While local employers are adopting a cautious outlook towards hiring, there is still demand for talent, as Singapore remains the top choice for many companies to set up regional headquarters, Hudson says.
Employers in Singapore are adopting a cautious outlook towards hiring in the second half of 2015, with 32.1 per cent saying they expect to increase headcount, according to the latest report by recruitment specialist firm Hudson.
This also represents a drop of 4.9 percentage points from the previous six months.
Mr Emmanuel White, regional director of Hudson Singapore, said: “We are seeing companies focus on keeping their headcount lean as they enter the second half of the year. Careful consideration is given before adding new headcount unless it is for a business-critical role, or sales or sales support role, which is where we are seeing heightened demand.”
However, Hudson said that there is still demand for talent, as Singapore remains the top choice for many companies to set up regional headquarters.
Sector-wise, the information communications and technology (ICT) sector has the strongest intention to hire, with a net 55.3 per cent of employers looking to increase headcount.
Professional services, healthcare and life sciences sectors are also likely to recruit.
At the other end of the scale, the banking and finance industry showed the strongest decline in hiring intentions, with a net 21.9 per cent of employers seeking to increase headcount in the second half of this year.
news source & image credits: channelnewsasia.com