Author Archives: RGF Social Team

INSPIRE a New Generation of Lifelong Learners

Embark on your career with SIT, Singapore’s university of applied learning. Be part of an organisation that prides itself on diversity, collegiality and performance excellence, and help shape a new generation of lifelong learners!

Singapore Institute of Technology (SIT) is Singapore’s university of applied learning. SIT is an autonomous university that develops best-in-class specialists with its unique pedagogy, integrating work and study. Offering a wide range of applied degree programmes targeted at growth sectors of the economy, SIT works in close collaboration with the industry to produce work-ready graduates.

We are seeking innovative educators in the Infocomm Technology discipline to join our faculty team.

Lecturer / Senior Lecturer / Assistant Professor / Associate Professor / Professor

You will be responsible for teaching undergraduate courses in the following areas and be involved in applied research work with the industry.

  • Information Security
  • Cyber Security
  • Digital Forensics
  • Security Governance
  • Risk and Incident Management
  • Software Engineering Lifecycle

Requirements:

  • A PhD or equivalent in Information Systems or Computer Science
  • Strong expertise in the areas of Security Governance, Risk and Incident Management, Mobile/Distributed Systems Security, Security Analytics, Software Optimisation, Software Management and Telematics (Intelligent Transportation Systems).

This is an exciting opportunity for you to be at the forefront of pioneering higher education in Singapore.

For more information, please contact Woo Hui Wen at huiwen@rgf-executive.com.sg or Sharon Kho at sharon@rgf-executive.com.sg EA Personnel Registration No. R1108034, R1324607

 

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Networking Opportunity in Hong Kong

Join us for an excellent networking opportunity in Hong Kong on 06 March 2018 and hear from the education professionals from SIT about The Changing Education and Technology Landscape in Singapore.

Singapore Institute of Technology (SIT) is Singapore’s university of applied learning. SIT is an autonomous university that develops best-in-class specialists with its unique pedagogy, integrating work and study. Offering a wide range of applied degree programmes targeted at growth sectors of the economy, SIT works in close collaboration with the industry to produce work-ready graduates.

To indicate your interest, kindly email Woo Hui Wen at huiwen@rgf-executive.com.sg or Sharon Kho at sharon@rgf-executive.com.sg. EA Personnel Registration No. R1108034, R1324607

We look forward to meeting you at the event.

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Networking Opportunity in Taiwan

Join us for an excellent networking opportunity in Taiwan, Taipei on 21 March 2018 and hear from the education professionals from SIT about The Changing Education and Technology Landscape in Singapore.

Singapore Institute of Technology (SIT) is Singapore’s university of applied learning. SIT is an autonomous university that develops best-in-class specialists with its unique pedagogy, integrating work and study. Offering a wide range of applied degree programmes targeted at growth sectors of the economy, SIT works in close collaboration with the industry to produce work-ready graduates.

To indicate your interest, kindly email Woo Hui Wen at huiwen@rgf-executive.com.sg or Sharon Kho at sharon@rgf-executive.com.sg. EA Personnel Registration No. R1108034, R1324607

We look forward to meeting you at the event.

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Regional Market Outlook Survey 2017 by Recruit Group (RGF/ Bó Lè Associates / BRecruit)

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YOU’RE INVITED
Participate & get a complimentary report (worth US$2,200)

Participate in Recruit Group (RGF/ Bó Lè Associates / BRecruit) Regional Market Outlook Survey 2017 and receive a set of the full report complimentary (worth US$2,200) after the responses have been consolidated and analyzed.

This is our inaugural annual regional survey which is a collaboration across few of our group companies which aims to gain an insight into trending regional HR best practices and challenges for the year. The survey would cover results from professionals like yourself across sectors.

Results of other surveys by the businesses have always been covered by various medias and can be found on our professional networking, social media and websites.

Our Regional Market Outlook Survey 2017 consists of approximately 30 key questions and would take less than 20 minutes to complete.

We look forward to your participation and thanks for your time.

Click to participate in the Market Outlook Survey

 

RGF Market Outlook 2017

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RGF’s annual Market Outlook study aims to look at the optimism of the market based on hiring plans. Responses to RGF’s Market Outlook Report for 2017 was consolidated in November and December 2016 via online and phone polls. We personally contacted approximately 500 professionals, consisting of C to director, senior and middle level management, where most of them hold regional portfolios. Respondents from different sectors were well represented.

For this edition of our study, we have included an additional section to gain an insight into upcoming challenges across sectors.

  • Consumer & Digital Media
  • Financial Services
  • Healthcare & Life Science/ Pharmaceutical
  • Industrial
  • Professional Services
  • IT&T

Highlights from the report:

  • Demand for Accounting & Finance talent has increased, 9% as compared to 6% in H2’2016.
  • Increased demand for Marketing/ PR/ Communications, BD/ Sales and legal talent.
  • Life Science/ Healthcare/ Pharmaceutical and IT&T remain optimistic.
  • Extreme responses from the Manufacturing/ Engineering/ Industrial sector.
  • Demand for digital talent is forecasted to fall by 50% compared to H2’2106.
  • Sectors which have  been impacted by economic slow down, change in consumer behavior and low oil prices have mostly decided to put a hold on headcount changes for 2017.
  • Sectors within Financial Services where increased hiring is expected would be compliance and FinTech where higher importance have been placed on security and data compliance. Projects that were put on hold previously would be expected to take place in 2017.
  • Compared to 2016, we see more sectors forecasting an increase in salaries, 42% as compared to only 4% in H1’2016 and 39% in H2’2016.
  • More organizations embraced non-monetary benefits such as providing exciting opportunities for growth, enhanced L&D programmes and flexible work, but we note that organizations are also still using pay increases to retain top performers which is critical especially in the current market situation.
  • Most respondents stated Economic Uncertainty (26%) as a major challenge for 2017, followed by Project Slow Down at 11% and Global Constricts (10%).
  • Persistent challenge which had been around for years is the War for Talent, driving the need to engage talent.
  • Although Big Data and Cloud Technology have been huge trending topics in 2016, from the responses we sense less urgency in ensuring Data Compliance.

 

Download full RGF Market Outlook 2017 Infographics

 

Most Singapore Managers Pessimistic About Market Recovery

41771014 - singapore - february 27, 2015: aerial view of benjamin sheares bridge, helix bridge and singapore flyer at marina bay, singapore. marina bay is one of the most famous tourist attraction in singapore.

Soft market conditions are causing business leaders and managers to approach 2017 with caution.

The economic downturn is causing many Singaporean managers and leaders to be uncertain of the year ahead.

Nearly 60% of some 500 Singaporean professionals from middle-level management to C-suite executives surveyed in RGF’s Market Outlook Report 2017, believe that their sectors are not expected to recover this year.

Results for the manufacturing, engineering and industrial sectors were polarising, with 32% indicating they were optimistic, but 39% saying they were pessimistic about the market outlook.

Energy and financial services were two other sectors that recorded significant negative outlook at 20% and 10% respectively.

There was plenty of optimism in the life science, healthcare, pharmaceutical and IT sectors, which was expected, due to increased foreign investments and support from the Singapore Government in 2016.

Hiring outlook results were largely mixed.

Nearly 75% of employers said they had plans to increase hiring by a small margin of less than 5%, while only 2% of employers said they plan to increase hiring by 50%.

In line with the increased investments, the life science, healthcare and IT sectors, have plans to increase headcount in 2017.

Sectors which have been impacted by the economic slowdown, changing consumer behaviour and falling oil prices, have mostly decided to put a hold on headcount changes for 2017.

The digital sector, for example, plans to decrease headcount by 21% this year.

According to the report, this is because most new players in Singapore would have completed setup in the first half of 2016. In 2017, companies will start to stabilise their operations and streamline processes.

 

Article covered on 20 Jan 2017: http://www.hrmasia.com/content/most-singapore-managers-pessimistic-about-market-recovery

RGF Singapore Sees Rise in Demand for Marketing and PR Talent in Latest Report

RGF Singapore sees rise in demand for marketing and PR talent in latest report

RGF Singapore has released its Market Outlook Report for 2017.

The Market Outlook study aims to look at the optimism of the market based on the hiring plans for each half of the year. Responses to RGF’s Market Outlook Report for 2017 were consolidated in November and December 2016 via online and phone polls. RGF Singapore contacted approximately 500 professionals, consisting of C to director, senior and middle level management, where most of them hold regional portfolios. Respondents from different sectors were well represented. For this edition of the study, the company has included an additional section to gain an insight into upcoming challenges across sectors.

  • Consumer & digital media
  • Financial services
  • Healthcare & life science/ pharmaceutical
  • Industrial
  • Professional services
  • IT&T

Taking into consideration the slow economic situation and uncertainty caused by the result of the US Presidential Elections, many sectors have taken a cautious approach of ‘wait and see’. The Singapore Government forecasted growth for 2017 to be between 1-3%. In 2016, the growth forecast was narrowed to between 1-1.5%.

Responses for 2017 did not come as a surprise pertaining to life science/ healthcare/ pharmaceutical and IT&T where these sectors remain optimistic due to increased foreign investments and support from the Government whilst energy and financial services remain pessimistic.

The company saw responses from extreme ends in the manufacturing/ engineering/ industrial sector where 32% were optimistic while 39% pessimistic. This might have been fuelled by recent increase of 11.9% in production index, yet some remain cautious. RGF Singapore saw an increase in demand for talent in these sectors to help push businesses, build a sustainable business plan and pipeline in 2017.

57% of respondents who mentioned that they were pessimistic about their sector believe that their sector is not expected to recover, whilst 33% were not sure and only 13% believed that there would be recovery.

Organisations that are increasing their headcount in 2017 plan to hire roles where 44% are functional, 27% technical, 15% within financial institutions and 15% others. There is increased demand for marketing/ PR/ communications, BD/ sales and legal talent as more organisations recognise the importance of building a strong brand to attract and sustain long term sustainable partnerships with clients and consumers, whilst building a strong business pipeline and ensuring that they adhere to legal guidelines. Demand for digital talent is forecasted to fall by 50% compared to H2 2016 as most new players in Singapore would have completed set up in H1 2016, thus RGF Singapore started to see tapering since H2 2016 which would continue through 2017.

Responses are consistent with the growth of the life sciences/ healthcare/ pharmaceutical and IT&T sectors where the company saw increased investments by global MNCs in Singapore. Sectors which have been impacted by economic slowdown, change in consumer behaviour and low oil prices have mostly decided to put a hold on headcount changes for 2017. Sectors within financial services where increased hiring is expected would be compliance and FinTech, where higher importance have been placed on security and data compliance. Projects that were put on hold previously would be expected to take place in 2017.

As compared to H1 2016 where the technology/ online (digital) is more aggressive in hiring, RGF Singapore started to see reduced hiring or reduced headcount from H2 2016 onwards as companies start to stabilize their operations and streamline processes.

In an annual research by Mercer, they reported that majority of Asia Pacific countries are forecasting higher salary increments for 2017 compared to 2016. Singapore is projected with a 4.1% increase, with Hong Kong a similar financial hub at 4.2%. Japan would receive the lowest increase of 2.2%, while India and Vietnam have high forecasted increases of 10.8% and 9.2%.

As compared to 2016, the company sees more sectors forecasting an increase in salaries, 42% as compared to only 4% in H1 2016 and 39% in H2 2016. Since the slowdown in economy a couple of years ago and strengthening of policies in hiring of foreign talent, more organisations embraced non-monetary benefits such as providing exciting opportunities for growth, enhanced L&D programmes and flexible work, but RGF Singapore notes that organisations are also still using pay increases to retain top performers which is critical especially in the current market situation. Organisations recognise and have placed more importance on engagement and retention of talent as this definitely outweighs the downtime, training and replacement costs.

Organisations that have put salary reviews on hold in 2016 are expected to resume reviews in 2017. The company sees increased optimism and hiring within the manufacturing/ engineering/ industrial sectors which is also reflected in more reporting an increase in salaries to retain and attract talent. However due to the current ‘wait and see’ climate, the trend of cautious hiring, lengthening of recruitment cycle and increased hiring of contract employees is expected to persist across sectors in 2017.

For this instalment of the study, the company has included an additional section to gain an insight in to upcoming challenges across sectors. When respondents were asked what challenges they would foresee in their sector or organisation in 2017, as expected, most stated economic uncertainty (26%), followed by project slow down at 11% and global constricts where their headquarters cut back on budgets and take a longer time for approvals (10%).

A persistent challenge which had been around for years is the war for talent, where there is a lack of local (8%) and specialist talent (8%). This also drives the need to engage and retain talent (9%), especially in this current economic climate where organisations would not want to face an operational disruption which would result in less revenue and incur additional costs for a replacement.

Other challenges that were brought up include competition, restructuring, price war, emergence of non-traditional businesses or business models, reduction of revenue pie, international relations, acquisition, low oil prices, falling demand, cost cutting and job in security.

Responses on the type of expected challenges reflect various portions of the report where organisations recognise the importance of branding to attract not only external but also internal stakeholders and strengthen client/ consumer partnerships which would help build business pipelines. Thus there is a constant high demand for marketing and sales talent. There is also rising awareness on the need to engage and retain top performers.

Although big data and cloud technology have been huge trending topics in 2016, from the responses we sense less urgency in ensuring data compliance.

Article covered on 13 January 2017: https://www.recruitment-international.sg/blog/2017/01/rgf-singapore-sees-rise-in-demand-for-marketing-and-pr-talent-in-latest-report

Expected Salary Increases in Singapore for 2017

Salary Data

According to research on nominal wage growth by Mercer, a majority of the Asia Pacific’s emerging economies are forecasting higher salary increase percentages for 2017 than 2016, with financial hubs Hong Kong and Singapore are forecast to see a 4.2% and 4.1% increase, respectively.

Now research on the market outlook for 2017 by RGF, consolidating responses from 500 managers in Singapore, finds more sectors are forecasting an increase in salaries in 2017 (42), as compared to only 4% in H1 2016 and 39% in H2 2016. However, an equally significant 50% anticipate no change in salaries this year compared to the previous

Since the economic slowdown a couple of years ago, RGF notes more organisations have embraced non-monetary benefits, enhanced L&D programmes and flexible work. However, many are still using pay increases to retain top performers.

Among these, the highest increases in 2017 are expected in manufacturing, engineering and industrial sectors (more than 30%), while technology/online/digital and life sciences/healthcare/pharma sectors anticipate salary increases of 11-20%.

No change in salary in 2017 is expected by 70% of respondents in the energy sector and 65% in the professional services sector – with 15% and 16% actually anticipating a decrease in sectors respectively.

Organisations that have put salary reviews on hold in 2016 are expected to resume reviews in 2017. RGF sees increased optimism and hiring within the manufacturing/engineering/industrial
sectors.

However due to the current ‘wait and see’ climate, the trend of cautious hiring, lengthening of
recruitment cycle, and increased hiring of contract employees is expected to persist across sectors in 2017.

Hiring outlook for 2017: Singapore

RGF - hiring outlook for Singapore 2017

Article covered on 13 January 2017: http://www.humanresourcesonline.net/expected-salary-increases-singapore-2017/

What is the Future of Human Resources in Asia?

It’s easy to hit the ‘crisis-mode’ when the going get tough. However, as the old adage goes, ‘when the going get tough, the tough get going’. With global economies in a twist, the going can be defined as ‘tough’ right now.

So what do the tough do?

They figure out what’s next, they get together as a community to spot opportunities and use these times to try out bold new ideas. We at RGF, are doing just that.

‘The Future of HR’ is an initiative in that direct: a positive outreach conference to bring together some of the best-thinking minds from various walks of the corporate diaspora to provide food for thought, a list of actionable ideas and to question the old world order.

With 24 speakers in multiple formats of on-stage engagement, The Future of HR is completely focused on how human resources need to be designed in the future workplace. Four panels focused on Asia, Collaborative, Disruptive and Technological aspects of HR, a round table session for delegates to interact amongst themselves and 4 sessions by leading entrepreneurs, CEOs and HR heads with content not heard at other events.

With more than 100 organizations already registered to attend, interested folks can apply for an invite at www.futureofhr.events

We also caught up with the speakers prior to the event and here’s what they had to share.

 

Asia’s human resource future is headed in which direction?

“As more transactions for employees become automated, effective HR professionals of the future will need to build the ability to hold a crystal ball to the future trends for the business.

That will need competencies in cognitive and predictive analytics, outside in focus to the HR function and a deep understanding of market forces. HR professionals will themselves need to transform into highly analytical technology savvy change architects.”  Commented Pallavi Srivastava, Country Human Resources Director, IBM.

IBM employed close to 378,000 people in 2015 (Source: Statistica) and has been very active in organizational transformation.

 

What is the mindset human resource heads would need to learn effectively from leaner organizations?

“Never has HR been in as terrible a crisis as now. Senior executives are leaving to start their own firms, middle management thinks HR is bureaucratic drudgery and new generation of entrepreneurs think the entire HR function is obsolete.

Heads of HR have to entirely re-imagine their relevance and usefulness to the new enterprise.”

Dark? Not really.

Mahesh Murthy’s fifty+ investee start-ups ranging in all sizes employ more than five thousand team members. Ground realities, talent retention issues and innovative human resource processes come naturally in start-ups and are an excellent stomping ground to spot the latest HR trends.

 

So, the success of HR transformation lies on which three pillars?

“Successful HR transformation initiatives require a steadfast focus on change management; in preparing the organization for change, making the case for change, and implementing the change. Moreover, they require a strong vision backed by evidence-based management principles. Finally, successful HR transformations can’t happen without a dedicated and competent HR team, without dedicated and engaged employees,” says Stephane Michaud, Senior Director at Human Link Asia, a Mitsubishi Corporation Company.

The latest tech disruption at the workplace, is incidentally called Workplace as well and has been designed by none other than Facebook.

Nakul Patel, Workplace Growth, APAC, Facebook comments, “Today’s workplaces are complex. People spend most of their daily lives working & companies need better ways to work together and get things done. We want to make companies more open and connected with Workplace.”

 

There would be live tweets for Future of HR: Technology. Disruptive. Collaborative . To get live insights into the talking points, happenings and interviews, you can follow us at @RGFSingapore or else snippets of the events would also be shared on our LinkedIn Page during and after the conference. The hashtag for this event would be #RGFSingapore.

RGF Congratulates All Winners and Finalists, HR Excellence Awards

RGF Sponsors HR Excellence Award 2016

 

RGF Singapore is proud to be one of the sponsors for the annual HR Excellence Awards which recognizes organizations in Asia that push for excellence and outstanding human capital strategy and execution.

Jonathan Guilfoile, Managing Director, RGF Singapore and Senior Director James Miles attended the gala dinner where Jonathan presented the three awards for the ‘Excellence in Recruitment’ award category. We would like to congratulate ANZ Banking Group for winning the gold award, DBS for silver and bronze for TATA Consultancy Services from the ‘Excellence in Recruitment’ award category, all other winning organizations and individuals, including the finalists.

“HR is a continuously evolving function where HR start to play a bigger role within their organizations. We see a trend in more hybrid or business partner roles where HR is expected to play a part in achieving organizations’ business strategies. RGF is glad to be part of an award that recognizes organizations and individuals that drive excellence in this current growth-focused  economy.” said Jonathan Guilfoile.

The awards gala dinner, held on 19 October at Shangri-la Hotel was attended by more than 500 representatives from companies across industries such as Uniliver, Airbnb, Sanofi, Volvo, Zeiss, NEC, Samsung, Ogilvy, Citi, DBS, CAG, ANZ, Dell, Singtel, SAP, NTU, Deloitte, TWG, Cycle & Carriage, Pepsico and Ericsson.