Networks Asia — The growth of IT and digital as well as a steady stream of replacement-based positions continued to drive hiring, particularly for business-critical functions such as legal and compliance and accounting and finance, according to the Robert Walters Asia Job Index Q3 2015. Despite a slowdown in growth, Asia is still one of the key growth drivers of the global economy and businesses will continue to expand to tap into the opportunities in the region.
Channel News Asia — SINGAPORE: Enterprise cloud computing company Salesforce has been named the best place to work in Singapore, according to a list by consultancy firm Great Place to Work. This is the consultancy’s first annual list for Singapore. In its report released on Friday (Nov 6), it found that high levels of trust and engagement among employees are “synonymous with high-performing work culture”.
IT News — Telstra will shed more than 400 call centre positions throughout Australia, with Townsville in northern Queensland the hardest hit by the staff reductions. According to the Communication Workers Union, most of the proposed redundancies will take place in Telstra’s customer service delivery team.
Taiwan’s unemployment in September fell slightly to 3.89%, the lowest level for that month in 15 years, according to government statistics released Thursday. Statistics showed that the average jobless rate for the first nine months of this year — 3.74 percent — is also the lowest since 2000, when the average unemployment rate of the same period stood at 2.91%.
Deal Street Asia — On the one hand, India is a hotbed for technological innovations with tech start-ups mushrooming across the country and unicorns such as Flipkart giving a tough battle to global giants like Amazon. On the other, educational institutions, barring a few elite and premier ones, are still struggling to make their presence felt online.
CFO Innovation — Salary increases for employees in most markets across Asia Pacific will be lower in real terms next year despite a rise in average salary budgets from 2015, owing to growing inflationary pressure, according to new research released today by leading global professional services company Towers Watson.
Want China Times — Wistron, a Taiwanese contract manufacturer of computer servers for Hewlett-Packard, Dell and Lenovo, denied claims by a Danish human rights organization on Monday that it used forced student labor at its Chinese factory. “As our company receives input from various organizations we will look for any improvements which will enhance the well-being of our staff,” Wistron said in an email to CNA on Monday, citing a statement it issued on Aug.
Digi Times — Rumors have been circulating in Taiwan’s semiconductor industry that Charles Kau, who works both as Inotera Memories chairman and Nanya Technology president, will be hired by China’s Tsinghua Unigroup to support the establishment of the region’s DRAM industry sector. Kau will be appointed as executive VP of Tsinghua Unigroup’s global operations, and will be responsible for the development of China’s home-grown DRAM technology and production capacity, according to the rumors. Kau will also help build a competitive talent pool for China’s DRAM sector.
Times of India — Toshiba Corp may lay off staff in its underperforming home appliances, TV and PC businesses and seek a partner for its nuclear operations to overhaul the company after a $1.3 billion accounting scandal, its chief executive said. “The latest accounting problems might have been driven by the fact that some of our businesses have lost earnings power. We must urgently take action in these businesses,” chief executive Masashi Muromachi told a roundtable of reporters.
Vietnam Net — Annual salaries of IT staff in Vietnam stand at an average of $30,938, ranking the country second from bottom and lower than other countries in Asia such as China, India, the Philippines, Indonesia, Malaysia, and Thailand. Bulgaria pays the lowest annual salaries for IT workers, at $25,680 per year, while Switzerland pays the highest, at $171,465, followed by Belgium, Denmark, the US, and the UK.
Computer Weekly — IT salaries are rising fast in Singapore, fuelled by shortages in key areas and Singapore’s image as a gateway to Asia for western businesses IT salaries in Singapore are increasing at up to 15%, fuelled by a shortage of workers in the IT industry. The IT sector is considered one of the most competitive recruitment markets in Singapore.
NDTV — The job market in India is improving. About 90 per cent of companies are looking to hire, says Sambhav Rakyan, data services practice leader for Asia Pacific at Towers Watson, a global HR consulting firm. Mr Sambhav Rakyan says its hiring survey showed that strong demand is being seen for graduates from top-tier business schools, research jobs in pharma, technical areas like social, mobile, analytics and cloud computing (SMAC) and SharePoint.
CFO Innovation — The fourth quarter results of the 2015 Manpower Employment Outlook Survey (MEOS) indicates that for the next three months Hong Kong employers continue to report positive hiring plans. Employers also anticipate payroll gains in all six industry sectors during the same period.
Asia One — Amid the decline in its share price in New York, Chinese e-commerce giant Alibaba Group Holding Ltd has announced a cut in its campus recruitment quota. With the original goal of recruiting more than 3,000 fresh graduates in 2016, the Hangzhou-based company said on its official campus recruitment website that the recruitment quota will “shrink due to changes in the group’s talent strategy” and “those who were likely to be recruited will have to face tougher competition”.
Network Aasia — Singapore remains the gateway to businesses in Southeast Asia due to its sound infrastructure, continuing to attract multinational corporations in the commerce and IT industries. The IT sector is considered one of the most competitive arenas in the Singapore marketplace. Salary ranges in this function are constantly changing, which is why staying ahead of the curve and knowing what is coming next is critical to career success.
China Tech News — China’s Lenovo Group announced that they will cut about 3,200 non-manufacturing employees worldwide. Lenovo announced this decision in its financial report for the first quarter of the 2015/16 financial year. The company said facing the dramatic decline of PC sales, Lenovo Group must continue to improve effectiveness and cut expenses. They will reduce about 3,200 non-manufacturing employees around the world, accounting for 10% of its total non-manufacturing employees and about 5% of its total employees. The company reportedly has 60,000 employees worldwide.
Digi Times — HTC has announced that it will reduce its operating costs by 35% and its global workforce by 15% by implementing a restructuring plan to sustain revenues and profit growth with a leaner and more flexible business model. The layoff plan will affect about 2,250 jobs at HTC based on a total of over 15,000 employees the company has as of the end of July.
Times of India — NEW DELHI: Foxconn Technology Group, the world’s largest contract manufacturer, is aiming to create at least a million jobs by setting up 10-12 manufacturing facilities across the country by 2020, its chairman said. Terry Gou, head of the maker of iPhones and iPads for Apple and Kindles for Amazon, told reporters on a short trip to India that Foxconn would look to set up the manufacturing plants, initially in five states including Andhra Pradesh, Gujarat, and Maharashtra and expand to other states across the country by 2020.
Digital News Asia — THERE was an overall decline in online employment in Malaysia, which dropped 23% between April 2014 and April 2015, according to online recruitment company Monster Worldwide Inc. Despite this year-on-year drop, online hiring activity has increased since March 2015 by 9%, the company said in a statement, citing the Monster Employment Index (MEI), which was generated for Malaysia for the first time.
BENGALURU: Wipro said it will defend all pending lawsuits against it after an Indian employee filed a class action complaint against it in a US court, alleging violation of local labour laws. Media reports indicated Wipro employee Suri Payala had recently filed a complaint in Superior Court of the State of California, alleging that Wipro failed to compensate him for over-time and make other wage settlements.