The Great Resignation, as it is widely called, has created a great war for talent across businesses. Singapore is not spared and its HR industry is noted as the third highest to likely see attrition at 71%. As this rate goes up, it‘s not inevitable that one of the reasons include ‘rewards and benefits‘. At the onset of crises, many businesses had to freeze several salary increments and incentive programs. According to a study by Randstad, “7 in 10 survey respondents in Singapore ranked ‘attractive salary & benefits‘ as the most important employee value proposition.” Another notable emphasis made was on tech upskilling due to the continuous increase in the scarcity of talents with proficiency in technology, automation, and analytics, creating a gap in many areas of processes. To address this, the Singapore government partnered with a particular provider offering a program and training that improves digital skills like cloud technology and digital marketing. 

As many parts of the world transition back to the way they used to operate and as businesses recuperate from their losses, they are taking a look back on the areas that were halted due to the drastic effects of the restriction. 

On its 12th, Rockbird Media‘s HR Leaders Asia 2022 is back in Singapore for all HR practitioners to get to grips with fellow experts and leaders as the pressing issues and concerns that revolve around the workforce continue to change the landscape. Through a format that values time and an agenda with relevant content, we bring you an experience beyond compare.