Singaporeans confident of an expanding job market later this year

Updated: Oct 2, 2021

SINGAPORE: 58% of Singaporeans are confident there will be a greater number of job opportunities in the later half of the year, according to the H1 2021 Workmonitor survey by Randstad.

The research which was conducted in March 2021, surveyed 34 markets globally with a minimum of 400 respondents in each market. According to its results, 62% of local respondents in Singapore believed the future holds more employment opportunities if they are fully vaccinated against the Covid-19 pandemic.

Randstad Malaysia and Singapore managing director Jaya Dass said the vaccination roll out programme in Singapore had clearly injected a new level of confidence and assurance in the workforce.

“This sentiment is in line with the improving business confidence that we’ve observed since the fourth quarter last year, (4Q20), where more companies started to hire new headcounts. As economic prospects become more optimistic, we can expect the uptick in hiring activities to reach pre-Covid levels in Singapore soon,” she said.

Meanwhile, the survey also revealed that just 70% of respondents wished to return to their workplaces in a post-Covid environment, the lowest percentage in the region. That compared with 92% of respondents in Mainland China, and 85% of respondents in Malaysia and Hong Kong who were looking forward to getting back to the office.

Additionally, 67% of the respondents indicated a preference to continue working remotely until larger numbers of the population had received the Covid-19 vaccine, while 61% said they would feel unsafe at workplaces until others around them had been inoculated against the virus.

Dass said employers needed to design new and inclusive workplace policies to protect both vaccinated and unvaccinated employees, while meeting the workforce’s increasing expectations for remote work.

“There is a different type of energy when working in the office, employees are able to interact with one another in person, have more on-the-job learning opportunities, and for some, help draw a clear line between work and home," she noted.

“The pandemic has irrevocably changed their expectations of work. More employees now prefer greater work autonomy and flexibility to choose their work schedule and location. It should not come as a surprise to employers that some workers will expect remote work to continue even after the pandemic and are willing to switch employers if they are not given the option to exercise their work flexibility."

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