SingaporeSalary&EmploymentOutlook2017Worldwideleadersinspecialistrecruitmentwww.michaelpage.com.sgwillincreaseheadcount36%FINDOUTWHATYOU’REWORTHINTHISREPORTPage06Page05salaryincreaseexpected1-5%EffectiveemployerbrandingTechgrowthtoboostAsia’sjobmarket2|2017SingaporeSalary&EmploymentOutlookSeizingNewOpportunitiesKeyTrendsMadeinAsia:RiseofDomesticBrandsTechGrowthtoBoostAsia’sJobMarketStrongEmployerBranding:AKeytoSuccessContinuedGrowthofContractEmploymentNumbersataGlanceSingaporeOverviewInsights&SalaryBenchmarksEngineering&ManufacturingFinance&AccountingFinancialServicesHealthcare&LifeSciencesHumanResourcesLegalMarketingProcurement&SupplyChainProperty&ConstructionSalesTechnology030405060708103843464852Contents1114183134362017SingaporeSalary&EmploymentOutlook|3SeizingnewopportunitiesHealthcare,technologyanddigitalsectorsearmarkedforgrowthinAsiaCompaniesinAsiaarerampingupeffortstoseizegrowthopportunitiesintheregion,despiteslightlyweakerglobaleconomicsentiment.Byinvestingheavilyinmobile-technologystart-upsandotherinnovations,includingfinancialtechnology(fintech)services,employersarecreatingnewpositionswithanemphasisondigitalskills.Hiringisexpectedtocontinuetogrowinthenext12monthsacrossthetechnologysector.Likewise,thehealthcaresectorisexpectedtobeabrightspotin2017,duelargelytoageingpopulationsaswellasahigherdemandforqualityservices.CountriesacrossAsiaareexpectedtocontinuebuildinguptheirhealthcaresystems,resultinginanincreaseinhiringdemandforqualifiedprofessionalsacrosstheboard.Digitalalsoshowsnosignsofslowingdown,ascompaniescontinuetobuilduptheironlineplatformsande-commercecapabilities.Intermsofhiringintentions,44%ofemployerssurveyedacrossChina,HongKong,Taiwan,Indonesia,Malaysia,andSingaporesaidtheywouldbeincreasingtheircompanyheadcount;while49%saidtheywouldmaintaintheircurrentheadcount.Mid-levelemployeesappeartobethemostsought-afterbycompanies(60%).Contractingappearstohaveriseninpopularityasatalentsolution.InHongKongandSingapore,morethanhalf(60%)ofcompaniessurveyedc...
