MORE Singapore bosses expect to ramp up recruitment between April and June, and the proportion doing so is nearing the pre-recession peaks seen in 2007.
A survey of 564 top executives at multinational corporations in March shows 54 per cent expect to hire, buoyed by the strong economy recovery.
This figure is slightly below the 56 per cent peak between January and June 2007, when the economy was booming, said global recruitment firm Hudson in its latest quarterly report released on Tuesday.
The sectors most keen to recruit are banking and financial services, healthcare and life sciences, and manufacturing and industrial.
Only 3 per cent say they will cut headcount, compared to 19 per cent a year ago. They are from IT and telecommunications, media, public relations and advertising.But the optimism of bosses and strong economy did not lift the morale of Singapore workers as much as their counterparts in other parts of Asia.
In Singapore, 35 per cent say employee morale has improved while 34 per cent say it has declined and 31 per cent report no change, said Hudson, which carried out the survey in March amid a surging economy. But in China, for instance, the corresponding figures are: 45, 17 and 38 per cent.
- The Straits Times
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