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Old 11th August 2010, 07:04 AM   #1 (permalink)
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A Western invasion?

A Western invasion?

Recruiters here see surge in job applications from UK, North America

by Teo Xuanwei
05:55 AM Aug 11, 2010


SINGAPORE - As the world's economic activity shifts from West to East, so too, are the masses of jobseekers - and an increasing number of them are looking for opportunities in Singapore, which has been tipped to be the world's fastest-growing economy this year.

In the past year, resumes from outside Asia - particularly North America and the United Kingdom - have surged between 20 and 50 per cent, recruiters and headhunters told MediaCorp.

The Singapore economy grew by 17.9 per cent between January and June, and while economic growth is expected to moderate in the second half of the year, officials yesterday maintained the full-year growth forecast at 13 to 15 per cent. This outstrips estimates of around 10 per cent growth in regional powerhouse China.

In contrast, governments in the West are embarking on austerity programmes to cut budget deficits. "Compared to what's happening in their home countries, Singapore's as attractive a place to work as it can get," said Ms Peony Lim from recruitment consultancy Robert Walters.

Ms Lim, who is Robert Walters' associate director (sales and marketing, engineering and supply chain), said jobs in Singapore - particularly in IT, finance and biomedical sciences - were in higher demand compared to the rest of Asia.

"Many multinational corporations base their regional headquarters here, so it's only logical that many want to work at the hub," she said.

Mr George McFerran, of online job portal eFinancialCareers, said the number of Singapore job openings posted on his website have shot up by more than 50 per cent in the past year. A Hudson survey in late June also found 57 per cent of companies here saying they intend to hire.

Last month, Prime Minister Lee Hsien Loong said that about 100,000 foreign workers will be needed this year to sustain the breakneck economic growth.

The demand for new hires here "has not gone unnoticed", said Mr McFerran, who oversees the Asia-Pacific region.

On top of Singapore's abundant job opportunities, headhunters pointed out that job seekers, who often relocate with their families, find Singapore an attractive prospect because of its low crime rate, strong infrastructure and good education system.

In particular, banks are looking abroad for people with specific skills to fill their vacancies in back- and middle-office positions, said Mr McFerran. He said: "They need a high volume of people with these particular skills, and it may be difficult to find enough within Singapore."

Still, employers are not blindly taking in jobseekers because of the manpower crunch, recruiters said. Said Ms Lim: "We see many applications from Eastern European countries, too, but they may not make the cut because of the language barrier or other prerequisites prospective employers are looking for."

Source: http://www.todayonline.com/Singapore...tern-invasion?

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Old 11th August 2010, 11:32 PM   #2 (permalink)
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Re: A Western invasion?

surge of job application, but i have yet to get one i think having an overseas address and phone number is a quick turn off for interview logistics

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