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HR by numbers: Dec 09

By: Staff Journalist, Singapore
Published: Dec 01, 2009

When money doesn’t talk

Singapore – Companies tend to think that employee engagement is just about money and often fail to reward and recognise employees’ efforts. As a result, only 16% of the 25,000 Singaporean workers surveyed by Hay Group in October 2009 say they feel effective in the workplace. If left unaddressed, this may cause lead to  a talent exodus as soon as the economy recovers.

18% of companies in Singapore are continuing their decision to freeze or cut salaries, down from 58% in March.

35% of workers in Singapore say they feel detached, and although they are physically at work, their hearts and minds are not. This is higher than 28% of UK employees.

20% of workers in Singapore say they feel ineffective at work.

29% of workers in Singapore feel frustrated in their jobs. While they like their work, they feel as though they have been set up to fail.  In comparison, only 21% of employees in the UK feel  the same way.

Source: Hay Group Insight

Companies featured:

  • Hay Group

Tuesday, 16 March 2010, 07:31 AM


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