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The penalties amount to S$400,000 on Citibank, S$600,000 on OCBC, S$200,000 on Swiss Life and S$2.6 million imposed on DBS. The four institutions were found to have inadequate money laundering and terrorism financing controls in place when they dealt with parties linked to Wirecard. Inefficient And Unengaging Training Makes Employees Seek External Resourcesĭownload The State Of Employee Experience 2023 today to delve into our findings and discover top tips to fuel employee growth and incorporate training into the flow of work.Singapore's financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on DBS, Citigroup, Oversea-Chinese Banking and Swiss Life for breaches related to the Wirecard scandal.Poor Communication Between Managers And Employees Has A Negative Effect On The Workplace.Employees Want To Train On Better Terms: How To Escape "Check The Box" L&D.

Onboarding In The Spotlight: Tips to Stop Losing A-players.

Poor Training And Bad Onboarding Experiences: Our Shocking Findings.

Is the mere thought of learning new technologies overwhelming your employees? Does your team feel like they're quickly approaching burnout or that they're disengaged from the workplace? Is your L&D program venturing into "check the box" territory? Here's a sneak preview of what you'll find in our survey report:

Many job seekers even take learning opportunities into consideration when weighing their options, which means that effective L&D programs help you attract and retain top talent. Every member of your team should have access to training resources and ongoing support to fill gaps and help them fulfill their potential. Get the eBook Do Your Employees Have Room To Grow?Ĥ3% of respondents stated that their employer's training was "outdated." This is a telltale sign that some organizations aren't prioritizing employee development and talent management.