Online hiring sentiment in the region’s HR and Admin sector continues to be sluggish, as South Asian employers slow the hiring process across support functions, amidst restructuring efforts.
This is according to the Monster Employment Index (MEI), a monthly gauge of online recruitment activity across Singapore, Malaysia and Philippines. The Index tracks overall online hiring activity locally, and include specific data points from the HR & Administrate job pool.
The Philippines dropped to -1%, a huge dip from 9% growth year-on-year reported last month in February. Malaysia reported a -13% decline in hiring of HR and admin professionals in March, falling from -8% year-on-year recorded in February, while Singapore also contracted further at -5% year-on-year.
HR & Admin jobs
Month | Market | 2016 | 2017 | % Growth Y-o-Y |
January |
Singapore | 87 | 82 | -6% |
Malaysia | 65 | 63 | -3% | |
Philippines | 92 | 96 | 4% | |
February |
Singapore | 89 | 86 | -3% |
Malaysia | 62 | 57 | -8% | |
Philippines | 95 | 104 | 9% | |
March |
Singapore | 93 | 88 | -5% |
Malaysia | 75 | 65 | -13% | |
Philippines | 105 | 104 | -1% |
“Support functions like HR and Admin are low in demand, given that organisations are either coping with change or affected by the ongoing turbulent market conditions. HR functions have increased their focus on transformational roles, along with talent across shared services and generalist HR roles, adopting new structures and technology systems, which will eventually make the whole HR system very lean,” said Sanjay Modi, Managing Director of Monster.com (APAC and Middle East).
“Moreover, salaries across the region are getting expensive, which makes businesses shift support staff elsewhere or opt for a contingent workforce. A strong sense of commercial acumen is a bonus for such candidates.”
See: Sluggish Online Hiring for HR and Admin Roles across Southeast Asia
See below trends across Singapore, Malaysia and the Philippines for March 2017:
Singapore
Malaysia
Philippines
The Monster Employment Index is a monthly gauge of online job posting activity, based on a 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.
Also read: Future of HR: Predicting Top 10 Talent Trends in 2017