1. Talent management and retention ‘is HR’s biggest challenge’ in the Middle East
New survey data from Hays has revealed that HR directors in the Middle East believe managing and retaining talent will be the profession’s biggest challenge over the next two years. Sixty per cent of those polled for the DNA of an HR Leader report – published in association with CIPD Middle East – said it would be their most significant area of focus during that time.
2. Talent shortages loom large in Singapore
A significant proportion (75 per cent) of C-suite executives in Singapore have concerns about talent shortages over the next three years, according to a study by outsourcing and consulting firm KellyOCG. But the research also found that just 10 per cent of C-suite leaders in the city state believe their HR departments are fully capable of providing strategic workplace insights.
3. Vietnam and Laos extend labour pact
The 2013 Vietnam-Laos Labour Cooperation Pact has been extended until 2019, as Vietnam takes a more active role in helping neighbouring Laos improve its workforce skills. Under the pact, Vietnam provides short and long-term scholarships for Lao civil servants looking to upskill, as well as students. The countries’ labour ministries have also agreed to share more law and policy information on employment and labour management.
4. Calls for Oman to increase minimum wage
Low-paid workers in Oman are calling for an increase in the minimum wage, from 325 Omani rial per month to 450. A petition has been launched by worker Abdulrahim Al Saadi, who is planning to file it to the elected legislative body, Majlis Al Shura. Inflation has risen significantly during the past year with the higher cost of essentials, such as food and fuel, putting pressure on working families.
5. Indonesia ‘must upskill to take advantage of ASEAN integration’
The ongoing economic integration of the Association of Southeast Asian Nations (ASEAN) bloc is creating potential opportunities for Indonesia’s workforce, but they may not have the right skills to take advantage of them without better vocational training programmes, economists have warned. Qualification mismatch is still a significant issue for young people in Indonesia, while almost 60 per cent of the country’s workforce did not complete their high school education.