Singapore Employment Outlook and Its Most Attractive Employers: 2019 Edition

September 23, 20191:37 pm2078 views

Changes brought by technology and globalisation are rapidly reshaping business and human lifestyle. In Singapore, technology usage in the workplace has improved from time to time, but its adoption on company culture and employee wellbeing are seen unstable.

See also: Singapore to Gradually Raise Employment Age to 65 by 2030

According to Randstad insight 2019 surveying more than 2,500 employees and job seekers, there is a clear disconnect between employees’ expectations and what companies are known to be offering. Aiming to bring valuable insight to help employers shape their employer brand and bring positive culture for future and current employees, the outlook revealed that employees expect for better and healthy work-life balance, attractive salary and job security, career progression, good reputation, and usage of the latest technology. However, the survey found that Singaporean companies can only fulfil three of these expectations: good reputation, usage of technology, and healthy work-life balance.

The study took a sample of 49 percent male and 51 percent female in various generations from gen Z to boomers and found that younger workers look for pleasant work atmosphere and good training. On the other hand, mature workers seek flexibility and strong management which accounts for more headache for employers to balance both. The diverse preferences define as follows:

The table above informs that attractive salary and good work-life balance becomes the best choice when it comes to choosing employers to work with for any generation. When asked about the best organisation to work with, nearly half of respondents (43 percent) cited that they prefer to work for large multinational corporations, followed by non-profit and government, SME enterprises, family-business oriented, start-up, and own business. 

Here are the top employers according to Randstad survey:

  • Singapore Airlines
  • Changi Airport Group
  • Marina Bay Sands
  • Procter & Gamble
  • ExxonMobil
  • Alibaba
  • DBS
  • Edwards Lifesciences
  • Nestle

These companies are ranked top in each of employee value proposition factor, including financial health, good reputation, latest technology usage, job security, career progression, salary and benefits, atmosphere, job content, and work-life balance. 

Read also: How to Achieve Sustainable Work-Life Balance – Lessons from the Happy Danes

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