.
The latest report by human resource consultancy Hudson indicate that more firms are raising headcount in the first quarter, paying bigger bonuses and boosting starting salaries of new recruits.
In a survey of over 400 executives across key business sectors last November, 51 per cent of the firms forecasted increased hiring in the first quarter - a sharp increase from the 34 per cent in the fourth quarter of last year. Only 4 per cent of respondents said that they will decrease headcount this quarter. This is the greatest quarterly jump ever seen since Hudson launched report in Asia in 1998.
Bonuses are also set to rise, with 50 per cent of employers expecting to pay year end bonuses of more than 10 per cent, compared to 28 per cent the previous year, while another 17 per cent expect to pay 20 per cent in bonuses. Employers in the banking and financial services sector plan to pay the highest bonuses, offering substantially more than they did last year, with nearly two-thirds - or 65 per cent - saying that bonuses will be more than 10 per cent while 35 per cent plan to give over 20 per cent.
Most businesses are also looking to pay higher starting salaries to attract managerial talent. Some 42 per cent expect to raise starting salaries by more than 10 per cent, while only 8 per cent said that they will not do it.
Many companies are also developing strategies for employee engagement and talent retention, with 29 per cent identifying mentoring schemes and training programmes as the most valuable measures. Companies are also increasingly optimistic about the future, with 78 per cent of respondents forecasting that their organisation's performance will be excellent or good this
Too early to tell - just wait on to see how much it materialises.
Propaganda again???
Raise will raise lar....
CPF, ERP, GST all also raise together.....
more erp gantries coming out near casino site/venue
Rise and fall of Singapore,
by Angel
written on year 2049,
Chapter one,
SingaChinapore was once a vibrant city rules by true Singaporean....
Originally posted by angel7030:Rise and fall of Singapore,
by Angel
written on year 2049,
Chapter one,
SingaChinapore was once a vibrant city rules by true Singaporean....
are you sure?
Originally posted by FT You Roll back:
are you sure?
Ignore IT. It is known for disrupting discussions in Speakers' Corner
Angel, go post in Tiny TV ba....
ur scriptwriting not bad
fill it with more shows....
Originally posted by Mr Milo:
Angel, go post in Tiny TV ba....
ur scriptwriting not bad
fill it with more shows....
i mean nothing last forever rite, one day, singapore will fall, and the way i look at it, it will fall into the hands of PRC,...you can see it in reality now, so in near future, singapore will be gone...LKY already said, by 2020, China will be nos 1, i bet he will not be around to see it, but he already set a condition and enviroment in Singapore to sound like China, so that when China really take over our parliament, we will be more prepare and perhap already get use to it.
The future is up to one to predict base on the present,
as said, whatever happen in history shaped the present, and whatever happens now will shape the future
Originally posted by angel7030:
i mean nothing last forever rite, one day, singapore will fall, and the way i look at it, it will fall into the hands of PRC,...you can see it in reality now, so in near future, singapore will be gone...LKY already said, by 2020, China will be nos 1, i bet he will not be around to see it, but he already set a condition and enviroment in Singapore to sound like China, so that when China really take over our parliament, we will be more prepare and perhap already get use to it.The future is up to one to predict base on the present,
as said, whatever happen in history shaped the present, and whatever happens now will shape the future
then i better immigrate somewhere else....
Plan first...let me see...migrant to Pandora or Ubin?
More jobs for foreigners
paying bigger bonuses and boosting starting salaries
get ready for another round of pay increments for the ministers