More job seekers refusing job offers: survey
By Saifulbahri Ismail | Posted: 29 June 2010 1508 hrs
SINGAPORE : Many Singapore employers are getting rejections from
candidates whom they've made offers to, given the buoyant job market.
According to recruitment firm, Hudson, 40 per cent of employers in
Singapore it surveyed said that candidates had declined offers of jobs
made to them in the last six months.
This is almost twice as many as the 21 per cent who said that they had
not received any refusals at all in this period.
And as hiring expectations continue to rise, workers will be spoilt for
choice.
Hudson's Executive GM, Georgie Chong, said this makes the recruitment
process more challenging.
"That good candidate in the current market is going to be very protected
by the current employer. If you look at Europe and the US, the economic
outlook there is still weak. Therefore, most of the growth is going to
be piled into Asia. The budget for Asia is more aggressive compared to
the headquarters," said Chong.
The single most important reason for refusing a job offer was the
expectation of higher salaries.
However, Chong pointed out that employers would be willing to meet these
expectations for key positions.
She added that companies may need to pay at least 20 per cent more to
attract these candidates.
Chong said: "In certain sectors, for example in banking, compliance
roles for instance where we need very specialist knowledge or critical
revenue generation positions, and faced with a very tight talent pool,
candidates have an upper hand.
"We've even offered candidates 30 - 40 per cent more but they still
won't move because their employers come back with very aggressive
counter measures."
Such counter offers from the present employer are a significant issue,
being mentioned by 38 per cent of employers in the survey.
The Hudson Report also indicated that many employers recognise they must
increase salaries to retain top talent.
Nearly half of respondents are prepared to offer increments of more than
10 per cent.
Other reasons cited for turning down job offers include candidates
having accepted job offers from other companies.
In addition, the report showed that hiring expectations in Singapore are
at their highest levels in nearly a decade.
57 per cent of respondents across all sectors forecast headcount growth
in the third quarter. - CNA /ls
A continuation to bring bad name to Singaporeans. Nothing is said about the govt endorsing, condoning, practising exploitation. cnn
A load of rubbish good news which is a sign that elections are coming soon and the PAP is using their fake good news propaganda again to win our votes
Utter crap.
I graduated last month and my friends and I are struggling to find a job.
We cant even get into a job interview. How to even reject the offer!!!
Originally posted by Junyang700:Utter crap.
I graduated last month and my friends and I are struggling to find a job.
We cant even get into a job interview. How to even reject the offer!!!
Yup, because it didn't happen to you, it ain't true.
Originally posted by skythewood:Yup, because it didn't happen to you, it ain't true.
So you were the one who rejected the jobs?
Originally posted by Junyang700:So you were the one who rejected the jobs?
Nope, it didn't happened to me... so it ain't true, utter crap i say.
Originally posted by skythewood:Nope, it didn't happened to me... so it ain't true, utter crap i say.
Haix.. Those who rejected the jobs were probably older workers.. in their 30s.... who have work experience and already have a job... and reject the job when they knew the new job pays lower....
For us fresh graduates... finding a job is hard enuff... Everywhere puts "2 years working experience".. wonder where are we going to land for a job interview, lest to even reject and decline a job offer.
Originally posted by Junyang700:Haix.. Those who rejected the jobs were probably older workers.. in their 30s.... who have work experience and already have a job... and reject the job when they knew the new job pays lower....
For us fresh graduates... finding a job is hard enuff... Everywhere puts "2 years working experience".. wonder where are we going to land for a job interview, lest to even reject and decline a job offer.
didn't you just say it is utter crap like 5 minutes ago?
Originally posted by skythewood:didn't you just say it is utter crap like 5 minutes ago?
Yeah.. but the report is misleading in a way it generalises everyone to be in the same situation. I believe more are suffering the same plight as me, as compared to those that reject the jobs.
Originally posted by Junyang700:Haix.. Those who rejected the jobs were probably older workers.. in their 30s.... who have work experience and already have a job... and reject the job when they knew the new job pays lower....
For us fresh graduates... finding a job is hard enuff... Everywhere puts "2 years working experience".. wonder where are we going to land for a job interview, lest to even reject and decline a job offer.
I'm not Univ graduate and I also rejected many jobs offer and also many guys offer, but I'm not in my 30s and I don't have work experience and I don't have a job.
Go and eat your own words ok? Tell me how it taste like ...
Originally posted by Junyang700:Yeah.. but the report is misleading in a way it generalises everyone to be in the same situation. I believe more are suffering the same plight as me, as compared to those that reject the jobs.
Their weapon against the singaporeans is creating sweeping statements.
Some weeks back it was reported that Poly grads grab jobs easily.
i spoken to alot of headhunters since i am back. The job market pick up unevenly ......the banking sector is picking up but the job availabilities are mainly in sales and not alot of people want to take up, also these position don't pay well.
As for other post for professional manager.....I can only said that salaries has dropped.
If you can look at jobstreet.com......manager position only required 1 - 3 yrs experiences that means companies are unwilling to pay.
Service providers salaries are equally bad that reflects the low profit margins.
It is still employers market. I hope in a few months things will get better.....before recession hit in 2011.
I agreed that this report is misleading........
oh by the way as for wages -- always relatives to the cost of Living. So back to square one argument.---- Housing and Transportation,