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Yahoo
04-08-2025
- Business
- Yahoo
New Reeracoen × Rakuten Insight APAC Study Finds Singapore Ahead in Flexibility and ESG as Workforce Expectations Are Rising Across the Region.
SINGAPORE, Aug. 4, 2025 /PRNewswire/ -- As workforce expectations continue to evolve across Asia-Pacific in 2025, a significant new study by recruitment firm Reeracoen and research agency Rakuten Insight Global positions Singapore as a regional leader in workplace flexibility and sustainability-driven employment. At the same time, the study reveals emerging gaps between what talent expects and what employers are prepared to offer, both regionally and locally. The Reeracoen × Rakuten Insight APAC Workforce Whitepaper 2025 draws on insights from more than 12,000 professionals across 12 Asia-Pacific economies. It outlines how workers are prioritising hybrid work, values-led employment, and continuous development, even as companies slow hiring and recalibrate productivity targets. "Across APAC, we are seeing a structural reset in what people want from work," said Kenji Naito, Group CEO of Reeracoen. "Flexibility, purpose, and learning are no longer perks. They are expectations. Singapore is ahead of the curve on many of these fronts and offers a powerful case study for the region." Key Findings from Across APAC: "Flexibility Gap": 72% of workers want hybrid work models, but only 46% currently have access. Singapore and Vietnam lead in flexibility, while Japan and South Korea lag. Purpose Matters: 71% of APAC respondents say a company's sustainability and CSR initiatives influence their choice of employer. This rises to 82% in Vietnam and 79% in Singapore but drops to 48% in Japan. Learning is Essential: 65% cite skills development as their top career driver, but only 18% say their current employer leads that process, revealing a growing "learning leadership" gap. Mobility Rising: One in three APAC workers is open to overseas relocation. In Singapore, 43% are open to it; this is less than in Vietnam (62%) but more than in Japan (9%). Salary Expectations Are Rising: While employers face macroeconomic caution, 28% of APAC workers still expect salary increases exceeding 10%. Spotlight on Singapore Hybrid Work Access: Singapore ranks first among APAC markets, with 68% of workers offering hybrid work, more than 20 points above the regional average. Values Influence Job Choice: 79% of Singaporeans consider a company's CSR and ESG efforts when deciding where to work, placing Singapore among the top-ranked markets for value-driven employment. Local Over Global Mobility: Only 43% of Singaporeans are open to relocating abroad, reflecting a preference for domestic opportunities with progressive work environments. Top Motivators: Salary (82%), skill development (67%), and work-life balance (61%) remain the leading career drivers. While sectors like technology and finance continue to dominate white-collar hiring, employers in Singapore are shifting toward leaner teams, more precise productivity targets, and a growing emphasis on cultural fit. The report urges companies to balance cost discipline with workforce expectations to maintain long-term competitiveness. "Sustainable practices and purpose-led work cultures are no longer optional," said Shoichi Sunaga, Branch Manager of Reeracoen Singapore. "Today's candidates are actively screening for them." "In today's rapidly evolving job market, leveraging insights to understand what truly drives talent is not just beneficial, it's a non-negotiable competitive advantage," said Cheryl Ng, Country Director, Singapore at Rakuten Insight. "Such critical shifts shaping the future of work inform us how to balance cost efficiency while upholding core values and successfully attracting and retaining key talent." About the Study The whitepaper synthesises insights from over 12,000 respondents across the APAC region, including Singapore. It provides both regional analysis and market-specific breakdowns to support workforce benchmarking and strategic planning. About Reeracoen Singapore Pte Ltd Reeracoen is an award-winning leader in Asia's recruitment landscape, celebrated for connecting top-tier talent with forward-thinking organisations. With a strong presence across the region, we leverage our expansive networks and deep industry expertise to deliver innovative recruitment solutions tailored to the evolving needs of our partners. Operating across nine offices in six major Asian countries, Reeracoen upholds the highest standards of professionalism and service excellence. Our accolades and proven track record underscore our commitment to providing exceptional service quality and cross-border talent solutions, making us the preferred recruitment partner for businesses looking to thrive in the dynamic Asian market. For more information, visit and follow us on LinkedIn for the latest updates and insights. View original content to download multimedia: SOURCE Reeracoen Singapore
Washington Post
01-08-2025
- Business
- Washington Post
Economy likely created 115,000 jobs in July as labor market loses momentum
WASHINGTON — The American job market is deteriorating -- ever so slowly. It's not showing up as widespread layoffs. The unemployment rate is still low. It's subtler than that: New college graduates are struggling to break into the job market. The unemployment rate for college graduates 22 to 27 years old, reached 5.8% in March , the highest, excluding the pandemic, since 2012, and far above the nationwide unemployment rate.
Yahoo
09-05-2025
- Business
- Yahoo
What are the highest and lowest paying jobs in the UK?
The world of work is constantly changing. New professions are emerging, while others are disappearing. And salaries vary greatly across different roles. The UK is no exception. Some jobs offer significantly higher pay, while others fall well below the average earnings. So, which jobs pay the most — and the least — in the UK? And what are the average annual salaries for these roles? According to the Office for National Statistics (ONS), the median gross annual earnings for full-time employees were £37,430 (€40,514) in April 2024, compared with £35,004 (€37,850) in April 2023, an increase of 6.9%. The ONS's annual data on full-time gross earnings by occupation covers 381 roles. While we focus on the top 40 highest-paying and bottom 40 lowest-paying jobs, you can explore how other occupations rank in our full table below. Then 7 out of the top 10 jobs are director or executive-level positions. These include CEOs, IT directors, marketing directors, and financial managers. Leadership positions carry both strategic responsibility and high pay. Chief executives and senior officials ranked first in the median gross annual earnings for full-time employees at £88,056, followed by marketing, sales and advertising directors (£87,309) and information technology directors (£86,033). These are the only three roles with earnings exceeding €100,000. All salary figures in EUR are available in the charts. Apart from director positions, other three jobs in the top 10 are aircraft pilots and air traffic controllers (£80,414), specialist medical practitioners (£74,979), and head teachers and principals (£71,064). ONS data shows that not only air but also rail transport jobs pay well, with two roles appearing between ranks 11 and 20. For example, train and tram drivers (£63,958) earn more than barristers and judges (£59,423). Some other jobs in the top-paying 20 are: Senior police officers (£63,986) electrical engineers (£58,734), IT project managers (£58,213), rail and rolling stock builders and repairers (£56,984), business, research and administrative professionals (£56,605), and actuaries, economists and statisticians (£55,138). Earning £52,727, rail transport operatives ranked 32nd, making them the third rail job to appear in the top 40 highest-paying roles. Tech and IT roles are also well represented among the highest-paying jobs. The digital economy continues to drive strong demand for IT professionals with a range of specialisations. They include: IT managers (£54,997), IT business analysts, architects & systems designers (£54,905), programmers & software development professionals (£54,669) and information technology professionals (£52,305). High earnings for medical practitioners, engineers, paramedics, scientists, and statisticians indicate that specialist and technical fields are well rewarded. For example, paramedics earn £54,638, aerospace engineers £52,432, and electronics engineers £52,012. There's also a noticeable pay gap between top executive roles and the rest — even within the top 40. The highest median salary is £88,056, while the 40th-ranked job earns £50,853. The lowest-paying job is school midday and crossing patrol occupations, with annual earnings of £19,860, followed by coffee shop workers at £19,990. These are the only two roles earning below the £20,000 mark — with the lowest being just 53% of the overall median salary of £37,430. In addition to the lowest two roles above, hospitality and catering jobs are the lowest-paying category in the UK. These dominate the bottom of the entire chart: bar staff (£20,837), waiters and waitresses (£21,588), kitchen and catering assistants (£21,716), leisure and theme park attendants (£22,386), cooks (£22,282), and bar and catering supervisors (£23,421). While childcare and early education play a vital role in shaping future generations, many of these jobs fall within the bottom 40 in terms of pay. Childminders (£20,189), early education and childcare practitioners (£22,060), early education and childcare assistants (£22,781), and early education and childcare services proprietors (£24,388) all earn significantly below the overall median salary. Retail, front-line, and customer support roles also appear frequently in the bottom 40 for pay. This includes retail cashiers and check-out operators (£22,600), sales and retail assistants (£23,878), receptionists (£23,595), and call and contact centre occupations (£24,829). Many manual trades, cleaning, and craft occupations also fall within the bottom 40 for pay. These include florists (£22,426), cleaners and domestics (£22,961), launderers, dry cleaners and pressers (£22,674), tailors and dressmakers (£24,797), and sewing machinists (£24,149). Several health and wellbeing support roles, despite requiring training or certification, remain low-paid . These include pharmacy and optical dispensing assistants (£22,452), dental nurses (£23,727), and fitness and wellbeing instructors (£24,371). The median gross annual earnings for full-time employees across all occupations in the ONS list are available in the table below. Find the roles you're curious about. If you're not just thinking about salaries but also about job security and future prospects, don't miss our previous article: What are the best roles in the UK for 2025? It explores which jobs are currently in high demand, based on trends in job postings and market growth.
