Innovation in HR: A pandemic necessity

Covid-19 has definitely revolutionized the way we know work to be; from meetings to Zoom calls, from an office job to working from home, and so many more transformations that we have to keep ourselves on our toes to adapt to. This disruption has forced the world to be on a desperate lookout for solutions that can allow businesses to continue being sustainable and productive through this fight for a new normal. 

To keep workforces engaged through the screens, companies have taken to innovative measures in order to boost the morale of their employees and manage the sluggish effects of working from home. Gamification in HR is the new player in town. In essence, gamification in businesses mean employing game like tools to strategically aggregate certain business processes. 

Today, gamification strategies are now employed in many aspects of a business, be it externally like attracting clients, or even internally within the talent management scene. One of the most common gamifications seen in businesses are applied in their training and re-skilling processes. Through such interactive measures like employing challenges, point systems, and luring rewards, this fun element introduced into a supposedly mundane task can prove to reap great metrics like increased participation rates, greater happiness, ultimately boosting the productivity of the employee.  

In recruitment, there are businesses who utilize gamification strategies to engage candidates and assess their competency through digital game tools. Companies like Google and Unilever have developed a system that incorporates games into the recruitment process. Instead of going through piles of resumes and structured interviews, such methods can break away from the conventional routine and introduce an unbiased system that can genuinely access candidates’ abilities and thought process. 

Undoubtedly, such digital strategies will still be unable to replace that human connection and engagement that this pandemic has starved businesses of. However, such innovations will pave the way towards an engaged workforce during such disconnected times. Businesses should strive towards understanding that proactive measures should be taken to help their employees get through these times instead of through any negative reinforcements.  

References: 

https://www.forbes.com/sites/forbesbusinesscouncil/2020/07/03/combining-gamification-and-human-resources-during-a-pandemic/?sh=6a92c88d577b

Malaysia: Advancing towards gender equality

As the society pivots towards an environment where females are recognized as equals to their male counterparts, the topic of gender equality has never been more relevant. In all levels within the society, removing barriers that oppresses women from their rights is a crucial movement that should be enforced across the world. 

The world has made considerable progress towards achieving gender equality, but despite progress made under the UN Millennium Development Goals, women are still facing the same issue across the labour markets around the world. In some parts of the world, there are laws that prevent women from working in certain jobs. Even if women get jobs, they face further obstacles such as the gender pay gap, pregnancy discrimination, and the list goes on. In essence, merely having employment opportunities is not enough to truly remove barriers for women. 

Taking a look at Malaysia, the Department of Statistics Malaysia (DOSM) released a report called Statistics on Women Empowerment in Selected Domains, Malaysia, 2021. Malaysia has expressly pledged their commitment towards promoting and achieving gender equality. Along with the Sustainable Development Goals as well as the Twelfth Malaysia Plan, there are policies that are aimed towards promoting equal employment opportunities for women. According to the Statistics on Women Empowerment in Selected Domains, the report showed that the overall gender equality in Malaysia has improved from 70.9% to 71.4% in 2020. The top three states that recorded the highest scores were W.P. Kuala Lumpur (85.3%), W.P. Putrajaya (79.3%) and Perlis (78.2%). 

It might be slightly bizarre to quantify gender equality, but these figures are presented through the Malaysia Gender Gap Index (MGGI) score. Essentially, the MGGI score identifies the gap across 4 key areas: economic participation and opportunity, educational attainment, health and survival as well as political empowerment. Based on the MGGI 2020 score, Malaysia currently ranks 74th among 156 countries around the world, and is also behind Singapore. 

Evidently, there is still lots of room for improvement in order for Malaysia to attain gender equality. This climb towards ensuring a level playing field for women is not an easy one, but it is a necessary fight. As long as there are continuous efforts from the government to prioritise this movement, gender equality need not be a faraway dream.   

References: 

https://www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=444&bul_id=eHMrcHQ4V1Irc0lRN0ZwM09TWDJvQT09&menu_id=L0pheU43NWJwRWVSZklWdzQ4TlhUUT09

Malaysia: Creating job opportunities as the way forward

Themed “Malaysian Family, Prosperous and Peaceful”, Malaysia’s Budget 2022 reflects an inclusive approach to focus on economic recovery and building national resilience. It is said to be in line with the policies and strategies outlined in the 12th Malaysia Plan, with RM233.5 billion allocated for operating expenditure, RM75.6 billion for development and RM23 billion to the country’s Covid-19 fund. 

With that, the nation’s recovery strategy is laser focused on creating job opportunities and providing extra support in promoting employment. Acknowledging the severe impact of Covid-19, an allocation of RM2 billion will be set aside under the Jamin Kerja Keluarga Malaysia initiative. This is to incentivize the hiring of those unemployed, as well as providing wage subsidies for employers who hire targeted groups of Malaysians.  

Specifically, for employers who hire Malaysians that have not been actively employed in jobs with a salary of RM1500 and above, they can receive wage subsidies of up to 20 percent of the monthly salary for the first 6 months. Subsequently, an additional 30 percent wage subsidy will be presented for another 6 months.  

For employers who provide employment opportunities for Malaysians categorized as disabled or are ex-convicts, employers will receive an additional 10% in wage subsidies of the monthly salary for jobs with a salary of RM1200 and above. Another notable positive move is extending this initiative to women who have been unemployed for more than 365 days, single mothers and housewives. All these efforts are to boost Malaysia’s employment opportunities for their citizens. Under the Jarmin Kerja Keluarga Malaysia initiative, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz announced that approximately 600,000 job opportunities will be created in the process. 

With this hiring initiative, the Malaysia Budget 2022 aims to help Malaysian citizens in the transition back into the workforce. At the same time, this assists businesses in their search for talent.  

References: 

https://www.pwc.com/my/en/issues/budget2022.html

https://www.nst.com.my/news/nation/2021/10/740880/600000-jobs-under-jaminkerja-initiative-nsttv

Singapore: A fertile land for startups

As the global economy moves towards gradual recovery, the business landscape is seeing more opportunities for growth. Despite the high levels of uncertainty during this pandemic, there is a notable surge in the launch of new startups taking advantage of changing consumer preferences. This growth momentum can be seen inching towards the tech industry, boosting more tech activity in Southeast Asia. The internet and digitalization has never been more relevant, and this is all shaped by the impacts of Covid-19. 

So, is Singapore a good environment to start a new business? According to money.co.uk, Singapore ranks as the 12th best city to launch a startup, clinching a score of 56.8 out of 100, compared to the top ranked city; Copenhagen, Denmark at 77.7. The calculations of these scores were determined through these 8 factors that influence the affordability and appeal of setting up a business in that location: 

  1. Business registration fees 
  1. Corporate tax rates 
  1. Employer social security rates 
  1. Number of coffee shops per resident 
  1. Average broadband download speed (Mbps) 
  1. The cost of renting one desk in a co-working space 
  1. Percentage of students 
  1. The city’s highest university ranking on the ‘Times Higher Education World University Ranking 2022’ 

Specifically in the tech landscape, Singapore emerges as the top country in KPMG’s 2021 global ranking of leading technology hubs outside of Silicon Valley/San Francisco. With Singapore’s high internet penetration coupled with relatively ‘low’ corporation tax and business registration rates, the city state seems to boast a conducive environment for startups to grow. 

This year, Singapore remains as the top destination in Southeast Asia for startup investments. Enterprise Singapore Chairman Peter Ong said that approximately SGD11.2 billion was raised during the first 9 months of 2021, which is more than double of the amount raised in the whole of 2020. The startup ecosystem in this small city is booming, and ESG’s investment arm – Seeds Capital – is looking to appoint 13 new venture capital firms as co-investment partners to continue supporting the growth of Singapore’s startup ecosystem.  

Undoubtedly, despite the positive outlook in the environment for startups, the common challenges that startups face continue to pose a threat to the survival of these new businesses. Finding the right talent to nurture and grow the business is one of the top hurdles that challenge startups’ survival. With time being such a precious currency for startups, it is crucial for them to formulate strategies that can get them connected with the right talents.  

References: 

https://www.money.co.uk/business-loans/startup-cities

https://home.kpmg/sg/en/home/media/press-releases/2021/07/singapore-tops-2021-ranking-for-leading-technology-innovation-hubs-kpmg-survey.html

https://www.businesstimes.com.sg/garage/switch-2021/singapore-based-startups-raise-s112b-in-9m-2021-more-than-double-the-whole-of

https://www.straitstimes.com/business/singapores-tech-start-ups-raised-53b-in-first-half-of-2021-up-from-34b-in-2020

Singapore: Policy changes to Singapore’s retirement and re-employment age & CPF

With Singapore seeing an increase in seniors aged 55 years and above within the resident labour force, there have been debates centered around statutory retirement age, CPF contributions et cetera, to extend support for these seniors to continue working to be more financially independent.  

On November 2nd, there were two key Bills that were passed in Singapore’s Parliament. These Bills surround amendments to the Retirement and Re-Employment age, as well as the CPF Act.  

Specifically, what do the main changes entail? 

  1. The retirement and re-employment age for Singapore workers will be progressively raised to 65 and 70 respectively, up from 62 and 67 currently. This process will start from 1st July 2022, with the retirement age being raised to 63 and the re-employment age to 68. 
  1. In line with this increase, the CPF contribution rate for senior workers aged above 55 to 70 years old will also be increased by 2 percentage points starting from 1st January 2022. This change was deferred for a year in light of the impacts of pandemic on businesses.  

According to the speech by Singapore’s Minister for Manpower Dr Tan See Leng, these two Bills would help Singaporeans better prepare for their retirement. With the increase in retirement and re-employment age, it introduces more flexibility for Singaporeans to work longer if they wish to. Not only that, with some amendments towards the process of payouts and contributions, it is now a more efficient process for Singaporeans to receive retirement payouts and navigate through their retirement journey with CPF. 

Despite the changes in the statutory retirement and re-employment ages, there remains no changes to the CPF withdrawal policies or ages.  

What does this mean for employers? 

Employers are recommended to make changes around their current processes to encourage a more age-friendly workplace. With more seniors being part of the workforce, it is vital for employers to join hands to support this movement towards an inclusive workforce. Employers should consider redesigning policies, jobs and trainings to provide an environment that help seniors remain employable and allow them to better adapt and contribute their strengths the best they can. 

Articles referenced: 

https://www.straitstimes.com/singapore/politics/retirement-and-re-employment-ages-will-be-raised-to-65-and-70

https://www.straitstimes.com/politics/national-day-rally-2019-retirement-age-to-go-up-to-65-older-workers-cpf-rates-to-be-raised

Singapore: Vaccination status as the new hiring requirement

Almost 2 years of living in this Covid-19 pandemic, we have all heard about it. How this pandemic has devastated economies, damaged industries, employment prospects, and even radically transformed the way we work. Here we are today, having a grasp of living with the pandemic. Vaccines have already been developed, people are going through hybrid work arrangements, and even travel is slowly opening up and picking its pace. We are all flowing with the rhythm, adjusting to the changes as it comes.  

In Singapore, the healing process has begun since the start of 2021. As the labour market takes slow and steady steps towards recovery, there are already some encouraging signs within Singapore’s employment scene. In a recent survey, the net employment outlook – a metric to gauge expected increase in employment levels – reflected a 15% increase, which is the highest Singapore has seen in 6 years. Despite the resurgence of Covid-19 cases in Singapore, hiring activity has reached an all-time high. However, a rising trend in recruitment now is the contentious topic of including vaccination requirement as a hiring requirement. 

The premise of setting a vaccine mandate is largely to promote the safety and well-being of employees, especially for those who have to return on-site. However, to companies that are struggling with hiring and retention challenges, these additional requirements can pose a new hurdle to cross. Although Singapore’s vaccination levels are considerably high with over 80% of the population already being fully vaccinated, employers must not neglect the fact that there are employees with underlying medical conditions, pregnancy-related reasons, or even religious beliefs that do not allow them to be vaccinated. This is why the vaccination mandate can get tricky, because it can escalate to a case of discrimination if it is not handled reasonably.  

Covid-19 vaccination in the workplace 

On this topic, the Ministry of Manpower (MOM) has offered some guidelines that employers can follow. In essence, reasonable accommodations must be undertaken for those employees with special considerations.  

Firstly, employers can only legally mandate vaccines with new hires if and only if all existing employees in the same role are also fully vaccinated. That means that employees have to enforce the same treatment with current employees before imposing this new requirement in their hiring practices. 

From 1 January 2022, unvaccinated employees will not be allowed at the workplace unless they have a negative Pre-Event Testing (PET) result. This cost is incurred at their own time and expense. For unvaccinated employees without special considerations, it is also up to the employers’ prerogative to allow them to continue working from home if the work is able to be performed at home. If however, the work is unable to be performed at home, employers can undertake some of these considerations:  

  1. Allow them to continue working with PET done at the employee’s own time and expense; or 
  1. Redeploy them to suitable jobs or roles that can be performed from home; or 
  1. Place them on no-pay leave or as a last resort, terminate them compliantly only if it is under the basis of their inability to be at the workplace to perform their contracted work dutifully. 

For unvaccinated employees with special considerations like certified medical reasons, they can be exempted from the workforce vaccination measures if they are unable to perform their work at home and redeployment of suitable jobs and roles is unavailable. In this case, employers should note that the absence of such employees from the workplace should not affect assessment of their work performance.  

Ultimately, as Singapore progresses towards an endemic, this topic of mandating vaccinations in the workplace will become more prominent. However, employers must carefully consider implementing any vaccination mandates in order to prevent any forms of discrimination. 

For more information with regards to MOM’s updated advisory, please refer to https://www.mom.gov.sg/covid-19/advisory-on-covid-19-vaccination-in-employment-settings. This article serves only as an extracted summary. 

Articles referenced: 

https://www.hcamag.com/asia/news/general/more-employers-in-singapore-mandate-vaccines-for-new-hires/313671

https://www.mom.gov.sg/covid-19/advisory-on-covid-19-vaccination-in-employment-settings

https://www.channelnewsasia.com/singapore/covid-19-vaccine-unvaccinated-public-civil-servants-unpaid-leave-psd-2285751

Remote recruiting: Is it for everyone?

Technology, the pandemic, the work-from-home arrangements, the pressure on businesses to transform their traditional working processes, and many other factors have shaped the world to look at remote working as the norm today. How did we get here? Remote hiring was not the go-to option 5 years back, but in less than a decade here we are today, accustomed to meetings that fit within a screen, and being decked in work appropriate wear on the top half and Pajamas on the bottom half.

All thanks to COVID-19 expediting this transformation towards remote working, it is apparent that remote working is here to stay. While this is a perk for many employees due to reasons such as flexibility and comfort, it also opens up a huge window of opportunity for businesses in terms of recruitment.  

This transition towards remote work means that businesses are no longer constrained by geographical boundaries. This is a major difference between remote recruiting and standard recruiting: the scaling of recruitment efforts into global markets. With working online becoming the norm, the whole process of recruitment from pre-screening to onboarding can now be done on a completely remote basis through technology. This means that businesses in industries with small talent pools can now expand their talent search and explore the talent pool from other countries.

While it can be such an advantage for businesses to hire a remote worker from another location, there is undoubtedly a caveat to it. Remote hiring is typically just an extension of your business team, which can be hard to manage given that the employee is situated in another geographical location. Because of that, remote employees do not enjoy the benefits that the local employees do, which covers national social contribution plans benefits, or medical insurance benefits. This could make working for your company less attractive. On top of that, the concern of disconnection and misalignment can prove to be challenging when you are managing employees from oceans away.

Another remote recruitment method similar to remote hiring is offshore hiring. The difference is that you hire the remote employee through an offshore hiring company, where they provide candidates tailored to your company’s needs. Not only that, the offshore hiring company will also provide local labour benefits from their entity, as well as manage them at their dedicated workspace. This is a popular method for companies who are looking at global markets but want to minimize the risks and uncertainty that direct remote recruitment might bear.

Ultimately, different companies have different recruitment needs and preferences. With remote work being the norm today, companies have more options to explore in their search of the perfect candidate. Our verdict is that remote recruitment might not suit every type of business, but it might be viable for businesses looking for short term projects or freelance work. As for a longer term project and commitment where close management of the employee is needed, employing an offshore hiring company can reduce uncertainties and yield better results compared to direct remote recruitment.

Singapore: Growing local talent

Early September this year, a new Jobs Taskforce has been assembled with the objective of helping boost the local talent scene for key sectors. As stated by Minister of Manpower Tan See Leng, there are three broad areas this initiative is targeting. One, to support locals in their career switch within the key sectors. Two, helping reskill existing workers to keep up with the growth and demands of their job in the key sectors, as well as three, advancing towards more progressive human resources management practices.

These key sectors cover 10 industries, namely infocommunications technology and media, financial services, and extends towards logistics, food services, retail, professional services such as accountancy, manufacturing, healthcare, wholesale trade, as well as built environment. The local talent crunch has always been a challenge for many Singaporean businesses, especially when it comes to looking out for talents equipped with digital and technology skills.

With this new Jobs Taskforce set up, it aims to involve various agencies like manpower, trade and industry, communications and information and coordinate their efforts in order to strengthen the growth of the Singaporean core in the sectors’ talent pool. As Singapore continues its fast-paced development in its economic plans, it further pushes the gap between the job demands and the skillsets of the current talent pool. Not only is it getting harder for the workforce to keep up with the jobs available today, it is also putting pressure on businesses to seek alternative options in building their workforce. 

Amidst COVID-19 and the weakened foreign labour conditions, the conversation about growing local talent sparked again, with the Singaporean Government pushing for employers to prioritize the hiring of local talents over foreigners. This is where certain industries struggle due to the imbalanced supply and demand of talents, and businesses will be disadvantaged if they are narrowed to the stiff competition of hiring from the small local talent pool within the industry.


All of these concerns and challenges form the core of what the Jobs Taskforce aims to tackle. As compared to the National Jobs Council, the Jobs Taskforce is taking a much more granular approach to understand the changing needs of these businesses in the identified sectors so they can help uncover skill shortages and the necessary solutions to fill the gaps. All of these builds towards the end goal of formulating policies that are tailored and well targeted to support the different groups.

References:

https://www.straitstimes.com/singapore/politics/new-task-force-to-help-spore-workers-get-jobs-in-10-key-sectors

https://www.channelnewsasia.com/singapore/new-jobs-taskforce-grow-local-talent-key-sectors-tan-see-leng-2152021

Singapore: Is Work Life Balance Possible?

Technology is great, that is undeniable. It has revolutionized the way we talk and communicate, covering every aspect of our lives, including work. Everyone is reachable via their mobile phones… too reachable, in fact. Helicopter parents hover over their children’s soldiers digitally, calling every hour or so, demanding to know their whereabouts. A call at 3am is either an inconsiderate friend, a fellow night owl, or an emergency. But a call from work? After work hours? That is just tiresome, but also a reality that many of us in the developed world have learned to grudgingly accept.

Which is why everyone is both envious and surprised whenever they find out about France’s “right to disconnect” law, a law that ensures an employee’s rights to not be contacted for work-related issues after work hours. This law draws a hard boundary between work hours and personal hours, a boundary that is even further eroded during pandemic times, where the days and hours just seemingly blend together. For Singaporeans, the erosion of this boundary sours whatever benefits working from home may offer.

As of late, Tripartite partners Ministry of Manpower (MOM), National Trades Union Congress (NTUC) and Singapore National Employers Federation (SNEF) have come up with several measures to boost work-life harmony within Singapore’s workplace culture. 

Employers now have access to a website with several resources to aid them carry out appropriate measures, as well as an online tool to identify workplace stressors. There is also funding from various programs available for companies wishing to do so.

However,  these moves do not seem to be quite enough, for an imbalance between work life and personal time goes beyond stressors in company culture. For instance, in order to save costs, an employee may be unfairly saddled with more work than they can handle, as compared to hiring yet another person. Of course, there are also issues such as annoying coworkers who do not respect personal space, or a clash in personalities in the office. Still, those issues could be forgotten as soon as one is out of the office, but what if one keeps continuing because of the heavy workload? Burnout and fatigue is knocking on the door.

Which is why companies should consider alternative solutions for their hiring needs. It is understandable that pockets for certain industries are tight during this pandemic, and that work from home makes it too easy to disproportionately distribute workload, but that does not mean things could not be better. What if,  by expanding the mind overseas to be open to wilder possibilities, everyone gets a chance at better work-life balance?

For companies in Singapore, offshoring tech hiring needs to Malaysia may be a win-win solution both for the wallet and the poor employees shouldering such heavy workloads. With lesser work to do, the employee may finally make it out of the office by sunset, hence improving work-life balance. With improved work-life balance comes benefits which include increased overall productivity, greater retention in job, and increased shareholder values too. All in all, perhaps offshoring may be an underrated solution. 

Sources:

https://www.straitstimes.com/singapore/tripartite-partners-strengthen-measures-to-improve-work-life-harmony-in-singapore

https://www.mom.gov.sg/employment-practices/good-work-practices/work-life-strategies

How the Pandemic Has Reshaped Hong Kong’s Businesses

Once a bustling spot for tourists from the mainland, the pandemic as well as subsequent measures means that Hong Kong luxury retail has lost a significant portion of consumers — tourists from the mainland.

However, businesses have to make a living after all, and so outlets belonging to Luk Fook Holdings and Chow Tai Fook Jewellery, both rivals in the same industry of selling jewels, have turned their eyes on local consumers, pushing out benefits and discounts to locals. Luk Fook Holdings is even working with a local e-commerce platform to set up its own shopping website.

For other industries such as F&B, the increase in domestic consumers due to relaxation of policies since February means that life goes on as usual for them.

Meanwhile, Hong Kong is still pushing full-steam ahead with the goal of becoming one of the next R&D giants in Asia… or at least, there are signs of it hoping to be. Hong Kong is actively recruiting tech talents across the world, through the Technology Talent Admission Scheme (TechTAS). This scheme allows companies to employ tech talents across the sea, going beyond borders to find the best tech talents suited for the company. The mainland government has also set aside funds especially for researchers based in Hong Kong universities. 

It’s clear that beyond stagnating as a retail heaven, Hong Kong is now pushing forward as a formidable force in the field of technology too. 

Reference:

https://www.straitstimes.com/asia/east-asia/chinese-tourists-disappearance-is-remaking-hong-kong-retail

https://www.itc.gov.hk/en/fund_app/techtas/about_techtas.html