Close to 60 per cent of Singaporeans want to stay with an employer for more than five years, according to a survey by recruiting company Hays.
In a press release issued on Monday (Nov 16), Hays said that 59 per cent of Singaporeans believe in job loyalty and are prepared to stay more than five years, and 30 per cent of them said they will stay up to five years. The final 11 per cent of them like to change employers every one to two years.
“Most Singaporeans at heart do believe in job loyalty,” said Lynne Roeder, Managing Director of Hays in Singapore. “The job for life mentality is long gone, but so too is the mindset of job hopping regularly. Today almost 60 per cent of us want to stay with our employer for five years or more suggesting that, for most of us at least, stability, security and loyalty are important.
“Given this, it’s up to employers to ensure they create the environment in which employees can remain. After all, people want to stay with their employer long term, but they also want their careers to continue to develop and thrive.”
Ms Roeder said that this means employers need to provide all staff with ongoing training and development, reviews, and promotional opportunities. They also need to deliver what they promised in the recruitment process so that the reality of working at their organisation matches what they promoted when they were attracting top talent.
However, Ms Roeder added that it is important to “recognise when it’s time to move on”.
“Loyalty is a noble quality, but it should not be at the expense of your own career advancement. Employers need to make sure the two go hand in hand.”
1,183 Singaporeans were surveyed in the poll that was conducted between August and October 2015.
news source & image credits: channelnewsasia.com