Serious How Can SME Towkay John Tan Retain His Talented Staff? Hire More CECAs And Jiuhukias?

[JohnTan]

SINGAPORE - Talent acquisition and retention are the biggest challenge faced by small- and medium-sized enterprises (SMEs), said more than half of surveyed executives, according to a report by the World Economic Forum (WEF) published on Tuesday (Nov 30).

The results were derived from an analysis of more than 200 peer-reviewed articles and engagement of more than 300 chief executive and founders of SMEs globally through surveys and in-depth interviews.

SMEs struggle to create appropriate development opportunities and career paths for their employees, making it difficult for executives to attract and keep talented employees, said the report.

In Singapore, SMEs (defined as companies with annual turnover of less than $100 million or with no more than 200 employees) employed 70 per cent of the workforce here last year.

To overcome the challenges of attracting and keeping talented staff, SMEs can offer opportunities beyond tangible rewards, such as creating a unique vision, culture and tailored self-development opportunities for their workers, said the report.

This is especially important to the new generation of workers who have a growing preference for engaging with companies that have missions centred on positive societal impact, it added.

Societal impact is measured by the extent to which companies pursue sustainable development goals, which aim to address global challenges such as climate change and inequality.

The report found that the three key characteristics of SMEs that respond to shocks and seize opportunities amid disruption are the ability to maintain sustainable growth, the drive to create positive societal impact from their business outcomes, and their adaptive capacity to bounce back in difficult times.

“We hope this will inspire and encourage SMEs and mid-sized companies to harness their potential in becoming a major driver of sustainable and inclusive economic growth and innovation by focusing on several core dimensions of future readiness,” said WEF president Borge Brende.

https://www.straitstimes.com/business/challenging-for-smes-to-acquire-retain-talent-wef-report

 

[laksaboy]

If you treat them like shit, of course you wouldn't retain them. Even the nurses are dulan now.

 

[red amoeba]

Greedy REIT and high rentals are the main culprits don't blame workers.

 

[Loofydralb]

Greedy REIT and high rentals are the main culprits don't blame workers.

These towkays live lavishly in multiple condos and drive around in lambos while the other cars are kept at home.
KNNBCCB. Pay them more la!

 

[JohnTan]

Greedy REIT and high rentals are the main culprits don't blame workers.

I made the wise move years ago to buy my office premises in the industrial estates. Saved me a lot on rental and the property value has gone up quite a lot.

 

[zeddy]

Hire more Banglas!

 

[tanwahtiu]

View attachment 128107

SINGAPORE - Talent acquisition and retention are the biggest challenge faced by small- and medium-sized enterprises (SMEs), said more than half of surveyed executives, according to a report by the World Economic Forum (WEF) published on Tuesday (Nov 30).

The results were derived from an analysis of more than 200 peer-reviewed articles and engagement of more than 300 chief executive and founders of SMEs globally through surveys and in-depth interviews.

SMEs struggle to create appropriate development opportunities and career paths for their employees, making it difficult for executives to attract and keep talented employees, said the report.

In Singapore, SMEs (defined as companies with annual turnover of less than $100 million or with no more than 200 employees) employed 70 per cent of the workforce here last year.

To overcome the challenges of attracting and keeping talented staff, SMEs can offer opportunities beyond tangible rewards, such as creating a unique vision, culture and tailored self-development opportunities for their workers, said the report.

This is especially important to the new generation of workers who have a growing preference for engaging with companies that have missions centred on positive societal impact, it added.

Societal impact is measured by the extent to which companies pursue sustainable development goals, which aim to address global challenges such as climate change and inequality.

The report found that the three key characteristics of SMEs that respond to shocks and seize opportunities amid disruption are the ability to maintain sustainable growth, the drive to create positive societal impact from their business outcomes, and their adaptive capacity to bounce back in difficult times.

“We hope this will inspire and encourage SMEs and mid-sized companies to harness their potential in becoming a major driver of sustainable and inclusive economic growth and innovation by focusing on several core dimensions of future readiness,” said WEF president Borge Brende.

https://www.straitstimes.com/business/challenging-for-smes-to-acquire-retain-talent-wef-report

Tannie, when did u retire from civil serpent? You don't run a small SME.... cut your bs...

 

[sweetiepie]

Onlee losers are willing to be slaves for the sme and contributing to the success of the company. Wise men like my uncle hide in large organisation collect celery every month without the need to work much.

 

[Datingafter35]

Certificates are the reason why employees pay why they pay. Its no wonder most wouldn't go through the hassle of paying exorbitant fees to get certified.

 

[Datingafter35]

Greedy REIT and high rentals are the main culprits don't blame workers.

Be like them or stay away from them. Do not resent them. You are giving your power away.

The best revenge is to be better for yourself. You die alone. Only what you do stays in your dying breath.

 

[JohnTan]

Tannie, when did u retire from civil serpent? You don't run a small SME.... cut your bs...

There's little money to be made in Singapore's civil service. PAP has a a zero tolerance on corruption. Better to join private sector and set up your own bizness instead like I did.

 

[syed putra]

Talented people will not stay in catering business. They open their own joint.

 

[tanwahtiu]

View attachment 128107

SINGAPORE - Talent acquisition and retention are the biggest challenge faced by small- and medium-sized enterprises (SMEs), said more than half of surveyed executives, according to a report by the World Economic Forum (WEF) published on Tuesday (Nov 30).

The results were derived from an analysis of more than 200 peer-reviewed articles and engagement of more than 300 chief executive and founders of SMEs globally through surveys and in-depth interviews.

SMEs struggle to create appropriate development opportunities and career paths for their employees, making it difficult for executives to attract and keep talented employees, said the report.

In Singapore, SMEs (defined as companies with annual turnover of less than $100 million or with no more than 200 employees) employed 70 per cent of the workforce here last year.

To overcome the challenges of attracting and keeping talented staff, SMEs can offer opportunities beyond tangible rewards, such as creating a unique vision, culture and tailored self-development opportunities for their workers, said the report.

This is especially important to the new generation of workers who have a growing preference for engaging with companies that have missions centred on positive societal impact, it added.

Societal impact is measured by the extent to which companies pursue sustainable development goals, which aim to address global challenges such as climate change and inequality.

The report found that the three key characteristics of SMEs that respond to shocks and seize opportunities amid disruption are the ability to maintain sustainable growth, the drive to create positive societal impact from their business outcomes, and their adaptive capacity to bounce back in difficult times.

“We hope this will inspire and encourage SMEs and mid-sized companies to harness their potential in becoming a major driver of sustainable and inclusive economic growth and innovation by focusing on several core dimensions of future readiness,” said WEF president Borge Brende.

https://www.straitstimes.com/business/challenging-for-smes-to-acquire-retain-talent-wef-report

Table-top job for ahneh... steal jobs from girls... sad...

 

[myfoot123]

If you treat them like shit, of course you wouldn't retain them. Even the nurses are dulan now.

Briefly, most bosses are SHITTY. Don't expect PAP, whom most scholars do not worked in private sector, to understand true life story outside the civil service.

 

[myfoot123]

I made the wise move years ago to buy my office premises in the industrial estates. Saved me a lot on rental and the property value has gone up quite a lot.

You should consider offering your daughter to CECA in order to retain them.

 

[SinghSons]

You should consider offering your daughter to CECA in order to retain them.

plus his mother and grandmother

 

[laksaboy]

Bosses who always assume the worst of their employees tend to be not very good. It could be a self-fulfilling prophecy.

 

[mojito]

Nonono. U do that to create more jobs for sinkies.

 

[myfoot123]

Bosses who always assume the worst of their employees tend to be not very good. It could be a self-fulfilling prophecy.

They usually followed our Tripartite's assumption as a guide. Remember when lies are repeated over more than a decade, it became a blood oath against its own citizen. PAP has never considered Singaproeans first, nor core, in every foreseeable settings. other than the National Service. It is a self-served party economic and is not a hidden secret. To blame the boss, we miss the real fox inside the chick coop.

 

[laksaboy]

They usually followed our Tripartite's assumption as a guide. Remember when lies are repeated over more than a decade, it became a blood oath against its own citizen. PAP has never considered Singaproeans first, nor core, in every foreseeable settings. other than the National Service. It is a self-served party economic and is not a hidden secret. To blame the boss, we miss the real fox inside the chick coop.

'Tripartism' is one of the biggest scams to have ever been forced upon Sinkies. Once that is accepted, it must also be accepted that there are absolutely no conflicts of interest in ALL other things. From the Brompton bike scandal to the judiciary. It is now the norm.

They're so convinced of their own bullshit, a small road in Geylang Bahru was named 'Tripartite Way'.