Employment expectations remain steady

Singapore – According to a recent Hudson study, expectations to hire remain steady at 54% in Q3 2007, but the market is still candidate-short.

Thirty eight percent of the respondents say skill shortage is still the number one problem faced by employers. To attract the talent required, companies have come up with incentives such as higher salaries and performance bonuses.

The report also shows that more than half of the companies surveyed in Singapore do not have a work-life balance policy in place. For companies which have implemented work-life balance policies, the most commonly offered incentive is flexible hours.