MoM launches index ranking 300 firms on pay and mobility

The index assessed nearly 1500 organisations across Singapore workforce.

Singapore has launched the inaugural Singapore Opportunity Index (SOI), a framework that measures how employers create career opportunities, with 300 organisations identified as top performers out of nearly 1,500 assessed.

The 300 organisations represent the top 20% of employers covered and collectively hire close to one million residents.

The index, developed by the Ministry of Manpower, Singapore University of Social Sciences, and the Burning Glass Institute, evaluates employment outcomes across progression, pay, hiring, retention, and gender parity.

Speaking at the launch on 21 January, Manpower Minister Tan See Leng said the index provides a data-driven yardstick to understand how career opportunities are created across organisations.

“It shows some objective measures that employers can shape opportunity every day through deliberate human capital choices— ranging from recruitment, hiring practices, development pathways, and job design,” Tan added.

The SOI identifies three approaches amongst the top performers—career launchers, which focus on entry and re-entry into the workforce, career builders, which emphasise internal mobility, and career anchors, which prioritise workforce stability and retention.