We are in the final quarter of the year.  Quarter 4 is usually seen as the “quiet” quarter among recruiters and job seekers in Singapore.

With festivities around the corner, year-end pressures, and the dangling carrot of getting bonuses for their hard work throughout the year, most people put their job search on hold this time. However, this quarter might be a good time to look for opportunities if you are actively looking for a role.

Here are four reasons why:

1. There is less competition for the roles

With many job seekers putting their job search on hold due to the myth that hiring activity is minimal this quarter, you will have less competition for relevant positions.

Also, professionals who get their bonuses this quarter would want to wait till they get bonuses.

2. Companies try to meet their hiring budgets

Managers submit their hiring budgets beginning of every year and once it is approved, they would not want to be too short in making the budgeted hires as that will affect their hiring budget for the coming year.

They would therefore ramp up their hiring efforts to make these hires.

3. Additional workforce is required during year-end

This time of the year is also one of the busiest times of the year where everyone is busy preparing reports, budgets, and hitting the annual targets.

If one of their staff decides to leave, hiring managers try to find a replacement much faster than the rest of the year. There is also additional work for most companies.

If you are immediately available, then there will be a lot of contract opportunities to help with the workload and get your foot in the organisation.

4. Keeping at your job search now will give better results later

Even if you are not fortunate to start a new job this quarter, keeping at your job search is definitely a smart idea. You should continue applying for jobs and attending initial interviews this quarter.

By the time most people decide to look for a new job after Chinese New Year and prepare their CV, you would already be in final stages to get the role. So, all the best in your job search efforts this quarter.

Keep the momentum and you will be happy with the outcome.

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