2020 New Year special: Trends shaping the HR sphere in Asia

With a new year, brings new beginnings and new trends influencing the way we work. In the HR sphere itself, countless reports have revealed interesting, thought-provoking trends that are set to shape the industry in 2020 and beyond.

In this special edition of the bulletin, we present to you the most popular trend stories centering around salaries, employee benefit priorities of employers, rising medical costs, and more.

1. Salary increases in 2019 and 2020: Asia Pacific outlook

With continuous pressure on businesses in the region to keep costs down, salary increases in APAC remain stable at an average of 5.6% this year (same as 2018), slightly lower than the projected increase of 5.9% last year, per the Salary Budget Planning Survey Report (Q3).

[Read the full story here]

2. World Economic Forum: Top 10 skills and workforce strategies in 2020

Board leadership must be ready for evolving contexts and the allowance for discomfort, and even failure to happen, says an Asia-based board director.

[Read the full story here]

Individual photos / 123RF & iStock Lead image / iStock