, Singapore
364 views

Chart of the Day: Expected turnover rate in Singapore is the highest in Asia

About 46% expect to leave their companies in the next 12 months.

This chart from Workday and IDC shows that 46% of Singapore employees intend to leave their companies in the next 12 months. Singapore currently has the highest turnover rate amongst Asia Pacific countries.

However, the top 3 countries with the highest expected turnover, Singapore, Malaysia (38%), and Australia (35%), are amongst the countries with the “happiest employees.” This suggests employees are likely to switch jobs given the right “pull” factors.

Top pull factors in Singapore include better pay, career prospects, and work/life balance.

Meanwhile, 82% of employees see better job prospects as a result of the digital economy and 68% feel confident about their skills.

About 79% of Asia/Pacific employees surveyed are very/somewhat satisfied at work. Yet, when given the right opportunity, 73% of employees are likely to switch jobs, with 43% in average considering to do so within a year.  

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

C&W Services transforms headquarters into a ‘living lab’
The new office is set to be the ground for the firm’s new facilities management technologies.
How investor stewardship puts companies in a win-win state
Stewardship Asia Centre CEO says a company’s failure to take care of society is a failure to take care of its stakeholders.
Creating harmony in a heterogonous workforce 
An HR expert said tests like DISC can help identify which employees can work best together.

Event News

Event News

BAC Education Sdn Bhd wins the Online Services - Education award at the Malaysia Technology Excellence Awards 2022 Co-Written / Partner
The BAC Education Group comprises 30 companies dedicated to providing innovative learning and advancing human development in Malaysia and Southeast Asia through education. With a network of world-class partner universities and organisations, BAC Education offers students an unparalleled educational experience and creates value for its stakeholders through innovative technology.