HR & Education
8 in 10 Singaporeans want to try living abroad
8 in 10 Singaporeans want to try living abroad
Majority of healthcare and tech workers want to work away from home.
Chart of the Day: Expected turnover rate in Singapore is the highest in Asia
About 46% expect to leave their companies in the next 12 months.
Half of Singapore workers threatened that digitalisation will snatch their jobs
Almost half think their managers are lacking in engaging them to digital upskilling.
DBS and SGX team up for three-year investment education programme
It will target women, young adults, and members of the Gen X.
Talent crunch beefs up finance payrolls amidst thinning workforce
Firms may need to shell out extra $29,100 per highly skilled finance worker by 2030.
More than half of employers struggle to fill in positions
The jobs that are hardest to fill are sales representatives, engineers, and drivers.
Six APAC cities amongst world's costliest for expats
Hong Kong is the world's most expensive city whilst Tokyo, Singapore, and Seoul also made it to the list.
Singapore jumps to 4th spot in costliest cities for expats
For instance, coffee in Singapore is at US$5, which is significantly cheaper than coffee in Seoul (US$10) and Hong Kong (US$7).
Singapore firms could add up to $29,065 to highly-skilled workers' pay
Talent shortages for these kinds of workers could hit 38% in 2030.
Chart of the Day: Higher employment in services sector offset declines in construction
About 9,700 workers for services in community, finance, and transport sectors were employed in Q1.
Online hiring rose 6% in February
The banking, financial services, and insurance sector raised online recruitment by 30%.
MindChamps acquires Sydney preschool for $5.5m
Two more Sydney pre-school centres are in the process of acquisition.
Chart of the Day: Job retrenchments hit 5-year low in Q1
There were 2,320 retrenchments in Q1, down from 4,000 a year ago.
Singapore is amongst the world's 20 most expensive locations for expats
Prices rose as the Singapore dollar strengthened versus the greenback.
Financial firms are willing to pay business planners $98,000
About 95% of employers could raise salaries by 10% to keep talent.
Employees value work-life balance more than job security
Women (57%) also place higher premium on work-life balance than men (50%).
Services sector could shy away from giving $300 bonuses: economist
Companies that had improved productivity were urged to give $300-$600 bonuses.
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