This paper describes trends in salaries and recruitment, factors influencing the flow of the workforce and the dynamics in the Singaporean market while addressing leadership capabilities. In particular, it examines the challenge of leadership and how it shows the effects good and poor leaders have on business performance.
Hudson Singapore surveyed 477 employers and 1,292 employees and found that salaries are moving up while poor management remains a hotly debated issue. Two in five of employees surveyed ranked their manager as “average,” “poor,” or “very poor” and so were demotivated and thought of leaving their jobs.
While 55.2% of Singaporean companies acknowledged that they have already invested in leadership developmental programs, outcomes that were initially expected are not always delivered and this report explores why.
- Executive Summary
- Singapore’s Tight Labor market
- Salaries are Moving Up
- The Workforce is Moving On
- Poor Management is a Burning Issue
- Great leaders Deliver Great Value
- What Makes a Good Leader?
- The Leadership Gap: Why Aren’t leadership Development Programs Working?
- How to Develop World-Class Leaders
- Salary Tables & Market Commentaries
- Research Methodology