Gen Z workers in Singapore most likely to switch jobs & More News Here

While renumeration continues to be essential to retain expertise, staff are more and more taking a look at different components, together with transparency and versatile work.

Gen Z workers in Singapore, aged 18 to 25, are extra likely to switch jobs over the subsequent 12 months in contrast to different age teams, at 36%, revealed a survey by PwC. Comparatively, 21% of workers surveyed indicated they may depart their present positions throughout the subsequent yr.

When staff have been requested concerning the most essential components surrounding a job switch, 61% of workers stated that being pretty rewarded financially was essential to them, and 29% highlighted that they may ask for a pay increase. This compares to 71% and 35% respectively, amongst international staff.  

There have been fewer respondents who had a constructive outlook on their present job, with 31% saying that they’re pretty rewarded financially in their job, 12% who strongly agree that their jobs are fulfilling, and 11% who strongly agree that they will carry their true selves to work. This compares to 42%, 25% and 27% respectively, worldwide. 

“What’s coming out clearly from this year’s survey is that while Singapore workers are seeking a fairer financial reward, they are also looking for employers and jobs that can provide them with greater transparency, job fulfilment and a flexible working environment,” stated Chris Woo, Tax and People and Organisation, Rewards Leader, PwC Singapore.

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Other issues raised by workers included the dearth of alternatives to upskill and employers taking good care of their wellbeing, significantly in a hybrid work setting. 72% of respondents desire to work in a hybrid setting, and 74% count on their employers to be supportive of hybrid work preparations, and to provide a versatile work method in the subsequent 12 months.

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