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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 is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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