Elon Musk had earlier told employees to return to the office, a policy that is now called into question as he reportedly looks to close more offices globally.
More employees are expected to request pay raises from their employers, while others will look for higher-paying positions.
The business outlook for 2023 is more cautious, considering the challenges in manpower, wages and inflation that are anticipated to continue.
The National Trades Union Congress (NTUC) wants more opportunities and protection to be created for a growing gig workforce and older workers.
Despite a decline in net employment, organisations in Singapore are ready to offer increments and bonuses to attract and retain talent.
Chew Siew Mee, Managing Director of JobStreet by SEEK, highlights what employers need to offer to encourage talent to join, and stay with their firms.
As hybrid work continues, firms are encouraged to prioritise the wellbeing of their employees to retain and support their journey towards fulfilling careers.
The Singapore Global Executive Programme (SGEP) is designed to nurture a new generation of local organisations and talent.
While employment continued to grow in Q3’2022, the Ministry of Manpower expects this momentum to be stunted in the months ahead.
Unlike their more experienced counterparts, younger employees will choose more income over having more free time.
The marketing and communications leader is re-joining Fujitsu as Head of Marketing for Asia Pacific and will support Fujitsu's growth in the region.
The average starting salary of a university graduate is now almost twice that of an ITE graduate, and this gap persists over their lifetimes.
Underperformance on DEI could have an adverse impact on organisations when it comes to recruitment and retention.
While real median income increased from 2021, growth was tempered by the continuing impact of high inflation.
Taking place on December 1, the CHRO Series Singapore will discuss topics such as building a talent management strategy that embraces innovation.
For mid-career employees, learning new skills has become increasingly important, and upskilling shows employers their willingness to learn.
This represents on-going efforts to provider better protection for the growing number of platform workers in the country.
Hybrid work, the rising cost of living, and uncertainty about the future are all stress factors for employees in Singapore.
In contrast, over 20% of leaders in the Philippines, India, Sri Lanka and Malaysia expect employees to be working in the office all the time.
A dedicated advisory committee has been reviewing protections for these workers under Singapore’s pension scheme.
As employers consider wage hikes, they should also develop employees' skills and redeploy them, said Singapore’s Senior Minister of State for Manpower.
Taking place from 10-11 May 2023, HR Tech Festival Asia 2023 will discuss the most pertinent workplace issues facing organisations in Asia.
The discourse comes as a special committee continues to study recommendations and ways to strengthen protections for gig workers in Singapore.
Wage guidelines for lower-wage workers have been set between 5.5% and 7.5% with the goal of narrowing the pay gap.
Employees in Singapore prioritise stability and job security over salary, while good leadership is key to retain talent and maintaining employee wellbeing.
Interest in companies to hire workers with disabilities has risen by 30% since this August, driven largely by the service sectors.
This comes as the world is facing uncertainties, from geopolitical tensions to inflationary pressures, which affects the employment market.
Some of Asia’s best HR and HR tech solution providers were recognised at the in-person HRM Asia Readers’ Choice Awards 2022.
To enable more older adults to continue to contribute to the economy, a mindset shift for employers is needed.
The government plans to utilise data and artificial intelligence (AI) to generate personalised career insights for workers.