Hiring and wage outlook improves after pandemic-hit year Toggle share menu
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Office workers at Raffles Place in Singapore. (File photo: Jeremy Long)
09 Apr 2021 08:50AM) Share this content
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SINGAPORE: Companies across the world have had a tough time over the past year adjusting to the impact of COVID-19.
Within a short time span, companies have had to switch to flexible work arrangements and speed up digital transformations to keep their business afloat.
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Many firms also had to downsize staff and cut or freeze pay along the way.
As economies gradually open up and nations roll out their vaccination programmes, the tide seems to be turning and experts are expecting better hiring and wage prospects for Singapore and the region - particularly for some industries such as technology.
SINGAPORE (The Straits Times/ANN): Manufacturing firms are concerned that the coming cuts in the S Pass quota for the sector will raise wage costs and lead to labour shortages.
SINGAPORE (The Straits Times/ANN):Almost half of all Singapore-based employers plan to increase headcount this year, with a significant number looking for people with information technology or IT capabilities, a survey noted on Wednesday (Jan 20).
2021/01/20 10:00 SINGAPORE
- Media OutReach - 20 January 2021 - Professional
recruitment services firm Michael
Page Singapore launched the Talent Trends 2021 Report, with
a keen eye on Singapore s job market.
While hiring activities dipped 35% in 2020 during the COVID-19 pandemic, 40% of
employers cited their plans to increase headcount numbers this year -
indicating an optimistic recovery path.
Nilay
Khandelwal, Managing Director, Michael Page Singapore Nilay
Khandelwal, Managing Director of Michael Page Singapore, says, Singapore s economy has turned a corner and remains a stable, secure and
trusted hub, with seamless connections. As the economy recovers, investment
into the market will flourish, and that would drive the demand for talent amid