Import and Export
2020-03-24
Corporate Advisory
2020-04-08
Fair Employment Practices
What is the principle of fair employment?
The principle of fair employment includes fair, merit-based and non-discriminatory employment systems.
Why should we follow the principle of fair employment?
Get a wider talent pool
Through fair recruitment and merit-based recruitment, you can ensure that you have the largest candidate pool. This is particularly important because Singapore’s labour supply is declining. Older workers and women are essential in reducing the labour shortage in Singapore.
Increase productivity and retain employees
When you attract, retain, and develop employees based on their strengths, abilities, and skills, you want to ensure that the most suitable people get the job. In this way, you can maximize the ability and potential of employees, help them improve morale, and reduce staff turnover.
Innovate and develop new markets
Organizations that adopt the principle of fair employment can attract talents from different backgrounds, thereby forming a diverse workforce. A diverse workforce promotes innovation and creativity within the organization, thereby generating new and different ideas, products and solutions.
Improve customer satisfaction
A diverse workforce, including different backgrounds such as age, gender, and ethnicity, will help your organization better understand the needs of different customers and market segments.
Flexible staff deployment
A diversified workforce has its advantages, especially during festivals and public holidays, companies can minimize work schedule conflicts. By hiring employees from different races, you will have greater flexibility to maintain the essential number of employees during each ethnic celebration and public holiday.
Be an attractive employer
Organizations that have gained a reputation for accepting fair employment principles will find it easier to attract and recruit employees. They will also enjoy a good reputation, which helps to create a positive impact on sales and customer satisfaction levels.
How to implement the principle of fair employment
As an employer, you can follow the following principles and adopt the principle of fair employment:
- Recruitment and selection of employees are based on personal abilities (such as skills and experience) without regard to age, race, gender, religion, marital status, family responsibilities or disability.
- Treat employees fairly and with respect, and implement an advanced human resource management system.
- According to the strengths and needs of employees, provide them with equal training and development opportunities to help them reach their full potential.
- Give fair rewards to employees based on their capabilities, performance, contributions and experience.
- Comply with labour laws and adopt tripartite guidelines on fair employment practices.
Accounting and Corporate Regulatory Authority of Singapore licensed corporate advisory firm.
Singapore Company Registration, Annual Return, Accounting & Tax
Trademark Registration, Corporate Advisory, Serviced Offices.
6 Raffles Quay，#14-02， #14-06， Singapore 048580