The job scene looks buoyant with more bosses expecting to boost headcount over the next three months, according to a quarterly survey out yesterday.
It found that 48.7 per cent of employers polled said they intend to hire additional staff - up from 43.2 per cent when the survey was done for the second quarter and the highest level for almost two years.
The survey also showed that only 2.7 per cent of bosses intend to cut headcount - down from 5.2 per cent previously.
Recruitment consultancy Hudson surveyed 337 Singapore employers about their hiring intentions for the three months to Sept 30.
"Hiring intentions are at their highest level since the fourth quarter of 2011, and there is a growing sense of economic confidence in Singapore, which is having a positive effect on hiring," said Mr Andrew Tomich,executive general manager of Hudson Singapore.
Industries with the strongest intentions to hire include manufacturing and industrial, where 50.9 per cent of respondents said they intend to take on more staff in the coming quarter.
Information technology and telecommunications were next with 50.6 per cent, followed by the consumer sector at 42.5 per cent.
The report also pinpointed some hot spots for job seekers, including the manufacturing and industrial sector, where supply chain and project management candidates with regional exposure are needed.
The demand is being driven by the growing use of Singapore as a base for investment and engagement with Asean markets, it said.
About 36.4 per cent of banking and financial services employers surveyed also intend to increase staff numbers while 5.5 per cent plan to cut numbers, a fall of only 3 percentage points from the last survey.
Mr Josh Goh, assistant director of corporate services at human resource consultancy The GMP Group, said employers in the pharmaceutical, biotechnology and chemical sectors are the most active recruiters in Singapore these days.
They are mainly on the lookout for technicians and engineers, he added.
"We do not expect to see an overall spike in hiring activities in this coming quarter as compared to the current quarter... Many will still take a cautious and calculated approach when it comes to hiring," he said.
AllAlloy Dynaweld general manager Victor Khaw said the company, which sells and services welding equipment, is looking to expand its team over the next three months. "The business is still growing, and we're hoping to inject some younger blood... Younger people are usually more willing to travel and can help to inject new ideas into the company," he said.