HR & Education

Six APAC cities amongst world's costliest for expats

Hong Kong is the world's most expensive city whilst Tokyo, Singapore, and Seoul also made it to the list.

Singapore jumps to 4th spot in costliest cities for expats

For instance, coffee in Singapore is at US$5, which is significantly cheaper than coffee in Seoul (US$10) and Hong Kong (US$7).

Singapore firms could add up to $29,065 to highly-skilled workers' pay

Talent shortages for these kinds of workers could hit 38% in 2030.

Chart of the Day: Higher employment in services sector offset declines in construction

About 9,700 workers for services in community, finance, and transport sectors were employed in Q1.

Online hiring rose 6% in February

The banking, financial services, and insurance sector raised online recruitment by 30%.

MindChamps acquires Sydney preschool for $5.5m

Two more Sydney pre-school centres are in the process of acquisition.

Chart of the Day: Job retrenchments hit 5-year low in Q1

There were 2,320 retrenchments in Q1, down from 4,000 a year ago.

Singapore is amongst the world's 20 most expensive locations for expats

Prices rose as the Singapore dollar strengthened versus the greenback.

Financial firms are willing to pay business planners $98,000

About 95% of employers could raise salaries by 10% to keep talent.

Employees value work-life balance more than job security

Women (57%) also place higher premium on work-life balance than men (50%).

Services sector could shy away from giving $300 bonuses: economist

Companies that had improved productivity were urged to give $300-$600 bonuses.

Government pushes $50-$70 wage hikes for minimum pay workers

Firms that hit productivity quotas were also urged to give bonuses worth $300-$600.

Real wage growth slumped to 3.2% in 2017

It was hit by a 0.6% jump in inflation.

Singapore expat packages shrunk by US$12,450 over a year

Employers paid lower salaries and expat benefits cost less.

Can flex work beat Singapore's looming talent crisis?

Singapore could lose $142.51b from labour deficit by 2030.

Banks are at the forefront of Singapore's future-ready upskilling charge

OCBC recently rolled out a massive upskilling programme powered by a $20m investment to be made available for its 29,000 employees.