align with their aspirations and lifestyle to create a more meaningful work purpose.
Only about 66% of employers in the city-state are actively taking steps to address mental health challenges.
Workplaces should have more lactation rooms so that working mothers can have paid nursing breaks, said MP Louis Ng.
With many employees in Singapore indicating that they want a four-day workweek, some firms have already adopted the practice.
This was attributed to the hiring of foreign workers in the construction and manufacturing sectors, as well as more residents finding employment.
Upskilling requires effort and very strong commitment from both workers and employers to bridge the skills gap, said the manpower minister.
The skills in demand involve those with capability development and performance management, highlighted a report by SkillsFuture Singapore.
Driven by a mix of factors, more than half of Singapore employees (51%) are likely to quit their jobs in the next 12 months.
Hybrid working arrangements are becoming the norm in the public sector, which is taking the lead in the country’s endeavour to retain flexible work.
The Structured Career Planning guidebook gives employers a framework to implement a process to engage staff on career and skills development.
Due to a recovering labour market, the number of mid-career Singaporeans who joined programmes to switch fields plunged in 2021.
The unemployment rates in May stayed unchanged from the month before, and the likelihood of a downturn remains low.
The national task force on mental health will focus on stepping up resources for employees in the workplace.
The country must overcome an asymmetry of information to spark the interest of working adults in reskilling and upskilling, said the education minister.
The top reasons for wanting to remain employed are to stay active, have a sense of purpose, maintain social connections, and save up for old age.
Employment in the city-state expanded by 42,000 in Q1’2022, with 85% of that coming from non-residents, reported the Manpower Minister.
While renumeration is still important to retain talent, employees are increasingly looking at other factors, including transparency and flexible work.
More than 40,000 small businesses hit hard by the pandemic each received up to S$10,000 (US$7,211) last week as part of a government grant.
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The government will increase its funding from 50% to 75% for resident employees with gross monthly wages up to S$2,500.
Many workers who lost their jobs were able to find new employment within six months due to the availability of positions.
Resident employment rose in growth industries like financial and professional services, but fell in consumer-facing sectors.
As more cloud-based services and smaller system projects are put out, barriers of entry for SMEs are lowered, said the government.
While the number of female workers has continued to rise, about 260,000 women aged 25 to 64 remain outside the labour force.
It is essential to attract the right foreign workforce who will bring in the skills to complement the local workforce, said the Manpower Minister.
The Ministry of Manpower expects unemployment to stay low amid a tight labour market and high demand for workers.