HR News and Updates February 2025 : Singapore Budget, Malaysian Gig Workers and More
Posted on 26 February 2025 in Business | Suki Bajaj
Let’s take a look at Singapore’s top HR news and events in February, including the latest Budget 2025 announcements, Workplace Fairness Bill regulations, gig workers’ rights in Malaysia, and the recent insights on workforce management and emerging HR trends.
In this guide, we’ll talk about:
What HR Needs to Know on Singapore Budget 2025
The Singapore Budget 2025 has unveiled a series of initiatives aimed at fostering a dynamic workforce, driving business growth, and promoting inclusivity.
The latest announcements could change the way you manage your team and your finances, so make sure you're up-to-date and plan ahead.
Read OnSingapore Firms Train Staff on Grievances Amid New Laws
Some Singaporean firms are initiating specialised HR training to ensure compliance with the new legislation, which mandates the establishment of grievance procedures and clear communication of these processes to employees.
This is in response to Singapore's new Workplace Fairness Bill, passed on January 8th, which prohibits employment discrimination based on age, nationality, sex, race, religion, disability, and caregiving responsibilities.
Read OnNon-Occupational Accident Scheme Approved for Malaysian Gig Workers
The newly approved SKBBK scheme offers 24/7 protection for all eligible workers, including gig and remote employees, extending coverage to accidents occurring outside of work hours and unrelated to employment, such as non-work-related commuting incidents within Malaysia.
Read OnSingapore Employers Embrace Flexible Work, Survey Reveals
A large majority of employers (81%) are ready for TG-FWAR implementation, with 70% having established FWA request processes, according to a recent survey.
Younger employees are pushing for flexible work, which is being strategically adopted by larger companies, though smaller businesses are encountering difficulties in implementation.
Read OnJob Security a Major Worry for Many in Singapore, Says NTUC
Based on the NTUC’s internal surveys, the employees’ job security concerns are mainly due to the rise of artificial intelligence and robotics, as well as economic shifts.
Facing worker anxieties, the NTUC is launching a mentorship program initiative connecting unionised companies with 1,200 mentors to provide crucial skills and career guidance.
Read On