HR & Education
Total employment grew 3.9% in 2010
The total employment growth of 115,900 far exceeded the 37,600 or 1.3% in 2009.
Total employment grew 3.9% in 2010
The total employment growth of 115,900 far exceeded the 37,600 or 1.3% in 2009.
Employment rate of workers aged 55 to 64 reached new high of 59%
Employers should tap on the pool of mature workers to moderate the need for foreign manpower and remain competitive.
Lack of skilled labour considered as number one constraint to growth
The recently announced changes to foreign workers levy for the lower skilled worker will add up to business costs.
7 in 10 employer websites do not offer job search function
68% are not doing well enough in terms of navigation, design, content, and functionality.
Monthly salary threshold for S Pass applicants raised to at least $2000
Employers of existing Employment Pass and S Pass holders will be given a one-time renewal of up to 2 years to meet salary thresholds.
Singapore will be the hunting ground for senior talent
With its mature workforce and world-class talent pool, Singapore based talent is favoured for senior positions in neighboring countries.
3% of employers are anticipating a decrease of employees in Q2 2011
However, the net employment outlook of 30% is still the most optimistic outlook reported since Q3 2008.
Employment outlook to improve by 3%
The Q2 Manpower Employment Outlook saw the net employment outlook improve from 27 per cent to 30 per cent.
Singapore ranked 4th in the Index of Women's Advancement
Australia outranked 14 markets in Asia/Pacfic with an overall score of 83.8.
Enhanced bursaries for post-secondary students will cost the Government $134mn per year
The MOE will increase the quantum and extend the coverage of existing bursaries to benefit Singapore Citizens from two-thirds of all households in...
Government invests $10.9bn in educaton this year
The budget is almost double from a decade ago and is 10% more than last year.
Average age for female directors in Singapore is around 5 years younger than male directors
The average age for female directors is 54.7 while the average age for male directors is 59.2.
77% of companies in Singapore have no female independent directors
While 20% of companies in Singapore have 1 female independent, there are no companies in Singapore with 3 female independent directors.
Singapore ranked 6th most popular global destination to relocate to
USA ranked first as 18 percent of the respondents chose USA while only 5 per cent chose Singapore.
Demand for infocomm manpower grew 10% in 2010
From 143,500 in 2009, demand for infocomm manpower in Singapore, which includes those employed and job vacancies, grew to 157,400 in 2010.
Productivity and innovation boosted with tax deferral
Companies that tap the Productivity and Innovation Credit scheme can defer paying their taxes for a year.
Singapore's oil and gas market about to boom
Day rates for local labour for Oil & Gas in Singapore have almost doubled in the last year.
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