India – Ciel HR set to float IPO in 2023 (MoneyControl)

India-based staffing and HR solution firm Ciel HR is set to go public in FY 2023 and raise INR 10 billion (USD 131.2 million) from the equity market, reports MoneyControl. The firm is also expected to raise INR 1 billion (USD 13.1 million) from private players, including PE funds, in next few weeks,...

China – Kanzhun fourth quarter revenue growth boosted by online recruitment services

Chinese recruitment platform Kanzhun Limited, whose core product is job board Boss Zhipin, yesterday reported its unaudited financial results for the full year and fourth quarter ended 31 December 2021.

Revenue for the fourth quarter stood at RMB 1.09 billion (USD 169.8 million), an increase of 69.1%...

World – Majority of energy sector professionals would consider career change

Over three-quarters of professionals in traditional energy sectors worldwide would consider switching to another sector within three years and most potential career-changers in oil and gas, power and nuclear would move to renewables, according to the latest Global Energy Talent Index (GETI) from Airswift...

India – Online recruitment growth up 10% in February: Monster Employment Index

Online recruitment in India grew by 10% in February 2022 compared to February 2021, according to the latest Monster Employment Index.

The Monster Employment Index growth reflects the improved sentiments in the online hiring space as compared to February last year. The index charted 290 in February 2022...

Vietnam – Recruitment demand for Vietnam capital’s tourism and services surges in Q2 2022 (Hanoi Times)

Hanoi’s tourism, services, manufacturing, construction, and banking industries are forecast to have ‘great’ recruitment demand in the second quarter of this year, reports the Hanoi Times, citing the Hanoi Centre for Employment Services under the Hanoi Department of Labour, Invalids, and Social...

New Zealand – Most employers expect to grow their workforce in 2022

More than half, or 68% of organisations in New Zealand expect to grow their workforce in 2022, according to the Beyond Recruitment Economic & Labour report.

Beyond Recruitment’s report showed that 60% of organisations said their workforce grew in the past 12 months.

Last year, the report found that...

Singapore – Nearly half of employers plan for 3% salary increase in 2022

Workers in Singapore can expect higher salaries this year, with increases likely averaging 3%, according to research from Hays.

The research found that 46% of employers in Singapore said they expect to increase salaries by up to 3% while 29% have plans for increases between 3-6%. This is higher than real...

Malaysia – Government approves amendments to Employment Act (New Straits Times)

Malaysia’s lower house of Parliament approved the Employment (Amendment) Bill 2021, aimed at enhancing protection for workers against discrimination and further safeguarding their well-being, reports The New Straits Times. In tabling the bill for its second reading, Deputy Human Resources Minister...

India – Chennai and Bengaluru to be top hiring destinations for the next few years (Times of India)

The Indian cities of Chennai and Bengaluru will be among the top hiring destinations between 2022-2026 as the country’s engineering, telecom and healthcare industries add 12 million jobs in the next four years. These three segments currently employ 42 million people, reports The Times of India citing...

World – Hiring outlooks return to pre-pandemic levels in most countries: ManpowerGroup

Strong hiring optimism is set to continue into the second quarter of 2022, according to the Q2 ManpowerGroup Employment Outlook Survey.

The survey polled 41,000 employers across 40 countries. ManpowerGroup’s survey data was collected in January 2022, before Russia’s invasion of Ukraine.

ManpowerGroup’s...