Hiring expectations remain strong, says Hudson

Hiring expectations remain strong, says Hudson
By Stella Lee | Posted: 28 April 2011 2046 hrs

SINGAPORE : Hiring expectations in Singapore remain strong, according to recruitment consultant Hudson.

According to its report, 61 per cent of respondents across all sectors forecast headcount growth for the second quarter of 2011.

This is up 54 per cent from the same period last year.

However, this is slightly lower compared to 62 per cent in the first quarter.

Expectations that hiring will remain steady have also risen slightly on quarter, to 37 per cent from 35 per cent.

The report also mentions that employers face a shortage of skilled talents as well challenges in retaining top employees.

Fifty-two per cent acknowledge that staff retention will be the most challenging HR issue over the next six months.

The single most important reason is a shortage of required skills, cited by 81 per cent of employers.

This is followed by demands of pay rise by workers, as stated by 49 per cent of employers.

Sixty-nine per cent say that they are already finding it harder to recruit top talents compared to the same period last year.

This figure is higher in Hong Kong but lower in China.

- CNA/ms

- wong chee tat :)