SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

Hiring recruitment microscope

Talent shortage plagues Singapore’s publishing industry

Human Resources magazine and the HR Bulletin daily email newsletter:
Asia's only regional HR print and digital media brand.
Register for your FREE subscription now »

Finding talented and quality staff is the biggest challenge bosses in Singapore’s publishing industry are facing today.

Following reports that bosses in Singapore are “extremely” worried about talent shortage, a study by media agency OMD highlighted “finding the right staff” was the biggest barrier (67%) preventing local publishing firms from expanding their business.

While 89% of respondents stated that they have an in-house technology team, a lack of talent to handle digital media platforms was also highlighted as a concern in the report.

The survey stressed on the need for firms to pay attention to such talent shortages, especially with 72% of respondents stating they are looking to expand their brand overseas.

Other challenges Singaporean publishers reported included rental costs(44%) and a small local market.

One third of publishers also said they face cashflow problems, particularly regarding overseas suppliers.

Image: Shutterstock

Learn at your own convenience with Uniqskills Asia. Top quality online training courses
accessible anywhere, anytime. Learn more about the available courses »

Read More News

Trending

Leave a Reply

You must be logged in to post a comment.