Being a preferred employer in today’s context entails more than merely providing staff members with fair and equal compensation packages with reasonable terms and advantages. It also includes implementing fair employment practices in the workplace, as well as protecting present and projected employees from discrimination and prejudice
Benefits Of Adopting Fair And Progressive Employment Practices
It makes sense economically to implement fair and progressive employment practices. Not only is this the correct thing to do, but it also contributes to the development of an inclusive workforce in Singapore, which has a diverse ethnic group, spiritual, maturity level, and gender makeup. Diversity fosters innovation and creativity within the organisation, making room for new ideas and solutions. Furthermore, because the hiring process is based on talent and skills, individuals will maximise employees’ abilities and potential while also helping to raise satisfaction and decrease turnover.
Creating a safe and welcoming workplace for your employees necessitates the execution of inclusive policies and interventions that appreciate and encourage opportunities for personal development as well as multi-generational and cross-cultural interactions.
Employers must first acknowledge and integrate the truth that the mature workforce will be an important component of Singapore’s future workforce. Employers must provide seasoned employees with the opportunity and materials to help their personal and professional growth.
Companies are encouraged to refer to the guiding principles developed by Singapore’s Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) and to adopt the Tripartite Standard on Age-Friendly Workplaces when developing such policies and initiatives.