Singapore - In an ironic twist, the economic downturn has not dampened recruitment and has even led to activity, a recent Hays Quarterly Report found.
Chris Mead, general manager of Hays Singapore says that while employers are keeping a watch on the crisis, with some, "it is not accurate to assume it has impacted recruitment activity in every sector." Mead cites the economic crisis as a catalyst for creating jobs such as roles in risk mitigation.
"New roles are being created and ongoing hiring activity is constant. Recruitment freezes are not the norm and the outlook for 2009 is positive," Mead says.
According to Hays, some of the most active skills in demand at present include accountancy & finance positions such as tax managers, tax accountants and transfer pricing specialists. In the banking industry, there is still demand for senior private bankers, retail and priority bankers and seasoned trade support operations professionals.