Three in 10 CEOs likely to reward workers returning to office

A third of CEOs will promote or offer cash reward to those working in the office.

A KPMG study showed that 34% of CEOs are likely to give promotion or financial reward opportunities to employees making an effort to show up to the office.

In the report, KPMG also found that less than half of CEOs (48%) forecast a fully in-office work setup in the next three years.

“This contrasts with 64% of CEOs globally who remain steadfast in their support of pre-pandemic ways of working,” said KPMG.

The study also revealed that slightly more than half (52%) of CEOs prioritise capital investments in upskilling, which is a shift from last year’s poll when 56% are focused on investing in new tech.

Upskilling and reskilling their current workforce have become a strategic priority, seeing as about a third of Singapore CEOs (32%) said their headcount will remain unchanged over the next three years. 

Meanwhile, another third (36%) believe that their headcount could decline 5%.

KPMG’s latest research gathered insights from 1,300 CEOs from world’s leading firms, including in Singapore.