Recruitment firm Hays said candidates need realistic salary expectations or risk pricing themselves out of the jobs market.
That is because employers are being more cautiously optimistic and will not pay over market-rate salaries to potential candidates, regardless of their specialised skills.
General Manager of Hays in Singapore, Chris Mead, said employers will continue to invest heavily in talent as companies in Asia embark on a new leg of expansion in emerging markets.
At the same time, they are unwilling to consider candidates that they feel are pushing a salary agenda.
He said it is important for candidates to keep their salary expectations in line with the market as employers will only increase rates so far.
Mr Mead said the outlook in Singapore is positive for candidates who want career opportunities within global, progressive organisations - provided they remain realistic in terms of compensation and benefits.
However, there is one area that is bucking the trend.
Candidates who are are looking for specific jobs and in skill short areas can more or less choose their salary and package.
This includes those with digital or e-commerce marketing and brand management expertise.
Another example is the accountancy & finance sector, where employers view candidates as crucial hires with high-level exposure.
Employers are therefore willing to pay competitive salaries in most cases, although the rare skills these roles demand can often make the recruiting timetable longer.
Overall, Mr Mead advised candidates to be open to new opportunities and review their options in the market.
- Channel New Asia
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