Singapore’s Location Continues to Attract Multinationals
Singapore’s strategic location in Southeast Asia is continuing to generate strong interest from multinational corporations (MNCs), which regard the city state as an ideal business hub according to Robert Walters.
In its latest half-yearly market update on Singapore, the professional recruitment consultancy says that Singapore’s attractions have led to an increased number of regional offices being established there, creating a demand for shared services functions such as accounting, finance and human resources.
Quality contracting talent has become a viable option for companies as they look to maintain a flexible workforce. Such candidates offer a swift solution to bridging workforce talent gaps in times of maternity cover, permanent headcount freeze or a limited talent pool.
Among the report’s key findings:
“An increasing number of companies are recognising the benefits which contract and temporary hires can offer them,” said Toby Fowlston, managing director, Robert Walters Singapore. “This will be of assistance not just momentarily, but also as a viable long-term headcount solution.”