Singapore among 'most active hiring markets in the world' for first half of 2014: Study

Office workers crossing Maxwell Road in the central business district (CBD) area on Aug 10, 2011. -- ST FILE PHOTO: JOYCE FANG
Office workers crossing Maxwell Road in the central business district (CBD) area on Aug 10, 2011. -- ST FILE PHOTO: JOYCE FANG

Singapore will be one of the world's most active hiring markets for the first half of this year, according to a new study by recruitment firm Robert Half Singapore.

The Robert Half 2014 Asia Salary Guide, released on Tuesday, also found that most of the jobs available will be in finance, accounting, banking and information technology.

The findings showed that 45 per cent of Singapore companies will hire more finance and accounting professionals in the first six months of this year.

Besides adding new finance and accounting staff, 53 per cent of Singapore chief financial officers will replace staff as and when they leave. Only 2 per cent plan to freeze their headcount.

Singapore is one of only three places where no firm plans to shrink its accounting and finance headcount in the first six months of 2014. The others are the United Arab Emirates and Hong Kong.

The Republic is also the fourth most-active hiring market in the world for accounting and finance professionals. It ranks behind only China, Brazil and Hong Kong.