A policy that forces companies to hire locally is part of a long-term Singaporean strategy to improve local employment and up-skill the nation.
Advice firms hiring and targeting expats, however, have found the restrictions incredibly frustrating and some are at a loss about how to deal with them.
How can companies hire suitably qualified staff and retain them? Can companies stop employees from being poached by rivals?
Click here to read more about Singapore’s recruitment troubles in the latest edition of IA Digital.
IA recruitment poll
In the March 2018 edition of IA Digital, readers were asked: “How difficult it is to recruit qualified financial advisers in your region?”
Unsurprisingly, the most common response across the five regions were:
- United Kingdom – quite difficult
- Asia – very difficult
- South Africa – quite difficult
- Europe – critically difficult
- Middle East – very difficult
