The Government’s proposed increase in foreign worker levies may signal an intention to push away from the reliance on overseas skilled professionals, but with a shortage of domestic skills and growing workforce mobility it’s up to Singaporean HR and recruitment professionals to think strategically about global workforce mobility in order to recruit successfully over the next two decades.
Singapore-based senior executives stand to gain from robust growth in demand for Managing Directors, Country Mangers, Chief Operating Officers, Chief Financial Officers, Chief Human Resources Officers and Chief Marketing Officers in neighbouring Asean countries. as experience in these areas is often in short supply elsewhere. Experienced and proven leadership is needed to lead multinational companies with Asean operations to their next stage of expansion and development.
Globally, 2011 is said to be the year of the smartphone. Although adoption rates have seen continuous growth across the world, cheaper devices and subscription plans will ensure a very significant increase in smartphone penetration. As consumers switch to more sophisticated devices the world over, marketers continue to see an opportunity for innovative mobile campaigns to engage consumers.
A poll conducted by Robert Walters in 2010 found that more and more professionals in the Asia-Pacific region were looking to develop their careers overseas.
The first quarter of 2011 will be an active one for recruitment, with a particular focus on securing permanent staff in response to improved market conditions and confidence.
Consumers depend on Fidrec, the Financial Industry Disputes Resolution Centre, and its job is to mediate disputes between customers and financial institutions.
Commentary
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