3 in 5 workers willing to take contract roles
But only if they couldn't find the right job options.
Three out of five Singaporean professionals will accept a contract role only if they cannot find suitable permanent job options, global recruitment firm Page Personnel Singapore revealed.
According to a survey they conducted, 60% of the respondents also agreed to take on a contract role if they are unemployed for a longer time.
Professionals indicated several considerations to accepting a contracting role, mainly job insecurity at 26%, lack of employee benefits at 24%, and a lower sense of belonging to a company at 23%.
Initiatives to go on contract role include being offered higher than the market rate salary at 30%, equal benefits as permanent hires at 26%, and the assurance that they can convert to a permanent role at 21%.
Overall, the view on contracting is considered optimistic, Page Personnel Singapore said, as 55% think that fixed term employment will have a positive impact on their long-term career.
About 36% that were open to contracting roles had more than 10 years of experience.