, Singapore

Check out why companies want to hire non-Singaporeans

It isn't about the low cost of labor.

According to a recent JobStreet.com survey, it was revealed that employers and employees shared differing views with regards to the contributions of non-Singaporeans in the company.

Here's more from JobStreet.com:

Of the 1,400 Singaporean jobseekers and 200 employers who participated in the survey, 93% indicated that their companies hire non-Singaporeans, making up an average of 30% - 50% of the company’s workforce.

Interestingly, employers and employees did not share the same views with regards to foreign hire. Low cost of labor, which 66% of locals considered as the reason for hire, was in fact only a pull factor to 16% of employers. 40% of employers shared the sentiment that the flexibility of non-Singaporeans to take up jobs that locals avoid was the main reason for hire.

The survey further established that local employees felt strongest about wages being potentially depressed by lower-cost foreign labor. Another concern was losing employment and career advancement opportunities to non-Singaporeans.

Anthony Ung, Country Manager of JobStreet.com Singapore commented “Based on the over 35,000 job postings available on JobStreet.com every month, we do see many local employers adopting the “Singaporean-First” policy when hiring. It will be beneficial for local employees to focus on putting their best effort forward rather than speculating about the threats of a co-worker. Very often, these speculations are not reflective of what their employers may think.”

27% of locals surveyed expressed that they saw value in working with non-Singaporeans. Amongst the reasons cited, non-Singaporeans were thought to be less demanding at work and better skilled in their area of work compared to Singaporeans.

47% of the employers surveyed reaffirmed their decision to hire non-Singaporeans, citing lower employee turnover rate as the key benefit. Other benefits cited include non-Singaporeans having fewer demands at work and being more willing to put in longer hours at work.  

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Access Partnership closes $16.6m raise with Mayfair and Kartesia
The firm plans to use the capital for acquisitions and to deepen its global footprint.
Saudi Arabia may set up crude oil storage in Singapore
The joint venture will commence in Jurong Island in the second half of 2027.