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Over half of employers in Asia (52%) use flexible staffing solutions, primarily through temporary or contract work, according to the latest salary guide by Hays. This also found that a quarter use temporary or contract staff on an ongoing basis.
The survey looked at recruitment trends across Hong Kong, China, Singapore, Malaysia and Japan and questioned 1,200 employers. It found that about half of employers in Japan gave a salary increase of less than 3% in 2012 and this is not bound to change this year. 28% of employers did not offer pay rises at all. According to the survey, only 16% of employers increased salaries between 3 and 6% while 4% offered pay rises of up to 10%.
But Jonathan Sampson, regional director of Hays in Japan, said that 91% of employers in Asia expect to award a bonus this year, compared to 87% last year. “Benefits are also being offered by 79% of employers with the most popular benefits in Japan being life assurance offered, club/gym membership, pension and tax equalisation.”
Nearly three quarters of employers across Asia believe the economy is likely to remain stable or strengthen. “This is expected to put greater pressure, on not only sourcing the right skills to manage increased business but also potentially the package on offer to prospective employees,” said Mr Sampson.
“Our salary survey revealed 93% of employers believe skills shortages will hamper their business operations.”