50% of Singapore bosses think National Job Bank won't help their hiring spree

Some even say it will delay the process.

According to a recent JobStreet.com survey involving local employers. This is following the Ministry of Manpower’s (MOM) announcement on 23 September that requires companies to list openings for jobs paying less than S$12,000 a month on a National Job Bank before hiring foreigners, in order to understand how this new implementation will impact recruitment behaviour.

Over 50 percent of employers surveyed do not think the National Job Bank will help them in their recruitment process.

Here's more from JobStreet.com:

A third of respondents feel that the National Job Bank will actually cause a delay in the hiring process.

Small Medium Enterprises (SMEs) and companies in the service, construction and manufacturing industries where jobs are generally not popular with locals are expected to be the hardest hit as companies requiring immediate staff placement will now have to wait an extra two weeks.

“For jobs that have a history of not attracting Singaporeans, it is a waste of time for employers to have to advertise through the new portal and wait 14 days. This will cause unnecessary delays to our recruitment process,” said an employer in the construction business,