HeadHunt - In the News - 24 Mar

Google aims to grow headcount in Asia
Singapore - Internet giant, Google, is on the hiring spree in a bid to add 6,000 more people to its global headcount. In Asia, the company says it
would add approximately 500 more people to its payroll. As reported in the local media recently, the Singapore Google office is equipped with perks that match its US headquarters. Some of the perks in the Singapore-based office include free breakfast and lunch, ping pong and table football facilities, Nintendo Wii video gaming stations. The office also offers Osim massage chairs and subsidised massage services with masseurs on call during work hours on a workday.

Wages up due to Singapore economic recovery
Singapore - Employees here earned 5.6 percent more last year due to the country’s economic recovery. According to latest earning figures released by the Manpower Minister (MOM) recently, it found that the average earnings of a Singapore worker rose from $3,872 in 2009 to $4,089. This figure was derived from data on workers’ contributions to their Central Provident Fund, and reflect the average incomes of full-time
and part-time local workers. While these figures include permanent residents, they exclude the self-employed. Despite the increase in wages, real earnings growth decreased to 2.7 percent after taking into account last year’s inflation of 2.8 percent.

Hiring picks up speed in Singapore
Singapore - Singapore firms anticipate an increase in hiring for the second quarter of 2011, according to a survey conducted by recruitment
firm Manpower. In a recent Manpower Employment Outlook Survey conducted among 622 employers, 33 percent of Singapore employers said they anticipate an increase in headcount for the second quarter of 2011. On the other hand, only 3 percent said they would reduce their headcount, while 61 percent expected no change. While the hiring trends look positive across all sectors in Singapore, the most prosperous
labor markets are expected to be seen in the Finance, Insurance & Real Estate sector and the Services sector. Across the region, employer hiring expectations continue to be optimistic as well, especially in countries such as India, Taiwan and China.

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