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It pays to know your candidates’ salary increase expectations

Home › Insights & News › It pays to know your candidates’ salary increase expectations
Posted On 2019-09-26

Talent shortage, low hiring budgets, difficulty in finding culturally aligned talent with key industry experience and skills. These are some of the challenges faced by employers across Asia in their search for talent.

As the war for talent continues to heat up, the most powerful ammunition that will help employers win over top talent is a sound knowledge of the key factors influencing the decision-making processes of candidates who are making a job switch.

The RGF International Recruitment’s “Talent in Asia” report is where employers can mine precious information and use it to their advantage when formulating hiring strategies to attract top talent.

This particularly so when employers are looking for talent from in-demand sectors, such as healthcare and life sciences, and IT (particularly big data, AI and cyber security), where jobseekers know they can earn competitive salaries and therefore expect a higher level of salary increase when switching jobs.

The report reveals that fair and competitive salaries are more important than career advancement opportunities for 66% of the respondents. Other nuggets of information include the movement trends of job-seekers and the variants in percentages of average salary increase expectations across different industries and markets.

The RGF International Recruitment’s “Talent in Asia” report is a comprehensive analysis of broad industry and country hiring trends across 11 countries and markets in Asia: Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, India, China, Japan, Hong Kong and Taiwan.

Full report here.

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