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One in two Singapore employers looking to expand headcounts

One in two employers in Singapore will continue to hire in the next six months, according to the latest report by online jobs platform JobStreet.

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In turn, 62% of Singaporean jobseekers surveyed said they felt like they had a strong negotiation position while on the hunt.

“While hiring growth may slow down during times of uncertainty, there is no doubt that it is still a jobseekers’ market right now, and so it’s important for employers to know how to attract, recruit and retain talent,” Peter Bithos, CEO for Asia at Job Street parent company Seek, said.

Top “deal makers” that Singapore job seekers are seeking in new employment opportunities were: a hybrid work model (71%), opportunities for career advancement into leadership positions (44%), opportunities for upskilling and reskilling (26%) and exciting projects and initiatives (25%).

Meanwhile, the top two deal breakers were the states of financial compensation and work-life balance offered by the company.

The Singapore edition of The Future of Recruitment Report was developed by Jobstreet and Seek Asia in partnership with the Boston Consulting Group. Data from 7,000 repondents across 19 industries were used to develop the findings of this study.

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