Decline in Online Hiring Activity for HR & Admin Professionals in Singapore, Malaysia and Philippines

April 27, 201610:36 am355 views

Online hiring activity for HR and Admin professionals in Singapore, Malaysia and Philippines is on a decline and hiring numbers seem to fluctuate, according to the Monster Employment Index (MEI).

The Monster Employment Index records industries and occupations that show the highest and lowest growth in online recruitment activity in various markets.

Philippines reported -28% drop in annual demand for HR & Admin professionals between March 2015 and 2016, the steepest amongst markets monitored by the index. This is however, a -29% leap from -57% year-over-year slump reported in February 2016.

Singapore on the other hand, reported the least decline in hiring activities at -2% year-on-year. There is also a 7% improvement from -9% registered in February 2016. The occupation however, is amongst the lowest group jobs in Singapore.

Malaysia exhibited -10% year-over-year decline in the hiring of HR professionals, 19% improvement from -29% year-over-year drop registered in February.

HR & Admin jobs:

Month Market 2015 2015 % Growth Y-o-Y
 

January

Singapore 91 87 -4%
Malaysia 83 65 -22%
Philippines 94 54 -43%
         
 

February

Singapore 98 89 -9%
Malaysia 87 62 -29%
Philippines 125 54 -57%
         
 

March

Singapore 95 93 -2%
Malaysia 83 75 -10%
Philippines 97 70 -28%

“As Singapore, Malaysia and Philippines begin to witness some pickups in overall hiring activities, the need for experienced HR professionals to help businesses across these markets, manage business and talent needs will rise. Despite this, the hiring of these professionals hasn’t been particularly positive due to various reasons such as budgets and headcount constraints within organisations,” said Sanjay Modi, Managing Director of Monster.com (India, Middle East, Southeast Asia, and Hong Kong).

Singapore Highlights:

  • Singapore reported 3% year-over-year growth in online hiring in March, up from -7% year-over-year recorded in February 2016
  • The Education and IT, Telecom/ISP and BPO/ITES sectors reported the steepest growth at 9% year-over-year. The Oil & Gas and Shipping/Marine sectors saw the greatest plunge at -2%
  • Customer Service roles saw the greatest growth in demand at 8% year-over-year. Real Estate roles registered the steepest drop at -5% year-on-year.

Malaysia Highlights:

  • Malaysia reported -11% plunge in online hiring between March 2015 and 2016, a leap from -39% recorded between February 2015 and 2016
  • The Advertising, Market Research, Public Relations, Media & Entertainment sector reported the steepest annual growth at 11%, whereas the Logistic, Courier/ Freight/ Transportation, Shipping/ Marine sector continued to report the sharpest year-over-year drop at -30%.
  • Online recruitment of customer service professionals saw the sharpest annual growth, at 10%, while the Software, Hardware, Telecom roles experienced the least demand at -39% year-over-year.

Philippines Highlights:

  • Philippines reported -24% annual decline in online recruitment activities between March 2015 and 2016
  • The Education sector experienced the steepest annual growth at 20%, while the Production/Manufacturing, Automotive and Ancillary sector saw the greatest decline at -58% year-on-year.
  • Online demand for customer service professionals saw the sharpest growth at 21% year-on-year, while Hospitality & Travel professionals remain the weakest in demand at -64% year-on-year.

The Monster Employment Index is a monthly gauge of online job posting activity, based on real-time review of millions of employer job opportunities culled from a large representative selection of career websites and online job listings across Singapore, Malaysia and the Philippines.

The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.

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