, Singapore

Here are the in demand jobs in Singapore over the next 6 months

Bosses to boost headcount in 1H.

Accounting, finance and IT professionals will be in hot demand during the first half of 2014 as businesses expand their products, services and reach.

According to the Robert Half Employment Report for the first half of 2014, released by specialist recruitment firm Robert Half, confidence in the Singapore economy has increased, setting the platform for a period of expansion in 2014.

Robert Half's research is based on a survey of more than 400 corporate leaders in Singapore: 150 senior leaders from the banking and finance services sector; 150 CFOs from the commercial sector companies; and 103 Chief Information Officers (CIOs).

CONFIDENCE LEVELS JUMP

The survey found confidence levels have jumped compared to last year, resulting in a push for growth that will drive employment activity for the next six months.

All three groups are significantly more confident in the economic outlook for Singapore. CFOs working in the commercial or commerce and industry sector are the most optimistic with confidence levels jumping from 78 per cent last year to 93 per cent this year.

EXPANSION WILL DRIVE HIRING ACTIVITY

As a result of their optimism, the next six months will see a boost in hiring activity as companies scout for new talent to fuel their expansion plans.

For senior business leaders working in the banking or financial services sector, 43 per cent plan to add new permanent staff, with 46 per cent maintaining current levels. Another 10 per cent are freezing all new hires while only 1 per cent intend to reduce headcount.

On the CFOs working in the commerce and industry sector, 45 per cent will plan to add new permanent finance and accounting staff, while 53 per cent will be maintaining their current headcount. Only three per cent are freezing all new hires and none forecast a reduction in headcount.

Recruitment of technology professionals will be slightly less active than for finance and accounting professionals with 35 per cent of CIOs planning to add new permanent staff, 59 per cent maintaining current levels, five per cent freezing all new hires and one per cent are looking to reduce headcount.

Ms Stella Tang, Director of Robert Half Singapore said new jobs are being created as companies go for growth.

"Robert Half's survey found business leaders are increasing their permanent headcount because they are brimming with confidence about their economic prospects."

"Last year new hires were mainly to fill jobs cut during the financial crisis. This year the new hires are for new jobs to drive growth plans."

"Companies have the confidence to pursue growth strategies such as pushing out new products and services, as well as expanding into new markets."

“The hiring market for banking, finance and accounting professionals will be particularly active for the next six months. Much of the activity will come from emerging market banks creating a base for themselves within Singapore and the region," Ms Tang said.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.