Professional Documents
Culture Documents
HIRING
REPORT
the state of hiring
in singapore 2015
THE TOP 9
What Singapore
professionals really want
in a new role in 2015
how to connect
The best way to connect
with talent today
A CHANGING WORLD
How smart businesses
are changing the way they
hire and winning
T he hi r in g r e p o r t 2 015
whos in the
market?
Hiring in Singapore has never been more challenging, nor more
interesting. The diversification of media, the rise of digital and the
evolution of networks mean the quest for talent is now a complex
web that is becoming increasingly difficult to navigate. Is more digital
the inevitable path? Or is a more strategic solution required? Surveying
519 Singapore professionals and hiring managers, Hudson set out to
find out starting by mapping the overall talent market.
IN 2015, THE singapore
WORKFORCE IS OPEN TO cHANGE.
Nine in 10 or 92 per cent of the
workforce are open to being approached
by recruiters, eight in 10 (81 per cent)
have an up-to-date CV and over six in
10 (63 per cent) have an up-to-date
LinkedIn profile, according
to our research.
From one perspective this signals a
natural propensity to be curious: what
9 in 10 open to talking
8 i n 10 have b e e n
approach e d
More than 8 in 10 (83%)
Singapore professionals
have been approached in
the last six months.
m e n mor e OPEN
TO APPROACHES
Of those open to being
approached about new roles
62% are men, 38% women.
whos mr popular?
62%
59%
are male
aged 3650
51%
80%
whos ready to
consider new
opportunities?
most up-to-date
age group on
linkedin: 2035
what job
seekers want
In 2015, any successful hiring process should begin with
mapping the ideal candidate an employer wants: their roles
and responsibilities and therefore skills and experience, aptitude
and traits. From here, the focus must switch to what that ideal
candidate wants.
ENSURING SALARY BANDS ARE
CORRECT AND COMPETITIVE
SHOULD BE AN ABSOLUTE
PRIORITY for Singapore employers in
2015. Our survey results show that a
higher salary is top of the wish list for
what Singapore professionals want in a
new role this year. At 75 per cent, it is
higher salary
better benefits
67%
career progression
67%
strong manager
better
brand
better
job title
Age: 2035
Higher salary: 88%
Career progression: 85%
Better benefits: 70%
Age: 3650
Higher salary: 74%
Career progression: 66%
Better benefits: 65%
64%
59%
Age: Over 50
Better benefits: 72%
Cultural fit: 64%
Higher salary: 57%
37%
36%
26%
20%
69 62 57
%
Higher salary
who wants
what?
75%
This data does not add up to 100% as respondents were asked to give more than one response.
Better benefits
PRIORITIES SHIFT
WITH AGE
For Singapore professionals up to the age
of 50, the focus remains firmly on their career
especially on remuneration and progression.
But after the age of 50 something interesting
happens: salary drops off as the primary driver
and benefits become more important, while
cultural fit climbs to second place on the
priority list.
96
4
Singapore professionals
have spoken. What they
want in 2015 is a
competitive salary,
a generous benefits
package and the
opportunity for career
growth. Employers who
offer that will be well
placed to win talent.
Mark Steyn, Chief Executive Officer, Asia Pacific
5
T he hi r in g r e p o r t 2 015
how to connect
with talent
Digital technology may have forever altered the market but the new
best practice in hiring is far from a digital-only approach. Instead,
our data reveals that Singapore hiring managers are relying on a
more complex, multi-pronged and people-focused approach to
finding and connecting with talent.
SINGAPORE HIRING MANAGERS
HAVE declared that
RECRUITMENT AGENCIES and
personal networks are their most
effective sourcing strategy for talent
in 2015, according to our survey.
Asked to name their most effective
sourcing strategy, Singapore hiring
managers chose recruitment agencies and
their own personal networks, both at 32
per cent. In number two position were
Singapore HIRING
MANAGERS TELL:
recruiters are no 1
LinkedIn
14%
Other social
media
2%
Is social
the
solution?
not on its own:
Only 2% of hiring managers
say other social media is very
effective when sourcing talent.
Own
companys
database
13%
My
personal
network
32%
Recruitment
specialists
32%
SO WHAT IS THE
RIGHT MIX?
advertising LinkedIn
Associations/Groups LinkedIn
recruiter Networking
Open web sourcing Referrals
Conferences & events
Internal
referral
schemes
31%
Headhunting
31%
Online
job boards
17%
SEO Blogs
Hiring managers
who engage a mix
of strategy, people
knowledge and networks will
ultimately be those who win
the best talent. And the key
here is mix; for one job the
sourcing strategy will be a
multiple channel campaign,
for another a recruiters market
connections will result in a
candidate being sourced
on the spot.
Recruiting has evolved
into a complex endeavour;
in 2015 a multi-pronged,
people-focused approach
will be the key to connecting
with great talent.
In todays connected
world, top talent is
everywhere if you
know where to find
them. Sourcing
strategies therefore
need to be both
targeted and
multifaceted, across
a range of appropriate
networks.
Emmanuel White, Regional Director, Hudson Singapore
on the rise
Search Engine Optimisation
(SEO): The nature of writing
job ads has changed forever
88
4 8
%
never do
of hiring
managers
always or
sometimes
use keywords
in job ads
36
over one in
three Singapore
professionals SAY
its very important that they
can apply for jobs over their
mobile phone. And age
impacts this the younger
you are, the more you want
mobile accessibility.
37
37
28
Age: 2035
Age: 3650
%
%
Age: Over 50
%
7
T he hi r in g r e p o r t 2 015
SCREENING, Tests
& INTERVIEWS
Across Singapore, screening is evolving. What we are now seeing is
a gradual evolution in how the business sector views and assesses a
persons aptitude and fit for a role, team and organisation.
TRADITIONAL SCREENING
methods remain strong
in Singapore, with cover letters and
face-to-face interviews still highly
valued: over six in 10 hiring managers
(65 per cent) say cover letters are
important and just one per cent describe
face-to-face interviews as
not important.
Yet the data shows signs of change.
Over one in three (35 per cent) say they
would be open to non face-to-face
interviews in certain circumstances,
a sign that technology like Skype may
come more into play. Whats more,
36 per cent of Singapore professionals
CVs AND
COVER
LETTERS
CVs
Not everyone is tailoring
Just a quarter of professionals
(26%) tailor their CV for every job
application.
COVER LETTERS
Still important: Cover letters still
matter over 6 in 10 hiring managers
(65%) say cover letters are either very
or somewhat important in the job
application process.
THE SOCIAL
FACTOR
79
Interviews
Most likely number of
interview rounds for
singapore professionals: 2
2 interviews: 40%
3+ interviews: 38%
1 interview:
22%
Non face-to-face
interviews:
a new option
35% would be open
to non face-to-face job
interviewing in certain
circumstances.
But face-to-face
interviews still crucial
Only 1% say face-to-face
interviewing is not important.
Test scores
Psychometric
testing on the rise:
36% of professionals say
they are seeing signs of
psychometric testing
use increasing compared
to two years ago.
36
Understanding
what motivates
people is one
of the most
critical levers to
organisational
success.
Simon Moylan, Executive General Manager,
Talent Management, Asia Pacific
46
%
9
T he hi r in g r e p o r t 2 015
15 WAYS TO
HIRE IN 2015
Hiring has changed. To get the best talent today you need to
look beyond active job seekers, beyond standard advertising
practices, beyond yesterdays screening techniques. To
define, find and secure great talent who will help your
organisation succeed, in 2015 you need to think smarter.
CANDIDATES: STAY
PROFESSIONAL ON SOCIAL
Four in 10 hiring managers (41%)
told us they check social media in their
hiring process. To give themselves a
fair chance, candidates must ensure
their digital footprint is clean and
professional.
10
11
Yet personal
networks are MORE
IMPORTANT than ever
The top five most effective
sourcing strategies in our survey
included just one purely technical
platform online job boards. The
rest were all people-based. As our
world becomes more digital and
socially connected, so we reach
more to our personal networks, to
the bonds that connect us and in
which we trust.
UNDERSTAND SEO
88% of hiring managers now always
or sometimes use keywords in their job
ads. To compete, you must too. SEO is
not just a technology initiative, its about
writing high quality, compelling and
search-friendly ads.
13
Methodology
about hudson
T h e h i r i n g r e p o r t 2 015