Only 2 in 5 are uncertain about staying in their current role.
About 34% of employees do not plan to stay in their company for more than a year, LinkedIn revealed in a survey.
According to a press release, 20% are uncertain about staying in their current role.
Almost half, or 42%, are interested in job opportunities elsewhere. This is higher than the 30% global average.
A higher salary can still motivate 54% to explore a new career, but talents are also encouraged by companies that support their personal interests.
Feon Ang, vice president of Talent and Learning Solutions, Asia-Pacific at LinkedIn, said, "People often move to seek greener pastures when they feel stagnated at a workplace or have unmet expectations. This makes it even more important for businesses to ensure they build a strong talent pipeline by engaging prospective talent, as well as establish a strong employer brand, clearly communicating their culture and values to attract the right talent.”
The 67% that plan to stay in their companies for long are driven by challenge and skills improvement. Other reasons included work-life balance at 35%, and confidence in the company's future at 33%.
The survey also said 39% of Singaporeans value sense of pride in working for an admirable company.
This is "a sign that companies with strong employer brands will continue to see candidates coming their way," LinkedIn said.
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