HR & Education
COTD: 8 in 10 employers plan salary hikes of 3% or more in 2025
COTD: 8 in 10 employers plan salary hikes of 3% or more in 2025
Majority plan to increase salaries by 3%-5%.
Mediation drives legal hiring growth in Singapore
Corporate and commercial law is also set to boost hiring in 2025 amid M&As.
Fewer firms expect better business conditions despite revenue growth
65% saw revenue growth in 2024, but only 36% expected better conditions.
Singapore’s old-age support ratio nearly halves after 10 years
The labour force participation rate for younger individuals also declined.
Real incomes rise in 2024 as wages increase and inflation eases
Both lower- and median-income workers experienced an increase in real incomes.
Hybrid work exposes generational divides in businesses
Changes in automation and collaboration were observed in hybrid teams.
Platform Workers Act to drive industry costs higher by $493m a year
Workplace injury compensation insurance could add up to $42.88m annually.
SMF, JP’s Mitsui O.S.K Lines ink MoU on maritime scholarship programme
MOL aims to offer two MaritimeONE Scholarships per year.
Specialised roles see strong growth in Singapore job postings: Indeed
Sales and marketing managers posted a 127% growth, whilst AI engineers rose 83%.
ISCA, Kaplan partner to grow accountancy profession in Singapore
They will be launching a 15-month programme for students, covering the learning outcomes of SCAQ foundation programme.
NUS and PSA International supply chain research lab
PSA will set aside $10m to fund the initiative
Civil servants to receive a 1.05-month year-end bonus
Junior grade officers also get an additional one-time payment of $600.
Job movers in 2025 poised for raises of up to 15%: survey
Those staying with their current employers are likely to receive smaller raises of 2%-5%.
Lack of skills, global leadership exposure seen as barriers for senior-level hires
45% of employers cite skill gaps, 43% cite lack of global leadership exposure.
WSH Council revokes SHARP award from recipient over undisclosed workplace injuries
The council also banned the company from participating in the WSH Awards for three years.
Gov’t launches PWD support in Tech4Good initiative
The programme will facilitate inclusive employment in the technology sector.
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