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