
Hop a little, jump a little: 4 in 5 Singaporeans want to go job-hopping next year
60% plan to do this ASAP.
Singapore employees have found a new hobby that's 100% work-related, and it's called job-hopping. Bosses may not be very happy with this news, but what can they do when the workers they hired are always itching to find a new workplace to settle in?
According to a workforce market sentiment survey by Berkley, recent reportsfrom the Ministry of Trade reveal that the Singapore economy grew 5.4% in Q1 2014 which has, in turn, led to increased investment in the region and heightened confidence amongst jobseekers and employers alike.
Here's more from Berkley:
Despite this, however, Berkley’s research reveals that future growth may be halted by a lack of available talent. The report revealed that 80% of the current workforce intends to move jobs in the next year, with 60% planning to do so within six months.
This is in keeping with recent research from Sylvia Vorhauser-Smith, Senior Vice President of Research at PageUp People, which reveals that regular job hopping is prevalent in the country’s workforce.
While there is a level of scepticism around the jobs market, there looks set to be a rise in the number of staff looking for new opportunities in the very near future.
60% of Singaporean respondents plan to move jobs in the next six months, a 2% increase on the previous survey results. Other countries reporting high predictions for job moves in this time frame are India (83%), France (67%) and the US (67%).