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.
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