Thursday, November 14, 2024

Singapore job market shows positive growth trends and employment sentiment towards 2024: Reeracoen survey

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Singapore, February 15, 2024 /PRNewswire/ — Recent research by Leela Cohena leading provider of human resources services Singaporeprovides insightful facts about employer hiring motivations and workforce planning across 30 industries. Singapore Towards 2024. investigation Of the 159 companies, the outlook for employment is positive amid economic expansion and new business development.

In particular, demand for specialized skill sets is signaled. singapore’s We focus on building a skilled, future-ready workforce. Mr. Reeracoen Group CEO Kenji Naito “The emphasis on specialized skills is singapore’s Hiring trends reflect the country’s dedication to remaining competitive and innovative in the global marketplace. This focus is critical to employee development and continuous learning. ”

Key findings:

  • Recruitment plan: Of the 159 companies that responded, 95 (59.1%) have hiring plans for 2024, and about half (49.7%) are considering hiring one to three people. Small businesses are showing significant expansion trends, with some planning to hire more than 10 people.

  • Reason for adoption: The main reasons include filling or filling vacancies (35.8%) and responding to business expansion (34.0%). There is a significant demand for individuals who: specialized Skill set (13.8%).

  • Recruitment method: Most companies (88.1%) primarily rely on recruitment agencies for their recruitment needs, but also utilize other platforms such as: my career future and job street is also used.

  • Recruitment agency success: Of the companies that use recruitment agencies, 74.8% have successfully hired candidates in the past year, with each company hiring between 1 and 10+ staff.

Naito added: “The surge in hiring plans highlights the resilience and growth potential of the economy, highlighted by the significant expansion of small and medium-sized enterprises.” singapore’s Serves as a hub for business development. ”

The findings are essential for companies to develop strategic workforce plans that align with emerging hiring trends. Positive emotions also give job seekers the opportunity to join a growth-oriented company and develop professional skills.as Singapore As economic transformation continues, continuous upgrading is essential for long-term career success.

To access more valuable content and stay updated on Reeracoen, please visit the official website: https://www.reeracoen.sg/en/services/recruitment_solutions Follow us on LinkedIn https://www.linkedin.com/company/reeracoen-singapore-pte-ltd-/.

Leela Cohen Group CEO Kenji NaitoLeela Cohen Group CEO Kenji Naito

Leela Cohen Group CEO Kenji Naito

About Reeracoen Singapore Pte Ltd

Reeracoen Singapore Pte Ltd. singapore’s A major recruitment agency. We leverage our extensive network to effectively source and match qualified candidates with partners. As part of the Neo Career Group, customers can rest assured knowing that Reeracoen is committed to providing the same professionalism and quality of service in her 10 offices in six Asian countries. Available. For more information, please visit: https://www.reeracoen.sg/ Follow us on social media.

(PRNewsfoto/Leela Cohen Singapore)(PRNewsfoto/Leela Cohen Singapore)

(PRNewsfoto/Leela Cohen Singapore)

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View original content to download multimedia: https://www.prnewswire.com/apac/news-releases/singapores-job-market-displays-positive-growth-trends-and-hiring- sentiment-for-2024-reeracoen-survey -302061496.html

Source Leela Cohen Singapore



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