Manpower wars: Firms urged to use flexible schedules to combat Singapore’s talent dearth

Employees come first in these tight times.

The Ministry of Manpower yesterday released figures on Singapore’s labor market for the first half of the year, revealing that job vacancies have risen while unemployment rate remains low.

According to Randstad, the country continues to be an employees market as employers struggle to fill in-demand positions with skilled talent.

To combat Singapore’s talent dearth, firms should focus on productivity growth by adopting flexible working arrangements to attract ture-age workers and return-to-work mothers

“Developing a strong employer brand can help companies engage employees and create loyalty to their organisation. A strong employer brand needs to demonstrate that employers understand what motivates an employee to join or stay with their organisation – whether it is a competitive salary, flexible working arrangements or career development opportunities – and that they can cater to these needs,” stated Randstad Country Director – Singapore, Michael Smith

“It is encouraging to see strong hiring of Singaporean workers. Amid the continued tight labour market it is important that business leaders continue to focus on productivity growth. To maintain productivity, employers also need to continue offering their workforce relevant upskilling and career growth opportunities to help fill the gaps for in-demand skills,” he added.