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Job seekers in Singapore willing to accept lower pay as Covid-19 pandemic hits hard

A Randstad Singapore survey in June and July found that over 50 per cent of respondents were willing to take on jobs with a lower salary.

Randstad managing director for Malaysia and Singapore Jaya Dass said: “It is clear that the majority of companies have implemented some levels of cost-cutting measures this year.

“(Therefore) those who’ve been retrenched or who are at heightened risk of having their job scope changed significantly are voluntarily revising their salary expectations when looking for a new employer.”

She added that job seekers should not just focus on salary or bonuses. “As long as the remuneration is fair and matches their expectations, candidates should also try to consider the other benefits, such as healthcare and work-from-home allowances.” Read more via StraitsTimes

Pemo Theodore

Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

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