Oct 29 2018
“Singapore has a thriving job market. But, its employee turnover rate is among the highest in Asia Pacific. According to a 2018 report of Workday, 46% of Singaporean employees are planning to leave their jobs within a year.”
Singapore has a thriving job market. But, its employee turnover rate is among the
highest in Asia Pacific. According to a 2018 report of Workday, 46% of
Singaporean employees are planning to leave their jobs within a year.
The Chief Human Resources Officers (CHROs) have always known that engagement is
crucial to retain talent. They now have innovative HRTech products to help them
get employee feedback real time, recognize their performance quickly, and take
up other action points involved in talent engagement. The HR teams can also
capture relationship data, wellbeing data, and sentiment data of employees
seamlessly. In fact talent engagement solutions and workforce analytics are
among the fastest growing HR tech solutions in Singapore.
But the market for the other segments of the HR tech is growing too and
businesses are moving up the value chain--from compliance-driven tools (such as
payroll processing), to automation and AI tools that provide actionable insights
in talent management. No wonder, there are 100 plus HR tech start-ups that are
creating niche solutions across the broad HR tech categories of Talent
Acquisition (sourcing and hiring); Talent Development (learning and
development); Talent Engagement (employee relations and performance management),
Talent Operations (payroll, mobility), and Talent Rewards (compensation,
benefits, and wellness).
As Kelly Services 2018 Singapore Salary Guide highlights: “As with the many
industries they support, disruption may come to the manpower industry, with
automation opportunities for many HR tasks in the form of digital solutions. HR
professionals need to keep up, and leverage on these to help them improve their
recruitment processes and for HR consultants, provide the right advice for firms
looking to automate.”
With this blog, hrtech.sg is committed to track the happenings in the HR tech
industry in Singapore and present the news and views CHROs can benefit from.
Singapore’s HRTech Start-ups attract more VC funding in Sep 2018!
we will get in touch shortly
Add upto 3 companies
You have already selected 3 MarketPlace
Shows only hrtech.sg recommended products
Ikigai Enablers Pte. Ltd. #05-95, 18 Boon Lay Way, Singapore -
Looking for Product Listing or Event Partnership ?
Write to Us