Cost of Hire not a Consideration for Employers Hiring Non-Singaporeans

Cost of Hire not a Consideration for Employers Hiring Non-Singaporeans
Jobstreet content teamupdated on 10 March, 2022
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3-guys Singapore, 04 September, 2012:A recent JobStreet.com survey revealed that employers and employees shared differing views with regards to the contributions of non-Singaporeans in the company.

Of the 1,400 Singaporean jobseekers and 200 employers who participated in the survey, 93% indicated that their companies hire non-Singaporeans, making up an average of 30% - 50% of the company's workforce.

Interestingly, employers and employees did not share the same views with regards to foreign hire. Low cost of labor, which 66% of locals considered as the reason for hire, was in fact only a pull factor to 16% of employers. 40% of employers shared the sentiment that the flexibility of non-Singaporeans to take up jobs that locals avoid was the main reason for hire.

The survey further established that local employees felt strongest about wages being potentially depressedbylower-costforeign labor. Another concern was losing employment and career advancement opportunities to non-Singaporeans. Anthony Ung, Country Manager of JobStreet.com Singapore commented "Based on the over 35,000 job postings available on JobStreet.com every month, we do see many local employers adopting the "Singaporean-First" policy when hiring. It will be beneficial for local employees to focus on putting their best effort forward rather than speculating about the threats of a co-worker. Very often, these speculations are not reflective of what their employers may think."

27% of locals surveyed expressed that they saw value in working with non-Singaporeans. Amongst the reasons cited, non-Singaporeans were thought to be less demanding at work and better skilled in their area of work compared to Singaporeans.

47% of the employers surveyed reaffirmed their decision to hire non-Singaporeans, citing lower employee turnover rate as the key benefit. Other benefits cited include non-Singaporeans having fewer demands at work and being more willing to put in longer hours at work.

About JobStreet.com

JobStreet operates the JobStreet.com ( www.jobstreet.com ) online recruitment websites presently covering the employment markets in Singapore, Malaysia, Philippines, Indonesia, India, Japan, Vietnam and Thailand. The Group currently services over 80,000 corporate customers and over 10 million jobseekers. JobStreet is listed on Main Board of Bursa Malaysia Securities (JOBST).

Media Contacts:

Frieda Chan

Marketing Manager

Email: [email protected]

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