According to the latest report by Hudson, a recruitment firm, approximately 44% of hiring managers in Singapore, are planning to increase the number of permanent employees in the second half of 2016 (2H 2016).
9.2% of hiring managers in Singapore plan in reducing headcount, which brings the net hiring expectation to 34.3%. This is slightly lower than the 35.8% reported in 1H 2016.
“Singapore’s job market is best described as ‘tentative’, with most employers planning to maintain current staffing levels.” - Tulika Tripathi, Managing Director, Hudson Asia
When tracking hiring expectations across sectors, the survey found that employers in the media realm, including public relations and advertising sectors, responded with the most positive hiring intentions, with 67.6 percent planning to raise headcount.
“The switch from traditional advertising channels to newer ones, such as apps, blogs and predictive tools, has meant more work for agencies and has buoyed that sector. However, consultants need the right skills in social and digital just as much as traditional media relations - to be in demand.” - stated Tulika.
Other sectors with positive hiring intentions in Singapore, including healthcare (47.3 percent), information technology (41 percent), manufacturing/heavy industrials (36.4 percent), education (35.5 percent) and backing/finance (34.8%).
All in all, it looks like the status quo will be maintained, for jobs/hiring in Singapore over the next 6 months.
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