What's Happening?
Deputy Prime Minister Gan Kim Yong emphasized the importance of workforce development in adapting to technological disruptions at the Singapore National Employers Federation's (SNEF) Employers' Summit.
He highlighted the role of SNEF in helping employers navigate uncertainty and technological advancements. SNEF plans to establish an Advisory, Resource and Consultancy Centre to support employers with practical HR and legal advice, and to promote fair workplace practices. The initiative aims to help companies reconfigure roles and reskill teams, turning technological disruption into a growth opportunity.
Why It's Important?
As technology continues to reshape industries, workforce development becomes crucial for maintaining competitiveness. SNEF's initiatives can serve as a model for other organizations seeking to adapt to technological changes. By focusing on skills upgrading and job transformation, companies can enhance productivity and employee engagement. This approach not only benefits businesses but also supports economic resilience by preparing the workforce for future challenges. The emphasis on fair and trusted workplaces also highlights the importance of ethical considerations in workforce management.
