management

Why Singapore's businesses continue to lose valuable human resources

SINGAPORE (Dec 7): While business leaders in Singapore do not deny an organisation’s success is intrinsically linked to the happiness of its people, nearly half say they have lost valued human resources as a result of failing to ensure employee satisfaction.  

This finding comes as part of a global study com missioned by Fujitsu, which explores organisations’ relationships with their employees, customers and society – and how vital each group, along with culture, creativity and digital technology, is to achieving business success.

Challenges faced by Asia Pacific employers as salaries continue to grow

SINGAPORE (Oct 2): For the first time since 2014, salary increases across 17 markets in Asia Pacific saw a mild 0.1% y-o-y rebound this year, according to the latest Salary budget Planning Survey Report (Q3) by Willis Towers Watson.  

In a press release on Tuesday, the global advisory firm says it expects the gentle upward trend to continue through 2019 due to the region’s realistic outlook for business results this year, with 60% of those surveyed expecting their company performance this year to be in line with that of 2017.

Asia Pacific employers still fall short of fixing the compensation divide, finds survey

SINGAPORE (Sept 18): Over half the companies in Asia Pacific are failing to compensate their staff effectively and fairly, suggests a new study conducted by Willis Towers Watson.

According to findings from the firm’s 2018 Getting Compensation Right Survey, a third of the region’s employers are still paying incentives to employees who do not meet their expectations, while four-fifths reduce their payouts to top performers when their actual incentive funding levels fall below target.

Which technologies should procurement leaders use to future-proof their companies?

SINGAPORE (Aug 30): Digital disruption is set to bring about game-changing impact on existing procurement industry core capabilities; the ones responsible for implementing these technology solutions just don’t know it yet.

So suggests Reboot Procurement, a new report based on a recent study of over 60 chief procurement officers (CPOs) conducted by KPMG, the National University of Singapore (NUS) Business School, and Supply Chain Asia.

Most respondents were based in Singapore with more than half representing listed companies.  

Hiring woes largely due to lack of online presence, suggests survey

SINGAPORE (July 4): Three in five (57%) of job applicants in Singapore would not apply for a position at a company if no information about its reputation as an employer was available online, finds a recent survey conducted by job site Indeed.

Singapore among hardest hit by global talent crisis with drivers, sales reps most in demand

SINGAPORE (July 2): The Asia Pacific region is suffering the most acutely as global talent shortage approaches a 12-year high, according to the ManpowerGroup 2018 Talent Shortage Survey.

Out of the top 10 worst-affected markets in the survey, Japan tops the regional list at 89% followed by Taiwan and Hong Kong at 78% and 76%, respectively, and Singapore on par with India at 56% each.

How large organisations can dodge speed traps with data: Tableau

SINGAPORE (Mar 12): The old saying of ‘shape up or ship out’ now rings true among larger organisations as they find their smaller counterparts catching up faster than ever before.

Issues with management a key reason for workplace unhappiness in Singapore, finds survey

SINGAPORE (Jan 22): Work ruts and issues with management are the main causes of Singaporeans’ unhappiness at work, according to JobStreet.com’s Job Happiness Index 2017.

Out of the 100 Singaporean employees surveyed by JobStreet.com, 55% are either neutral about or happy at work, while the remaining 45% felt otherwise.

In a press release on Monday, the online employment portal attributes workplace unhappiness to three main factors: issues with the management and leadership team, the lack of opportunities for career development, as well as a lack of training opportunities.

Ascott to manage two properties in Africa

SINGAPORE (Dec 18): CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited, has secured contracts to manage two properties situated in Accra, the capital of Ghana.  

This marks Ascott’s first foray into Africa and comprises the 220-unit Ascott 1 Oxford Street Accra, which will open in phases from 2019, as well as the 40-unit Kwarleyz Residence due to open in 4Q18.

How important is strategy development among Singapore-listed companies?

SINGAPORE (Nov 7): Discussions about strategy development do not make the top five priorities among the boards of directors of Singapore-listed companies, according to the latest survey by the Singapore Board of Directors.

The report, compiled by the Singapore Institute of Directors (SID), Singapore Exchange and the Singapore University of Social Sciences, primarily shows that only 48% of respondent firms said they held a dedicated board strategy session in the last 12 months.

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