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To Hire or Not to Hire?

A Report by CYS Global Remit Human Resource Management Unit 



That is the question facing CYS Global Remit. Securing future triumphs for CYS hinge on how it strategically navigates our talent acquisition. The landscape of talent acquisition in Singapore has morphed significantly in recent times, spurred by IT advancements and the emergence of novel FinTech roles in our payment industry. With the disruptive impact of the global advent of payment technology and financial service challenges, fresh hiring trends in our local banking and financial industry have emerged as job seekers demand more from their workplaces. 


In today's fiercely competitive arena in our financial service industry, job seekers are in pursuit of more than just a salary. The battleground often referred to as the 'talent war', ignited by phenomena like the Great Reshuffle and Great Resignation, necessitates that companies prioritize the cultivation of a formidable employer brand. While a corporate brand communicates a company's product and service value, an employer brand showcases why it's an unparalleled place to build a career. In CYS Global Remit, elevating this brand can amplify our recruitment endeavours and magnetize our top-tier talent while retaining existing stars. 


Our CYS employee well-being has transcended traditional boundaries. Previously, it revolved around basic health benefits, but now encompasses a broader spectrum, spanning physical and mental wellness. Because at CYS, we not only provide essential medical benefits, such as covering part of doctor consultation fees and mandated medical leave, but we also cultivate a nurturing mental work environment. We regularly check in with our team members, fostering open conversations to ensure their well-being is prioritized. 


Our employer branding extends to include perks like our communal dining culture and a steadfast commitment to work-life balance. At CYS, we kickstart every day with complimentary breakfasts and free lunches for all employees. This not only fuels their productivity but also fosters camaraderie as colleagues' bond over meals. Additionally, we staunchly advocate for work-life equilibrium, discouraging overtime and encouraging employees to clock off on time. Prioritizing this balance not only boosts morale and engagement but also mitigates burnout, fostering sustained productivity and loyalty. 


In essence, the strategic positioning of CYS Global Remit through talent acquisition and the cultivation of a compelling employer brand is pivotal in navigating the evolving landscape of our workforce dynamics, ultimately propelling CYS Global Remit towards enduring success. 

 


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