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Employers in Singapore will be focused on improving the quality of candidates attracted as well as hiring cost savings this year.
Based on the findings revealed in Resource Solution’s Recruitment Outsourcing Insights, it was also found the service provided by hiring managers, the candidate experience and market intelligence rounded up the top five recruitment priorities for Singaporean professionals.
“Cost savings as a recruitment priority has become significantly more important and was ranked as the number two priority for companies across the region in 2013, compared with a number five ranking in 2012,” the report said.
The report also found Malaysia and Hong Kong identified quality of candidates as the top priority. However, Malaysia’s second biggest priority was the service provided by hiring managers while Hong Kong was focused on the candidate’s experience.
While it is evident from these findings that quality is a critical aspect of the recruitment process, Resource Solutions found clients were “missing opportunities by not seeking the feedback that they could from managers, candidates or suppliers”.
The report found two thirds of respondents don’t measure the performance of their recruitment agencies or regularly survey both successful and unsuccessful applicants for feedback on their experience. More than half (56%) also admitted to not regularly surveying managers to measure they own satisfaction with the recruitment process or practices.