Aon Survey Highlights the Critical Role of Skills in Shaping the Future Workforce Across APAC
61 percent of organisations have implemented skills-based programs to address top talent priorities
Career development is emerging as the biggest use case for skills-related initiatives
SINGAPORE – Media OutReach Newswire – 2 July 2025 – Aon plc (NYSE: AON), a leading global professional services firm, has released insights from its 2025 Asia Pacific (APAC) Skills Impact Survey Report, identifying critical skill gaps and assessing workforce readiness to guide strategic talent development across the APAC region.
The study gathered input from over 135 organisations across APAC to identify common challenges businesses face in integrating skills into workforce decision-making, strategies, and whether organisations are beginning to prioritise skills over experience.
'As businesses face an increasingly dynamic environment, there is a strong need for relevant future-ready skills over traditional work experience to build a resilient and agile workforce,' said Puneet Swani, head of Talent Solutions for APAC at Aon. 'Organisations must prioritise skills development and leverage people analytics to improve HR and business outcomes. By doing so, they can foster a resilient and adaptable workforce ready to meet future challenges.'
ADVERTISEMENT
The survey found that the value of skills is critical for attracting and retaining talent, enhancing workforce agility and resilience, and building strong leaders. Almost 40 percent of organisations are at the critical stage of developing talent strategies and programs tailored around new and future skills. Furthermore, 68 percent of organisations have an articulated skills framework as the foundation for such practices. Overall, 44 percent of organisations are exploring technology tools, assessment platforms and external benchmarks for skills identification, but over half (56 percent) still depend on traditional methods such as job descriptions and manager surveys.
Top skills influencing talent practices include career development and mobility, learning and development, recruitment and selection, succession planning and workforce planning.
The study also found organisations are using skills information for employee career development, with nearly 40 percent of respondents already aligning skills with lateral role opportunities for colleagues. This strategy enhances employee experience and data shows it boosts candidate success rates. The survey expects within the next 12 – 24 months, around 45 percent of organisations will adopt the practice of aligning skills with lateral opportunities for colleagues.
However, the survey respondents have identified barriers in advancing the skills agenda in their organisations.
Maggie You, head of people advisory for APAC at Aon, said, 'The top challenges for progressing with skills initiatives include limited budget and resources, measuring program effectiveness, and identifying relevant skills. To overcome these barriers, organisations must take small steps by starting with pilot programs, using objective assessments and clear KPIs, engaging business stakeholders, and aligning skills frameworks with job architecture and external benchmarks.'
ADVERTISEMENT
Aon's 2025 Skills Survey report can be found here.
Hashtag: #Aon
The issuer is solely responsible for the content of this announcement.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.
Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
7 hours ago
- Arabian Post
Sun Life unveils suite of enhanced savings insurance plans
SunJoy Global Insurance Plan II, SunGift Global Insurance Plan II and Stellar Multi-Currency Insurance Plan II offer market-leading flexible Death Benefit Settlement Solution, multiple Contingent Policy Owner Arrangement and Interim Policy Owner Arrangement HONG KONG SAR – Media OutReach Newswire – 3 July 2025 – Sun Life today announced the launch of an upgraded suite of savings insurance products. The upgraded products – SunJoy Global Insurance Plan II, SunGift Global Insurance Plan II, and Stellar Multi-Currency Insurance Plan II – are among Sun Life's most popular offerings. Key enhancements include the introduction of a market-leading1 mix of multiple Death Benefit Settlement Options, multiple Contingent Policy Owner2 and Interim Policy Owner Arrangement2. These upgrades are designed to help Clients capture wealth growth while seamlessly planning their wealth legacy. Christine Yeung, General Manager, Life and Health of Sun Life Hong Kong Limited, said: 'At Sun Life, we're committed to putting our Clients at the centre of everything we do. We understand their evolving needs in wealth accumulation and legacy planning for both the present and the future. The innovative and flexible design of the SunJoy Global and SunGift Global series, along with the Stellar Multi-Currency Insurance Plan, plays a pivotal role in helping Clients shape their wealth legacy and meet increasingly diverse needs. These three upgraded savings insurance plans are equipped with brand-new wealth legacy features, empowering Clients to achieve their financial goals while offering unparalleled flexibility in passing on their wealth to future generations. Moving forward, we will continue to drive product innovation, offering pioneering protection and wealth planning solutions to help the public achieve lifetime financial security.' ADVERTISEMENT The three upgraded savings plans are participating insurance plans. The two major enhancements include: Market-leading flexible Death Benefit Settlement Option Policy owners can mix and match multiple death benefit payout patterns with a Flexible Option, moving beyond package-based death benefit payment options. Policy owners can design their own payout patterns for each beneficiary or choose a designated lump-sum payout upon designated life events of the beneficiary – such as graduating from university, getting married or having a child. If the Designated Insured passes away, the Continuation Option3,4 allows the Original Policy to immediately terminate and a New Policy to be formed, with a beneficiary becoming both the New Insured and the new policy owner5 (if applicable). Market-rare multiple Contingent Policy Owner Arrangement and Interim Policy Owner Arrangement Policy owners can designate up to three Contingent Policy Owners and designate up to three Interim Policy Owners for one of the Contingent Policy Owners 6 in sequence, ensuring the policy's value and wealth is seamlessly passing on to future generations. in sequence, ensuring the policy's value and wealth is seamlessly passing on to future generations. Interim Policy Owners will hold the policy on behalf of the Contingent Policy Owner until he/she attains the designated age or until the specified date is reached. They will have Restricted Administrative Rights to manage the policy, ensuring the wealth is transferred according to the policy owner's plan. The product upgrades enable Clients to tailor their wealth management and legacy plans according to their needs. The plans offer a variety of protections targeting different life stages, helping Clients cope with unexpected challenges, including: Upgraded Product Features Early Value Lock-in Option7: Starting from the 5th policy anniversary, the policy owner can apply to transfer 10%-50% of the policy's value to the Value Lock-in Account each policy year. Whole life protection: The benefit term is extended to the whole life of the current insured (for single life) or the younger insured (for joint life). Enhanced Guaranteed Death Benefit: 105%*/105%-120%** of total premium paid. ADVERTISEMENT [*Only applicable to SunJoy Global Insurance Plan II and SunGift Global Insurance Plan II] [**Only applicable to Stellar Multi-Currency Insurance Plan II] Extended Incapacity Benefit coverage8: In addition to being diagnosed as mentally incapacitated, policy owners diagnosed with coma9, major head trauma10 or paralysis11 can have a family member appointed as the Incapacity Benefit Recipient to file a claim. Extended Waiver of Premium Benefit: If the insured, who is also the policy owner, is diagnosed as suffering from Total Permanent Disability due to Injury or Sickness before age 70, Client can enjoy Waiver of Premium Benefit12. If the policy owner, who is not the insured, passes away or is diagnosed as suffering from Total Permanent Disability before age 70 due to Injury or Sickness, Client can enjoy Payor Benefit12. Academic Achievement Awards: An award is paid based on the insured's academic achievement in the Hong Kong Diploma of Secondary Education Examination, TOEFL, IELTS, International Baccalaureate Diploma Program, Mainland Gaokao, SAT, or upon receiving an unconditional offer of admission to a full-time undergraduate program of the world's top 10 universities. [Only applicable to Stellar Multi-Currency Insurance Plan II] Flexible choice of withdrawal currency: SunWallet supports currency exchange in up to 17 currencies, enabling easier 24/7 policy management From now until July 31, 2025, Clients successfully apply upgraded series of savings insurance products can enjoy the following offers: SunJoy Global Insurance Plan II/SunGift Global Insurance Plan II (5-pay) – Up to 74% of the annualized first year premium # ; ; SunJoy Global Insurance Plan II/SunGift Global Insurance Plan II (2-pay) – Up to 10% of the annualized first year premium # ; ; Stellar Multi-Currency Insurance Plan II – Up to 93% of the annualized first year premium^. Remarks 1 'Market-leading' refers to the services provided by Sun Life, the data of savings plans of new policies offered by composite and long-term insurers on the Register of Authorised Insurers of the Insurance Authority, and market conditions as of July 1, 2025. 2 This is an administrative arrangement and is not part of the product features. Please see the relevant leaflet and prescribed form for more details on the policy owner rights and the restrictions applicable to the designation of Contingent Policy Owner and the designation of Interim Policy Owner for the Contingent Policy Owner. 3 If this option is selected, the beneficiary must be a living individual. 4 Requests are subject to our approval. The New Policy will take effect from the Continuation Option Effective Date. a. The Policy Date and the policies years of the New Policy will be the same as the Original Policy. b. The Notional Amount, total premiums due and paid, outstanding amount of any loans and interest, and the policy values of the Original Policy, including Guaranteed Cash Value, accumulated Reversionary Bonus (if any), Terminal Bonus (if any) and the amount in the Value Lock-in Account (if any) will be allocated to the New Policy according to the designated percentage to the corresponding beneficiary according to the policy owner's instructions. c. There is no cooling-off period for the New Policy, and d. For the purpose of counting the applicable period under the Incontestability provision, the relevant period will commence from the Continuation Option Effective Date for the New Insured. 5 The beneficiary will become both the New Insured and the new policy owner if (i) the designated insured who is also the policy owner has died; or (ii) the designated insured is not the policy owner, and the policy owner and the designated insured die at the same time; or (iii) the policy owner dies within 14 days after the death of the designated insured. 6 He/she must be the Designated Insured. 7 The Notional Amount after the Value Lock-in Option is exercised cannot be less than the minimum amount requirement. 8 The irrevocable beneficiary(ies) (if any) and the assignee (if any) must agree in writing to the requested designation of (a) the Incapacity Benefit Recipient; and (b) the Incapacity Benefit Percentage. Any existing Incapacity Benefit Recipient will be automatically revoked when (a) the policy owner designate a new Incapacity Benefit Recipient and the policy owner's request is approved by us; (b) the policy owner is changed; (c) Sun Life HK has been notified that there is a guardian or committee appointed under the Mental Health Ordinance (Cap. 136 Laws of Hong Kong SAR) (or if there is a guardian or committee appointed under similar laws in another jurisdiction); or (d) Sun Life HK has been notified that the policy owner has an enduring power of attorney covering the policy. In the event that there is a dispute between the Incapacity Benefit Recipient and any other person, including but not limited to the insured's guardian, committee, attorney, beneficiary(ies), assignee or in our reasonable belief that there is such a dispute, Sun Life HK reserves the right to withhold the payment of the Incapacity Benefit until such dispute is resolved. 9 Coma means a state of unconsciousness with no reaction to external stimuli or internal needs persisting continuously with the use of life support systems for a period of at least 1 week and resulting in a neurological deficit, which in our medical officer's opinion is of a permanent nature. 10 Major Head Trauma means major trauma to the head with disturbance of the brain function confirmed by definite diagnosis by a consultant neurologist acceptable to us. The disturbance must result in a permanent bedridden situation or the inability to perform without assistance 3 or more Activities of Daily Living. 11 Paralysis means permanent loss of muscular power of both arms or both legs due to the disorder of the brain and nervous system and confirmed by a Specialist in the relevant medical field. 12 This benefit is subject to maximum amount, terms and conditions, pre-existing conditions and exclusions listed in the policy document. # It includes basic rebate and green offer (guaranteed prepayment interest rate applies and only applicable to policies in United States Dollars). Terms and conditions apply. Please refer to the promotional leaflet for details. ^ It includes basic rebate, Enhanced Rebate and green offer (guaranteed prepayment interest rate applies and only applicable to policies in United States Dollars). Terms and conditions apply. Please refer to the promotional leaflet for details. Hashtag: #SunLife永明 #永明金融 #SunLife #儲蓄保險 #分紅保險 #財富傳承 #萬年青 #星河尊享 #星河傳承 #永越 #身故保障 #後補保單主權人 #保單暫托人 #savingsinsurance #participatinginsurance #wealthlegacy #SunJoy #SunGift #Stellar #deathbenefit #policyowner #contingentpolicyowner #interimpolicyowner The issuer is solely responsible for the content of this announcement. About Sun Life Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2025, Sun Life had total assets under management of $1.55 trillion. For more information, please visit Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. Sun Life Hong Kong Limited is a wholly-owned subsidiary of Sun Life Assurance Company of Canada.
Arabian Post
16 hours ago
- Arabian Post
GreenTeams Secures Series A Led by Oriza Greenwillow Technology Fund
Launches Extended Round to Accelerate Climate Tech Innovation Across Indonesia SINGAPORE – Media OutReach Newswire – 3 July 2025 – GreenTeams, a rapidly growing climate technology company advancing data-driven environmental governance in Indonesia, has announced the successful close of its Series A funding round. The round was led by Oriza Greenwillow Technology Fund. ADVERTISEMENT Operating at the intersection of environmental intelligence, regulatory compliance, and industrial decarbonization, GreenTeams empowers measurable climate action through its real-time emissions and air quality monitoring technologies. This funding milestone underscores investor confidence in GreenTeams' pivotal role in supporting Indonesia's Net Zero 2060 target. Following overwhelming interests from the investment community, the company is launching an extended round of funding, to onboard strategic partners to help to scale product innovation, AI-powered monitoring platforms, and regional expansion. 'GreenTeams is more than just a hardware provider — We're responding to the growing demand from both industry and government for credible, actionable environmental data. This funding allows us to deepen our national footprint, grow our team, and expand impact across multiple sectors. We are grateful for the trust of our partners in both the private and public sector, and would like to invite like-minded investors to join us in the extended Series A funding,' added Wilson B. Sutarko, CEO of GreenTeams. Since its inception, GreenTeams has evolved into a full-stack climate tech provider with deployments across more than 30 Indonesian provinces. Its flagship offerings — Continuous Emission Monitoring Systems (CEMS) and Air Quality Monitoring Systems (AQMS) — enable real-time data capture, emissions tracking, and regulatory reporting in key industrial sectors. In 2024, the company recorded 98% revenue growth year-on-year, driven by increasing regulatory enforcement, national decarbonization targets, and industry demand for ESG-aligned practices. GreenTeams also operates the first calibration laboratory in Indonesia to be accredited by KAN (SNI ISO/IEC 17025) for gas and air instruments, and has obtained ISO 9001 certification for quality management. 'GreenTeams has built a rare combination of field-proven systems, certified infrastructure, and deep domain expertise to serve a rising need in Southeast Asia's climate ecosystem,' said CK Tan, Managing Partner of Oriza Greenwillow Technology Fund. 'We are impressed by the execution capability of the management team, and their vision and commitment to the green efforts in Southeast Asia and beyond. GreenTeams plays a crucial role in building transparency and trust in environmental data — key pillars for any credible sustainability transition. Their early profitability and growth speak volumes'. With this capital, GreenTeams plans to: Scale nationwide deployment of monitoring systems across energy, manufacturing, and urban sectors. Advance AI-powered predictive tools for environmental forecasting and emissions analytics. Expand environmental data platform integrations to serve regulatory, industrial, and ESG markets Build capacity for regional expansion beyond Indonesia. Hashtag: #GreenTeams The issuer is solely responsible for the content of this announcement. GreenTeams GreenTeams Nusantara Pte Ltd, through its subsidiary PT. Trusur Unggul Teknusa is Indonesia's leading green climate tech company, driving scalable environmental impact through real-time monitoring technologies, data platforms, and certified infrastructure. With a presence across 30+ provinces and a decade-long track record, GreenTeams enables measurable progress toward Net Zero goals through patented solutions, regulatory-grade instrumentation, and Indonesia's first KAN-accredited calibration lab for air and gas. Learn more: Oriza Greenwillow Technology Fund The Oriza Greenwillow Technology Fund is a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, an MAS-licensed fund management company based in Singapore, and Oriza Holdings, an investment firm from China with assets under management exceeding RMB120 billion. The Fund invests in early-stage technology start-ups in Singapore and the fast-growing markets of Southeast Asia, with a primary focus on the smart cities and health-tech sectors. For more information, please visit
Arabian Post
18 hours ago
- Arabian Post
Trade Crypto Without Purchasing It: Octa Broker About Crypto-CFDs
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 July 2025 – Crypto volatility poses both potentially spectacular possibilities and enormous risks. For example, by investing in crypto assets on the spot market, traders buy the crypto and, hence, risk their budget if the price drops and never returns to the initial position. Instruments like crypto CFDs (Contracts for Difference) provide more opportunities for flexible capital management and allow traders to expand their financial horizons. Octa Broker, a broker with globally recognised licenses, explains how one can trade crypto without actually buying the asset with the help of crypto CFDs. Understanding Crypto CFDs and Their Mechanism A crypto CFD is an agreement between a client and a broker where a client profits (or loses funds) based on the variation of price. This financial instrument allows investors to use price movements of cryptocurrencies to their benefit without holding the underlying asset. This gives them more flexibility, security, and convenience, compared to spot trading where asset purchase is a must. 7 Reasons to Trade Crypto CFDs Instead of Buying Crypto on the Spot Market ADVERTISEMENT 1. Trading in Any Market Direction In traditional crypto trading, profits are made only when prices rise. With CFDs, if the price is expected to increase, traders go long (buy). If they believe the price may decrease, they go short (sell). This two-way direction trading creates more strategic avenues than storing cryptocurrencies in a wallet with the expectation for prices to escalate. 2. No Need for Crypto Wallets or Exchange Accounts One of the biggest direct hazards of crypto ownership is security. Hackers consistently target exchanges, and personal wallet management can lead to missing funds. Over $1.7 billion in digital assets has been pilfered from crypto websites using cyberattacks since 2024. Private keys, seed words, and exchange security risks are no more relevant with crypto CFDs since everything is safely handled by licensed brokers. 3. Simplified Access Without KYC Delays Crypto exchanges tend to have inconvenient identity verification (KYC) processes that could take a number of days or even weeks. CFD brokers, on the other hand, offer faster account opening so traders can get on the market quickly and enjoy price action without bureaucratic delays. 4. Diversified Portfolios Volatility is inherent to crypto markets, and trading solely in crypto can increase vulnerability. Investors can hedge their exposure by trading a number of other asset classes with crypto CFDs, such as major currency pairs (EUR/USD, GBP/USD), stock indices (S&P 500, Nasdaq 100), and commodities (gold, oil, natural gas). ADVERTISEMENT This reduces dependence on a single asset class and provides greater options for traders to hedge losses in times of market decline. For example, if Bitcoin is falling due to regulatory uncertainty, a trader can hedge loss by buying gold CFDs, which typically perform better with financial uncertainty. 5. Advanced Trading Tools for Enhanced Risk Management One of the best features of CFD trading is the built-in risk management options that enable traders to protect their capital. Unlike crypto spot trading, where prices can destroy whole portfolios overnight, CFDs offer: Stop-loss and take-profit orders to automatically close trades at pre-set levels. Negative balance protection, ensuring traders never lose more than their deposit. Advanced charting and technical indicators to identify trading opportunities. With these features, traders have greater control over their strategies, making crypto CFDs a more precise tool for managing risk compared to traditional crypto exchanges. 6. Enhanced Security Crypto exchanges have a long history of security breaches, regulatory shutdowns, and liquidity issues. With CFDs, traders avoid risks like: Exchange collapses (e.g., the high-profile FTX bankruptcy in 2022). Withdrawal freezes due to liquidity shortages. Unexpected delistings of assets, leaving traders unable to exit positions. Unlike exchanges, where withdrawals can take days or even weeks, regulated brokers offer transparent deposit and withdrawal processes. Funds are typically withdrawn using the same method they were deposited with, ensuring fast, secure, and predictable transactions. 7. Lower Entry Barriers & Greater Trading Flexibility Not all traders have the funds to buy whole units of Bitcoin or Ethereum. With CFDs, though, traders access these instruments with fractional deposits, leveraging their market exposure. Additionally, CFDs allow quick exits and re-entries, which is far more versatile than actually buying crypto, where price execution and liquidity delays can result in unnecessary losses. Cryptocurrency trading has developed more diverse, secure, and trustworthy substitutes to simple buying and holding cryptocurrencies. Crypto CFDs present traders with a choice to make a profit from price differences without security risks, slow payments, or considerable capital outlay associated with spot trading on crypto exchanges. By offering greater risk management, diversification, and trading flexibility, crypto CFDs have become an effective tool for traders today in the volatile world of digital assets. ___ Disclaimer: This press release does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In Southeast Asia, Octa received the 'Best Trading Platform Malaysia 2024' and the 'Most Reliable Broker Asia 2023' awards from Brands and Business Magazine and International Global Forex Awards, respectively.
