Good News: Nearly 3 in 5 employers are hiring next year

Check out the hottest job functions open for hiring.

Hay Group,today released the results of its report, which showed that despite the continuing uncertainty in the global economy, hiring seems to have picked up in Singapore.

According to the report, 58 percent of the surveyed organisations are planning to increase staffing levels, compared to 50 percent this time last year.

A closer look at the job functions revealed that the top five focus of recruitment is on Engineering (33 percent), Sales (29 percent), Finance & Accounting (21 percent), IT & Telecommunications (19 percent) and Marketing (19 percent).

Mr Chan said, “Due to the type of economy and mix of industries in Singapore, job functions like Engineering, Sales, Finance and Accounting still accounts for the top three most recruited functions. This observation is consistent with results from last year’s market survey.”

At a regional development, overall pay will increase by some 7.5 percent in 2013 in Asia, said Hay Group.

According to Hay Group’s PayNet online salary database, which contains pay data information for more than 14 million job holders in 20,000 organisations across more than 100 countries, most notably, pay rises in the second generation of high growth Asian economies are racing ahead of those of their colleagues in the region’s more developed countries.