Singapore trend: Increased employer shifts among workers

SINGAPORE: One in three employees in the country has been looking for new employers and opportunities over the first half of the year, a new poll has revealed.

Some 31% of respondents to recruitment specialist Randstad Singapore’s commissioned survey said they planned to change employers between January and June 2022, a three percentage point increase from the same period in 2021. At the same time, about 26% of those who were not already afraid of losing their jobs planned to resign, a six-point increase from 2021.

Jaya Dass, Managing Director at Randstad Singapore and Malaysia, said staff were most often looking for higher salaries, with many employees also seeking changed work experiences, including flexible work schedules and the chance to grow in their careers. "Employers that are looking to retain their workforce through this Great Resignation period should take action to meet these new employee expectations,” she advised.

Between July and December 2021, 18% of Singapore respondents to last year's survey had changed employers. The main motivators for this switch were work-life balance (64% of respondents indicated this), salary and benefits (63%), and the need for a pleasant work atmosphere (51%).

The findings were part of the initial results of Randstad's annual Employer Brand Research in Singapore, independently developed by Kantar TNS. The research explores the top employee value proposition (EVP) factors that shape the mindsets of employees and job seekers in looking for their ideal new employer.

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