AGP Executive Report
Last update: 10 hours agoWorkforce Cuts: National Australia Bank plans to cut up to 2,500 jobs by mid-2027, with corporate functions expected to bear the brunt. Volkswagen, meanwhile, is reportedly seeking a global pay freeze through 2030. Pay and Hours: Singapore’s wage council recommends 6%–8% raises for lower-wage workers, as a separate survey finds nearly half of workers put in at least six unpaid hours a week. AI and Skills: A new study will examine whether workforce training is keeping pace with AI adoption, while Singapore is pushing skills-first hiring. GCC public-sector HR leaders are also shifting from workforce management toward transformation and leadership development. Responsible Hiring: A new certification standard aims to independently audit AI tools used in employment decisions, spotlighting employers’ responsibility to check for bias.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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