Although Singapore has overtaken cities like Seoul and Shanghai, it fell to being the 7th most expensive location for expats in Asia, according to ECA’s latest cost of living rankings. The island nation also dropped by one place in the global ranking, taking the title of 13th most expensive in the world. In the previous edition of the ranking, released in June, Singapore was the sixth most expensive location...
Against the backdrop of economic uncertainties, the Public Service Division (PSD) has decided to exercise restraint for the year-end bonus payment. It announced yesterday that civil servants will receive a year-end Annual Variable Component (AVC) of 0.1 month. This marks a reduction from 2018, where a 1-month bonus was received. The biggest bonus cuts will come from senior civil servants in superscale pay...
Stressed and sleep-deprived: This is how Malaysia’s Healthiest Workplace by AIA Vitality 2019 survey describes the workforce in Malaysia, after studying the state of affairs across 230 organisations of different sizes and sectors across the nation. The survey, conducted annually, found that more than half of employees suffer from at least one dimension of work-related stress (51%), while the majority get...
A study of 1,008 Singaporeans across four generations found that having enough money for daily expenses is a top-three item on the wishlist. Can employers help by understanding the motivations and aspirations of locals, and providing policies that fulfil these? The study by AXA, called Better Life Index: Uncovering Singaporeans’ journeys towards a better life, found Singaporeans’ (across four generations)...
When it comes to gender diversity in the boardroom, the reality remains that women are largely under-represented on corporate boards, and the progress to change this trend continues to be slow. This was reflected in Deloitte Global’s sixth Women in Boardroom: A Global Perspective report released yesterday (31 October), which showed that women hold just 16.9% of board seats globally. As compared to immediate past...
How often do you do a thorough clean on everything on your office desk? Including the keyboard, your phone, mouse, and the desk itself? If your response is ‘not at all’, you are not alone. Based on a recent study in the UK, while 35% of the 650 workers surveyed had their desk cleaned everyday and 28% had it cleaned on a weekly basis, many seemed to neglect cleaning individual items. Even more so, 9% only...
Finding, retaining and developing talent – this has been identified as a top business challenge of 2019 among APAC organisations. According to HireRight’s latest 2019 APAC Employment Screening Benchmark Report, more than one-third (34%) of HR professionals surveyed in APAC cited this as one of their top three challenges, while maintaining a competitive edge (21%) and growing revenues (19%) came in as second...
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Mark your calendars as the crowd's favourite candidate and employee experience conference, Talent Experience Forum is back! Happening only in KL, Malaysia on 5 November. Register your seat early because you will be hearing top insights from C-suite and senior HR leaders from Dell, Digi, GoCar, IPG Mediabrands, Nestle, Tesco, Unilever and more. #Belanjawan2020 (Malaysia Budget 2019) is being announced in...
Mark your calendars as the crowd's favourite candidate and employee experience conference, Talent Experience Forum is back! Happening only in KL, Malaysia on 5 November. Register your seat early because you will be hearing top insights from C-suite and senior HR leaders from Dell, Digi, GoCar, IPG Mediabrands, Nestle, Tesco, Unilever and more. The past three years have seen a rise in the use of contingent...
HR Vendors of the Year Awards is back again for its 5th year with a fascinating gala night to celebrate the best HR vendors in Hong Kong. Winning is both an affirmation of the exceptional quality of your work in the industry and among peers. Enter Awards now Contact us now for more details. -With inputs from Aditi Sharma Kalra Here are the major promotions and job moves in the world of HR. If you’ve been...