SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

Employers concerned about National Job Bank

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

More than half of employers in Singapore feel the new National Job Bank mandate will not help with their recruitment process.

Last month, the Ministry of Manpower’s announced a new regulation which requires companies to list available job postings paying less than S$12,000 a month on a National Job Bank for two weeks, before being allowed to offer the position to a foreigner.

However, according to a survey of 100 local employers by JobStreet.com, one third believe the new rules will only slow down their recruitment process, while 54% said it will hinder their hiring plans.

Employers in construction, manufacturing and SME industries are expected to be the hardest hit, as jobs in those sectors have generally been unpopular with locals.

Check out the infographic below to find out what else employers in Singapore think of the new National Job Bank.

Image source: JobStreet.com

Image source: JobStreet.com



Gathering 50 top regional chief HR and senior business leaders at a three-day business retreat forum, the exclusive HR Innovation Leaders' Summit will happen from September 9-11. Get involved.

Read More News

Trending

Leave a Reply

You must be logged in to post a comment.