The survey also found that an above-average percentage of employees in Singapore fear that firms won’t look out for his or her best interests and can prioritize profits and results over safety.
Singapore’s GDP suffers its third consecutive contraction, but signs point to recovery
Singapore’s GDP suffers its third consecutive contraction, but signs point to recovery
Nearly three in 4 (72 percent) employees imagine that as more employees return to work of their offices, their company will prioritize business continuity over workplace safety.
This figure is significantly higher than the worldwide survey average of 60 per cent and is exceeded only by New Zealand (87 per cent) and India (76 per cent).
However, almost three in five (57 percent) business decision-makers surveyed share this sentiment, significantly greater than the worldwide average of 44 percent.
EMPLOYEE OPINIONS
-91 percent like recent digital changes similar to distant working;
-87 percent said technology has enabled them to transition to recent ways of working faster than previously thought possible;
-52 percent said it was necessary for his or her firms to supply flexible working hours;
-45 percent said it was necessary for his or her firms to supply distant work.
The best advantages of distant work include time saved on commuting and traveling (52%); greater flexibility in managing personal responsibilities (47%); and higher use of technology to enhance work efficiency (45%).
OPINIONS OF MANAGERS AND BOSSES
-46 percent said their priority was to return to the best way they worked before Covid-19 and desired to step back from change;
-47 percent imagine the transition to the brand new normal shall be even harder than the initial shock of Covid-19, suggesting there’s loads of labor ahead.
The most important challenges they perceived with distant work (91%) were that many routine business functions, similar to document approvals, performance reviews, information technology (IT) resource requests and approvals, and check or money transactions, are still being performed offline.
Singapore plans further reopening, offers funds to have children
Singapore plans further reopening, offers funds to have children
Eighty percent of executives and executives agreed their company would see savings consequently of Covid-19-related business changes, but only 68 percent said savings ought to be prioritized towards digital transformation.
Meanwhile, 60 percent said they didn’t have a totally integrated system to administer digital workflows across all business functions.
Singapore firms in declining industries are struggling to get loans amid tighter lending policies
Singapore firms in declining industries are struggling to get loans amid tighter lending policies
U.S. executives are the one ones tipping the scales in favor of fully integrated workflow systems, with 53 percent saying their firms thrive with connected systems.
Customer service, sales and marketing, human resources and finance were particularly vulnerable in all countries surveyed. IT is the one department where most say they’ll adapt quickly.
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