Recruitment in Singapore
With the recent drive towards attracting talent to Singapore, many new companies are looking to hire well suited recruits for their enterprises. However, due to the nature of Singapore and how it operates, a one size fits all approach cannot be used to find and hire employees for your business. Instead, companies need to change their approach and hire each candidate based on the needs of the business. With a team of experts and more than a decade of experience, Career-pond has exactly what you need to find and attract the most suitable candidates for your business.
How to Recruit in Singapore
Effective Recruitment Strategies
Understanding the market from both the sides of the employer and the employee is especially important when hiring in Singapore. Internal HR and managers often assume that hiring remains the same as it may in another country, however due to the dynamic nature of the market in Singapore, a different approach must be adopted. Companies will find smaller pools, where candidates vary greatly, which often places companies in contention with each other to get the top talent.
Something quite different from other markets is the candidate’s expectation. Due to the vast variety of candidates, their expectations are often different from each other and different from their home market. For instance, if a candidate is in their home market, he or she may be looking far into the long-term and the career growth a particular company may offer. Whereas if they’re in Singapore, the forecasted time period may not be as long, meaning they will be looking for the near-term benefits that are on offer.
Understanding the Human Element
Yes, we are living in the digital age, but we understand how important the human element is when hiring a candidate. Our internal processes not only take into account the qualifications of a candidate, but we also take an extensive amount of time to research and understand our clients and look for candidates that embody the values our clients are looking for.
Important Recruitment Policies
When hiring on behalf of our clients we do our due diligence to ensure that correct recruitment policies are followed, keeping our clients compliant with regulations. Here are some of the important recruitment policies we implement:
- Fair and transparent hiring – We use a clear criteria for the candidate selection process and we ensure the same criteria is applied to all applicants fairly.
- Equal opportunities – We ensure that the recruitment processes do not discriminate on any grounds such as gender, age, race, religion etc.
- Efficient process – By having a clear process defined we ensure the most suitable candidate is selected. From defining the role to interviews and reference checks, our predefined process is implemented to assist our clients in making the best choice.
- Software development: quality and affordability go hand-in-hand in Singapore's outstanding software development market.
- BPO: an engaged labor market and local presence of companies like Microsoft, Credit Suisse, and IBM make Singapore an ideal destination for outsourcing BPO services.
- ICT: a globally-excellent education system and infrastructure mean that Singapore offers diverse, quality ICT services, including database design and maintenance, data storage, server hosting, and more.
We can also provide recruitment services across other industries, including sales, manufacturing, e-commerce, FMCG, logistics, and more.
Can a Foreign Company Hire Employees in Singapore
If a foreign company operating in Singapore has been correctly incorporated in line with local regulations, that company is able to hire employees. The company must adhere to local regulations when hiring, which include obtaining the correct work visas and employment passes for foreign employees, as well as offering fair labor compensation packages and working conditions to prospective employees.
There are several reasons why Singapore is a great place to work for many employees:
- Economic stability - Singapore has an open economy which remains stable, with a high GDP per capita and low unemployment rates.
- Quality of life - Singapore offers a high quality of life to employees and is highly ranked for its infrastructure, safety and cleanliness among other things.
- Diversity - Singapore is home to people from all over the world. The multicultural society offers a diverse and inclusive place to live and work.
- Business center - With a highly business-friendly environment, many people are attracted to work there because it is a business hub.
A Complete Hiring Solution
As an Employer of Record, Career Pond can go beyond recruitment and provide legal employment for your new team member.
We handle all visas and work permits, make sure contracts meet legal standards, and manage payroll, taxes, and deductions – allowing you to get on with running your business.
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With the recent drive towards attracting talent to Singapore, many new companies are looking to hire well suited recruits for their enterprises. However, due to the nature of Singapore and how it operates, a one size fits all approach cannot be used to find and hire employees for your business. Instead, companies need to change their approach and hire each candidate based on the needs of the business. With a team of experts and more than a decade of experience, Career-pond has exactly what you need to find and attract the most suitable candidates for your business.