The speed of the recruitment process is starting to once again increase, although most employers remain uncommitted to exactly when overall recruitment activity will resume, says specialist recruiter Hays.
“Sentiment seems to be improving slightly in the labour market, with a stabilising effect bringing some positivity to hiring plans,” said Chris Mead, General Manager of Hays in Singapore.
“While recruitment freezes are still in place in many businesses, a small improvement in the general outlook and new financial year budgets are allowing some recruitment to take place. Most employers are watching and waiting, but those few that are recruiting are doing so in a speedier manner than we’ve seen in recent months.
“Certainly employers remain cautious, but with the gentle increase in recruitment momentum and market stability, HR and line managers are considering their recruitment processes, which became drawn-out over recent months. They plan to start to quicken the process to secure the best candidates from the generous options available.
“But while the speed of the recruitment process is starting to improve, companies will still approach their recruitment with prudence. The past year has made them far more cautious, so job seekers should still expect a very thorough screening and interview process,” advised Chris.