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Singapore – 2018 Total Workforce Index™ Country Profile Article

Singapore leads the Asia Pacific with similar workforce potential to Australia. Increased levels of language proficiency and the quality of the labor along with a very favorable regulatory environment outweigh the higher costs associated with this labor market for specific types of engagements. As Singapore continues to mature it has enhanced labor laws to create a viable and strong...

Rankings by Category: Regulation – 2018 Total Workforce Index™

Regulatory Overview While each of the category rankings looks at a single aspect of the labor force, the regulatory framework of a labor market is potentially the most influential overall as it impacts each of the other categories to some degree. The top markets for regulatory ease are certainly not the largest workforce economies, and the maturity of their regulations...

2018 Total Workforce Index™ Top 25 Market Rankings

Top 25 Markets for Total Workforce Engagement Most of the markets in the top 25 (excepting however, those in the top 5) are in Europe, which continues to have many of the world’s more mature workforces. Despite similar total scores, these markets have a diverse set of characteristics and workforce metrics. Some boast mature workforces in addition to more flexible regulations,...

2018 Total Workforce Index™ Top 10 Market Rankings

Top 10 Markets for Total Workforce Engagement The markets that rank highest in the Total Workforce Index™ are those with the highest relative performance across all four categories. The ability to perform well across two or more of the four main categories, in addition to having a minimal regulatory impact and large workforce availability, make these five markets the most...

Singapore – 2017 Total Workforce Index™ Country Profile Article

The employment rate of residents aged 55-64 in Singapore increased to 67% in 2016. Singapore has one of the most experienced workforces in the world, but it is aging more rapidly each year. This shift in the average age of its workforce is beginning to have other workforce related repercussions. While this is both an inspiring and unique phenomenon,...

Top Five Markets Comparison – Total Workforce Index™

Top 5 - Overall The highest ranked markets in the Total Workforce Index™ are those with the highest relative performance across all four categories. When all four categories were weighted equally, and the ManpowerGroup Solutions’ proprietary formula was applied to the more than 90 unique factors considered by the Total Workforce Index™, New Zealand, Hong Kong, Singapore, the United States...

Rankings by Category: Regulation – Total Workforce Index™

Regulatory Overview Regulatory overview is a relative comparison of how restrictive the legislation is for hiring practices in the selected workforce. Regulatory factors influence both sourcing and hiring practices as well as the potential of a market to yield productivity and cost efficiency. When a market is heavily regulated but highly cost efficient with respect to wage levels, it may...

2017 Total Workforce Index™ Rankings

Top 10 Markets for Total Workforce Engagement The top 10 markets, based on the rankings of the Total Workforce Index™, are led by three APAC region markets: New Zealand, Hong Kong and Singapore. Rounding out the top five are the United States and Canada, both in the Americas region. Worth noting is the fact that the overall rankings are influenced equally...

Singapore: Highly Productive Workforce and Skilled Talent Pool

Government incentives to hire Singaporeans will add another advantage to tapping into what is already one of the most attractive contingent labor pools in Asia, especially with regards to higher skilled positions. Singapore’s move to reduce its dependence on migrant workers and increase employment opportunities for its citizens should prove beneficial to employers looking to tap into the country’s highly productive source of contingent labor across...

Singapore: Steady yet Slow Growth in the APACs Most Developed Economy

Singapore remains the APAC region’s most developed economy. Growth in this market is steady but modest. Staff turnover and inflation are relatively low, as they are in most mature markets. However, the demand for talent, especially workers with digital skills, far outweighs the supply afforded by the labor pool. This trend of a shortage of technically skilled candidates shows...