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Online recruitment keeps on growing

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Remember the days when social media used to be banned in the office?

Those days are long gone, and social media continues to play an increasingly important role within businesses – especially when it comes to recruitment.

According to the inaugural Monster Employment Index Singapore, year-on-year (Y-O-Y) online recruitment activity went up 6% in May 2014.

The banking, financial services and insurance (BFSI) showed the steepest Y-O-Y growth at 25%, and is also the only industry to boast double digit increments.

At the other end of the scale, the import and export industry fared the worse, with a 10% drop Y-O-Y.

Monster Employment Index Singapore 2014
Monster Employment Index Singapore 2014

When broken down according to occupation, finance and account roles had the biggest Y-O-Y jump at 16%, followed by software, hardware and telecom (14%), and sales and business development, and travel and hospitality (both at 10%).

HR jobs came in fifth at 8%, lagging just behind real estate (9%).

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