Skip to main content

Still room to grow for Singapore companies hiring Persons with Disabilities

Creating a more supportive environment for persons with disabilities (PWDs) was one of the key thrusts in Singapore’s Budget for 2014. Spire took a closer look at the issue of the employability of PWDs, embarking on a pro-bono study – telephonic interviews with 100 companies listed on the Singapore Exchange – to explore Singapore employers’ practices when it comes to hiring PWDs.

The Spire study found that 20% of the surveyed companies expressed willingness to hire PWDs, but 18% would like to explore how they can do better on this front.

In addition, 96% revealed that there were no concrete initiatives and policies in place to actively hire and integrate PWDs. This suggests that awareness and best practice knowledge was an inhibitor. As for the remaining 4%, they provided training to all employees, regardless of physical or mental disabilities, in the belief that this would ensure fair career progression and personal development opportunities for all.

The survey respondents also shared that they would generally employ PWDs for administrative and clerical positions. In some cases, they may consider hiring them for technical, executive or managerial positions, should they possess the required knowledge and skill sets.

Interestingly, the Spire study showed that there was relatively little knowledge of the Open Door Fund (7%), an initiative which supports employers financially in redesigning jobs, modifying workplaces and training PWD employees. However, 18% of them expressed interest in finding out more about the fund. This suggests an increasing number of companies being open to integrating PWDs into their workforce and plenty of room to grow in raising the share of PWD-friendly employers.

Comments

Popular posts from this blog

FIFA World Cup 2018 holds lessons for successful team building

The FIFA World Cup 2018 is widely seen as one of the best World Cups in recent memory, with many surprises and goals aplenty. One talking point was the role of teamwork as opposed to just superstar talent. What lessons can businesses learn from the beautiful game? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in The Business Times – Views from the Top section on 23 July 2018. As World Cup fever draws to an end, the game lived up to its hype with breath-taking goals and outstanding performances. Perera highlighted the role of 'team effort' over mere individual talent, which was evident in the early failure of teams with world-class superstars like Argentina and Portugal. Perera also pointed out the importance of investing in new talent pipeline development, which paid rich dividends for France, the winning team and also one of the youngest teams in the World Cup. The game also highlighted the role of risk-taking. A relentless approach t...

Spire talks about emerging Tech Retail trends in ASEAN

Spire was honored to participate at the GATES Consumer Channel Summit, Southeast Asia, 2019. The Summit was held on 20-22 March, in Bangkok. Hafidz Omar, Thailand Country Manager at Spire Research and Consulting, shared his insights on key trends in consumer tech and challenges encountered in ASEAN. Omar discussed how the IOT (Internet of Things) is impacting the retail industry in ASEAN countries. He also discussed the growth opportunities in geofencing, mobile payment and retail operations, to name a few recent innovations in retail technology. With the expansion of Geofencing technology (defined by GPS or RFID technology) , in the next five years retailers will be able to customize merchandise and promotions according to the customer profile. Online payment is still a challenge for e-commerce retailers in Asia-Pacific as most customers prefer cash on delivery and 73 per cent of the Southeast Asia’s population do not own a bank account. However mobile payment may be a s...

China’s measured reaction to US trade tariffs

The recent US trade tariff announcement will impact Chinese imports worth USD60 billion. Will China’s reaction and the prospect of continuing tit-for-tat tariff hikes cause more panic across global markets? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in China Daily – Asia Weekly. As the US Treasury explores restrictions on Chinese investment in the country, the value of stocks plunged across Asian markets. Industries that might come under more scrutiny for possible higher trade tariffs include maritime equipment, new materials, automated machine robotics and tools along with new advanced information technology and high-tech shipping to name a few. Voicing concern, Perera pointed out that China’s focus will still be on minimizing an escalation of mutual tariff hikes. China has hugely benefitted from global trade and FDI flows. However, China is clearly prepared to pursue retaliatory tariffs of its own for strategic reasons – it has announced tar...

Australia’s food and beverage industry looks upbeat

One out of every three manufacturing jobs in Australia is in the food and grocery sector, which directly employs around 300,000 people. The food and beverage market in Australia is climbing greater heights, buoyed by a growing population with an appetite for good food. Jeffrey Bahar, Deputy Chief Executive Office of Spire Research and Consulting, highlighted the key opportunities in this sector during his presentation at the Sydney Franchise and Business Expo in August 2015. As the population of Australia is set to reach 23.5 million in 2014, the food and beverage industry looks upbeat. A major portion of the population is present in the cities, like Sydney, Melbourne, Brisbane and Perth. The weekly average household spending per person on restaurant meals in these cities is AUD32 –a ripe market opportunity. Bahar opined that food industry growth is directly proportional to the number of food outlets. With 58,602 commercial outlets and 15,954 institutionalized outlets recorde...

Asia-Pacific nations poised to sign the world’s largest multi-lateral trade agreement, RCEP, in 2020

After six years of negotiations, more than a dozen countries in the Asia-Pacific are poised to sign the world’s largest trade agreement, known as the Regional Comprehensive Partnership (RCEP), in 2020. This agreement would boost commerce among participating countries by lowering tariffs as well as standardizing customs rules and procedures. The RCEP will widen market access, especially for those countries that do not have existing many bilateral trade agreements in place. Will India pay a price for its decision to stay out of the RCEP? Read more:  https://www.spireresearch.com/newsroom/spirethoughts/asia-pacific-nations-poised-to-sign-the-worlds-largest-multi-lateral-trade-agreement-rcep-in-2020/