Can employers in Singapore deliver what we are looking for? Recent research suggests that there are big differences between what Singaporean talent is looking for, and what is on offer.
A study done by recruitment firm Randstad for the recent Randstad Award 2016 surveyed 5,000 job-seekers and employees between the ages of 18 and 65, as well as 75 of the largest firms in Singapore. The results show that a clear gap exists between what professionals look for when it comes to jobs and what employers have to offer.
Image source: Randstad Singapore
The top 3 attributes that employees and job-seekers prize include salary and employee benefits, a good work-life balance and a pleasant working atmosphere.
On the other hand, employers in Singapore perform well in the areas of financial health, strong management and job training.
As you can already see, the attributes that matter most to Singapore professionals and those that employers do well at don't completely match up, to say the least.
Also, have you been curious why your boss has been sort of overworking you non-stop from the time you first joined the company? Well, we might just have ourselves to blame.
Let's be real, how many of us actually prioritise work-life balance in Singapore where practically everyone is stuck in the rat race, consumed by the idea and goal of surviving this considerably cruel world?
Despite the preference for prioritising better work-life balance, employers in Singapore scored the worst in this department. Well, I suppose most employers would want their staff to just keep working and maxing their poor fatigued souls out in the name of raising productivity.
The saddest finding from the survey results furnished by Randstad Singapore is probably the fact that 50% of men and 42% of women polled mentioned that they are willing to sacrifice even more of their work-life balance for more or equal pay.
Okay, most Singaporeans are practical because of how we've been brought up and socialized, so it is hardly surprising that the key motivations for them to work more lie in pay increases (80%), career progression (41%) and personal development (33%).
Of this pool of 5,000 local respondents, 52% of men and 41% of women already work more than the recommended 44-work-hours per week established by the Ministry of Manpower.
Only a mere 7% of Singaporeans surveyed indicated their partiality towards reducing their heavy work schedules. After all, we have to admit that the ranking of work-life balance has increased a fair bit from 32% to 57% between 2012 and 2016.
If you have the same sentiment as the 7% of Singaporean respondents in the survey, it'll do you good to check out these 12 tips for achieving better work-life balance in Singapore. After all, there are things in life that money cannot buy, ever.
So, Now What?
Even though a career move shouldn't just be about money, we can't deny the fact that money plays an important role in our lives.
If you've been gunning for career progression, perhaps you could try getting yourself acquainted with these 4 feasible habits that can help you advance your career.
Just in case you're wondering, here are the 13 jobs in Singapore whose earnings have taken a hit amidst the current lacklustre economic outlook. On the contrary, certain jobs in Singapore remain in high demand due to the tight labour market. For instance, these are the 10 most in-demand banking jobs in Singapore right now.