Nilay Khandelwal, Michael Page

Nilay Khandelwal, Michael Page

9 October 2019
Is Singapore facing an acute fintech talent shortage?
Singapore’s unprecedented growth in the fintech space across in the last few years has spurred the entrance of many businesses specialising in the development of fintech. There are more than 400 fintech companies in Singapore, including both global players and Singaporean start-ups all with the key aim of revolutionising the future of money in Singapore. And according to the Fintech Employment 2019 report published by recruitment services firm - Michael Page Singapore, 94 per cent of fintech companies surveyed agreed that we are facing a major shortage of fintech talent. It also found that the number of local consumers adopting fintech products and services has jumped in the last two years, tripling from 23 per cent in 2017 to 67 per cent in 2019. We speak to Nilay Khandelwal, Managing Director of Michael Page Singapore on how organizations are keeping up with the ‘acute’ shortage of talent in fintech.

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How SMEs Can Overcome The Talent Crunch
According to a poll conducted by DBS, 26.5 per cent of small businesses cite manpower issues as one of their main pain points and the SME sector, in particular, face this challenge of finding the right talent to staff themselves How can businesses and SMEs prepare themselves for the eventuality of a global talent shortage? Nilay Khandelwal is Managing Director at Michael Page, Singapore and he talks us through SMEs overcoming the talent crunch.

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