Singapore is seeing the highest levels of employee burnout in the Asia Pacific region, according to the newly released Hudson Report: Employment Trends.
A third (32.6 percent) of employees surveyed reported an increase in burnout and 45.5 percent now work 51 hours a week or more.
On a brighter note, hiring expectations in Singapore have seen a slight increase this quarter with 93.2 percent of employers agreeing to increase or maintain headcount in the remaining months of 2012.
About 36 percent of respondents plan to increase headcount while 57.3 percent will maintain the number of employees. A small percentage (6.8 percent) of the employers plan to reduce the number of workers in the fourth quarter.
Hudson says the increase in hiring is due to employee burnout as 60.8 percent of employees in Singapore said their workload has increased over the last year.
"All employers need to be aware that there is a great deal they can do to prevent burnout. They need to provide greater clarity around roles and delivery expectations, improve alignment of employee skill sets and job requirements and hire contractors to support employees at risk of burnout," said Andrew Tomich, executive general manager of Hudson Singapore.
High and low growth sectors
More than half (56.7 percent) of employers in Healthcare & Life Sciences plan to increase headcount over the next quarter and about a third (34.3 percent) of employers in Manufacturing & Industrial sector intend to increase headcount this quarter.
Hudson cites IT&T enterprises to be among the most likely (16.7 percent) to decrease headcount, followed by Manufacturing & Industrial (7.5 percent) and Banking & Financial Services (7.4 percent).
The contracting market remains steady in Singapore and figures for the fourth quarter show that about 78 companies intend to maintain their contractor base.
Less than a fifth (17.6 percent) of companies plan to increase their contractor base and 4.5 percent plan to reduce numbers.
"As we move into the final quarter of 2012, it's time for organisations to plan how they will achieve their business goals for 2013," added Tomich. "We are in a highly competitive marketplace and companies that are hungry for talent, as well as those with more modest hiring expectations, need to ensure they have the appropriate strategies in place to help them secure the right people who will stay and add value to their organisation for years to come."
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