Singaporean Firms Have No Plan for Retrenchment, But Reduce Recruitment Budget and Focus on Employee Training

Singaporean Firms Have No Plan for Retrenchment, But Reduce Recruitment Budget and Focus on Employee Training


Companies in Singapore are decreasing recruitment budget while enhancing training and development initiatives to cope with the impact of the coronavirus pandemic (COVID-19) on businesses.  This is according to Mercer’s new Pay & Bonus Pulse Survey, which provides an overview on how COVID-19 has impacted human resources budget allocation as well as salary and bonus […]
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Date: 3rd April 2020 at 21:01
Author: hrinasia – Nurlita

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Talent Scout, Human Resource Management, Talent Management , Learning & Development, Organisational Development, Change Management, Psychology, Neuropsychology.

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