Standard Chartered to cut headcount in Singapore
A Singapore spokesperson tells HRM Asia the job cuts will affect only the Corporate and Institutional Banking division, which forms the bulk of the Singapore workforce.
Hiring for HR roles in particular decreased a significant 12% for the third quarter, according to the latest Robert Walters Asia job index.
Over three in four (79%) Chief Financial Officers (CFOs) are encountering more competition from overseas when trying to entice skilled professionals.
This includes all organisations with at least 10 employees where five or more workers are laid off within any six-month period.
Lower-wage civil servants will receive a minimum year-end Annual Variable Component (AVC) of S$900.
Ng Ying Yuan, Executive Director, HR and Organisation Development,
One time he was so embarrassed by what he saw that he left without collecting his tip.
One US expert says office distractions are dragging down productivity.
One visitor fell backward taking everyone else down with her, while another punched an actor playing a “zombie doctor” in a sensitive body part.
While the Human Capital Partnership Programme epitomises the Government’s resolute intent to develop and build a more robust and skilled Singaporean workforce, should private firms – and HR by extension – really need further incentives to train the local workforce?
HR teams will have to clearly communicate the company's benefits to ensure that employees understand the value of the plans.
The managing director of Lian Lee Wooden Case Maker Co was also fined S$60,000 for collecting kickbacks from 20 foreign employees.
Carol Quek, Head of HR Business Partners, Group HR, CrimsonLogic, shares her views with HRM Asia.
