Job satisfaction might not be sufficient to retain employees

Four in 10 employees plan to switch jobs.

Satisfaction at work isn’t always enough to prevent employees from leaving, ManpowerGroup data suggests.

In a report, ManpowerGroup revealed that six in 10 Singaporeans are satisfied with their jobs, yet 41% are still considering a job change within six months.

Factors likely influencing their decision to leave include daily stress, reported by 48% of employees, and insufficient opportunities for career growth, cited by 21%.

The lack of career opportunities was most prominent among white-collar workers, with 32% reporting limited advancement opportunities within their organizations.

Although 67% of workers believe their organization offers skill-building opportunities, only 44% received training and 41% received mentoring in the last six months.

Meanwhile, the report also found that well-being and work-life balance alone are insufficient, with 43% of hybrid workers still contemplating a job switch.