CFA Society Singapore
SINGAPORE (Sept 11): Companies have started building on their human resources capabilities in order to manage expected organisational expansion amid steady GDP growth forecasts, according to recruitment firm Randstad.
Instead of a hiring boost typically seen between April and September every year, there has been a steady demand for human resources professionals so far in 2018, according to the agency in a quarterly market update for 2Q18.
Looking to expand their global footprint in Asia Pacific, the group says some American and European companies have made several key hires for senior-level management roles to strategise human capital plans and lead several HR teams within the region.
In addition, there has also been an increasing demand for in-house recruiting roles as companies invested more to develop internal HR capabilities.
“Companies that want to have a competitive advantage in today’s fast-moving market environment will need an agile and flexible workforce that is both prepared and capable of addressing challenges quickly,” Randstad says.
“In addition to financial institutions and technology companies, organisations in logistics, industrial and engineering are also becoming more open to having a flexible workforce,” it adds.