Several studies came out over the last week supporting the importance of employee engagement especially for companies in APAC.
Having a look at the unemployment rates in the region, it is clear that the market in 2018 will become even more candidate-driven. Singapore’s unemployment rate is forecasted to remain around 2.1% while it has just been announced that Malaysia’s decreased to 3.3%.
At the same time, Singapore is still the number one to compete for talent according to the Asia Pacific Global Talent Competitiveness Index 2018. Six Asia-Pacific countries rank in the top 30: Singapore is first (and second globally), followed by Australia (11th), New Zealand (12th), Japan (20th), Malaysia (27th) and South Korea (30th).
It is now the time more than ever to engage your employees and promote your employer brand.
I selected several articles to get you inspired how to raise employee engagement, retain your staff and attract the best talent. Your company is not taking care of your career development? The last article is for you.
1. Increase Employee Engagement By 300% With This Daily Practice
It’s time for leaders to adapt and give feedback that is more humane, less awkward, more timely.
2. Why Many Leaders Don’t Understand That Employee Engagement Drives Revenue Growth
It’s a three-part “chicken or egg” question: which stakeholder group should leaders focus on first: customers, employees or investors?
3. Employee Surveys Are Still One of the Best Ways to Measure Engagement
Who needs a clunky, time-consuming survey where some employees only tell you what you want to hear, and others don’t bother to respond at all? You do. For decades, having regular employee opinion surveys has been on evidence-based lists of high-performance HR practices. Our internal research at Facebook suggests that for three reasons, it would be a big mistake to abandon them today.
4. 6 Ways to Take Control of Your Career Development If Your Company Doesn’t Care About It
We are now in the era of do-it-yourself career development. Companies less frequently offer formal training — a trend that has been around for years. This may be because employees change jobs so frequently (job tenure now averages about four years) that firms don’t see the value in investing in people who are likely to leave. Learn about 6 things you can do to take control of your career development.
BONUS: The World’s Most Talent Competitive Countries, 2018
“The capacity to leverage diversity requires bold and visionary leadership – at the level of organisations, cities, and nations. In this regard, cities are perfect labs. In many cities around the world, promoting diversity has led to significant advances, especially from the point of view of inclusion: concepts such as ‘inclusive prosperity’ or ‘smart cities’ need to be revisited from that particular angle. These concepts provide ample room for concertation with local stakeholders,” underlines Bruno Lanvin, co-editor of the report.
