It’s taking longer to clinch a startup job in Singapore
Employers are becoming cautious.
If you’re looking for a job at a Singapore-based startup, then you should be prepared to wait a little while longer before employers contact you after an interview.
According to a report by Robert Walters, firms are becoming more cautious when it comes to filling job vacancies. Although demand from start-ups and other digital firms jumped in Q1, there was also an increase in the length of time required to successfully hire.
“Caution in the market caused delays in hiring decisions, which led to positions left unoccupied for longer periods of time and repeated job advertising. As employers became more invested in making the right hires and retaining talent, the strategic role of human resources remained critical to organisations,” said Toby Fowlston, Managing Director, Robert Walters Southeast Asia.
Continued investment and interest from venture capital companies in technology start-ups drove job volumes for IT professionals up 8%, while demand from the mushrooming e-commerce and digital sectors saw a 19% spike in marketing job advertisements as companies sought to utilise more creative channels to connect with consumers.
“As employers became more invested in making the right hires and retaining talent, the strategic role of human resources remained critical to organisations,” Fowlston added.