Singapore Launches Enhanced HR Toolkit for SMEs

Share Article

The new toolkit will help Singapore SMEs bolster their capabilities through better and enhanced techniques, says Singapore company incorporation specialist Rikvin.

Singapore Company Formation Specialists

Singapore Company Registration Specialists

Singapore’s commitment to help SMEs succeed is nothing short of remarkable. This, among other factors, is integral to our reputation as a world class business hub.

Singapore has released an Enhanced HR Capability Toolkit to help companies manage their human resources more effectively.

Singapore company registration specialist Rikvin recommends the new toolkit, stating that this will help small and medium enterprises (SMEs) bolster their capabilities through better and enhanced techniques.

Developed in partnership with SPRING Singapore and the Singapore National Employers Federation (SNEF), the resource was officially launched by Mr. Lee Yi Shyan, Senior Minister of State, Ministry of Trade and Industry and Ministry of National Development last week.

According to Minister Lee, the new Human Resource (HR) Capability Toolkit aims to strengthen HR capabilities by targeting specific problem areas and promoting good HR practices.

In particular, two new modules - including (1) talent management and succession planning, and (2) employee relations – were designed to help Singapore companies attract and retain talent better.

To date, the toolkit has registered more than 36,000 unique downloads, with approximately 3,800 SMEs benefiting from the free HR advisory and information resource. In addition, a total of 180 SMEs have opted to undertake HR capability development projects.

Moreover, an advanced HR portal was created to enable companies to access case studies of HR best practices as well as locate advisory services from specific HR consultants. Simultaneously, SMEs may also browse through a wide range of relevant articles and events.

“The new toolkit is an excellent resource not only for entrepreneurs keen to form a Singapore company, but for established firms seeking to augment their competencies as well,” observed Mr. Satish Bakhda, General Manager and Head of Rikvin Operations.

“Indeed, Singapore’s commitment to help SMEs succeed is nothing short of remarkable. This, among other factors, is integral to our reputation as a world class business hub,” he concluded.

In addition to the enhanced HR Capability Toolkit, Singapore also offers SPRING’s Innovation and Capability Voucher (ICV) and IDA’s iSPRINT program to thrust SMEs towards continuous self-improvement.

  • END -

Established in 1998, Rikvin has since partnered with thousands of investors, entrepreneurs and professionals in their pursuit to access business opportunities overseas. Rikvin’s areas of expertise include Singapore subsidiary registration, offshore company setup, accounting, taxation, Singapore payroll services and other related corporate services. Rikvin is also a licensed employment agency with the Ministry of Manpower (MOM) and offers a full spectrum of employment pass services for foreign professionals who wish to relocate to Singapore.

20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
+65 6320 1888

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Satish Bakhda
Visit website