HR Tech Festival Asia 2023: What’s happening on Day 2
Day 2 of the HR Tech Festival Asia 2023 is jam-packed with presentations and innovations that will shape the way organisations work in 2023 and beyond.
Celebrating Asia’s top HR leaders and organisations
Winners of the HR Tech Festival Asia 2023 were recognised for setting the benchmark of excellence and innovation in the HR industry.
Why layoffs can be the catalyst to retain an organisation’s best talent
Organisations need to understand the employee experience and take action on the moments that have the biggest impact on engagement.
Unleashing human potential in an age of AI
Organisations should not neglect the human potential in their employees, even as technologies continue to impact and change the way we work.
Employees in Singapore seek higher pay despite fears over job security
While employees remain confident that their employers will support them during uncertain times, job and income stability are paramount.
Generative AI likely to have profound impact on the workforce
Although jobs will be lost to generative AI, this will be compensated by the creation of new jobs and higher productivity, says Goldman Sachs.
GitHub tells employees to prepare to work from home permanently
The announcement comes as the tech company prepares to lay off 10% of its workforce through the end of the fiscal year.
Singapore’s total employment grows for fifth consecutive quarter
While hiring sentiments remain positive, momentum in the labour market is expected to ease, says the Ministry of Manpower (MOM).
Josh Bersin: Let’s talk about layoffs and how to handle them
Josh Bersin discusses how organisations can manage layoffs more effectively, even in uncertain economic times.
Growth of Singapore’s employment market expected to slow down
While employment continued to grow in Q3’2022, the Ministry of Manpower expects this momentum to be stunted in the months ahead.
AWS: Workplace innovation starts with dissatisfied employees
Those who are curious about how the world works and their role in it are likely to innovate at the workplace, said CEO Adam Selipsky.
2 Cents: People-first approach a priority for HR in 2023
With people key for organisational success, attracting and retaining the best talent is on the agenda of every HR and business leader heading into 2023.
South Korea’s labour market urged to adjust to employment uncertainty
Job training and reskilling are measures that can be taken to create more employment opportunities in 2023, says business group.
Total employment in Singapore expected to stagnant
Although employment grew in Q3’2022, global conditions are likely to create an uncertain labour market in the coming months.
Singapore’s jobless rate in August falls to six-year low
While the unemployment rate has fallen below pre-pandemic levels, the Ministry of Manpower (MOM) has cautioned against looming economic uncertainty.
Asia Pacific predicted to lose 63 million jobs to automation by 2040
Despite the loss, Forrester expects the green economy to help make up for some losses as more countries commit to carbon neutrality.
Vietnam sees strong recovery in jobs numbers
The number of working people aged 15 and above hit 51.4 million in 1H2022, marking a 400,000 year-on-year rise.
Singapore’s unemployment rate remains low
The unemployment rates in May stayed unchanged from the month before, and the likelihood of a downturn remains low.
Singapore workers found more opportunities for re-employment
Many workers who lost their jobs
were able to find new employment within six months due to the availability of positions.
Australia’s unemployment at historic low for third straight month
Fresh data has revealed that Australia’s job market continued to strengthen as the unemployment rate remains at a historic low.
Employers in Hong Kong allowed to fire unvaccinated staff
A government bill has been passed to allow employers to sack workers who refuse to receive a COVID-19 vaccination without a reasonable excuse.
Malaysia registers unemployment rate of 3.9% in April
The unemployment rate for youths aged 15 to 24 reached a 10-month low of 12.8% in April, falling by 3,800 to 357,200 over the month.
Shanghai announces subsidies to boost employment
The city is pushing out two measures for alleviating the financial burden on seven key industries seriously affected by the pandemic.
Singapore’s unemployment levels holds steady at 2.2% in April
The Ministry of Manpower expects unemployment to stay low amid a tight labour market and high demand for workers.
Malaysia’s labour market momentum escalated in Q1 2022
Malaysia’s labour market momentum escalated in the first quarter of 2022 as both demand and supply ascended further.
Australia’s jobless rate hits 50-year low in April
The unemployment rate for males declined by 0.2 percentage points to 4%, its lowest level since October 2008.
43.1% of listed companies in South Korea cut workforce
Amid the prolonged pandemic, 43.1% of firms listed on the country’s main and minor bourses slashed the number of their employees last year from 2020.
Layoffs in Singapore a record low in first quarter
As the economy continues to recover from the pandemic, the number of retrenchments fell to 1,300, or 0.6 per 1,000 employees from January to March.
Japan’s unemployment rate falls to lowest level in almost two years
Compared to a month earlier, the number of workers rose by 180,000 in March, while workers who were unemployed fell by 90,000 over the same month.
Australia’s unemployment rate hits record low in March
The jobless rate in the country was 4.0% in March, one of the lowest readings since 1974, and is expected to drop further.