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The 2024 SME Sentiment Report

How are SME leaders feeling about the new year? What opportunities and challenges lie ahead?


To help you better understand the current business sentiment in Singapore, we polled 510 leaders in small and medium businesses* alike in November 2023.

Download the report now

Trending in Singapore

Exclusive insights, content and events to help grow your business. For SMEs on the up.

Big ideas. At your fingertips.

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How Human Inc. uses Employment Hero as their Swiss army knife for HR
icon-blog Case Study
How Human Inc. uses Employment Hero as their Swiss army knife for HR

“Employment Hero is like a Swiss Army knife for HR” – Azzira, HR leader

Employment Hero Surpasses $250M ARR, Accelerating its mission to make employment easier for small businesses
icon-blog Blog
2 min read
Employment Hero Surpasses $250M ARR, Accelerating its mission to make employment easier for small businesses
Employment Hero surpasses $250M ARR and achieves profitability
icon-blog Blog
4 min read
Employment Hero surpasses $250M ARR and achieves profitability

We’ve reached an exciting milestone – $250M ARR and we’re now profitable.

Employment Hero is joining forces with Canadian-based HR and payroll company, Humi
icon-blog Blog
2 min read
Employment Hero is joining forces with Canadian-based HR and payroll company, Humi

We’re thrilled to announce that Employment Hero is joining forces with Humi

Latest data from Employment Hero signals shifts in holiday workforce trends
icon-blog Blog
3 min read
Latest data from Employment Hero signals shifts in holiday workforce trends
Employment Hero acquires Canadian employment platform Humi in $100M+ global expansion move
icon-blog Blog
2 min read
Employment Hero acquires Canadian employment platform Humi in $100M+ global expansion move
Product Update December 2024
icon-blog Blog
3 min read
Product Update December 2024

Read our December 2024 product update as we share all of the latest and greatest features.

Product Update November 2024
icon-blog Blog
6 min read
Product Update November 2024

Follow our November 2024 product update as we share all of the latest features over the past month.

Employment Hero and Medibank bring private health insurance to 1m employees
icon-blog Blog
2 min read
Employment Hero and Medibank bring private health insurance to 1m employees
Everything You Need to Know About the Start Digital Grant Under the NCSS TechAndGO! Initiative
Everything You Need to Know About the Start Digital Grant Under the NCSS TechAndGO! Initiative

Discover the Start Digital Grant under NCSS’s TechAndGO! initiative.

10 point HR and payroll compliance checklist
icon-blog Checklists
10 point HR and payroll compliance checklist

Get peace of mind with our 10 point HR and payroll compliance checklist.

What is Enterprise Singapore's Process Redesign Grant and how can it benefit your business?
icon-blog Blog
7 min read
What is Enterprise Singapore's Process Redesign Grant and how can it benefit your business?

Here’s everything you need to know about Enterprise Singapore’s Process Redesign Grant!

Product Update September 2024
icon-blog Blog
7 min read
Product Update September 2024

Follow our September 2024 product update as we share all of the latest and greatest features.

Employment Hero Data Reveals Two-Speed Economy: Ongoing ‘Wageflation’ and Shrinking Hours
icon-blog Blog
3 min read
Employment Hero Data Reveals Two-Speed Economy: Ongoing ‘Wageflation’ and Shrinking Hours
POSH nails employee shift scheduling with Employment Hero
icon-blog Case Study
POSH nails employee shift scheduling with Employment Hero

POSH knew they had to digitise their HR, payroll and rostering processes in order to grow.

Journey Indoor Cycling Studio empowers fitness communities with Employment Hero
icon-blog Case Study
Journey Indoor Cycling Studio empowers fitness communities with Employment Hero

Journey Indoor Cycling Studio knew they had to digitise their processes in order to grow.

Mintable drives digital asset innovation forward with Employment Hero
icon-blog Case Study
Mintable drives digital asset innovation forward with Employment Hero

Mintable knew they had to streamline their HR and payroll processes in order to save time.

From Hi to Hired: Hire Faster, Hire Smarter.
icon-blog Webinar
From Hi to Hired: Hire Faster, Hire Smarter.

This session will equip you with techniques to streamline hiring, enhance candidate experience.

Product Update August 2024
icon-blog Blog
6 min read
Product Update August 2024

Follow our August 2024 product update as we share all of the latest and greatest features.

[Guide] How to setup payroll for small businesses
[Guide] How to setup payroll for small businesses

Find out how to setup payroll for small businesses in Singapore with our step-by-step guide.

Employment Hero Brings Unparalleled Real-Time Transparency to the Employment Marketplace
icon-blog Blog
4 min read
Employment Hero Brings Unparalleled Real-Time Transparency to the Employment Marketplace
Wellness at Work 2024: Building healthier, more engaged workplaces
icon-blog Webinar
Wellness at Work 2024: Building healthier, more engaged workplaces

Join us in our webinar to learn more about wellness and work, and how employers can provide support.

6 soft skills crucial for strong and effective leadership
icon-blog Blog
7 min read
6 soft skills crucial for strong and effective leadership

Discover the top soft skills you need to master to lead with confidence, empathy and success.

Small Business Owner’s Guide to Applying for the PSG Grant
icon-blog Blog
6 min read
Small Business Owner’s Guide to Applying for the PSG Grant

Find out if you are eligible for the PSG grant and how to apply for it here.

Key learnings from HR Tech Festival Asia 2024
icon-blog Blog
13 min read
Key learnings from HR Tech Festival Asia 2024

Gain valuable and thought-provoking insights from industry leaders at the HR Tech Fest.

Flexible Working Policy Template [Free Download]
icon-blog Policies
Flexible Working Policy Template [Free Download]

This free flexible working policy template is in line with TAFEP’s newly released FWA guidelines.

Best practices for flexible work arrangements (FWAs) in Singapore
icon-blog Blog
10 min read
Best practices for flexible work arrangements (FWAs) in Singapore

Let’s take a deep dive into flexible work — what it is, the laws around it, and how to implement it.

Payroll continuity checklist
icon-blog Checklists
Payroll continuity checklist

This comprehensive guide empowers employers to pinpoint potential risks to their payroll operations.

[Cheatsheet] How Employment Hero can help you with employee retention
icon-blog Infographics
[Cheatsheet] How Employment Hero can help you with employee retention

Check out our employee retention cheatsheet to find out how to hire and keep top talent.

Acoerela empowers industry innovation with Employment Hero
icon-blog Case Study
Acoerela empowers industry innovation with Employment Hero

Acoerela knew they had to digitise their HR and payroll processes in order to save time.

How to grow your business without an HR team
How to grow your business without an HR team

Find out how to grow your business without an HR team and how a powerful HRIS system can help.

Power of Automated Payroll 2024 Report
icon-blog Reports
Power of Automated Payroll 2024 Report

Explore the United Kingdom’s 2024 payroll landscape.

Product Update April 2024
icon-blog Blog
3 min read
Product Update April 2024

Follow our April 2024 product update as we share all of the latest and greatest features.

The Filipino Advantage: Why Hiring in the Philippines Will Boost your Business
icon-blog Blog
3 min read
The Filipino Advantage: Why Hiring in the Philippines Will Boost your Business
AI in recruitment: Strategies, ethics and limitations
icon-blog Blog
8 min read
AI in recruitment: Strategies, ethics and limitations

Discover the current state of AI in recruitment, ethical considerations, and how to use it.

7 best practices when scheduling interviews for candidates
icon-blog Blog
7 min read
7 best practices when scheduling interviews for candidates

Best practices to streamline the interview scheduling process and make a great impression.

10 signs you've outgrown your HR software (and need to make a switch)
icon-blog Blog
10 min read
10 signs you've outgrown your HR software (and need to make a switch)

Is your current HR software keeping up with your business? It might be time to make a switch.

Candidate engagement: Effective strategies to improve your hiring process
icon-blog Blog
10 min read
Candidate engagement: Effective strategies to improve your hiring process

Learn how businesses can build a positive candidate engagement experience.

Employment Hero acquires Employment Innovations ahead of launching fully automated payroll solution
icon-blog Blog
4 min read
Employment Hero acquires Employment Innovations ahead of launching fully automated payroll solution
What your chronotype can teach you about your optimal work pattern
icon-blog Blog
6 min read
What your chronotype can teach you about your optimal work pattern

Chronotypes are human personality types that have everyone talking right now. Which type are you?

Artisan Roastery aces employee shift scheduling with Employment Hero
icon-blog Case Study
Artisan Roastery aces employee shift scheduling with Employment Hero

Artisan Roastery knew they had to digitise their HR and payroll processes in order to save time.

SaaS data security: How to pick a safe and secure SaaS platform
icon-blog Blog
10 min read
SaaS data security: How to pick a safe and secure SaaS platform

Ask these questions to ensure the SaaS platform you choose prioritises data security and protection.

Key learnings from the HR & WorkTech Asia Summit 2024
icon-blog Blog
15 min read
Key learnings from the HR & WorkTech Asia Summit 2024

Discover valuable insights from HR leaders at the 2024 HR & WorkTech Asia Summit.

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