Gearing up for new challenges in 2014

The Business Times
Published: 11st Nov 2013

 

How would you assess the business climate in the year ahead? What do you expect to be the top challenge facing your company, and how would you tackle it?

 
ECONOMIC growth for next year is expected to be fairly healthy. I foresee that the demand for manpower will intensify, exacerbated by the spate of curbs to moderate the inflow of foreign workers.
Businesses should brace themselves for a tighter labour market as Singaporean and permanent resident workers continue to be a hot commodity, resulting in increased labour costs.

Fortunately, this situation works to our advantage as our core business is in supplying talent to the market, and the labour shortage should translate to increased demand for our recruitment services.

That said, our company may also face the same challenges in finding and recruiting good talent to grow our organisation. As recruitment specialists, we will deploy the talent acquisition strategies that we have honed over the years, to find and hire the right talent for PrimeStaff, as we plan to continue expanding our business in 2014.

 
Ronald Lee
Managing Director
PrimeStaff Management Services Pte Ltd

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