In the first edition of its Workplace Learning Report, LinkedIn revealed that upskilling employees remains a priority for Learning & Development (L&D) executives in companies in Singapore.
This finding is followed by other focus areas: Creating a culture of learning, aligning learning programmes to business goals, and making learning more agile and measuring the success of learning.
In the report, Crystal Lim-Lange, CEO and Co-Founder at Forest Wolf, as one of the executives surveyed for the report, commented that “L&D is critical for staff engagement and retention.”
This statement is echoed by 98 per cent of organisations who stated that they feel concerned about employee retention. Seventy-seven per cent of the surveyed companies also said that they are using learning opportunities to improve employee retention.
The report also stated that L&D is seen as a “cross-functional effort” by 80 per cent of L&D professionals, who stated that their role has become increasingly cross-functional each year.
Also Read: What can local companies do in 2023 for workplace mental fitness?
In this matter, C-suite influence is also seen as continuing to surge, according to 86 per cent of Department Heads and 67 per cent of heads of HR/CHRO/CPO. “L&D pros are working more closely with company leadership to deploy upskilling or reskilling programmes this year than they were last year,” the report explains.
The Workplace Learning Report was published in conjunction with the launch of the LinkedIn Learning course.
The report surveyed learning leaders across Singapore and other Asia Pacific countries to understand how effective L&D programmes put people and skills at the centre of organisational success.
It is also published with the background of the recent layoffs that affect top tech companies in Singapore and Southeast Asia.
A NODEFLAIR report noted 13 media-recorded layoffs in Singapore in 2022.
“At least 1,270 tech jobs were retrenched from July to November 2022. Many of such layoffs were due to economic uncertainty and aggressive hiring during the tech boom amidst the pandemic,” the report stated.
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