In 2020, Singapore’s Ministry of Manpower recognised this challenge. It launched the HR Industry Transformation Plan - a five-year initiative to equip HR practitioners with the skills needed in the digital business landscape.

While it's heartening to have government support, HR teams must look closer at themselves. This involves identifying what needs to be fixed and recognising untapped opportunities to elevate their function and the broader workforce.

Singapore has long attracted many foreign workers, entrepreneurs, and investors. Top-quality infrastructure, access to international markets, and open trade policies are just some of the reasons why international professionals are keen to invest in Singapore’s vibrant business landscape.

The so-called ‘September Surge’ has generated a lot of buzz in recent months - five billion views on TikTok, to be exact. As a result, jobseekers have been preparing for a dynamic job market, with organisations ramping up their hiring at unprecedented rates. The concept is seen as a saving grace by job seekers and recruiters alike, who have been stifled by reduced headcounts and a passive job market over the last few years.

But here’s the twist – does the September Surge even exist? Some experts debate whether it’s real, emphasising that there are other times of the year to pay just as much attention to.

The modern world has disrupted the notion of a stable and predictable career path. Technological advancements, political instability and the pandemic have given way to a volatile and ambiguous job market felt by individuals, companies, and economies globally.

So, how is Singapore tackling the fluctuating job market? The answer lies in a simple yet highly effective solution: ‘second skilling’.

Amidst the evolving landscape of Singapore's labour market, two prominent reports have shed light on the prevailing trends shaping the nation's workforce in 2023.

In recent years, the four-day workweek concept has garnered global attention with growing adoption among organisations worldwide. Many employers were forced to re-evaluate traditional work structures to boost productivity, support employee well-being and cultivate a healthier workforce.

Executive search is a highly competitive and dynamic industry that faces many challenges and opportunities over the next decade due to changes in workplace culture, leadership trends and technology. With AI's role and potential impact on business, it is logical to wonder how this technology will impact executive search in the foreseeable future.

As a business owner, you may want to make thoughtful, informed decisions that drive your business forward. No tool is more helpful with this than management reports, yet many new business owners overlook some of their most essential benefits.

The long-term impact of this intense period, the Covid “hangover”, is triggering senior executives in Singapore to re-evaluate their career paths and goals. Following years of lean staffing, insufficient resources and increasing workloads, senior leaders are weighing their prospects and exploring job opportunities to help develop their leadership skills, advance their careers, and pay. As a result, many senior executives are turning to executive search service providers like Accela Talent to gain insights into the current job market. a clear plan to acquire, train and retain the talent necessary to meet those needs.

Done properly, strategic workforce planning sets organisations up for success by ensuring that today's workforce is aligned with tomorrow's business objectives. Senior leadership and human resource teams collaborate to define future human resource needs, producing a clear plan to acquire, train and retain the talent necessary to meet those needs.