Showing posts with label hiring. Show all posts
Showing posts with label hiring. Show all posts

Tuesday, November 16, 2010

International banks preferred by Singapore graduates

International banks preferred by Singapore graduates
Posted: 15 November 2010 2202 hrs

SINGAPORE: International banks have emerged as the preferred employers by Singapore graduates.

According to the Singapore Graduate Barometer 2010 survey which involved some 3,700 final-year students and graduates, Barclays Capital claimed the top spot in overall rankings.

Singapore Technologies Engineering came in second and Citibank was third.

The top ten leading graduate employers included J P Morgan, Credit Suisse and MediaCorp.

The survey revealed that Singaporean students value professional development and promotion opportunities the most.

And a good work-life balance is valued higher than a demanding position.

Survey respondents also indicated that the ability to develop specialised skills is important in their first job.

GTI Media announced the list of most sought-after employers at the Singapore's 100 leading graduate employers awards on Monday evening.

-CNA/ac

- wong chee tat :)

Sunday, January 10, 2010

Survey shows poly graduates in high demand despite downturn

Survey shows poly graduates in high demand despite downturn
By Mustafa Shafawi, Channel NewsAsia | Posted: 06 January 2010 1136 hrs



Photos
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Office workers in Singapore



 Video

Survey shows poly graduates in high demand despite downturn




SINGAPORE: Despite the recession, diploma-holders appear to have no trouble finding work. A recent survey by Singapore's five polytechnics showed that nearly nine in 10 graduates last year were employed, with a growing number seeking temporary jobs.

Fresh grad employment rate stood at 88.3 per cent, while post-NS employment rate was 87.7 per cent.

Renugah Balachandran graduated from Republic Polytechnic last year. Within a month, she found a job with the Singapore Navy, under a scheme that will bond her for four years.

She said: "I wanted a stable job once I graduated so that I don't have to sit down and think that - 'why did I study?'"

Stability is certainly a big draw for the growing number of diploma holders who are looking at the public sector, which also started hiring more aggressively in 2009.

The healthcare and education sectors were among those that stepped up recruitment efforts.

The survey showed that 18.9 per cent of fresh polytechnic graduates found jobs in the civil service, up from 14.3 per cent in 2008 and 12.3 per cent in 2007.
Among post-NS graduates, the proportion went up to 27.3 per cent.

Tan Hang Cheong, principal, Singapore Polytechnic, said: "Last year, the government opened up more places because of the recession. The public sector has now offered better career development, advances, for diploma graduates.

"We hear stories of graduates who've joined the public sector and they've been offered scholarships for further studies and further development if they're doing well in their job."

Pay could be another reason.

Renugah earns about S$2,300 a month including allowance, much higher than the S$1,776 gross her peers earn on average.

Post-National Service graduates earn about S$2,130 on average.

Starting salaries for fresh diploma-holders have dipped and recruiters said anecdotally, wages at bigger firms have gone down to a bigger extent than what smaller firms are offering. Still, the draw remains.

Peter Haglund, country manager, Manpower Inc Singapore, said: "Most of what these MNCs have is a whole package of career management, career prospects and personnel development, which many of the small companies don't have.

"These benefits cost money as well. If you look at the whole employment package, they might not offer less value, but they might offer you less gross salary."

Highest earners are those in the maritime category, with starting pay of S$1,970 gross. Media and Design graduates got the least, at just S$1,642 gross.

With the economy still in recession early last year, more poly graduates chose part-time or temporary work - one in four compared to one in five in the previous survey.

The reasons are varied. Some are holding out for better job opportunities while others have opted for further studies.

Recruiters added that as companies find increasingly flexible ways to manage their manpower, the type of contract work that is being offered has also become increasingly attractive.

Graduate employment data for degree holders is expected to be out in March.
But a survey by the Singapore Human Resource Institute showed that in August 2009, while entry level pay for diploma holders rose slightly from February, that for degree holders dipped.

For instance, those with engineering degrees were offered on average S$2,451, compared to S$2,500 six months before. 

- CNA/vm

 - wong chee tat :)

Tuesday, June 16, 2009

IDA investing S$20m to help IT grads and professionals

IDA investing S$20m to help IT grads and professionals
By Valarie Tan, Channel NewsAsia Posted: 16 June 2009 1116 hrs

SINGAPORE: The Infocomm Development Authority (IDA) is investing S$20 million to help IT graduates and professionals stay employed during the current recession.

The money will be spent on two new programmes – iTAP (Infocomm Training and Attachment Programme) and iLEAD (Infocomm Leadership and Development Programme) – which are expected to benefit 1,000 people over the next two years.

iTAP offers attachment opportunities for fresh IT graduates and professionals at MNCs, local companies and start-ups.

Under iLEAD, IDA will work with the infocomm industry to prepare a pool of professionals for new growth areas through internships and specialised courses.

Acting Minister for Communications and the Arts Lui Tuck Yew gave these details at the official opening of Infocomm Media Business Exchange (imbX) 2009 on Tuesday morning.

He also announced that the Wireless@SG programme, which was launched in 2006, to complement connectivity in the home and office, will be enhanced and extended for another four years till March 2013.

The enhancements include improvements to access speeds of up to 1 Mbps, using a new seamless log-in process.

More services over Wireless@SG, such as cashless payments, location-based and facility-monitoring services, will also be introduced.


- CNA/so

- wong chee tat :)

Sunday, June 14, 2009

PC Show

The PC Show is held on Suntec City and most of you already knew the floor plan.




I looked around and went to have a look at the netbooks and laptops.

- floor plan from bootstrike.com and others(Publicly abvailable via internet. Don't come and sue me)

- wong chee tat :)

Wednesday, April 22, 2009

1-in-3 Singapore professionals "happy" to take up contract work

1-in-3 Singapore professionals "happy" to take up contract work
By Hoe Yeen Nie, Channel NewsAsia | Posted: 22 April 2009 1946 hrs

SINGAPORE: A survey has shown that one in three professional workers in Singapore are happy to take on contract work, but this figure still falls short of the global average of one in two.

The web poll by recruitment consultant Robert Walters saw 4,288 respondents from 17 countries.

700 respondents were from Singapore; of which half said they would consider contract work only if permanent positions were not available. 17 per cent said they would not consider contract work at all.

Across the Asia Pacific, those from Australia and New Zealand were most open to the idea, with six in 10 responding favourably.

42 per cent of professionals in Hong Kong said they would be happy to take on contract work; an equal proportion would consider it if there were no permanent openings; while 16 per cent said no to contract work.

Robert Walters said the numbers reflected more realistic attitudes in the economic downturn.

- CNA/yt

Does this reflect changing of attitudes in the current situation? What do you think?

- wong chee tat :)

Sunday, April 5, 2009

Grads & Money

Which grads earn the most? (and here)

By LIEW HANQING

FRESH graduates from the economics degree programme of the Singapore Management University (SMU) are among the best paid in their peer group, with a median starting salary of $3,300.

Those with distinctions fare even better. The corresponding figure for them is $3,750.

SMU's economics programme is among several local undergraduate courses with a 100 per cent overall employment rate for recent graduates.

Prospective students can now have a better idea of which local degree programmes offers the best pay, thanks to data released by the Ministry of Education (MOE)for the first time this year.

Its Graduate Employment Survey is based on responses from recent graduates of the National University of Singapore (NUS), Nanyang Technological University (NTU) and SMU.

The survey tracks employment data of graduates six months after graduation. The survey results are available on MOE's website, www.moe.gov.sg, on the 'post-secondary education' page.

The information available includes overall employment rates as well as mean and median gross monthly salaries of graduates, organised according to the degree courses offered by each university. (See table right.)

For example, about 90 per cent of mechanical engineering graduates from NUS were employed six months after graduation, with a median gross monthly salary of $2,965.

However, the economy and employment conditions have worsened since these graduates got their jobs. A spokesman for MOE said it would publish the results of the GES annually.

'The data gives prospective students a general indication of the employment conditions of the graduates from the various degree courses offered by our local universities,' he said.

He added that MOE decided to publish the survey results to help students make informed course decisions.

The survey was conducted on graduates who completed their studies between May and June last year and entered the labour market by 1 Nov.

Point of reference

Said the spokesman: 'We understand employment conditions may have changed since, but we hope that the data may still be useful as one point of reference for the students.'

The survey covers most available degree courses, but omits data from law, medicine, pharmacy and architecture, as graduates in these subjects must first undergo professional training.

Most students The New Paper spoke to felt the information was useful for those trying to choose a course of study.

Said Tan Ying Quan, 18, who has applied to both local and overseas universities: 'The information is useful because it allows students to gauge the viability of their studies in the current job market.'

He added that the availability of such employment data would prevent students from having unrealistic expectations of their starting salaries or the likelihood of securing employment upon graduation.

But undergraduate Yvonne Poon, 20, said the starting salary is just one factor that most prospective students look at when selecting a possible future career.

'When it comes to the crunch, surely pay doesn't matter that much - aptitude and passion is more important,' she said.

'You cannot brainwash yourself into developing a liking for, say, the highest- paying job around.'

Undergraduate Joanne Chia, 22, said she felt the information would help job hunters have a good idea of what to expect when they enter the job market.

She said: 'There are still quite a number of undergraduates who don't have an accurate idea of what entry-level pay to expect.

'This information would help moderate their expectations and hopefully help them pick their jobs wisely.'

She added that it would be useful if information such as the names of big-name employers, and the number of graduates they hire from each local university, are published as well.

'That would give us a good idea of our chances of being employed by the more sought-after companies,' she said.




What do you think of the survey?

- wong chee tat :)

Monday, March 16, 2009

Job losses this year expected to exceed 29,000, says SNEF

Job losses this year expected to exceed 29,000, says SNEF
By Asha Popatlal, Channel NewsAsia

SINGAPORE: This year's retrenchment figures are likely to bust the record of 29,000 jobs lost in 1998 during the Asian financial crisis, according to Singapore National Employers Federation’s (SNEF’s) president, Stephen Lee.

Mr Lee was commenting on a survey finding by HR firm Manpower Staffing Services where 636 employers across seven industry sectors were polled.

The survey found that 50 per cent of employers anticipate a cut in headcount, 29 per cent expect no change, while only seven per cent expect to increase staff strength in the second quarter.

On an industry basis, the survey found that the bleakest prospects are in the transport and utilities sectors, followed by public administration and education.

Hiring prospects are also weak in the trade and retail and services sectors, although quarter-over-quarter, there has been a slight improvement in the outlook for the finance, insurance and real estate sectors.

One emerging trend is more contract hiring, which gives more flexibility to employers.

SNEF has seen such numbers growing from 172,000 in 2006 to 190,000 last year and expects it to strengthen further.

SNEF says the silver lining here are the few sectors that are still hiring like the integrated resorts and start-ups, and encouraging take-up rates for training.

13,000 workers from 30 companies are taking up the national training programme SPUR.

But the job situation is likely to get worse before it gets better.

Mr Lee said: "NTUC's secretary-general Lim Swee Say had already said most likely in the first quarter, retrenchment figures will hit 10,000. So if we work on that sort of figure, then I anticipate that in the second quarter, it (retrenchment figures) will continue to escalate. I don't think we have seen the worst yet. Hopefully it will peak out in the second quarter of this year."

- CNA/yt

More S'pore grads jobless

More S'pore grads jobless

The number of degree holders who lost their jobs rose sharply to 14,800, or 21 per cent in December, up from 6,200, or 14 per cent a year ago.

MORE graduates have joined the jobless ranks as companies hit by the economic downturn shed workers.

The number of degree holders who lost their jobs rose sharply to 14,800, or 21 per cent in December, up from 6,200, or 14 per cent a year ago, according to the Ministry of Manpower labour market report released on Monday.

But the below secondary educated formed the largest group of unemployed residents at 21,300, or 31 per cent. Many of them were 40 years or older, making up 15,400 or 22 per cent of all unemployed residents.

'Consequently, long term unemployment for locals at both ends of the education spectrum more than doubled over the year. As at December 2008, 12,900 of the unemployed residents had been looking for work for at least 25 weeks, up from 8,700 in December 2007,' said MOM.

They formed 0.7 per cent of the resident labour force, higher than 0.5 per cent a year ago.

Fewer vacancies
There were 26,100 job vacancies in December, down by 27 per cent from September, and 30 per cent from a year ago.

Many industries reported fewer vacancies than a year ago. The major exception was community, social and personal services, supported by public sector hiring.

Together with higher unemployment, the seasonally adjusted ratio of job vacancies to unemployed persons fell for the fourth straight quarter to 51 openings for every 100 job seekers in December, said MOM. This is comparable to the level in December 2005.

Earnings down
Nominal earnings rose over the year by 2.4 per cent in the fourth quarter, lower than the 5.5 per cent in the preceding quarter. This cut the earnings growth in 2008 to 5.4 per cent over the 6.2 per cent in 2007.

After discounting for inflation which stood at 6.5 per cent in 2008, real earnings declined by 1.1 per cent for the year, after rising by 4 per cent in 2007.

Productivity falls
Dragged down by the contraction in output, labour productivity fell by 12 per cent in the fourth quarter, deeper than the 9 per cent drop in the earlier quarter. In 2008, productivity slid by 7.8 per cent, following the decline of 0.8 per cent in 2007.

'This reflected slower GDP growth and strong employment gains in the first half of 2008,' said MOM.

The labour market is available on the MOM's website at http://www.mom.gov.sg/mrsd/publication.

This is really worrying. Will this batch of graduating students and next batch of graduating students faced the same problems too?

- wong chee tat :)

Friday, March 6, 2009

NCSS says 500 jobs available in social service sector

NCSS says 500 jobs available in social service sector
Channel NewsAsia


SINGAPORE: Calling social workers, therapists, special education teachers, counsellors and nurses. The National Council of Social Service (NCSS) is seeking mid—career professionals to join the social service sector.

NCSS said it is beefing up the sector’s capability and expertise to meet rising social challenges and is looking for those with the relevant skills to fill up the 500 positions available.

It added that it is offering various schemes and scholarships which they can tap on.

Examples are the Bachelor of Social Work programme offered by the Social Service Training Institute (SSTI) and Monash University, as well as the VWO—Charities Capability Fund (VCF) Scholarship Grant for individuals who wish to pursue studies in social work.

Those looking for a mid—career switch can take up the Professional Conversion Programmes for nurses and therapists.

More information is available at this website.

The NCSS is also taking part in the Career 2009 and Education 2009 Fair running from March 5 to 8 at the Suntec International Convention & Exhibition Centre.

CNA/vm

- wong chee tat :)

Friday, February 27, 2009

4,800 flock to job fair

4,800 flock to job fair
On offer: 3,000 places in the service industry
By Tessa Wong

Job-seekers crowding the Jelutung Community Club in Sembawang, where more than 40 employers were offering posts in the service sector at a job fair organised by North West CDC yesterday. In a sign of increasingly hard times, more than 1,000 hopefuls turned up at the job fair within the first hour.

WHEN organisers of a job fair at Jelutong Community Centre in Sembawang opened the doors at 9.30 am yesterday, they were greeted by a long line of waiting people.

Over 1,000 arrived within the first hour of the North West Community Development Council's (CDC) job fair yesterday. By the time it ended at 4.30pm, the number had risen to 4,800.

The event brought together 40 service industry employers offering more than 3,000 jobs and was the largest recruitment fair organised by a CDC.

Fast-food chain McDonald's, security firm Cisco and department store Metro were among those offering jobs, mostly rank and file positions. About 10 per cent were managerial or executive posts.

Many job seekers made a beeline for the Resorts World at Sentosa booth, which had over 1,000 applications by the end of the fair. The integrated resort was offering 300 jobs, half of which are for the Universal Studios theme park.

A sign of increasingly hard times for job seekers, the overwhelming turnout mirrored that at other job fairs held recently. One organised by the South East CDC on Saturday saw over 5,000 hopefuls going after 1,000 jobs on offer.

Yesterday's crowd left Dr Lim Wee Kiak, a Member of Parliament for Sembawang GRC, worried.

He said: 'We were a little surprised by the response. It's a weekday...it's not somewhere in town, yet we are enjoying an overwhelming response. It is a worrisome sign as well.

'I hope that Singaporeans will be a little bit more receptive and take up job offers that may not exactly fit 100 per cent of their criteria, that they will be flexible enough to accept that times are tough.'

The North West district, which includes Woodlands, Bukit Timah and Sembawang, has seen a 43 per cent rise in job seekers between September and last month. Noting the rise among the unemployed and retrenched, mayor Teo Ho Pin said yesterday that the council would be spending $1.6 million this year to help residents find jobs.


See 150 security jobs available at North East CDC job fair


- wong chee tat :)

Monday, February 23, 2009

Raffles Medical to hire 100 Raffles Medical to hire 100

Raffles Medical to hire 100 Raffles Medical to hire 100
Mon, Feb 23, 2009
The Straits Times

By Jessica Cheam

AMID the wosening downturn, private healthcare provider Raffles Medical Group is defying expectations by hiring up to 100 more staff this year.

The group's executive chairman Loo Choon Yong on Monday said the firm is in a 'healthy cash position' and will not shed any staff conduct any layoffs this year.

Instead, it is hiring about 50 to 100 staff 'across the board' - from nurses to specialists - as the group's healthcare business continues to grow.
Group to hire across the board from nurses to specialists.

- http://business.asiaone.com/Business/News/Office/Story/A1Story20090223-123940.html

- wong chee tat :)