SUBSCRIBE: Free email newsletter

Human Resources

Toggle

Article

SabrinaZolkifi_Apr2013_handshake-tattoo-business

Time to wake up, Gen Ys

Have you done anything impressive in the area of recruitment and talent acquisition? Of course you have. Don’t keep it a secret, enter it into the Asia Recruitment Awards! Position your company as an employer of choice at the Asia Recruitment Awards - entries open now!

More than half of local bosses believe Gen Ys are difficult to recruit because of their unrealistic expectations of career advancements and salaries.

A survey by Robert Half has found 54% of Singaporean employers believe Gen Ys are the hardest group to recruit, compared to Gen X (21%) and Baby Boomers (9%).

There are also more local (59%) than global (45%) employers who find Gen Ys challenging to retain – the only other country to have a harder time holding onto their Gen Y talent is Chile.

Eighty per cent of bosses said Gen Ys are a handful to attract and retain because they have high expectations for career progression, while 75% of employers said younger talent believe they are worth more than they really are.

Stella Tang, director of Robert Half Singapore, called Gen Y employees the generation “that ‘wants it all’ and they ‘want it now’ – good pay, benefits, rapid career advancement, work-life harmony, interesting and meaningful work”.

Therefore, she said companies have to be better at engaging Gen Y employees and give them roles that challenge and leverage on their strengths in order to better retain them.

“One example would be to tap their ‘savviness’ with technology and social media to lead a social networking task force to drive a business need,” Tang said.

The report also found while 80% of Gen Ys prioritise career advancement – a sentiment shared by Gen X employees – baby boomers are those most likely among all employees to be inclined towards jobs that provide work-life balance.

Workforce Mobility Interactive: only regional conference on employee mobility and expatriate management issues. Limited to 100 HR leaders and senior mobility specialists,
request your complimentary invitation now »

Read More News

Trending

Leave a Reply

You must be logged in to post a comment.