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Scientific Innovation in Asia

Volume 2, 2024 - Issue 1

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Vol. 3 (2025)
Vol. 2 (2024)
Vol. 1 (2023)
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Open Access Journal Article

Trends in Employee Training and Skill Development in Singaporean Companies: A Five-Year Analysis (2018–2023)

by Yongqi Zhang 1
1
National University of Singapore
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Author to whom correspondence should be addressed.
SIA  2024 2(1):24; https://doi.org/10.12410/sia0201008
Received: 1 November 2024 / Accepted: 15 November 2024 / Published Online: 27 November 2024
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Abstract

This study investigates the evolving trends in employee training and skill development in Singaporean companies from 2018 to 2023, focusing on key areas such as digital skills, leadership, innovation, and employee engagement. Using publicly available annual reports from 12 prominent companies across five industries—Finance, Technology, Healthcare, Manufacturing, and Real Estate—keyword frequency analysis and industry comparisons were conducted to identify patterns in training priorities. The results indicate a notable increase in the emphasis on digital skills and leadership development, particularly within the Finance and Technology sectors, reflecting the broader trend of digital transformation and innovation. While employee engagement showed varying trends, particularly spiking in Healthcare during the pandemic, the focus on innovation remained crucial across all sectors, especially in Manufacturing. The findings suggest that Singaporean companies are adapting their training strategies to meet industry-specific challenges and global trends. The study offers practical recommendations for businesses to prioritize digital skills and leadership training and highlights the need for targeted strategies to enhance employee engagement and innovation.

Keywords: Digital Skills; Leadership; Innovation; Employee Engagement; Training;
Copyright: © 2024 by Zhang. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Zhang, Y. Trends in Employee Training and Skill Development in Singaporean Companies: A Five-Year Analysis (2018–2023). Scientific Innovation in Asia, 2024, 2, 24. doi:10.12410/sia0201008
AMA Style
Zhang Y. Trends in Employee Training and Skill Development in Singaporean Companies: A Five-Year Analysis (2018–2023). Scientific Innovation in Asia; 2024, 2(1):24. doi:10.12410/sia0201008
Chicago/Turabian Style
Zhang, Yongqi 2024. "Trends in Employee Training and Skill Development in Singaporean Companies: A Five-Year Analysis (2018–2023)" Scientific Innovation in Asia 2, no.1:24. doi:10.12410/sia0201008

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