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Singapore Human Resources Institute, ASME sign MOU

The Singapore Human Resources Institute (SHRI) will provide advice and training assistance to help SMEs develop their human resource expertise, while ASME will open up its events to SHRI members.

SINGAPORE: Singapore Human Resources Institute (SHRI) and the Association of Small and Medium Enterprise (ASME) have signed a memorandum of understanding (MOU) on Monday (June 16) to build on human resource capabilities and membership networks.

Under this agreement, SHRI will provide advisory and training assistance to help SMEs develop their human resource expertise. ASME will also grant associate membership to SHRI, opening up its events to SHRI members to broaden their networks.

Amid a tight labour market, ASME said it is important for businesses to adopt proper human resource practices in order to attract and retain talent, especially the younger workforce.

“With this timely collaboration between ASME and SHRI, we want to help SMEs better manage such challenges. We want to promote and help them implement sustainable measures such as flexi-work arrangements, job re-design and employment of the aged workforce," said Mr Kurt Wee, President of ASME.

Minister of State for Trade and Industry Mr Teo Ser Luck added: "(For) the Gen Ys, it's not about money alone, it's really about how to generate the passion in them, recognise their ability to contribute, provide them the opportunity to grow, it's spending a lot more time and effort in understanding that individual, that person in that company and what are the person's needs." 

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