Singapore: Job hoppers' paradise?
Survey results show that more than half of respondents expect to get new job in 5 years.
The vibrancy of the city state of Singapore, known as the Little Red Dot, is apparent as it celebrates its 46th National Day this month.
Singapore's media published articles that reflected the spirit of National Day.
For instance, Her World magazine, the country's most popular female magazine, featured special articles headlined, "We really love Singapore. Double confirm!", "50 men we love ... all here in our little red dot" and "Why we so like dat? Presenting the A to Z of the new Singaporean".
These articles are really interesting to those of us who are keen to get a deeper understanding of Singapore. (We won't expect to find such articles in Japanese female magazines to mark Japan's National Day).
In the article, "Presenting the A to Z of the new Singaporean", the letter "J" caught my eye as it describes exactly our sentiments about Singapore employees compared to those in Japan.
The "J" stood for "job-hopping or thinking of it." In a global poll of 14 countries this year, Singapore earned the dubious honour of being the most disloyal workforce. Only 17 per cent would stay with the same company for a lifetime, compared to the regional average of 25 per cen. Who came out tops? The French.
Related to this issue, TODAY newspaper reported on August 5 the latest survey results by human resources company, Kelly Services.
The TODAY report, headlined, "Many Singaporeans expect career switch in 5 years", said the survey showed that more than half of the 900 Singaporean respondents would likely change their careers in the next five years.
In particular, employees of the government, engineering and information technology companies seem to have more potential as job hoppers than those from other industries.
The survey also showed that three in 10 expressed dissatisfaction with their current salaries. They wanted higher incomes. In addition, 68 per cent of the respondents believed that they deserved the same income levels and position even after they had gone on a long break for maternity or paternity leave, illness or an extended holiday.
Employers might need to take these survey results into serious consideration in planning their future human resource strategy and education program. They would be better able to take measures to make effective use of their employees' talents if they take into account the prospect of employees changing their jobs in the next five years.