Employees in Singapore Are the Most Prepared in Asia-Pacific for the Digital Economy | Asia Networks



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According to a new report from Workday a developer of cloud-based business applications for finance and human resources, Singapore employees are the most prepared in Asia-Pacific for the Increased scanning at the workplace. study conducted by Workday and IDC, a global market intelligence firm, entitled " The Engine of the Digital Workforce ", it was revealed that more than two-thirds (68% ) Singaporeans are convinced of the right skills to thrive in the digital economy, followed by Australia and Malaysia (equal to 63%)

The report also shows that 82% of Singapore employees see better career prospects because of the digital economy.

The study was based on a survey of more than 1,400 employees in eight countries in the region: Singapore, Australia, Hong Kong, Japan, New Zealand, Malaysia and Thailand. In Asia-Pacific, there is a trend towards digitization, with at least 60% of its GDP (excluding Japan) to be digitized by 2021.

"Our research shows that Singapore's efforts to prepare the hand -Working at growing digitization, including the Smart Nation initiative are paying off .Supid is clearly leading others in the region in digital readiness, "said Jasie Fon, Executive Director of Workday. Southeast Asia.

"While workers clearly recognize the benefits of digitization, we also see that there is room for Singapore.Employers need to be more proactive in engaging their employees for productivity

Digitalization in the Workplace

Singapore is among the top two countries with a strong awareness of digitization, with about three-quarters (74%) of respondents expect a strong impact of technology in the workplace after Korea with 81%.

Nearly half of Singapore's employees (49%) think their managers do not engage them -protect their New Zealand was the highest with 61%, closely followed by Japan and Korea (60%).

One out of two Singapore employees consider digitization a threat to their jobs one of the highest region after Korea (62%) and Hong Kong (57%).

The War of Talent

Singapore's employees have the highest turnover rate expected in Asia-Pacific where 46% are likely to leave their jobs. The main "pull factors" for changing jobs in Singapore include better wages / rewards (26%), better career prospects (15%) and better work.

The main incentive factors are the lack of career prospects (16%), being underpaid (15%) and not enjoying the work that they do (13%). Respondents surveyed included representatives of start-ups, established businesses, companies of various sizes, of different genres and a mix of 50% Generation Y members, 40% of 10% Baby Boomers. Respondents were mainly professionals (36%), office workers (31%), service and sales employees (10%), legislators and senior government officials (7%).

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