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The Pulses of SMEs: Skills Development, Meaningful Work, and Empowerment
Small and Medium Enterprises (SMEs) are crucial to Singapore's economy, representing 99% of all enterprises and employing 71% of the workforce. The Pulse of SMEs explores Singapore’s workforce landscape with a focus on SME employees’ career needs, aspirations, and challenges. It identifies where SMEs are facing difficulties or making strides in upskilling, motivating, and retaining talent. The study adopts a strengths-based perspective and applies archetypal analysis, segmenting organisations into four archetypes based on company types, employee size, and self-reported perception of their organisational growth.