Jobseekers' market forces Singapore companies to shake up culture, hire abroad

BORDERS are reopening and businesses are getting back into the swing of things, but a talent crunch that emerged at the height of the Covid-19 pandemic is showing no signs of abating.

Job vacancies are at a record high and there are more openings than unemployed persons in the country. Companies are therefore having to rethink the way they hire, retain and grow.

For private markets platform ADDX, the current manpower situation has meant roles are taking longer to fill.