Hey friends,
Something many Singaporeans take for granted is our low unemployment numbers. This is reflected in our record low retrenchment numbers too as per advance estimates by the Ministry of Manpower (MOM). Businesses are doing better and there are more jobs than people who can fill them. This is why companies are turning to all forms of benefits to retain their talents. Paid sabbaticals are the flavour of the month. And why not? If people leave to go on their own sabbaticals, they likely will never return to the company. By angling it as a temporary departure, this talent has a chance of returning and contributing to the business. Any other new benefits that you are seeing sprouting outs? Drop me a reply and let me know. P.S. There will be no newsletter for next week as I will be travelling. Have a great week ahead! 
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Felix Tan is the co-founder & CEO of Skilio, an edtech startup that helps youth build up future-ready skill sets that are attractive to employers. As a student entrepreneur, Felix started Skilio in his freshman year in university and has since helped the startup grow 11x in average recurring revenue and 14x increase in user base. He is passionate about the space of youth development and education. As a lead trainer at Reactor School, a leading provider of entrepreneurship education to youth from 13 to 24, Felix has clocked over 300 training hours, equipping youths in Southeast Asia with entrepreneurship skills. In his spare capacity, Felix also volunteers to mentor youth in areas of entrepreneurship and soft skills development. What we discussed: - Why companies have always been using academic qualifications as a prequalifying criteria
- Benefits of skills-based hiring
- Is skills-based hiring only suitable for Gen Z?
- Can skills-based hiring be applied to jobs that are soft skills heavy?
- And many more…
Apart from minimising costs and maximising revenue, every business’s goal is to increase workplace productivity. The more productive the company is, the easier it is to boost its profits. Here are some tried and true strategies that will increase your business’s productivity.
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Count the number of apps and platforms you are using now in your work.
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I couldn't believe it but my first online course is finally live! With a self-imposed deadline to go live in April, I thought I couldn't make it as work commitments and renovation noises disrupted my schedule. But with the same intensity of binge-watching a favourite Netflix show, I binge through the rest of the production work, figured out Teachable (I think) and got the course out in the world. Click on the picture to learn more about the course. 🙏🏻 | 