According to a new survey by recruiting firm Robert Half Singapore, Singaporean businesses are spearheading changes in their workplaces environments and hiring practices to better attract millennials.The study, which involved 100 chief financial officers (CFOs) and finance directors in Singapore, indicates that 59% of their companies have increased multi-generational collaboration, while four out of 10 instituted reverse mentoring programmes.Meanwhile, almost half (53%) have adapted their hiring processes to attract top candidates.But why all this effort?According to the research, Singaporean businesses see millennials bring the following qualities to into the workplace:Better soft skills, such as communication and problem-solvingIncreased flexibility around working hours and working from homeMore open-mindedness towards transparency and collaboration to foster best-practices sharing.“Millennials thrive in a flexible and transparent workplace, and remuneration is not always their top priority, so employers will need to adjust their hiring practices and tailor their talent management programs to attract the workforce of the future,” said Matthieu Imbert-Bouchard, Managing Director of Robert Half Singapore.“Singaporean workplaces are invariably multi-generational; however the workforce will inevitably be dominated by millennials as Baby Boomers gradually retire. In the midst of this transition, companies will need to adopt multi-generational collaboration and (reverse) mentoring programs as a way to share best practices and knowledge.”
Hours after Donald Trump’s Inauguration, a post appeared on the official White House petitions page, demanding that he release his tax returns. In only a few days, it gathered more signatures than any previous White House petition. The success of the Women’s March had shown that themed protests could both mobilize huge numbers of people and hit a nerve with the President. On Easter weekend, roughly a hundred and twenty thousand people protested in two hundred cities, calling for him to release his tax returns and sell his businesses. On Capitol Hill, protesters chanted “Impeach Forty-five!” In West Palm Beach, a motorcade ferrying him from the Trump International Golf Club to Mar-a-Lago had to take a circuitous route to avoid demonstrators. The White House does all it can to keep the President away from protests, but the next day Trump tweeted, “Someone should look into who paid for the small organized rallies yesterday. The election is over!”
Over the past couple of weeks, we’ve been talking about the U.S. Department of Labor (DOL) proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). Attorney Jonathan Segal with the firm Duane Morris LLP shared his knowledge about the proposed changes to the salary basis threshold and the primary duties test. I hope you get a chance to review those posts because there’s lots of important information to consider.
A new study signals that employers may need to focus leadership training on frontline managers and supervisors rather than VP-level directors.