Four in ten cited limited career path as the top reason for leaving.
Two in five, or 39% of Singaporean employees have plans to change employers in 2019, Randstad reveals in its annual Employer Brand Research. Of this number, 40% cited ‘limited career path’ as the key reason for resigning.
A third of employees (31%) also tend to consider resignation when they are not fairly recognised or rewarded or are unable to strike a balance between work and their personal lives.
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“Companies that invest in the well-being and development of their people will be able to build a strong employer brand,” Jaya Dass, Managing Director of Randstad Singapore and Malaysia said in a statement. “However, only a handful of companies have the resources to invest in building a strong employer brand as it is typically not high on the business agenda.”
The survey also revealed workplace features that would encourage jobseekers to apply. Close to 38% of respondents aged between 35 and 54 seek companies that can offer them flexible work arrangements. In contrast, 69% of millennials said that they do not mind working in an the office set-up and 33%, would also apply for jobs with robust training programmes to ensure continuous career and skills development.
Meanwhile, 42% of Generation Z candidates look for interesting jobs they can feel excited about and 48%, want to work in an office that has a pleasant work atmosphere.
The research found that younger job seekers tend to use online channels to look for new opportunities and check on a company’s reputation. Two in five millennials, or 41%, read up the latest information on their potential employer on LinkedIn, while 46% of Generation Z tend to look for jobs and employers on Google.
“HR teams should also start monitoring social media pages such as Glassdoor and LinkedIn to check what their candidates, employees and alumni are saying about them so that they can develop better human resources strategies to meet workers’ expectations,” Jaya Dass, managing director of Randstad Singapore and Malaysia, said.
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