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EMPLOYMENT
MARKET TRENDS
IN SINGAPORE
Robert Half
Employment Report
For First Half of 2015
© 2015 Robert Half. An Equal Op...
©Robert Half. An Equal Opportunity Employer.
ABOUT THE REPORT
This bi-annual report provides insights into the hiring plan...
For this report, we polled:
OPINIONS THAT MATTER
150 CFOs and finance
hiring decision makers
150 senior financial services...
BANKING & FINANCIAL SERVICES
Employment Trends for
© 2015 Robert Half. An Equal Opportunity Employer.
52% 39%
2% 7%
Adding
permanent positions
Only filling
vacated positions...
BANKING & FINANCIAL SERVICES
Confidence Levels
© 2015 Robert Half. An Equal Opportunity Employer.
How optimistic are leade...
© 2015 Robert Half. An Equal Opportunity Employer.
Opportunities abound for
financial services professionals
with the rele...
© 2015 Robert Half. An Equal Opportunity Employer.
In the first half of 2015, demand is in the favour of
experts with expe...
Challenged to
find skilled talent
100%
All banks and financial services
companies are facing a challenge
finding skilled t...
COMMERCE & INDUSTRY
Employment Trends for
COMMERCE & INDUSTRY
Hiring Projections
© 2015 Robert Half. An Equal Opportunity Employer.
53%
Ramping up
permanent hiring
...
© 2015 Robert Half. An Equal Opportunity Employer.
CFOs and finance leaders
are feeling optimistic about
growth, and have ...
89%
©Robert Half. An Equal Opportunity Employer.© 2015 Robert Half. An Equal Opportunity Employer.
How optimistic are lead...
© 2015 Robert Half. An Equal Opportunity Employer.
Demand for finance and accounting professionals
is healthy across compa...
Challenged to
find skilled talent
94%
Concerned about
losing top talent
89%
With the influx of hiring happening
in early t...
INFORMATION TECHNOLOGY
Employment Trends for
© 2015 Robert Half. An Equal Opportunity Employer.
INFORMATION TECHNOLOGY
Hiring Projections
50%
Increasing headcount
of p...
84%
©Robert Half. An Equal Opportunity Employer.© 2015 Robert Half. An Equal Opportunity Employer.
How optimistic are lead...
IT professionals are sought after across companies
in all sectors. Top skills in demand include:
INFORMATION TECHNOLOGY
Mo...
© 2015 Robert Half. An Equal Opportunity Employer.
The IT sector has always
been a hotbed for talent,
and this first half ...
Challenged to
find skilled talent
98%
Concerned about
losing top talent
95%
Technology as an industry moves at
breakneck s...
© 2015 Robert Half. An Equal Opportunity Employer.
We hope this report has
been useful and invite
you to contact us for
he...
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Singapore Employment Report For First Half of 2015

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Based on a survey of 400 senior hiring decision makers including CFOs, Financial Services leaders and CIOs in Singapore, the Robert Half Employment Report provides invaluable insights into the hiring intentions and concerns about staff retention in the first half of 2015.

The report also highlights the key challenges that the leaders are facing when finding skilled professionals and profiles business confidence and optimism in Singapore's economic outlook in the first half of 2015.

For more information, visit our website: http://www.roberthalf.com.sg/employment-report-h1-2015

Published in: Recruiting & HR
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Singapore Employment Report For First Half of 2015

  1. 1. EMPLOYMENT MARKET TRENDS IN SINGAPORE Robert Half Employment Report For First Half of 2015 © 2015 Robert Half. An Equal Opportunity Employer.
  2. 2. ©Robert Half. An Equal Opportunity Employer. ABOUT THE REPORT This bi-annual report provides insights into the hiring plans across finance, accounting, banking and financial services, and IT for the first half of 2015. BANKING & FINANCIAL SERVICES COMMERCE & INDUSTRY INFORMATION TECHNOLOGY © 2015 Robert Half. An Equal Opportunity Employer.
  3. 3. For this report, we polled: OPINIONS THAT MATTER 150 CFOs and finance hiring decision makers 150 senior financial services leaders 100 CIOs/CTOs © 2015 Robert Half. An Equal Opportunity Employer.
  4. 4. BANKING & FINANCIAL SERVICES Employment Trends for
  5. 5. © 2015 Robert Half. An Equal Opportunity Employer. 52% 39% 2% 7% Adding permanent positions Only filling vacated positions Forecasting decreases and reducing headcounts Freezing headcounts BANKING & FINANCIAL SERVICES Hiring Projections
  6. 6. BANKING & FINANCIAL SERVICES Confidence Levels © 2015 Robert Half. An Equal Opportunity Employer. How optimistic are leaders about their companies’ business growth trajectory in Singapore? BUSINESS CONFIDENCE 96% An overwhelming 96% of leaders said they are confident of their companies’ growth prospects. Confidence all round ECONOMIC CONFIDENCE 88% 88% of leaders expressed confidence in Singapore’s growth prospects. Counting on Singapore
  7. 7. © 2015 Robert Half. An Equal Opportunity Employer. Opportunities abound for financial services professionals with the relevant experience this first half of the year.
  8. 8. © 2015 Robert Half. An Equal Opportunity Employer. In the first half of 2015, demand is in the favour of experts with experience in: BANKING & FINANCIAL SERVICES Most Sought After Talent Operations support Accounting/ Finance Risk Revenue-generating/ Business development Compliance
  9. 9. Challenged to find skilled talent 100% All banks and financial services companies are facing a challenge finding skilled talent. Skilled talent in short supply Concerned about losing top talent 100% At the same time, companies are also concerned with retaining quality talent. Retention of talent a priority © 2015 Robert Half. An Equal Opportunity Employer. BANKING & FINANCIAL SERVICES Hiring Trends
  10. 10. COMMERCE & INDUSTRY Employment Trends for
  11. 11. COMMERCE & INDUSTRY Hiring Projections © 2015 Robert Half. An Equal Opportunity Employer. 53% Ramping up permanent hiring 39% Replacement 2% Anticipating slowdown in recruitment 6% Not taking any action
  12. 12. © 2015 Robert Half. An Equal Opportunity Employer. CFOs and finance leaders are feeling optimistic about growth, and have confidence in Singapore’s economic prospects.
  13. 13. 89% ©Robert Half. An Equal Opportunity Employer.© 2015 Robert Half. An Equal Opportunity Employer. How optimistic are leaders about their companies’ business growth trajectory in Singapore? BUSINESS CONFIDENCE Nine out of 10 surveyed expressed that they are confident of business growth in their companies. Positivity is in the air ECONOMIC CONFIDENCE The same number of respondents also conveyed confidence in Singapore’s future growth. The future looks bright 89% COMMERCE & INDUSTRY Confidence Levels
  14. 14. © 2015 Robert Half. An Equal Opportunity Employer. Demand for finance and accounting professionals is healthy across companies in all sectors, especially for those with the following skills: COMMERCE & INDUSTRY Most Sought After Talent Internal Audit Business/ Financial analysis TaxTreasury Cost accounting Accounting
  15. 15. Challenged to find skilled talent 94% Concerned about losing top talent 89% With the influx of hiring happening in early to mid 2015, a major challenge for companies everywhere is employing skilled talent. Skilled talent wanted Retaining existing employees is on the minds of employers and hiring managers too. Preserving quality talent © 2015 Robert Half. An Equal Opportunity Employer. COMMERCE & INDUSTRY Hiring Trends
  16. 16. INFORMATION TECHNOLOGY Employment Trends for
  17. 17. © 2015 Robert Half. An Equal Opportunity Employer. INFORMATION TECHNOLOGY Hiring Projections 50% Increasing headcount of permanent staff 42% Filling up vacated positions 2% Expect a decline in hiring 6% Freezing headcounts
  18. 18. 84% ©Robert Half. An Equal Opportunity Employer.© 2015 Robert Half. An Equal Opportunity Employer. How optimistic are leaders about their companies’ business growth trajectory in Singapore? BUSINESS CONFIDENCE 95% of CIOs surveyed are confident of business progress in their companies. Good news on the horizon ECONOMIC CONFIDENCE Confidence in Singapore is strong with 84% of CIOs expressing confidence in economic growth. Singapore will thrive 95% INFORMATION TECHNOLOGY Confidence Levels
  19. 19. IT professionals are sought after across companies in all sectors. Top skills in demand include: INFORMATION TECHNOLOGY Most Sought After Talent © 2015 Robert Half. An Equal Opportunity Employer. Security Software development Applications development Project management Networking Data/Database management
  20. 20. © 2015 Robert Half. An Equal Opportunity Employer. The IT sector has always been a hotbed for talent, and this first half of the year’s no different.
  21. 21. Challenged to find skilled talent 98% Concerned about losing top talent 95% Technology as an industry moves at breakneck speed so finding the right fit for the company has been a concern for 98% of CIOs. Finding the right fit A desire to retain existing top staff have 95% of CIOs losing sleep too. Retention is key © 2015 Robert Half. An Equal Opportunity Employer. INFORMATION TECHNOLOGY Hiring Trends
  22. 22. © 2015 Robert Half. An Equal Opportunity Employer. We hope this report has been useful and invite you to contact us for help with any of your recruitment needs. For more information, please visit: roberthalf.com.sg/employment-report-h1-2015

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