You are visiting this website from:
Find Talent Find a Job

Market insights: How to attract and retain talent.

Stability is likely to be the key this year. As a result, the hiring market will stabilise somewhat and tilt away from being largely candidate driven to more balanced, where the hiring organisations hold more power.


of employers are planning to hire new permanent, temporary or contract staff in the next 6 months.


of professionals plan on looking for new roles in the first half of 2023.


of employers think they will lose staff to other organisations with higher earning potential.

Employers will mostly seek candidates that have experience driving positive outcomes in companies through periods of economic uncertainty and change.

- Gurj SandhuManaging Director, Morgan McKinley Singapore

This is your opportunity to Go Beyond all expectations.

How can you increase your hiring success rates?

1. Top 5 reasons professionals want to move roles.


of professionals intend to look for new jobs in the first half of 2023. Here are the main reasons for wanting to move...

  • Higher salary
  • Career development opportunities
  • Meaningful and impactful work
  • Better culture and leadership
  • More role security

2. Key benefits to offer.


According to our research, only 32% of professionals have a say over the benefits they can choose. If you give your people greater flexibility around their benefits, you stand more of a chance of successfully hiring in 2023.
In terms of benefits that professionals in Singapore actually desire and value, the top 5 are:

  • Flexible working hours
  • Health insurance
  • Work from home
  • Wellness benefits and support
  • Work where you want policy (remotely/overseas for a period of time)

3. Flexibility in working patterns.

Offering flexibility around working hours and location is paramount for successful talent attraction. According to our research, the preference for the number of days in the office when applying for a new role is as follows:

Clearly, giving the workforce more freedom around where and when they do their work should be a focus.

The state of salaries in Singapore...

Ensuring that the salaries you are offering to new and existing employees meet their expectations will, as ever, be crucial to the success of your talent attraction and retention this year.


of employers have had to offer higher than anticipated salaries to attract new employees.


of employers have had to increase salaries to retain existing staff in the last year.


of employers think salaries in their specific sectors will rise again in 2023.

2023 Singapore salary guide.

Explore salaries to find out how much you should be paying your employees or how much you could be earning this year.

Compare salaries

Download your salary guide for 2023.

Salary data, insights and advice to guide your talent strategies. Benchmark what you are paying your teams against the industry averages for roles in your location.

Get your copy

A full range of Talent Services...

Whether you need new people to scale up your teams, or you’re looking for specific skills to help your business react fast, our full range of talent services will deliver. We Go Beyond to find you the right people.


Hire contractors or temps to strengthen your workforce. When it matters most, seize every opportunity.

Learn More


On-site, hybrid or remote, hire specialist permanent talent for your long term business success.

Learn More


During growth, periods of change or simply for the now, the right leaders help you meet commercial goals.

Learn More


RPO, MSP, Project Recruitment and more flexible outsourced solutions, saving you time and money.

Learn More

Advice for successful hiring.