Seems like our economy is doing so much better than other parts of the world! PMEs like us will be able to enjoy better wages!
http://www.businesstimes.com.sg/breaking-news/singapore/new-market-jobs-driving-wage-inflation-singapore-robert-walters-20140813
New-to-market jobs driving wage inflation in Singapore: Robert Walters
A candidate-driven market is expected to push wage inflation in Singapore, according to the latest Robert Walters Asia Job Index Q2 2014 report.
The report - which tracks job advertising volumes for professional posts across major job boards and national newspapers in China, Hong Kong, Japan, Malaysia, Singapore and South Korea - found that job advertisements were up 59 per cent year-on-year in the second quarter this year.
For Asia, overall job advertisements were up 28 per cent year-on-year, pointing to a more active employment market.
"With the Fair Consideration Framework gathering pace in Singapore, the demand for local talent rose across industries. However, it remained a candidate driven market which left positions vacant for extended periods and longer-running job advertisements," said Toby Fowlston, managing director (Singapore) for recruitment consultancy firm Robert Walters.
http://www.businesstimes.com.sg/breaking-news/singapore/new-market-jobs-driving-wage-inflation-singapore-robert-walters-20140813
New-to-market jobs driving wage inflation in Singapore: Robert Walters
A candidate-driven market is expected to push wage inflation in Singapore, according to the latest Robert Walters Asia Job Index Q2 2014 report.
The report - which tracks job advertising volumes for professional posts across major job boards and national newspapers in China, Hong Kong, Japan, Malaysia, Singapore and South Korea - found that job advertisements were up 59 per cent year-on-year in the second quarter this year.
For Asia, overall job advertisements were up 28 per cent year-on-year, pointing to a more active employment market.
"With the Fair Consideration Framework gathering pace in Singapore, the demand for local talent rose across industries. However, it remained a candidate driven market which left positions vacant for extended periods and longer-running job advertisements," said Toby Fowlston, managing director (Singapore) for recruitment consultancy firm Robert Walters.