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Singapore – Businesses need to attract top millennial talent, says Robert Half

26 July 2017

Singapore’s companies need to adapt to attract top millennial talent, according to research commissioned by international recruitment firm Robert Half.

Robert Half states that the millennial generation is set to make a positive and progressive impact on Singaporean businesses. In trying to secure all the benefits brought by their tech-savviness and appetite for learning, 

The research showed that 57% of CFOs cite one of the top qualities brought by millennials to the workplace is an increased emphasis on soft skills, such as communication, problem-solving and interpersonal skills. This is followed by increased flexibility (48%), which refers to the growing acceptance of flexible working arrangements such as working from home and flexible work hours; an increased emphasis on collaboration and transparency to enhance sharing of best practices (44%) and increased mentoring programs to foster supportive work relationships (39%).

“Technology is changing businesses and the wider workplace more quickly and drastically than anticipated,” Matthieu Imbert-Bouchard, Managing Director of Robert Half Singapore said. “In order to keep up in a heavily competitive and technology-based environment, companies need to attract the necessary talent who possess the skills required to move the business into the future. Having grown up with enormous accessibility to technology, millennial-aged professionals are more than capable of helping companies transform into more agile and responsive enterprises.”

When asked what measures they have taken to adapt to an increasingly multi-generational workforce, 59% of CFOs have increased their level of collaboration among all generations in the workplace, which includes a greater focus on teamwork, brainstorming and relationship building across all company teams. Other measures include adapting hiring processes to attract top candidates (53%), open lines of communication (48%), (reverse) mentoring programs (40%) and tailored retention and professional development programs (30%).

“Singaporean workplaces are invariably multi-generational, however the workforce will inevitably be dominated by millennials as Baby Boomers gradually retire,” Imbert-Bouchard said. “In the midst of this transition, companies will need to adopt multi-generational collaboration and (reverse) mentoring programs as a way to share best practices and knowledge.”

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