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Independent Singapore
14-07-2025
- Business
- Independent Singapore
IWG-Arup: Hybrid work may slash businesses' real estate costs by up to 55%
Photo: Freepik/freestockcenter SINGAPORE: As much as hybrid work could improve employee productivity and reduce employee turnover, it could also cut businesses' real estate costs by up to 55%, Singapore Business Review reported, citing a US-modelled survey by the International Workplace Group (IWG) and global engineering consultancy Arup. HR Asia reported this could save firms about US$58 billion (S$74 billion) each year by 2030 and up to US$122 billion by 2045. The IWG Hybrid Working Productivity Report also found that hybrid work could add US$219 billion in Gross Value Added (GVA) each year by 2030 and up to US$566 billion by 2045, thanks to increased productivity, lower staff turnover and replacement costs, and portfolio savings. The report said productivity could rise by 11% as employees benefit from shorter commutes, fewer distractions, and more time focusing on their tasks. It also found that up to 40% of the time spent by workers on commuting was spent doing more work — adding about 170 extra productive hours per employee each year. See also SG dollar at record high against MY ringgit; S$1 to RM3.41 In fact, employees in flexible workspaces were 67% more likely to rate their productivity as 'excellent' than those working from home. At the same time, flexible setups could lower voluntary turnover by as much as 20%, leading to potential yearly savings of US$22 billion in recruitment and training costs by 2030 and up to US$45 billion by 2045. Notably, employees are three times more likely to stay in jobs that offer flexible work options. Singapore Business Review reported, citing a Knight Frank survey, that 30% of business leaders in the city-state now consider flexible working a key part of their real estate decisions. Dr Issac Lim, a social scientist and founder of Anthro Insights, said Singapore is 'particularly progressive' when it comes to hybrid work. However, he noted that 'to unlock true productivity, businesses must be intentional—designing flexible structures around the nature of work, technology, and outcomes.' In the city-state, Gen Z workers reported higher job satisfaction (77%) and better work-life balance (34%) through hybrid work. In September, a study by IWG and consultancy Development Economics also found that 76% of workers saved money each month by working closer to home . For example, a 27-year-old office worker in Singapore's Central Business District could save around S$3,900 a year by working closer to home just two days a week. /TISG Read also: Singapore businesses to receive up to S$100,000 grant in October as they face a new tariff environment; SMEs to get 'more generous' support () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Korea Herald
01-07-2025
- Business
- Korea Herald
Indonesia's Top Employers Forge the Future of Work: HR Asia Honors 80 Companies in Talent Innovation
JAKARTA, Indonesia, July 1, 2025 /PRNewswire/ -- HR Asia Best Companies to Work for in Asia proudly honours 80 organizations that exemplify excellence in human capital strategy and workplace culture. This year's ceremony arrives as Indonesian companies navigate critical challenges in talent retention, multigenerational workforce integration, and shifting employee expectations. In response, many winners have embraced flexible and inclusive workplace policies, offering hybrid work models, multilingual communication channels, and benefits tailored to diverse generational needs. By recognizing the unique motivators of the different generations in the workplace, these companies are crafting environments where every talent feels understood and valued. Work–life balance has risen to the top of employee priorities. Recent research by Korn Ferry Indonesia shows that 47% of professionals now rate flexible schedules and well–being support above compensation as their primary retention factors. Empowered by insights from the HR Asia benchmarking process, winners have launched comprehensive wellness programs, incorporated financial counseling, and provided on–site childcare, translating data into action that boosts both morale and productivity. Managing a multigenerational workforce remains a complex task. Leading organizations are implementing tailored L&D strategies—from bite–sized e–learning modules to executive coaching—designed to meet the distinct learning preferences of each age group. By leveraging HR Asia's scorecard feedback and participating in peer–learning workshops, these companies report a 35% increase in training completion rates and stronger cross–generation collaboration. "In today's dynamic talent landscape, success hinges on understanding people first," said William Ng, Group Publisher of HR Asia. "Our program uncovers real data and connects leaders in a community of practice—fueling bold, people–centric strategies that truly shift the landscape." This year also celebrates the debut of the HR Asia Tech Empowerment Awards, recognizing organizations that harness technology–driven processes, predictive analytics, and immersive learning platforms to elevate employee experiences. These digital trailblazers are not just solving problems—they're reimagining what a modern workplace can achieve. A highlight of the evening was the recognition of Platinum honoree PT Bank Maybank Indonesia Tbk, named a HR Asia Best Company to Work for in Asia for the 10th consecutive year. Their sustained leadership—built on continuous digital upskilling, diversity–focused talent programs, and agile work arrangements—sets a benchmark for peers across the region. The HR Asia Best Companies to Work for in Asia is organized by Business Media International and covers fifteen markets across the region including mainland China, Cambodia, Hong Kong, Indonesia, India, Japan, Korea, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, United Arab Emirates, and Vietnam, making this the largest recognition program and survey in the region for employee engagement. For more information about the HR Asia Best Companies to Work for in Asia 2025 - and a complete list of winners, please visit
Korea Herald
16-05-2025
- Business
- Korea Herald
HR Asia Celebrates a Decade of Recognizing Hong Kong's Best Workplaces Amid Evolving Talent Challenges
HONG KONG, May 16, 2025 /PRNewswire/ -- HR Asia proudly marks the 10th anniversary of its prestigious "Best Companies to Work for in Asia – Hong Kong" awards, honoring 48 organizations that exemplify excellence in human capital strategy and workplace culture. This milestone comes at a time when Hong Kong's corporate landscape faces unprecedented challenges in talent retention, multigenerational workforce integration, and the evolving expectations of a new generation of employees. Hong Kong companies are increasingly adopting flexible and inclusive workplace policies to attract and retain talent. Experts emphasize the need for multilingual environments and recognition of diverse generational needs to make workplaces more appealing. Work-life balance has emerged as a pivotal factor in talent attraction and retention. According to Randstad Hong Kong, it has overtaken salary and benefits as the most important employee value proposition, highlighting a shift in employee priorities. Moreover, managing a multigenerational workforce presents unique challenges. Organizations are encouraged to tailor learning and development strategies to accommodate varying preferences across age groups, ensuring effective upskilling and engagement. As Hong Kong navigates the complexities of a dynamic workforce landscape, the HR Asia "Best Companies to Work for in Asia" awards continue to recognize organizations that exemplify adaptability, inclusivity, and innovation. These companies not only set industry standards but also inspire others to reimagine their approaches to human capital management in an ever-evolving world. "Over the past decade, we've seen a seismic shift in how organizations engage with talent — and the most successful companies are those that don't just react, but anticipate." said William Ng, Group Publisher of HR Asia. "In Hong Kong, where generational diversity and digital disruption converge, the best employers are those that listen deeply, adapt swiftly, and empower boldly. This year's winners exemplify what it means to build not just a workforce, but a future-ready culture." 2025 marks the launch of the HR Asia Tech Empowerment Awards, a new category that celebrates organizations at the forefront of workplace innovation. This accolade honors companies that harness cutting-edge technology — whether through hardware or software — to elevate employee experience, streamline operations, and drive meaningful productivity gains. It reflects a growing recognition that digital empowerment is now central to building agile, future-ready workplaces. Another major highlight of this year's event was the recognition of Platinum winners — companies that have achieved the extraordinary distinction of being named Best Companies to Work for in Asia for ten consecutive years. This rare accomplishment underscores a decade-long dedication to cultivating world-class workplace cultures. The 2025 Platinum honorees in Hong Kong are Avery Dennison Hong Kong B.V. and Lee Kum Kee Group — both examples of consistency, innovation, and unwavering people-first values. The award covers fifteen markets across the region including mainland China, Cambodia, Hong Kong, Indonesia, India, Japan, Korea, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, United Arab Emirates, and Vietnam, making this the largest recognition program and survey in the region for employee engagement. For more information about the HR Asia Best Companies to Work for in Asia 2025 - Hong Kong awards and a complete list of winners, please visit WINNERS OF HR ASIA MOST CARING AWARDS 2025 WINNERS OF HR ASIA SUSTAINABLE WORKPLACE AWARDS 2025 WINNERS OF HR ASIA TECH EMPOWERMENT AWARDS 2025 About BUSINESS MEDIA INTERNATIONAL Business Media International is a subsidiary of Audience Analytics Limited ( a regional leader in promoting growth for companies in Asia through data-driven brands and initiatives. We own renowned media brands such as SME Magazine, HR Asia, Capital Asia, Energy Asia, Logistics Asia, TruthTV, and CXP Asia as well as business impact assessment brands such as SME100, HR Asia Best Companies to Work for in Asia, Golden Bull Awards and CXP Asia Best Customer Experience Awards. We organise various exhibitions and have the proprietary software-as-a-service — Total Engagement Assessment Model – in our portfolio.
Malaysian Reserve
16-05-2025
- Business
- Malaysian Reserve
HR Asia Celebrates a Decade of Recognizing Hong Kong's Best Workplaces Amid Evolving Talent Challenges
HONG KONG, May 16, 2025 /PRNewswire/ — HR Asia proudly marks the 10th anniversary of its prestigious 'Best Companies to Work for in Asia – Hong Kong' awards, honoring 48 organizations that exemplify excellence in human capital strategy and workplace culture. This milestone comes at a time when Hong Kong's corporate landscape faces unprecedented challenges in talent retention, multigenerational workforce integration, and the evolving expectations of a new generation of employees. Hong Kong companies are increasingly adopting flexible and inclusive workplace policies to attract and retain talent. Experts emphasize the need for multilingual environments and recognition of diverse generational needs to make workplaces more appealing. Work-life balance has emerged as a pivotal factor in talent attraction and retention. According to Randstad Hong Kong, it has overtaken salary and benefits as the most important employee value proposition, highlighting a shift in employee priorities. Moreover, managing a multigenerational workforce presents unique challenges. Organizations are encouraged to tailor learning and development strategies to accommodate varying preferences across age groups, ensuring effective upskilling and engagement. As Hong Kong navigates the complexities of a dynamic workforce landscape, the HR Asia 'Best Companies to Work for in Asia' awards continue to recognize organizations that exemplify adaptability, inclusivity, and innovation. These companies not only set industry standards but also inspire others to reimagine their approaches to human capital management in an ever-evolving world. 'Over the past decade, we've seen a seismic shift in how organizations engage with talent — and the most successful companies are those that don't just react, but anticipate.' said William Ng, Group Publisher of HR Asia. 'In Hong Kong, where generational diversity and digital disruption converge, the best employers are those that listen deeply, adapt swiftly, and empower boldly. This year's winners exemplify what it means to build not just a workforce, but a future-ready culture.' 2025 marks the launch of the HR Asia Tech Empowerment Awards, a new category that celebrates organizations at the forefront of workplace innovation. This accolade honors companies that harness cutting-edge technology — whether through hardware or software — to elevate employee experience, streamline operations, and drive meaningful productivity gains. It reflects a growing recognition that digital empowerment is now central to building agile, future-ready workplaces. Another major highlight of this year's event was the recognition of Platinum winners — companies that have achieved the extraordinary distinction of being named Best Companies to Work for in Asia for ten consecutive years. This rare accomplishment underscores a decade-long dedication to cultivating world-class workplace cultures. The 2025 Platinum honorees in Hong Kong are Avery Dennison Hong Kong B.V. and Lee Kum Kee Group — both examples of consistency, innovation, and unwavering people-first values. The award covers fifteen markets across the region including mainland China, Cambodia, Hong Kong, Indonesia, India, Japan, Korea, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, United Arab Emirates, and Vietnam, making this the largest recognition program and survey in the region for employee engagement. For more information about the HR Asia Best Companies to Work for in Asia 2025 – Hong Kong awards and a complete list of winners, please visit LIST OF WINNERS OF HR ASIA BEST COMPANIES TO WORK FOR IN ASIA 2025 (HONG KONG EDITION) IN ALPHABETICAL ORDER: AGEAS ASIA SERVICES LIMITED AIA HONG KONG & MACAU ARROW ASIA PAC LTD AS WATSON GROUP AVERY DENNISON HONG KONG B.V. BAT GLOBAL TRAVEL RETAIL HONG KONG BELKIN ASIA PACIFIC LIMITED CASETIFY CHINA MOBILE INTERNATIONAL LIMITED CHINA TELECOM GLOBAL LIMITED CHINACHEM GROUP CHRISTIAN DIOR FAR EAST LTD. CHUBB HONG KONG CIGNA WORLDWIDE GENERAL INSURANCE COMPANY LIMITED CMB INTERNATIONAL CAPITAL CORPORATION LIMITED CRYSTAL INTERNATIONAL GROUP LIMITED CTF LIFE DAH CHONG HONG HOLDINGS LIMITED DELOITTE TOUCHE TOHMATSU DFI RETAIL GROUP GUOTAI JUNAN INTERNATIONAL HOLDINGS LIMITED HAECO GROUP HAITONG INTERNATIONAL SECURITIES GROUP LIMITED HANG LUNG PROPERTIES LIMITED HARNEY WESTWOOD & RIEGELS HONG KONG PRODUCTIVITY COUNCIL HONGKONG LAND LIMITED ISS FACILITY SERVICES LTD. KNIGHT FRANK LANGHAM HOSPITALITY GROUP LEE KUM KEE COMPANY LIMITED LEE KUM KEE GROUP LIBERTY INTERNATIONAL INSURANCE LIMITED LINK ASSET MANAGEMENT LIMITED MANULIFE (INTERNATIONAL) LIMITED MEDTRONIC HONG KONG MEDICAL LIMITED PEAK REINSURANCE COMPANY LIMITED PRUDENTIAL HONG KONG LIMITED SF SUPPLY CHAIN (HONG KONG) LIMITED STARBUCKS HONG KONG AND MACAU SWIRE COCA-COLA HK LIMITED TF INTERNATIONAL SECURITIES GROUP LIMITED THE HONG KONG AND CHINA GAS COMPANY LIMITED THE MARKETING STORE WORLDWIDE (ASIA) LIMITED TOPPAN NEXUS LIMITED TUNG WAH GROUP OF HOSPITALS ZIM INTEGRATED SHIPPING SERVICES LTD. ZURICH INSURANCE (HONG KONG) WINNERS OF HR ASIA DIVERSITY, EQUITY & INCLUSION AWARDS 2025 AIA HONG KONG & MACAU BAT GLOBAL TRAVEL RETAIL HONG KONG CASETIFY CIGNA WORLDWIDE GENERAL INSURANCE COMPANY LIMITED DFI RETAIL GROUP HAITONG INTERNATIONAL SECURITIES GROUP LIMITED LANGHAM HOSPITALITY GROUP LIBERTY INTERNATIONAL INSURANCE LIMITED PEAK REINSURANCE COMPANY LIMITED ZURICH INSURANCE (HONG KONG) WINNERS OF HR ASIA MOST CARING AWARDS 2025 AGEAS ASIA SERVICES LIMITED CASETIFY CIGNA WORLDWIDE GENERAL INSURANCE COMPANY LIMITED DAH CHONG HONG HOLDINGS LIMITED GUOTAI JUNAN INTERNATIONAL HOLDINGS LIMITED PEAK REINSURANCE COMPANY LIMITED WINNERS OF HR ASIA SUSTAINABLE WORKPLACE AWARDS 2025 AIA HONG KONG & MACAU ARROW ASIA PAC LTD AVERY DENNISON HONG KONG B.V. BELKIN ASIA PACIFIC LIMITED CASETIFY DAH CHONG HONG HOLDINGS LIMITED HANG LUNG PROPERTIES LIMITED LANGHAM HOSPITALITY GROUP PEAK REINSURANCE COMPANY LIMITED WINNERS OF HR ASIA TECH EMPOWERMENT AWARDS 2025 AIA HONG KONG & MACAU ARROW ASIA PAC LTD HONG KONG PRODUCTIVITY COUNCIL About BUSINESS MEDIA INTERNATIONAL Business Media International is a subsidiary of Audience Analytics Limited ( a regional leader in promoting growth for companies in Asia through data-driven brands and initiatives. We own renowned media brands such as SME Magazine, HR Asia, Capital Asia, Energy Asia, Logistics Asia, TruthTV, and CXP Asia as well as business impact assessment brands such as SME100, HR Asia Best Companies to Work for in Asia, Golden Bull Awards and CXP Asia Best Customer Experience Awards. We organise various exhibitions and have the proprietary software-as-a-service — Total Engagement Assessment Model – in our portfolio. Adrian ChengMarketing ManagerBusiness Media InternationalMobile No.: 012-2692701Email: adrian@
Associated Press
11-03-2025
- Business
- Associated Press
TTEC Announces Career Opportunities In India For Americans In Customer Service
TTEC, a leading customer experience technology and services company which is headquartered in the US, is now seeking American customer service specialists who are currently based in India. Greenwood Village, United States, March 10, 2025 -- TTEC is now recruiting for American customer service professionals to join their expanding business hub in India. As one of the world's largest international customer experience (CX) businesses, TTEC believes they can offer successful applicants the opportunity to grow significantly across the American-Indian market. More information is available at The customer experience technology and services company is now recruiting specifically for a raft of customer service representatives and team leads across the health, technology, travel and financial sectors, among others. For those more experienced customer service specialists, they are also seeking talented American managers, analysts and consultants with experience in both customer service and service delivery, learning and development, database management or training. Although TTEC is dedicated to customer experience, they believe that their clients' experiences start with their employees. This is why they are driven to be a leader in employer value propositions (EVPs), and in addition to offering American customer service specialists in India the opportunity to enrich and grow their career, they can also offer them more holistic growth opportunities. TTEC has a vast in-house training system and connections to esteemed course providers worldwide and they take pride in helping their employees to develop and extend their professional and personal skills. Because they put their employees first, they are also focused on employee well-being and new employees will benefit from their sponsored health and wellness activities, their flexible work conditions, including hybrid work provisions, and their emphasis on team culture. These initiatives have led TTEC to be certified as a Great Place to Work® and as the winner of HR Asia's Best Company to Work for. As an international, US-based company, TTEC can also offer competitive salaries and full salary packages with generous additional benefits. TTEC currently has multiple offices in India, including in Mumbai, Chennai, Ahmedabad and Hyderabad, and they encourage Americans who are currently living and working in the country to ask about relocation options and benefits. One happy current employee said, 'I really appreciate the culture of collaboration and support at TTEC. It both challenges me to evolve and shows me the progress I am making on an ongoing basis. It is great to be in evolution constantly, but best of all to be recognized for it.' She added, 'Another reason I like working for TTEC is the fun we have. Because TTEC has a very different company environment, it makes our day-to-day work much more pleasant and satisfying.' For more information, visit Contact Info: Name: TTEC Support Email: Send Email Organization: TTEC
