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Ahead of Budget 2024, here s what employers and workers in Singapore should know

Citing “tough times ahead”, NTUC and SNEF have called out an urgent need to introduce transition support for displaced workers, keeping in mind the recent and upcoming retrenchment trends.

Chee mengRobert yapNational trades union congressCompany training committees ctcsSingapore national employers federationBudget statementCareer conversion programmesQueen beeCompany training committeesBudget 2024Job support

Retrenchments likely to increase in 2024, NTUC calls for support package for displaced workers

40 per cent of respondents in an annual NTUC survey felt they were likely to lose their job in the next three months.

Ng chee mengChee mengRobert yapCompany trainingEconomic sentimentsMinistry of manpowerWorkers unionNational trades union congressSingapore national employers federationSecretary generalFood drinksAllied workers unionTan see lengTraining committees

Singapore employers see training as most effective way of keeping mature workers employable

Yet, when asked about the measures currently practised in their organisations, a majority cited flexible work arrangements 48%), while training plans ranked sixth (28%).

Ng chee mengBita seowChee mengPatrick tayTsao foundationNational trades union congressTsao foundation deputyMinistry of manpowerPlacement ecosystemStrategy director patrick tayGeneral ng chee mengMature workersAture workers in singaporeNational trades union congressMployment of mature workers

NTUC, SNEF working to soften blow of more layoffs in 2024

They call for collaboration from bosses and workers in this effort. Read more at straitstimes.com.

Chee mengRobert yapNg chee mengLawrence wongSingapore national employers federationMinistry of manpowerNational trades union congressDeputy prime ministerFinance minister lawrence wong

Ways to give greater support to employees who have caregiving responsibilities

One of the recommendations is to ensure that FWA policies are flexible enough to cater to the needs of different caregivers and their loved ones.

Ng chee mengChee mengSingapore national trades union congressNational trades union congressEveryworkermatters conversationsGeneral ng chee mengChye thiam maintenanceTripartite guidelinesTripartite standardsUnpaid leaveUnexpected care needsLoved onesNg chee mengGary liew

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