HR & Education
Temasek to freeze pay, cut bonuses for a year amidst COVID-19
Temasek to freeze pay, cut bonuses for a year amidst COVID-19
The move, which will start in April, will see the firm halt all raises and salary increases.
Three in five employees expect raise by year-end
Some employers may try to meet the younger generations’ expectations to retain talent.
Nearly half of businesses to give out 3% raises in 2020
But employees stated that salary hikes and compensation will not make them stay.
Salary raise for new hires to climb 5-10% in 2020
Companies are expected to be less receptive to salary negotiation.
Singapore remains top city for East Asian expats
This is its 15th year holding the crown.
Chart of the Day: Services sector layoffs rose to 7,100 in 2019
The yearly figure was boosted by 1,800 retrenchments in Q4.
Chart of the Day: Construction sector retrenchments fell to 800 in 2019
It took up about 7.5% of all layoffs in Singapore.
Chart of the Day: Layoffs in manufacturing sector grew to 2,800 in 2019
All sectors’ retrenchments rose in Q4.
SMEs vs MNCs: Benefits of working in a Singaporean SME
Looking back as I completed my bachelor graduation ceremony, I wished someone had shined light on how different realistic work life was going to be...
Chart of the Day: Services sector headcounts rose to 53,700 in 2019
These slowed down to 13,300 in Q4 despite boosts in retail and F&B sectors from festive hiring.
Daily Briefing: MOM to launch workplace stressor tool; UK-based fintech Revolut integrates with Google Pay
And brokering platform Mortgage Master raises $500,000 in seed round.
Nearly 9 in 10 R&D professionals bullish about future of product development
Respondents cited the government’s support and clear direction that will boost R&D.
Chart of the Day: Construction sector headcounts rose by 12,800 in 2019
The figure reversed three years of decline.
Singaporeans show low level of enthusiasm at work
The city fell behind India, Thailand and Hong Kong in terms of employee engagement.
49% of office workers say getting a pay rise is their top career goal for 2020
Upskilling and happiness at work rounded up the top three goals for Singaporeans.
Chart of the Day: Manufacturing sector headcounts dropped by 3,000 in 2019
Employment figures fell in tandem with the sector’s GDP.
Total employment grew to 55,200 in 2019
The services industry saw the most expansion in local employment.
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