Online hiring rose 6% in February

The banking, financial services, and insurance sector raised online recruitment by 30%.

Online hiring in Singapore rallied 6% YoY in February. The banking, financial services, and insurance (BFSI) sector led the rise with a 30% increase YoY in online hiring, a Monster report noted.

Meanwhile, the report found that there was no growth in online hiring in March YoY. Despite this, the Monster Employment Index recorded better online hiring for the Lion City in the first quarter of 2018 YoY.

“As companies in Singapore transform and new digital organisational models emerge, it is no surprise that matching talent to the right opportunity will continue to be the most critical task for employers and talent acquisition leaders,” the report noted.

Also read: Hiring intentions in Singapore hit a three-year high

In March, both the BFSI and the information technology sector saw an 18% rise in online recruitment. It was followed by advertising market research, media and entertainment that gained 6%. Meanwhile, online hiring in human resources and administration slipped 5%.

The report also noted that the demand for engineering and production-related professionals rose in the first quarter of 2018.

The Southeast Asia Online Recruitment Trends report looked into an overview of activities in Singapore, Malaysia, and the Philippines for the first quarter of 2018.