Taiwan employers expect strong staff hiring in Q2: survey
2005/3/17
By Jason Tan The China Post
Taiwanese employers are slated to recruit more staff during the second quarter, with the most buoyant outlook reported by the finance, insurance, and real estate industries.
According to the latest survey by Manpower Services Taiwan, an employment services provider, 39 percent of the 1,432 organizations polled expect hiring to increase during April to June, while four percent project a decrease in hiring activities and 47 percent cited no change in manpower.
Taiwan's Net Employment Outlook index, the net percentage of employers planning to take on more staff, stands at 35 percent in Q2.
It will record the most manpower demand of all 21 countries and territories surveyed, alongside Japan, informed Dennis Lee, its general manager.
The seven Asia-Pacific countries in the survey comprise Taiwan, China, Japan, Australia, New Zealand, Hong Kong and Singapore. Taiwan and China are included for the first time.
"The Asian job market is going to be very hot in the next quarter, with Taiwan, Japan, China and New Zealand being the top four countries/territories showing the highest hiring intention among all 21," he said at a press conference announcing the results yesterday.
China records Net Employment Outlook index of 28 percent, with mid-level management staff as the most sought after candidates.
Hong Kong's index stands at 19 percent, maintaining the same pace with the last quarter. Singapore reports a low manpower requirement demand at only 12 percent.
On the local front, the positive index reflects the employer confidence in the current labor market, Lee said.
The finance, insurance and real estate sectors show the most positive outlook at 44 percent.
The second highest hiring intention comes from the manufacturing and services sectors at 36 percent.
Meanwhile, the mining and construction, wholesale and retail industries indicate positive prospects at 31 percent. The transportation and utilities sectors record an index of 30 percent.
Agreeing, Amy Han, senior vice president of human resources at SinoPac Holdings, noted that the demand of the local financial sector has been growing consistently.
She said that the sector has routine recruitment campaigns going on every year.
One of such events falls in every February and March, where a number of financial institutions will walk into university campuses to recruit new blood.
SinoPac Holdings, a financial company, is no exception. Han said that it is looking to hire 300 to 500 more staff this year, with positions mainly in the areas of wealth management, IT support and sales.
It is also in the search of Master's degree holders from overseas.
"Under the globalization trend, many enterprises are expanding overseas. We need talents with language ability to work in Taiwan to understand the local culture, then to be transferred to overseas branches," she added.
By Jason Tan The China Post
Taiwanese employers are slated to recruit more staff during the second quarter, with the most buoyant outlook reported by the finance, insurance, and real estate industries.
According to the latest survey by Manpower Services Taiwan, an employment services provider, 39 percent of the 1,432 organizations polled expect hiring to increase during April to June, while four percent project a decrease in hiring activities and 47 percent cited no change in manpower.
Taiwan's Net Employment Outlook index, the net percentage of employers planning to take on more staff, stands at 35 percent in Q2.
It will record the most manpower demand of all 21 countries and territories surveyed, alongside Japan, informed Dennis Lee, its general manager.
The seven Asia-Pacific countries in the survey comprise Taiwan, China, Japan, Australia, New Zealand, Hong Kong and Singapore. Taiwan and China are included for the first time.
"The Asian job market is going to be very hot in the next quarter, with Taiwan, Japan, China and New Zealand being the top four countries/territories showing the highest hiring intention among all 21," he said at a press conference announcing the results yesterday.
China records Net Employment Outlook index of 28 percent, with mid-level management staff as the most sought after candidates.
Hong Kong's index stands at 19 percent, maintaining the same pace with the last quarter. Singapore reports a low manpower requirement demand at only 12 percent.
On the local front, the positive index reflects the employer confidence in the current labor market, Lee said.
The finance, insurance and real estate sectors show the most positive outlook at 44 percent.
The second highest hiring intention comes from the manufacturing and services sectors at 36 percent.
Meanwhile, the mining and construction, wholesale and retail industries indicate positive prospects at 31 percent. The transportation and utilities sectors record an index of 30 percent.
Agreeing, Amy Han, senior vice president of human resources at SinoPac Holdings, noted that the demand of the local financial sector has been growing consistently.
She said that the sector has routine recruitment campaigns going on every year.
One of such events falls in every February and March, where a number of financial institutions will walk into university campuses to recruit new blood.
SinoPac Holdings, a financial company, is no exception. Han said that it is looking to hire 300 to 500 more staff this year, with positions mainly in the areas of wealth management, IT support and sales.
It is also in the search of Master's degree holders from overseas.
"Under the globalization trend, many enterprises are expanding overseas. We need talents with language ability to work in Taiwan to understand the local culture, then to be transferred to overseas branches," she added.
posted by jason tan @ 2:13 AM
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