2024 Recruitment Trends in Singapore: Emphasis on Skills and Attitude, Says Report
As businesses in Singapore adapt to changes in hiring practices in 2024, there’s a noticeable move towards valuing candidates’ skills and attitude, according to a recent report by Randstad. Employers increasingly prioritize candidates’ potential for growth alongside their existing skills and motivations. “Digital transformation and organizational optimization underscore the importance of continuous learning in Singapore,” […]
Positive Hiring Outlook for Singapore in 2024
SINGAPORE–In a recent survey conducted by HR services provider Reeracoen, it has been revealed that optimism is high among Singaporean employers, with one in two expressing plans to expand their workforce in 2024. The survey, encompassing insights from 159 companies, showcased a robust hiring sentiment, with 59.1% of respondents indicating their intention to bring in […]
HR Sector Sees Slower Growth in Salaries, Shifts Focus Towards Diversity and Inclusion
Recent research conducted by Reed indicates that the human resources (HR) sector is experiencing a deceleration in growth, with an average increase in salaries of only 2.8% over the past year. This marks a noticeable dip compared to 2022 when the industry enjoyed an average 4.2% increase. The data not only sheds light on the […]
Only 4% of CEOs Prioritize a Full-Time Return to Office for Employees
CEOs are easing their efforts to compel employees to return to the office full-time as indicated by a recent CEO survey by The Conference Board. The findings reveal that only 4% of CEOs in the US and 4% of CEOs globally prioritize bringing workers back to the office on a full-time, five-day-a-week basis. The survey, […]
Empowering Female Employees: Rockbird media Introduces 2-Day Work From Home During Periods
Rockbird media has implemented a two-day work-from-home setup for its female employees during their menstrual periods. This groundbreaking policy took effect on August 29, 2023, prioritizing the well-being of the female workforce by recognizing the significance of their monthly menstrual cycles, regardless of their employment status. Meanwhile, a significant legislative development is taking place within […]
Philippines HR Platform, Sprout Solutions Raises $10.7 Million in Series B Funding Round
Sprout Solutions, a Philippines-based HR platform that provides digitized human resource software, has raised $10.7 million in a Series B funding round. The funding was led by Cercano Management with the participation of SoftBank Ventures Asia, AFG Partners, GSR Ventures, Integra Partners, ACA Investments, and Mynavi Corporation. The company currently serves over 1,000 corporate clients […]
Samsung Bans Use of Chat GPT After Code Leak by a Staff
Samsung Electronics Corporation is banning the use of Chat GPT and other AI-generative tools after a recent “misuse” by an employee. According to Bloomberg’s report, severe measures were taken when the company discovered an accidental leak of sensitive internal source code by an engineer who uploaded it to Chat GPT. “Samsung is working to find ways […]
Indonesia Signs Collaboration Agreements for Industry 4.0 Development with Hannover Messe
On April 2023, Indonesia became the first ASEAN country to partner with Hannover Messe, one of the world’s largest trade fairs for industrial pioneers. Indonesia signed various collaboration agreements which are anticipated to generate 80,000 employees. The signed deals include one government-to-government (G2G), four business-to-government (B2G), and twenty-five business-to-business (B2B) agreements. Eko SA Cahyanto, the […]
Air India’s New Pay Structure and Policies Draws Criticism from Pilots’ Unions
On April 17, Tata Group’s Air India announces a new pay structure and rostering system for its cabin crew and pilots. In an internal communication, CEO Wilson Campbell notified employees that the airline will be introducing a new color scheme, revamped cabin interiors, and fresh uniforms for cabin crews in the near future. Over the […]
Samsung Electronics Increases Employee Wage by 4.1%, Postpones Pay Cap Increase for Board Members
Samsung Electronics has reached a consensus with its employees to increase their wages by an average of 4.1%, while the salaries of the board members will remain stagnant due to poor performance, caused by a worsening chip surplus and a global economic downturn. The company has reached an agreement with employee representatives concerning compensation and […]