Workforce development for the semiconductor industry continues to be the top focus of Singapore Semiconductor Industry Association (SSIA) in 2020. SSIA HR Roundtable has become an important platform for us to understand the needs of the industry when it comes to topics on human capital for our industry, at the same time, communicate to the industry on initiatives and activities we are working on or are already in place.
The 3rd SSIA Roundtable was held in M Hotel Singapore on 30 Jan 2020, with over 40 HR leaders from close to 30 companies and organisations participating. Topics discussed included SSIA updates and key initiatives on workforce development, Industry 4.0 and manpower strategies, manpower support and job placement as well as workforce upskilling and digital reskilling.
HR Issues Arose from COVID-19 Outbreak
The topic of how the companies were handling the HR issues that arose from the recent COVID-19 outbreak was also brought up. All companies agreed that they were following the guidelines from MOM. Participants also shared their HR practices on handling the leave of absence of the affected employees.
Survey on Talent Recruitment and Talent Development
An industry survey on talent recruitment and development was also conducted during the HR Roundtable. Over 60% of participating companies said they were hiring for expansion, and they are mainly looking for engineers, AEs and technicians. The majority spent more than $10,000 on human capital per year per pax, and their employees went for 2 to 4 training courses per year. Most companies have shown interest in sending their employees the leadership training programmes which will be organized by SSIA later this year. At the same time, most of them were interested in the courses related to Industry 4.0, data analytics and Robotic Process Automation, which are offered by NUS SCALE, Singapore Polytechnic and NTUC LearningHub.
Findings of the industry survey done at the third SSIA HR Roundtable
Ang Wee Seng, SSIA Executive Director