The latest People at Work 2026 Report by ADP Research highlights significant differences in skills readiness, financial security, and career prospects among Singapore’s multigenerational workforce. Workers aged 18 to 26 show the highest skills readiness, with 23% confident in their career advancement over the next three years. In contrast, those aged 27 to 39 experience the strongest career progression but report the lowest financial security, with only 10% feeling financially secure.
Older workers, particularly those aged 55 to 64, face challenges in career development and mobility. Only 4% believe their employers are investing in their skill advancement, and over one-third find job changes increasingly difficult. These findings underscore the need for tailored workforce strategies to address diverse generational needs.
Dr. Nela Richardson, ADP’s chief economist, emphasised the importance of data-driven human capital management strategies to cater to a multigenerational workforce. “By paying employees accurately and on time, using payroll analytics to advance fairer compensation, and investing in tailored upskilling initiatives, employers can build greater trust and support for employees at every stage of their careers,” she stated.
Jessica Zhang, Senior Vice President, APAC, ADP, noted that a multigenerational workforce offers opportunities to harness diverse strengths. She highlighted the importance of creating work environments that facilitate knowledge exchange and support career development across all ages.
The report suggests that embracing generational diversity can enhance business performance by leveraging complementary strengths, ultimately leading to more resilient and productive teams.
