Category Archive For "Employee Benefits"
Singapore’s Budget 2025 – What HRs Need to Know
Singapore’s Budget 2025 outlines several initiatives aimed at supporting businesses and strengthening the workforce. This Pacific Prime CXA article highlights key points relevant to HR professionals, particularly focusing on measures to enhance workforce capabilities, support older workers, and boost HR certification—all in the context of a changing economic landscape. 1. SkillsFuture Workforce Development Grant One …
Malaysia and Singapore to Launch the Johor Economic Zone and What It Means to Expats
An agreement signed by leaders of Malaysia and Singapore on 7 January 2025 launched the creation of the Johor-Singapore Special Economic Zone (JS-SEZ). With JS-SEZ, expats could expect better cross-border mobility, reduced business red tape, and more investment opportunities. Johor Bahru and the Iskandar Malaysia region have enjoyed vibrant economic ties with Singapore. JS-SEZ is …
Burnout Prevention Tips for Small Business Owners.
According to a study by Walmart Business, a staggering 70% of small business owners experience burnout at least once per month while only 10% feel they’ve taken enough time off. This study makes it clear that burnout is the one true obstacle to achieving a healthy work-life balance. This Pacific Prime CXA article will discuss …
Effective 2026: Singapore’s New Retirement and Re-Employment Age
Earlier this year, the Singapore government announced its new retirement and re-employment age policies, both of which will come into effect in 2026. These guidelines will see the retirement age raised to 64 and re-employment age raised to 69. This Pacific Prime CXA article will delve into Singapore’s updated retirement and re-employment age according to …
Singapore’s Upcoming Mental Health Guidelines for Employers
Employers looking to support their staff amidst mental health challenges will be able to use a set of guidelines from the Workplace Safety and Health (WSH) Council, which will be launched in the first quarter of 2025. The guidelines were announced at an awards ceremony on October 1st, 2024. This Pacific Prime CXA article will …
Employee Burnout: A Crisis at an All-Time High
Employee Burnout, defined as a syndrome resulting from chronic workplace stress, has reached unprecedented levels globally and in Singapore, unsurprisingly. The state of physical and mental exhaustion, loss of work-life balance, and satisfaction are no longer individual issues but a full-blown organizational crisis. Wonder what is the current state of employee burnout at the workplace? …
Paycheck Pressure: How Financial Stress Crushes Employee Productivity
Work needs to be done and bills need to be paid. An employee must grapple with the reality of life as soon as they sign the dotted line to work for a company, committing a significant portion of their time to make ends meet. But what happens when they can’t cover all their expenses? Stress …
Parental Stressors That Can Impact Mental Health and Well-Being
Parenting is a rewarding yet demanding journey, filled with emotional highs and lows. However, certain stressors can significantly impact a parent’s mental health and well-being. From financial pressures to time constraints, understanding these challenges can help develop strategies to manage stress effectively. If you’re a parent struggling with numerous stressors, fret not; first, let us …
Key Highlights of Singapore National Day Rally 2024
The National Day Rally (NDR) is a significant event in Singapore’s political calendar, where the Prime Minister outlines the government’s vision for the future and announces key policy initiatives. In 2024, Prime Minister Lawrence Wong delivered his first rally, highlighting a range of initiatives that will further enhance the competitiveness and attractiveness of Singapore on …
Skills-Based Hiring Is Becoming More Popular with Employers
In the past year, there was a 12% increase in the adoption of skills-based hiring. Since May 2024, 28% of job listings have since phased out specific educational requirements in favor of hiring based on skills instead. While this hiring practice is traditionally seen in blue-collar jobs, the shift to skills-based hiring is now becoming …
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