by Solutionsatwork | Jun 1, 2018 | Attraction and Retention, Employee Benefits, Employee Remuneration, HR Guides, Legal and Statutory
The National Wages Council (NWC) Guidelines were published on 31 May 2018. The guidelines cover the period 1 July 2018 to 30 June 2019. The recommendations are applicable to all employees – management, executives, professionals, rank-and-file employees,...
by Solutionsatwork | May 27, 2016 | Attraction and Retention, HR Guides, Legal and Statutory
The Ministry of Manpower (MOM), the National Trades Union Congress (NTUC), and the Singapore National Employers Federation (SNEF) have come together to develop a set of guidelines for employers to manage excess manpower and retrenchments appropriately. The guidelines...
by Solutionsatwork | Apr 14, 2016 | Attraction and Retention, Legal and Statutory, Social Economic Indicators
The retirement age in Singapore will be raised from 65 years to 67 years from 1 July 2017. This was announced in Parliament as part of the Budget Debate 2016. Under this enhanced law, employers will have to offer re-employment to healthy workers aged 62 years...
by Solutionsatwork | Sep 17, 2011 | Attraction and Retention, Social Economic Indicators
Published in the TODAY newspaper on 16 Sep 2011 by Lin YanQin According to the latest statistics from the Singapore Ministry of Manpower, the number of job vacancies has increased by 6600 to 55,900 in Q2 2011. The labor market remains tight with 116 vacancies for...
by Solutionsatwork | Jun 17, 2011 | Attraction and Retention, Social Economic Indicators
The Ministry of Manpower has released figures showing Singapore’s unemployment rate at a 3-year low of 1.9% in Mar 2011, down from 2.2% in Dec 2010. The Ministry of Manpower said all industries expanded their workforce, led by community, social, and personal...
by Solutionsatwork | May 19, 2011 | Attraction and Retention, HR Guides
Employee retention continues to be one of the greatest challenges facing HR practitioners, business leaders, and line managers. When one considers that it can cost up to 6x more to hire a new staff than to retain an existing staff, it becomes clear that more...
