EMPLOYMENTMARKET TRENDSIN SINGAPORE

Robert HalfEmployment ReportFor First Half of 2015

© 2015 Robert Half. An Equal Opportunity Employer.

©Robert Half. An Equal Opportunity Employer.

ABOUT THE REPORT

This bi-annual report provides insights into the hiring plans across finance, accounting, banking and financial services, and IT for the first half of 2015.

BANKING &FINANCIAL SERVICES

COMMERCE& INDUSTRY

INFORMATIONTECHNOLOGY

© 2015 Robert Half. An Equal Opportunity Employer.

For this report, we polled:

OPINIONS THAT MATTER

150 CFOs and finance hiring decision makers

150 senior financial services leaders

100 CIOs/CTOs

© 2015 Robert Half. An Equal Opportunity Employer.

BANKING & FINANCIAL SERVICESEmployment Trends for

© 2015 Robert Half. An Equal Opportunity Employer.

52% 39%

2% 7%

Addingpermanent positions

Only fillingvacated positions

Forecasting decreasesand reducing headcounts

Freezingheadcounts

BANKING & FINANCIAL SERVICESHiring Projections

BANKING & FINANCIAL SERVICESConfidence Levels

© 2015 Robert Half. An Equal Opportunity Employer.

How optimistic are leaders about their companies’ business growth trajectory in Singapore?

BUSINESS CONFIDENCE

96%

An overwhelming 96% of leaders said they are confident of their companies’ growth prospects.

Confidence all round

ECONOMIC CONFIDENCE

88%

88% of leaders expressed confidence in Singapore’s

growth prospects.

Counting on Singapore

© 2015 Robert Half. An Equal Opportunity Employer.

Opportunities abound for financial services professionals with the relevant experience this first half of the year.

© 2015 Robert Half. An Equal Opportunity Employer.

In the first half of 2015, demand is in the favour of experts with experience in:

BANKING & FINANCIAL SERVICESMost Sought After Talent

Operationssupport

Accounting/Finance

Risk

Revenue-generating/Business development

Compliance

Challenged to find skilled talent

100%

All banks and financial services companies are facing a challenge

finding skilled talent.

Skilled talent in short supply

Concerned aboutlosing top talent

100%

At the same time, companies are also concerned with retaining

quality talent.

Retention of talent a priority

© 2015 Robert Half. An Equal Opportunity Employer.

BANKING & FINANCIAL SERVICESHiring Trends

COMMERCE & INDUSTRYEmployment Trends for

COMMERCE & INDUSTRYHiring Projections

© 2015 Robert Half. An Equal Opportunity Employer.

53%Ramping up

permanent hiring

39%Replacement

2%Anticipating slowdown

in recruitment

6%Not takingany action

© 2015 Robert Half. An Equal Opportunity Employer.

CFOs and finance leadersare feeling optimistic about growth, and have confidence in Singapore’s economic prospects.

89%

©Robert Half. An Equal Opportunity Employer.© 2015 Robert Half. An Equal Opportunity Employer.

How optimistic are leaders about their companies’ business growth trajectory in Singapore?

BUSINESS CONFIDENCE

Nine out of 10 surveyed expressed that they are confident of business

growth in their companies.

Positivity is in the air

ECONOMIC CONFIDENCE

The same number of respondents also conveyed confidence in Singapore’s future growth.

The future looks bright

89%

COMMERCE & INDUSTRYConfidence Levels

© 2015 Robert Half. An Equal Opportunity Employer.

Demand for finance and accounting professionals is healthy across companies in all sectors, especially for those with the following skills:

COMMERCE & INDUSTRYMost Sought After Talent

Internal Audit

Business/Financial analysis

TaxTreasury

Cost accounting

Accounting

Challenged to find skilled talent

94%

Concerned aboutlosing top talent

89%

With the influx of hiring happeningin early to mid 2015, a major

challenge for companies everywhereis employing skilled talent.

Skilled talent wantedRetaining existing employees is on the minds of employers and

hiring managers too.

Preserving quality talent

© 2015 Robert Half. An Equal Opportunity Employer.

COMMERCE & INDUSTRYHiring Trends

INFORMATION TECHNOLOGYEmployment Trends for

© 2015 Robert Half. An Equal Opportunity Employer.

INFORMATION TECHNOLOGYHiring Projections

50%Increasing headcount

of permanent staff

42%Filling up

vacated positions

2%Expect a decline

in hiring

6%Freezing

headcounts

84%

©Robert Half. An Equal Opportunity Employer.© 2015 Robert Half. An Equal Opportunity Employer.

How optimistic are leaders about their companies’ business growth trajectory in Singapore?

BUSINESS CONFIDENCE

95% of CIOs surveyed are confident of business progress in

their companies.

Good news on the horizon

ECONOMIC CONFIDENCE

Confidence in Singapore is strong with 84% of CIOs expressing

confidence in economic growth.

Singapore will thrive

95%

INFORMATION TECHNOLOGYConfidence Levels

IT professionals are sought after across companies in all sectors. Top skills in demand include:

INFORMATION TECHNOLOGYMost Sought After Talent

© 2015 Robert Half. An Equal Opportunity Employer.

Security

Softwaredevelopment

Applicationsdevelopment

Projectmanagement

Networking

Data/Databasemanagement

© 2015 Robert Half. An Equal Opportunity Employer.

The IT sector has always been a hotbed for talent, and this first half of the year’s no different.

Challenged to find skilled talent

98%

Concerned aboutlosing top talent

95%

Technology as an industry moves at breakneck speed so finding the

right fit for the company has been a concern for 98% of CIOs.

Finding the right fitA desire to retain existing top staff

have 95% of CIOs losing sleep too.

Retention is key

© 2015 Robert Half. An Equal Opportunity Employer.

INFORMATION TECHNOLOGYHiring Trends

© 2015 Robert Half. An Equal Opportunity Employer.

We hope this report has been useful and invite you to contact us for help with any of your recruitment needs.

For more information, please visit:

roberthalf.com.sg/employment-report-h1-2015