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'More firms plan to boost staff numbers'

Hires in 2nd half of year to go up compared with 1st quarter: Survey

Published on Jul 4, 2014 8:37 AM
The lunchtime crowd at Raffles Place. The banking and financial services industry has the strongest hiring plans, with 56.3 per cent of employers polled planning to hire more employees in this half of the year. -- ST PHOTO: SEAH KWANG PENG

MORE companies are planning to hire additional staff in this half of the year compared with the first quarter, according to a survey.

The survey report yesterday also said companies will have to adjust their employment strategies in line with the Fair Consideration Framework, which will impose stricter rules on hiring foreigners when it takes effect next month.

About 47 per cent of the 425 employers surveyed intend to increase their headcount over the next six months, up 7.8 percentage points from the first quarter.

Only 3.5 per cent said they intend to trim employee numbers.

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