Retail workers expect highest pay bumps when switching jobs: survey

They expect pay bumps of at least 26.6%, higher than the average 22%.

Employees in the retail and merchandise sector expect a 26.6% pay bump when they switch jobs, trumping the overall average of 22%, according to a survey by JobStreet. High increments are also expected in the food and restaurants (25.7%), and advertising/media/public relations (25.7%) industries.

Whilst most employees expect salary bumps when changing roles, Generation Z respondents (18 to 30-year-olds) are more willing to trade off their salaries for better career opportunities.

The same generation is more likely to welcome the gig economy and accept contractual, part-time or project-based work. They are also more eager about overseas postings and smart offices.

Generation X (12.6%) and Baby Boomers (12%) were the most concerned about the rise of digitisation and plans to turn Singapore into a smart nation, compared to Gen Z (10.2%) and Gen Y (9.9%). Regardless of generation, 44% of respondents said that they would like to be hired by an established and financially-secured company.

Seekers also prefer permanent roles across all industries, with 33% saying that they would decline an offer if it was on a part-time or contractual basis.

Over 50% believed that a five-day work week and sufficient number of paid holidays are essential to having a work-life balance, whilst 44% would turn down an offer if it entailed an irregular schedule. Thirty-one percent believed that they have to be compensated for overtime work.

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