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4th Quarter Newsletter 2017 |
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Singapore |
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Hong Kong |
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Hong Kong once again named world’s freest economy |
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The Fraser Institute’s Economic Freedom of the World:2017 Annual Report which compares 159 countries and territories... |
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Hong Kong Salary Overview |
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China |
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China’s workplace Outlook |
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According to one of the major HR consultancies, China’s economic outlook seems promising for the upcoming... |
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China Salary Overview |
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Singapore |
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Employment outlook remains flat in 2017 |
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The outlook for Singapore is expected to remain relatively unchanged from last year... |
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Singapore Salary Overview |
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Thailand |
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Thailand’s auto parts suppliers step up from regional to global suppliers |
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Thailand is now one of the world’s key auto part makers this is all due to the fact that over the past five years Thai exports of auto... |
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Thailand Salary Overview |
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Employment Outlook Remains Flat in 2017 |
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The outlook for Singapore is expected to remain relatively unchanged from last year.
Start-up, eCommerce, Fintech, Gaming, Digital and Technology are likely to be the fast growing sectors, with government support to boost and help start up investment in these sectors.
Funding and networking programs are put into action to support locally-based start-ups setting the path for growth. Employers across these sectors are likely to continue hiring actively, using short term hiring experts from either recruitment firms or freelancers filling niche roles.
Contracting remains popular among start–ups, especially in the areas of development, operations, finance, technology and business support. Using contract workers offers start-ups flexibility in terms of managing cash flow and expenses.
But searching for these candidates remains very challenging since they require specific skills including geographical knowledge and extensive task experience. Although raising the bar for suitable candidates might be beneficial from a business perspective, the practice may not be sustainable due to the lack of supply of candidates fitting these profiles.
Longer hiring processes cost more and leave too large a time gap to catch up with the market development. This also frustrates the business, since leaving roles open for long periods may compromise growth. Employers may need to rethink the whole hiring strategy and adopt an open-minded practice in order to get the right talent on board.
Instead of waiting for the perfect fit, investing into training and development of employees could be the solution. This approach will not only build up the talent pool, but also sets the stage for employee retention and employer branding.
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Top 5 Candidates in Singapore |
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Vice President , Food and Beverage sectors |
Nationality: Canadian |
Languages: English |
Based: Korea |
Availability: Two months' notice |
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Skills:
Experieced in Management and Leadership including Business Leadership, Human Resource Development and Planning, Coaching and Mentoring, Communication / Interaction Management, Strategic Business Development, Financial Management, Marketing and Sales, Guest Service & Satisfaction.
Over the years, and especially in the senior roles, played critical roles within several steering teams that established global brand direction and strategies for all multiple brands internationally and later domestically.
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Chief Executive Officer |
Nationality: Singaporean |
Languages: English and Chinese |
Based: Singapore |
Availability: Two months' notice |
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Skills:
Incumbent in Financial services and Manufacturing sectors.
For more information about these candidates, please contact edwint@gemini.sg.
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Copyright © 2017 Gemini Personnel Limited. All Rights Reserved.
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