, Singapore

Over 2 in 5 workers are willing to trade higher pay for flexi-time

Almost 7 in 10 are motivated by more than just pay.

Singaporeans workers are willing to accept less pay in exchange for flexible working hours, the Robert Half Salary Guide for 2017 revealed.

According to the study, more than 2 in 5 workers (43%) are willing to exchange higher pay for flexible working schedule, and more than one in three (37%) would prefer the option to work from home over a salary increase.

More so, almost 7 in 10 of these employees are motivated by more than just pay. Non-financial benefits are a clear motivator for Singaporeans, as more than one in four (28%) would accept a lower wage in return for more medical benefits, and one in five (20%) would prefer an increased holiday allowance.

Robert Half Singapore Managing Director Matthieu Imbert-Bouchard said employers need to diversify their incentives offerings and look beyond the financial aspect - in order to attract and retain their best talent.

"Whilst salary is still the most vital element of a remuneration package, flexibility has become increasingly important, with many Singaporeans starting to prioritise other benefits that positively impact their work-life balance," he said.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Singapore, Hong Kong take rival paths to capture global gold trade
One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.
Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.