Candidates in Singapore have an eye firmly on the future when deciding whether or not to accept a new position or job according to new research from recruitment experts, Hays.
The latest web poll conducted by Hays Singapore asked website visitors ‘what is their main motivator in accepting a new position/job.’
Most respondents answered ‘clear career progression’ (49 per cent), 31 per cent nominated ‘salary & benefits’ and 20 per cent said ‘organisation culture’.
Managing Director of Hays Singapore, Lynne Roeder said the results represent a double-edged sword for employers.
“Salary and benefits has long been a key concern for job hunters in Singapore, but with 19 per cent more job hunters valuing the importance of identifiable career paths over monetary gain, that’s a significant message for employers,” she said.
“We advise employers to take a good look at the processes and structures that are in place to aid the career development of not just potential new recruits, but their current employees also. It will not only benefit employees, but also the organisation itself. “By providing ongoing professional development, an organisation ensures it has the skills and capabilities needed and that all employees are making the best contribution possible. Development also allows an organisation to advance individual employees’ skills in the direction of existing skills and knowledge gaps.”
“If you consider the results from this web poll, then a review of employee development programs could also aid in staff retention and motivation.”
Clear career progression is an increasingly important job benefit for many candidates across key Asian talent markets.
A massive 62 per cent of respondents in Mainland China said it was their main motivator when accepting a new position or job. Only 25 per cent of respondents in Mainland China cited ‘salary and benefits’ as their main motivator while 13 per cent placed ‘organisation culture’ at the top of their list.
In Japan (42 per cent), ‘clear career progression’ came out as the number one reason with ‘salary and benefits’ (39 per cent) also nominated as the second top reason for accepting a new job. In Hong Kong, 43 per cent of respondents each nominated ‘clear career progression’ and ‘salary and benefits’ as their key motivator for accepting a new job.
It was only in Malaysia where respondents nominated ‘salary and benefits’ (41 per cent) as their main reason for accepting a new job. However, ‘clear career progression’ came close to being the number one reason in the country with 38 per cent of the vote.
The web poll was conducted online at www.hays.com.sg between August 2017 and January 2018.
To find out more about Hays, visit their website here: https://www.hays.com.sg/