An estimated 40% of Singaporeans are actively job hunting, intensifying the talent competition for employers seeking higher salaries and improved benefits. According to a recent survey by Morgan McKinley, 80% of Singaporean organisations find hiring in 2023 to be highly competitive, with 39% losing out on talent acquisition due to salary and benefits limitations.
Dissatisfaction with their current benefit packages is prevalent among Singaporean workers, with 63% expressing neutrality, dissatisfaction, or high dissatisfaction. The survey also found that 60% of professionals in Singapore are optimistic about receiving a salary increase in 2024, while 72% of employers plan to offer increased salaries for certain in-demand roles."Global markets have presented challenges in 2023, leading companies to be strategic with their hiring efforts. The job market is still active for top talent, but various factors, including jobseeker apprehension and skills shortages, have made it difficult.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.