Singapore employees rank second lowest globally in terms of career satisfaction, a new survey shows.
Seventy-six per cent of Singaporean respondents to an Accenture research study indicated they are dissatisfied with their jobs. The report, titled ‘The Path Forward’ found work-life balance, pay, and opportunities for career advancement to be the top three career factors for Singapore employees.
This figure is second only to Indonesia, which ranks the lowest in job satisfaction, with just 18% of employees claiming they are happy in their jobs. At the other end of the scale, Swiss workers claimed to be the most cheerful employees, with a large 68% satisfied at work.
The report also highlighted the differences between what men and women found to be the primary factors of job satisfaction. Male respondents (38%) are more concerned with maintaining a healthy work-life balance, while female respondents worry more about compensation and benefits (38%). This compares to 24% of women and 28% of men who share the same sentiments respectively.
Additionally, close to half of both male and female respondents agreed they need to consistently sacrifice time with family in order to achieve career success. While this finding is also reflected in other Asian countries such as Malaysia and China, it contrasts with respondents in Netherlands who agreed they do not have to sacrifice family time to be successful in their jobs (84%).
Although an equal percentage of men and women claimed to be dissatisfied with their current jobs, women are less likely to look for opportunities elsewhere as compared to men. Only half as many women as men said they are exploring job alternatives.
In terms of career advancement, most respondents cited a lack of opportunity as the main obstacle. More men (40%) than women (22%) believed that there is no opportunity for advancement and feel trapped in their current jobs.
Additionally, while some companies have implemented flexible work options to address the issue of work-life balance, only 39% of respondents reported having some type of flexible work schedule, with 26% saying they have been using flexible work options for more than three years.