In Focus

Real estate agents turn to Uber-like tech to stay afloat

As the number of estate agencies and agents in Singapore shrinks, many are turning to technology to help beat the property downturn blues.

In Focus

Unsatisfied female workers are not looking to move: survey

Only 59% of women in Singapore are happy with their employers.

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4 in 5 Singapore financial firms tag innovators as threat to revenues

In turn, a majority of banks plan to increase fintech partnerships.

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More financial firms expected to increase hiring activity in Q2

They will be hiring beyond replacement roles.

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Here's why the property market will likely see a recovery this year

The spike in the number of skilled workers is boosting the economy.

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Why investors should consider shifting to hospitality investments

RevPARs could recover starting 2H18.

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Job security becoming less important for Singaporean millennials

Average tenure is around two years.

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Profitability trumps legacy for family businesses

4 in 5 said legacy should not get in the way of business growth.

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Two-thirds of Singapore employers struggle to attract talent

Key challenges include skills shift, low engagement, and poor retention.

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Services productivity worsened in 2016

Unit labour costs rose 3.9%.

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Tourist arrivals up 4.8% in January

Visitor days also increased 4.9%.

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Transport costs up 4.2% in February

It was the key driver for overall inflation.

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Only 1 in 4 Singapore companies say their talent strategies are ‘change agile'

HR leaders do not have job redesign on their list of priorities for 2017.

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Why banks might be causing flat mortgage growth

An analyst calls the banks' moves counterintuitive.

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Singapore trumps Silicon Valley as top place for startup talent

It placed 12th in the overall startup ecosystem rankings.

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Nearly 1 in 3 Singapore employees did not get bonuses in 2016

Over 35% said they didn’t receive even a performance-based bonus. According to the Job Outlook and Bonus survey by JobStreet.com, the average guaranteed bonus, or annual wage supplement (AWS), received by Singapore employees in 2016 beyond their 12-month salaries is approximately 1.45 months. “However, about 30% of the respondents stated that they did not receive any AWS last year. More than 35% of respondents did not receive any performance-based bonus too,” said the online job board. The survey also found that many job seekers are pessimistic about the job outlook, with 60.9% of them believing that it would be hard to find a job in 2017. It revealed that 68.9% of them believe that companies will likely put their expansion plans on hold and not hire new employees whilst 73% of them think that landing an interview and getting a job with good opportunities will be challenging. “This perceived outlook slightly deviates from our market sentiments. We saw a healthy increase in the number of job advertisements since December 2016. On average, we consistently have over 40,000 jobs posted on our website monthly. Hence, we believe that companies are still on a lookout for talent,” noted Chook Yuh Yng, country manager of JobStreet.com Singapore. The survey involved more than 400 respondents across various industries.

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