AMID the depths of the recession last year, accounts executive Wayne Ng counted his lucky stars that he had managed to secure a job with one of the big four accounting firms.
There was just one snag though - it was not a permanent job but a two-year contract.
'Obviously, I would have preferred a permanent job, but this was a chance to work with one of the most prestigious firms. It would perk up my CV... and I knew it would give me valuable exposure,' said Mr Ng.
Human resource experts agree that working under such contracts is becoming the norm, especially as the concept of a 'flexible workforce' becomes increasingly in vogue.
'It is highly likely that contract employment is here for the long run, especially with an increasingly mobile workforce,' said Mr Dhirendra Shantilal, senior vice-president Asia Pacific, Kelly Services.
And this is not necessarily a bad thing - for both employees and employers.
- The Straits Times
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