News Formal

Business leaders agree firms shouldn’t hire from single nationality

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A recruiter said not a single Singaporean was hired through the Jobs Bank in the three years she worked in an employment agency. Half her division, she added, was made up of foreigners. A bank executive recounted that the trading floor of the multinational bank...

But do Singaporeans lack the relevant skills?

The American Chamber of Commerce in Singapore said that based on its manpower survey last year, US companies here cited soft skills - including adaptability, willingness to take risks, creativity and leadership skills - as being the hardest to find in local workers. This led them to hire foreigners. Mr Melchers said that if a German wealth management firm sets up office here, German clients tend to be more comfortable dealing with Germans. This means it must have German speakers on board.

What is"completely unacceptable in any country", he added, is the practice of recruiting from only one nationality.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Foreign staff at EU firms in Shanghai still unable to return, business group saysSHANGHAI: Over half of European companies in China's financial hub of Shanghai still have foreign staff who are unable to return after coronavirus ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Bharti Airtel partners with Amazon to grow cloud businessBharti Airtel Ltd and Amazon Web Services (AWS) will join forces to develop the Indian telecoms firm's cloud business, allowing it to offer a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »